Totals
- Total revenue
- $433,470
- Total expenses
- $1,048,106
- Contributions and grants received
- $412,412
- Grants paid
- $117,037
- Program service revenue
- $0
- Investment income
- $21,058
- Other revenue
- $0
- Total assets, end of year
- $1,054,841
- Total liabilities, end of year
- $111,319
- Net assets or fund balances, end of year
- $943,522
- Program services expenses (Part IX)
- $900,771
- Management and general expenses
- $85,072
- Fundraising expenses
- $62,263
- Program service expenses (Part III)
- $900,771
Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$412,412
-
3 · Investment income
total $21,058 · excluded $21,058
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $21,037 · program services $21,037
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $96,000 · program services $96,000
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $185,491 · program services $131,428 · management and general $19,277 · fundraising $34,786
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $9,304 · program services $11,500 · management and general -$2,196
-
10 · Payroll taxes
total $17,565 · program services $12,976 · management and general $1,642 · fundraising $2,947
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $14,012 · program services $10,094 · management and general $3,730 · fundraising $188
-
11c · Fees: accounting
total $18,369 · management and general $18,369
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $7,727 · management and general $7,727
-
11g · Fees: other
total $481,571 · program services $459,592 · management and general $16,637 · fundraising $5,342
-
12 · Advertising and promotion
total $40,306 · program services $39,145 · fundraising $1,161
-
13 · Office expenses
total $110,404 · program services $84,335 · management and general $15,631 · fundraising $10,438
-
14 · Information technology
total $9,285 · program services $5,073 · management and general $1,770 · fundraising $2,442
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $12,942 · program services $10,989 · management and general $1,953
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,482 · program services $1,464 · management and general $18
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,220 · program services $4,220
-
23 · Insurance
total $18,391 · program services $12,918 · management and general $514 · fundraising $4,959
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,218 · end of year $35,953
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $2,339 · end of year $0
-
4 · Accounts receivable
end of year -$2,546
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $433 · end of year $433
-
9 · Prepaid expenses and deferred charges
beginning of year $570 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$40,949
-
10b · Land, buildings and equipment: accumulated depreciation
$7,704
-
10c · Land, buildings and equipment, net
beginning of year $35,826 · end of year $33,245
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $1,430,559 · end of year $987,756
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $18,226 · end of year $24,119
-
24 · Unsecured notes and loans payable
beginning of year $87,200 · end of year $87,200
-
27 · Net assets without donor restrictions
beginning of year $1,402,519 · end of year $943,522
Mission and programs · 2023
Mission
Teravana Trust recognizes our wholeness, our interdependence with all beings, and our connection with the Earth that unites us all. We look at the whole system, intentionally designing programs that seek to restore the web of relationships - to self, each other and the planet - that form the roots of a thriving planet. We look at the whole system, intentionally designing programs that work towards community resilience - helping communities build the capacity to meet their own needs. Working in solidarity with local leaders, we weave stronger relationships to self, to each other, and to the planet that revive our sense of connection and hope, ensuring everyone has what they need to thrive.
-
Guatemala Program: Working in 8 towns along the northern shore of Lake Atitlan, we empower Kaqchikel Maya locals to protect their natural resources through community based environmental initiatives. One of the key initiatives is partnering with local farmers and municipalities to plant trees in the mountains as well as fresh water springs in the towns that we work with. This project is designed to give local people long term access to natural resources like fresh water and firewood for cooking. We also distribute fruit trees to help local farmers be able to see their crops to gain an income for their families. Our approach to reforestation is unique because it blends traditional indigenous knowledge of tree planting and ecology with ARCGIS technology which allows us to monitor each reforestation site with satellite imagery. Wellkind helped start two artisan cooperatives, one focused on making crochet products and the other working with beaded jewelry helping women get better prices for their products. We connected artisans to the fair trade market through our connections with buyers and in turn have supported over 100 women in this endeavor. Alongside the artisan cooperative we also partnered with PMA (World Food Programme) to start a savings cooperative that has helped local artisans save more of the money that they make through the artisan work. Our Ecologically focused Programs advance reforestation, water conservation, and organic food production, all of which protect the natural resources of Lake Atitlan while enhancing food security. Description of program and achievements (what you want to tell the world about this program): So far our organization has: - Planted over 85,000 native fruit and wood trees together with local farmers which sequester more than 644 tons of CO2 each year - the equivalent of taking 139 cars off the road! -We have given environmental awareness talks to over 360 local people -Our team has given tree planting trainings to over 500 local farmers and families that have received trees as donations. -We have benefitted over 5000 indigenous people. -Created a native tree nursery in Tzununa that has produced over 10,000 trees to be planted in the adjacent communities. -Our team has reforested 7 freshwater springs in 4 different towns of Lake Atitlan. -We have created a pilot project to clean sewage water through biological remediation in the town of Tzununa. -We have trained our entire team in permaculture design and have invested in the professional development of each team member. -We have helped start two artisan cooperatives with over 100 members -Helped start two savings cooperatives with women from the artisan groups with over 40 members. Our biggest asset as an organization is our local team of young professionals that are dedicated to the sustainable development of the communities that they are from. The heart and soul of Wellkind is our team. They drive the programming of the organization and they have deep ties to the places that we are working in.
Expenses $518,513 · Grants $107,037
-
Forestry Program: Teravana is reforesting and restoring historically logged coastal forest in Cazadero, CA, and evolving into an environmental model and educational resource for Northern California. Teravana works with the community and is committed to sustainability, biodiversity, and land stewardship. "What you want to tell the world about this program" Teravana offers educational programs and workshops for diverse student bodies and community constituents to engage in a dynamic living system of diverse microclimates on a 730-acre forest sanctuary. During a time when many youth would rather stay inside than outside and face growing food insecurity, the program offers outside experiences and supports schools and local communities.
Expenses $382,258 · Grants $10,000
As filed on the 2023 return.
Listed in Part VII
-
Suvas Vajracharya
Trustee
- Total calculated
- $0
- Hours/week
- 15
-
Julie Groulx
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Eric Hall
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Catriona MacGregor Glazebrook
Exec Director Teravana Trust
- Total calculated
- $0
- Hours/week
- 40
-
Catriona MacGregor Glazebrook
Exec Director Wellkind LLC
- Total calculated
- $0
- Hours/week
- 0 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$10,000
Helping a non-profit transfer funds
-
$10,000
Supporting their programs
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402259349303055
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