TERRACORPS INC (EIN 823881519) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

DAVID GRAHAM WOLF

Phone

9783649770

Tax Period

2023-09-01 to 2024-08-31

TERRACORPS INC, founded in 2017, is a community nonprofit in the Environment sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

TO PREPARE AND MOBILIZE EMERGING LEADERS TO HELP COMMUNITIES GAIN ACCESS TO AND CONSERVE LAND FOR PEOPLE AND NATURE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,319,523

Program Service Revenue $556,487

Investment Income $6,060

Other Revenue $0

TOTAL REVENUE $1,882,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,582,877

Fundraising Expenses $6,503

Program Expenses $1,823,466

Other Expenses $354,491

TOTAL EXPENSES $1,937,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,882,070	$1,418,591	+0.3%
Expenses	$1,937,368	$1,289,321	+0.5%
Net Income	$-55,298	$129,270	-1.4%

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

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

$85,072

Total Directors

$85,072

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GRAHAM WOLF	PRESIDENT/CEO	40.00	Officer Director	$85,072	$0	$85,072
ZOE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MOIRE LOFTUS	DIRECTOR	1.00	Officer Director	$0	$0	$0
REGGIE HALL	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ROBERT CHEN	DIRECTOR	1.00	Director	$0	$0	$0
TONI ATKIN	DIRECTOR	1.00	Officer Director	$0	$0	$0
JANICE CATALDO	INTERIM TREASURER	2.00	Officer Director	$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	$1,882,070	$1,937,368	$894,904	$-55,298
2023	$1,418,591	$1,289,321	$899,812	$129,270
2022	$1,551,935	$1,566,903	$609,503	$-14,968
2021	$1,570,866	$1,790,089	$871,956	$-219,223
2020	$1,323,526	$1,350,189	$896,288	$-26,663
2019	$1,027,672	$1,019,218	$697,164	$8,454

TERRACORPS INC