Terraformation Org Foundation is located in Kamuela, HI. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, 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. Terraformation Org Foundation 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, Terraformation Org Foundation generated $36.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (34.7%) per year over the past 2 years. 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
THE SPECIFIC PURPOSES OF THIS FOUNDATION WILL INCLUDE, BUT NOT BE LIMITED TO, THE MAKING OF GRANTS, DONATIONS, GIFTS, AND CONTRIBUTIONS FROM THE NET INCOME OF ASSETS OF THIS FOUNDATION EXCLUSIVELY FOR FOREST RESTORATION AND CONSERVATION PURPOSES BY IMPROVING THE ENVIRONMENT THROUGH FINANCIAL SUPPORT OF HIGH-SCALE REFORESTATION PROJECTS, AND FOR ANY OTHER CHARITABLE PURPOSES APPROVED BY THE BOARD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yishan Wong President | 0.5 | $0 | |
Yee Lee Secretary/treasurer | 0.5 | $0 | |
Prem Lalvani CFO | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $36,335 |
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 | $36,335 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $23 |
Total expenses | $36,623 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $184 |
Other assets | $0 |
Total assets | $184 |
Total liabilities | $0 |
Net assets or fund balances | $184 |