The Terra Foundation
EIN: 812116332 · Scottsdale, AZ · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $208K |
| Net Assets | $1K |
Is The Terra Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Terra Foundation
The Terra Foundation (EIN: 812116332) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T22. The organization reported total revenue of $85K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Terra Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Terra Foundation is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 2023.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $208K |
| Surplus / Deficit | $-5,263 |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, The Terra Foundation reported a deficit of $5K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), The Terra Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2023.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.1% | -62.3% | -81.7% |
| 2022 | +54973600.0% | — | -39.3% |
| 2021 | +0.0% | — | +0.0% |
| 2020 | +0.0% | — | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Terra Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Terra Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about The Terra Foundation
Is The Terra Foundation a legitimate charity?
The Terra Foundation (EIN: 812116332) is a registered tax-exempt nonprofit based in Arizona. It has 5 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: C.
How does The Terra Foundation spend its money?
The Terra Foundation reported $85K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Terra Foundation tax-deductible?
The Terra Foundation is registered as a tax-exempt nonprofit (EIN: 812116332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Terra Foundation located?
The Terra Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 812116332. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Terra Foundation have?
The Terra Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $85K in total revenue.
Filing History
IRS 990 filing history for The Terra Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), The Terra Foundation's revenue has grown by 20312500%, moving from $1 to $203K. Total assets decreased by 88.9% over the same period, from $11K to $1K. In its most recent filing year (2023), The Terra Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $208K | $1K | $1 | — | View 990 |
| 2022 | $550K | $553K | $6K | $1 | — | View 990 |
| 2021 | $1 | $0 | $11K | $1K | — | View 990 |
| 2020 | $1 | $0 | $11K | $1K | — | — |
| 2019 | $1 | $0 | $11K | $990 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $208K, and assets of $1K (revenue -63.1% year-over-year).
- 2022: Revenue of $550K, expenses of $553K, and assets of $6K (revenue +54973600.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $11K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $11K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Terra Foundation:
Data Sources and Methodology
This transparency report for The Terra Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.