Terma Foundation
- Assets
- $146.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Half Moon Bay, CA
- Founding
- 02/2000
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Terma Foundation generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $54.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 8 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
2022
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 |
|---|---|---|---|
Dr Nancy Harris President | 10 | $0 | |
Wilder Knight Director | 1 | $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 | $106,205 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $65 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,270 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,317 |
| Professional fees and other payments to independent contractors | $1,285 |
| Occupancy, rent, utilities, and maintenance | $14,820 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,896 |
| Total expenses | $54,318 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,819 |
| Other assets | $0 |
| Total assets | $146,591 |
| Total liabilities | $15,269 |
| Net assets or fund balances | $131,322 |