Terramica EIN 47-3893106 Form 990 (PDF) Claim this org

Terramica

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Teaches families healthy habits and rebuilds their homes for a better future. For fiscal year 2022 it reported $238K in revenue, $224K in expenses, and $74K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Celina, TX
Website
www.terramica.org
Filings
3 on file (2020–2022)
Revenue
$238KFY2022
Expenses
$224K
Net assets
$74K
People
6
Filings
3
Updates
0
More identity details & actions ⌄
EIN  47-3893106 Public charity (501(c)(3)) Celina, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches families healthy habits and rebuilds their homes for a better future.
Leadership
Edward Apfell · Chairman
Money in and out
$238K revenue, $224K expenses
Bottom line
66% program efficiency
Where the money goes · FY2022
Total revenue
$238K
Pt VIII · Ln 12
Total expenses
$224K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.08 Fundraising $0.26
Program efficiency
66%
of spending reaches programs▼ -22% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▲ ×40 vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +170% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$238K
FY2022▼ -5%
Expenses
$224K
FY2022▼ -18%
Total assets
$74K
FY2022▲ ×24
Total liabilities
$0
FY2022
Total revenue
$238K
Pt VIII · Ln 12
Total expenses
$224K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$74K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTerramica
EINHdr · item D47-3893106
Principal addressHdr · item CCelina, TX
WebsiteHdr · item Jwww.terramica.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer,secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $147K of program spending, described in the organization's own filed words · FY2022.
01

Terramica works to stabilize vulnerable communities in central america, to cultivate hope for a viable future, and create a better local life through meaningful education and impactful projects.

$147Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$238K
Total revenueLn 12$238K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.08 Fundraising $0.26
Program services66%$147K
Management & general8%$18K
Fundraising26%$59K
Total functional expensesLn 25$224K

Balance Sheet

Part X · end of year
CashLn 1$74K
Total assetsLn 16$74K
Total liabilitiesLn 26$0
Total net assetsLn 32$74K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $74K · Operating expenses/yr $224K
4.0 months
Where the money goes
Program services
Program services $147K · Total expenses $224K
66%
Management & General
Management & general $18K · Total expenses $224K
8%
Fundraising
Fundraising $59K · Total expenses $224K
26%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $192K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $238K · Total revenue $238K
100%
Government reliance
Government grants — · Total revenue $238K
Earned-income share
Program service revenue $0 · Total revenue $238K
0%
Investment reliance
Investment income $0 · Total revenue $238K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $224K
0%
Growth & trend
Revenue growth (YoY)
This year $238K · Prior year $250K
-5%
Net-asset trend (YoY)
End of year $74K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $238K · Expenses $224K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $74K
Net-asset ratio
Net assets $74K · Total assets $74K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $74K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Edward Apfell · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $224K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $224K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 8%
Fundraising cost ratio 25%
Revenue growth -5%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$238K revenue · viewing · ⤓ 990 PDF
FY2021$250K revenue · ⤓ 990 PDF
FY2020$87K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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