TERRA SCIENCE & EDUCATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

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

Program Service Accomplishments

Program 1

Expenses: $2,190,987

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROMOTE SCIENCE AND TECHNOLOGY EDUCATION AT THE SECONDARY AND POST-SECONDARY LEVELS BY PROVIDING SCIENTIFIC AND EDUCATIONAL SUPPORT AND SERVICES...

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROMOTE SCIENCE AND TECHNOLOGY EDUCATION AT THE SECONDARY AND POST-SECONDARY LEVELS BY PROVIDING SCIENTIFIC AND EDUCATIONAL SUPPORT AND SERVICES FOSTERING LEARNING AND ACADEMIC EXCELLENCE BY WORKING WITH SCIENTISTS AND EDUCATORS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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