TERRA SCIENCE & EDUCATION INC

EIN: 273215060 501(c)(3) Education

SYRACUSE, NY

Total Revenue
$3,010,279
Total Expenses
$2,515,291
Total Assets
$10,454,556
Net Assets
$6,185,052
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
DR FEHMI DAMKACI
Phone
3154222902
Tax Period
2023-01-01 to 2023-12-31

TERRA SCIENCE & EDUCATION INC, founded in 2010, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $495K, a strong 16% operating margin.

Mission

TERRA SCIENCE AND EDUCATION, INC. IS A NON-PROFIT, EDUCATIONAL ORGANIZATION PROMOTING SCIENCE AND TECHNOLOGY EDUCATION AT THE SECONDARY AND POST-SECONDARY LEVELS, BY PROVIDING SCIENTIFIC AND EDUCATIONAL SUPPORT SERVICES FOSTERING LEARNING AND ACADEMIC EXCELLENCE, BY WORKING WITH SCIENTISTS AND EDUCATORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,773
Program Service Revenue $2,992,897
Investment Income $609
Other Revenue $0
TOTAL REVENUE $3,010,279

Expense Breakdown

Grants Paid $0
Salaries & Benefits $331,143
Fundraising Expenses $0
Program Expenses $2,190,987
Other Expenses $2,184,148
TOTAL EXPENSES $2,515,291

Year-over-Year Comparison

2023 2022 Change
Revenue $3,010,279 $2,549,244 +0.2%
Expenses $2,515,291 $1,467,271 +0.7%
Net Income $494,988 $1,081,973 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR FEHMI DAMKACI PRESIDENT 26.00
Officer
$0 $0 $0
DR NIGAR ALTINDIS TREASURER 0.50
Officer
$0 $0 $0
DR BIROL OZTURK SECRETARY 0.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,010,279 $2,515,291 $10,454,556 $494,988
2022 $2,549,244 $1,467,271 $10,810,257 $1,081,973
2021 $1,695,578 $1,077,322 $6,349,598 $618,256
2020 $2,116,422 $1,117,836 $5,637,888 $998,586
2019 $1,978,447 $1,616,959 $5,237,291 $361,488
2018 $2,068,756 $1,454,574 $5,460,716 $614,182
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