Civic Intelligence

Terramar Project Inc

EIN 45-5091884 • 501(c)3 • Woburn, MA

Profile

To create a global ocean community to give a voice to the least protected, most ignored part of our planet - the high seas.

C/O Dgc 150 Presidential Way No 510Woburn, MA 01801

www.theterramarproject.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

54.82x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

22.50x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

37th percentile

-4.8%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

99th percentile

3754%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

4185%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$10,252

Up $9,986 (+3754%) from 2017

Liabilities

Up

$561,991

Up $11,179 (+2.0%) from 2017

Net Assets

Down

-$551,739

Down $1,193 (-0.2%) from 2017

Operations
Liabilities / Revenue99th percentileNet Margin37th percentile

Revenue

Up

$24,979

Up $24,396 (+4185%) from 2017

Expenses

Up

$26,172

Up $7,710 (+42%) from 2017

Net Income

Up

-$1,193

Up $16,686 (+93%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2012: $98,608Liabilities 2012: $195,152Net Assets 2012: -$96,5442012Assets 2013: $21,564Liabilities 2013: $283,429Net Assets 2013: -$261,8652013Assets 2014: $41,789Liabilities 2014: $327,429Net Assets 2014: -$285,6402014Assets 2015: $1,223Liabilities 2015: $540,697Net Assets 2015: -$539,4742015Assets 2016: $17,019Liabilities 2016: $549,686Net Assets 2016: -$532,6672016Assets 2017: $266Liabilities 2017: $550,812Net Assets 2017: -$550,5462017Assets 2018: $10,252Liabilities 2018: $561,991Net Assets 2018: -$551,7392018

Highlighted filing

2018

Assets$10,252
Liabilities$561,991
Net Assets-$551,739
Open 2018 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2012: $127,379Expenses 2012: $223,923Net Income 2012: -$96,5442012Revenue 2013: $24,567Expenses 2013: $189,888Net Income 2013: -$165,3212013Revenue 2014: $132,572Expenses 2014: $156,347Net Income 2014: -$23,7752014Revenue 2015: $6,974Expenses 2015: $211,688Net Income 2015: -$204,7142015Revenue 2016: $31,900Expenses 2016: $25,093Net Income 2016: $6,8072016Revenue 2017: $583Expenses 2017: $18,462Net Income 2017: -$17,8792017Revenue 2018: $24,979Expenses 2018: $26,172Net Income 2018: -$1,1932018

Highlighted filing

2018

Revenue$24,979
Expenses$26,172
Net Income-$1,193
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,252
Liabilities
$561,991
Net assets
-$551,739
Revenue
$24,979
Expenses
$26,172
Net income
-$1,193
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.10$5.62$5.52$0.25$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.00$5.51$5.51$0.01$0.18$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.17$5.50$5.33$0.32$0.25$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.01$5.41$5.39$0.07$2.12$2.05
2014Detailed filing. Detailed filing data is available for this year.$0.42$3.27$2.86$1.33$1.56$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.22$2.83$2.62$0.25$1.90$1.65
2012Summary only. Only limited summary data is available for this year.$0.99$1.95$0.97$1.27$2.24$0.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$24,979
Mission and Program Overview

Mission

To create a global ocean community to give a voice to the least protected, most ignored part of our planet - the high seas.

Program Services

DescriptionGrantsExpenses
TO CREATE THE WORLD'S LARGEST PROTECTORATE OF THE HIGH SEAS. TO PROVIDE TOOLS TO EMPOWER OUR GLOBAL COMMUNITY TO ACT, GET EDUCATED, GET THE LATEST NEWS AND SOCIALLY ENGAGE WITH ONE ANOTHER.$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GHISLAINE MAXWELLPresidentPT$0--
CHRISTINE MALINA-MAXWELLTreasurer-$0--
STEVEN HAFTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Terramar Project Inc
EIN
45-5091884
Phone
2125356833
Address
C/O DGC 150 PRESIDENTIAL WAY NO 510, WOBURN, MA 01801

Signing Officer

Name
Ghislaine Maxwell
Title
President
Phone
2125356833
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Dicicco Gulman & Company Llp
Address
150 PRESIDENTIAL WAY SUITE 510, WOBURN, MA 01801
Preparer
Laura K Barooshian
Phone
7819375300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 19.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: website development. Amount: 9,380. Description: bank service fees. Amount: 270. Description: advertising expenses. Amount: 11,157. Total to form 990-ez, line 16: 20,807.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to officer. Beg. Of year amount: 549,093. End of year amount: 560,650. Description: ubs visa signature. Beg. Of year amount: 1,719. End of year amount: 1,341.”

Raw XML Appendix156 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum07819375300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O DGC 150 PRESIDENTIAL WAY STE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0510
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WOBURN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001801
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0266
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010252
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-1193
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05365
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0266
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010252
IRS990EZ/GrossReceiptsAmt024979
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LoansToFromOfficersAmt0560650
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-550546
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-551739
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-550546
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-551739
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GHISLAINE MAXWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTINE MALINA-MAXWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVEN HAFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020807
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO CREATE A GLOBAL OCEAN COMMUNITY TO GIVE A VOICE TO THE LEAST PROTECTED, MOST IGNORED PART OF OUR PLANET - THE HIGH SEAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO CREATE THE WORLD'S LARGEST PROTECTORATE OF THE HIGH SEAS. TO PROVIDE TOOLS TO EMPOWER OUR GLOBAL COMMUNITY TO ACT, GET EDUCATED, GET THE LATEST NEWS AND SOCIALLY ENGAGE WITH ONE ANOTHER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0550812
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0561991
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt026172
IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THETERRAMARPROJECT.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0132568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0196979
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.93830
IRS990ScheduleA/PublicSupportTotal170Amt0196979
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt024960
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt031897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0132568
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0196979
IRS990ScheduleA/TotalSupportAmt0196979
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0560650
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0283429
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GHISLAINE MAXWELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0560650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: WEBSITE DEVELOPMENT. AMOUNT: 9,380. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 270. DESCRIPTION: ADVERTISING EXPENSES. AMOUNT: 11,157. TOTAL TO FORM 990-EZ, LINE 16: 20,807.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 549,093. END OF YEAR AMOUNT: 560,650. DESCRIPTION: UBS VISA SIGNATURE. BEG. OF YEAR AMOUNT: 1,719. END OF YEAR AMOUNT: 1,341.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PhoneNum02125356833
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRAMAR PROJECT INC
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:47:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043296226
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 PRESIDENTIAL WAY SUITE 510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07819375300
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA K BAROOSHIAN
ReturnHeader/ReturnTs02019-05-15T16:18:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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