Terma Foundation
- Assets
- $96.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Half Moon Bay, CA
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 94-3342953
Organization Overview
Terma Foundation is located in Half Moon Bay, CA. The organization was established in 2000. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Terma Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terma 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 12/2021, Terma Foundation generated $90.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.9%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE MEDICAL ASSISTANCE AND EDUCATIONAL HEALTH PROGRAMS TO WOMEN, CHILDREN AND THE RURAL POOR IN TIBETAN ETHNIC AREAS WITHIN THE PEOPLE'S REPUBLIC OF CHINA AND BRAZIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilder Knight Director | 1 | $0 | |
Nancy Harris President | 10 | $0 | |
Harriet Beinfield Vice President | 1 | $0 | |
Neil Eisenberg Treasurer | 1 | $0 | |
Karen Green Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,079 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,480 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,705 |
| Professional fees and other payments to independent contractors | $13,303 |
| Occupancy, rent, utilities, and maintenance | $14,027 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,745 |
| Total expenses | $57,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,537 |
| Other assets | $0 |
| Total assets | $95,954 |
| Total liabilities | $15,059 |
| Net assets or fund balances | $80,895 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Terma Foundation has recieved totaling $76,058.
| Awarding Organization | Amount |
|---|---|
Orr Family Foundation Saratoga, CA PURPOSE: GENERAL FUND | $75,000 |
Lodas Family Charitable Foundation Chicago, IL PURPOSE: GENERAL OPERATING | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
Camfed U S A Foundation San Francisco, CA | $36,300,793 | $18,741,639 |
Santa Verena Charity Inc Irvine, CA | $6,336,477 | $9,586,316 |
Celerity Global Development Los Angeles, CA | $11,358,703 | $8,338,198 |
Esperanca Inc Phoenix, AZ | $5,441,350 | $6,254,159 |
Healthcare Charities Inc Castro Valley, CA | $6,018,675 | $902,846 |
Interledger Foundation San Francisco, CA | $102,603,336 | $111,802,448 |
Buddhist Tzu Chi Medical Foundation Alhambra, CA | $7,788,748 | $6,283,742 |
Proximity Designs South Pasadena, CA | $22,877,112 | $7,664,547 |
Middle East Childrens Alliance Berkeley, CA | $6,590,068 | $6,895,587 |
Asha For Education Walnut, CA | $6,365,448 | $3,647,309 |
Thrive Networks Global San Francisco, CA | $3,206,064 | $3,990,664 |