Terraset
- Assets
- $102.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- Data as of
- 12/2022
- EIN
- 88-1122351
Organization Overview
Terraset is located in Boulder, CO. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, 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. Terraset is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LAUNCHED IN OCTOBER 2022. TERRASET PURCHASED CARBON REMOVAL FROM TWO CDR COMPANIES, HEIRLOOM AND CHARM INDUSTRIAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Roetter President | 5 | $0 | |
Adam Smith Treasurer | 1 | $0 | |
Jeremy Ginsberg Secretary | 1 | $0 | |
Chris Wedding Co-Founder | 5 | $0 | |
Erzsi Sousa Interim Director | 10 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,870 |
| 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 | $154,870 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,000 |
| Professional fees and other payments to independent contractors | $5,634 |
| Occupancy, rent, utilities, and maintenance | $532 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,138 |
| Total expenses | $58,304 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,886 |
| Other assets | $0 |
| Total assets | $102,923 |
| Total liabilities | $6,357 |
| Net assets or fund balances | $96,566 |