Territorial Empathy Inc is located in Brooklyn, NY. The organization was established in 2019. According to its NTEE Classification (V34) the organization is classified as: Urban Studies, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Territorial Empathy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Territorial Empathy Inc generated $110.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $50.0k during the year ending 12/2023. While expenses have increased by 17.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE RECEIVED A GRANT TO WORK ON THE DESIGN OF A COMMUNITY GARDEN REDESIGN IN THE SOUTH BRONX IN NEW YORK STATE. THE GARDEN WILL PROVIDE SUSTAINABLE TECHNOLOGY SUCH AS RAINWATER HARVESTING AND SOLAR PANELS. THE GARDEN WAS DESIGNED ALONG WITH THE LOCAL COMMUNITY AND MUTUAL AID GROUPS.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $109,950 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $109,950 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,398 |
Occupancy, rent, utilities, and maintenance | $45,273 |
Printing, publications, postage, and shipping | $304 |
Other expenses | $0 |
Total expenses | $49,975 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $99,210 |
Other assets | $0 |
Total assets | $99,210 |
Total liabilities | $0 |
Net assets or fund balances | $99,210 |