Terraffirm Inc
- Assets
- $195.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Palo Alto, CA
- Founding
- Data as of
- 07/2022
- EIN
- 84-3227885
Organization Overview
Terraffirm Inc is located in Palo Alto, CA. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terraffirm 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 07/2022, Terraffirm Inc generated $250.0 in total revenue. All expenses for the organization totaled $314.9k during the year ending 07/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING THE 2021 TAX YEAR, TERRAFFIRM MADE THE FOLLOWING GRANTS: (1) TO FIREFIGHTERS UNITED FOR SAFETY, ETHICS, AND ECOLOGY TO DEVELOP AND DISTRIBUTE ADVOCACY MATERIALS TO PROMOTE BROADCAST BURNING FOR ON-SITE BIOCHAR PRODUCTION IN AN EFFORT TO REDUCE THE EFFECT OF WILDFIRES, (2) TO POINT BLUE CONSERVATION SCIENCE TO MAP AND PUBLICLY SHARE SOIL ORGANIC CARBON (SOC)LEVELS FROM 2015 TO THE PRESENT ACROSS CALIFORNIA RANGELANDS IN ORDER TO INFORM POLICY MAKERS AND LAND STEWARDS ON WHAT PRACTICES THEY CAN RELY ON AND WHAT AREAS ARE MOST IN NEED OF WORK TO RESTORE HIGH LEVELS OF SOC, (3) TO POINT BLUE CONSERVATION SCIENCE TO FUND TRAINING OF POINT BLUE STAFF MEMBERS TO ATTAIN BASIC WILDLAND FIREFIGHTER CERTIFICATION, AND (4) TO POINT BLUE CONSERVATION SCIENCE TO DETERMINE WHICH SITE FACTORS MODERATE GAINS IN SOC WITH MANAGEMENT. IN ALL CASES,TERRAFFIRM ENTERED INTO A WRITTEN AGREEMENT WITH THE GRANT RECIPIENTS SETTING FORTH THE CHARITABLE PURPOSES OF TERRAFFIRM AND THE MUTUAL RIGHTS AND OBLIGATIONS OF TERRAFFIRM AND THE RECIPIENT ORGANIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Hayes Sec & Treas | 40 | $180,000 | |
Bruce Dunlevie Chairman, Pres | 5 | $0 | |
Mike Farmwald Director | 8 | $0 | |
Mark Evans Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $191,751 |
| Professional fees and other payments to independent contractors | $8,694 |
| Occupancy, rent, utilities, and maintenance | $22,699 |
| Printing, publications, postage, and shipping | $22 |
| Other expenses | $8,369 |
| Total expenses | $314,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,968 |
| Other assets | $0 |
| Total assets | $194,968 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,968 |
Grants Awarded
Over the last fiscal year, Terraffirm Inc has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Petaluma, CA | | $20,000 |
Eugene, OR | | $10,000 |
Hayfork, CA | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Terraffirm Inc has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Energy Efficiency Alliance Inc Portland, OR | $17,873,097 | $40,333,579 |
Grid Alternatives Oakland, CA | $32,269,792 | $33,853,183 |
Grid Alternatives Oakland, CA | $40,864,368 | $37,598,833 |
Energy Coalition Irvine, CA | $17,114,410 | $15,434,629 |
Solutions Project Inc Oakland, CA | $43,392,918 | $7,109,557 |
Energy Action Fund San Francisco, CA | $13,042,856 | $15,440,948 |
Californias For Energy Independence San Rafael, CA | $5,056,304 | $11,791,038 |
Calcef Innovations Oakland, CA | $15,783,035 | $8,813,623 |
Global Alliance For Incinerator Alternatives Berkeley, CA | $3,935,588 | $4,680,505 |
Climate Action Reserve Los Angeles, CA | $8,572,004 | $4,530,759 |
Green Building Initiative Inc Portland, OR | $9,419,082 | $7,219,837 |
Western Climate Initiative Inc Sacramento, CA | $14,036,664 | $9,896,538 |