Civic Intelligence

Terramar Project Inc

990EZ • Fiscal year 2014 • EIN 45-5091884

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

116 E 65th StreetNew York, NY 10065

(212) 535-6833

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

7.84x

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

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

Liabilities / Revenue

98th percentile

2.47x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

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

Asset Growth

90th percentile

94%

Faster asset growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

440%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$41,789

Up $20,225 (+94%) from 2013

Net Assets

Down

-$285,640

Down $23,775 (-9.1%) from 2013

Liabilities

Up

$327,429

Up $44,000 (+16%) from 2013

Revenue

Up

$132,572

Up $108,005 (+440%) from 2013

Expenses

Down

$156,347

Down $33,541 (-18%) from 2013

Net Income

Up

-$23,775

Up $141,546 (+86%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2014

Assets$41,789
Liabilities$327,429
Net Assets-$285,640

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$132,572
Expenses$156,347
Net Income-$23,775
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$132,572
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$612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GHISLAINE MAXWELLPresidentFT$0--
ARIADNE CALVO-PLATEROSecretary-$0--
STEVEN HAFTDirector-$0--
AMIR DOSSALDirector-$0--
Filing and Contact Details

Filer

Filer Name
Terramar Project Inc
EIN
45-5091884
Phone
2125356833
Address
116 E 65TH STREET, NEW YORK, NY 10065

Signing Officer

Name
Ghislaine Maxwell
Title
President
Phone
2125356833
Signed
2015-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Kesner Daniel
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 4.

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

Description: legal fees. Amount: 30,938. Description: accounting fees. Amount: 23,004. Description: fundraising fees. Amount: 612. Description: office expenses. Amount: 172. Description: travel. Amount: 7,697. Description: website development. Amount: 28,988. Description: telephone. Amount: 3,498. Description: filing fees. Amount: 3,478. Description: post office box rental. Amount: 601. Description: meals. Amount: 1,665. Description: miscellaneous. Amount: 34. Description: memberships and dues. Amount: 595. Total to form 990-ez, line 16: 101,282.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 4,051. End of year amount: 4,016.

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

Description: due to officer. Beg. Of year amount: 283,429. End of year amount: 327,429.

Raw XML Appendix163 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02125038800
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-285640
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GHISLAINE MAXWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ARIADNE CALVO-PLATERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVEN HAFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AMIR DOSSAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04051
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04016
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0101282
IRS990EZ/OtherRevenueTotalAmt04
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/PrintingPublicationsPostageAmt0566
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/ProgramServiceExpensesAmt0612
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0127502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0284637
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0327429
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/TotalBalanceDueAmt0327429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LEGAL FEES. AMOUNT: 30,938. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 23,004. DESCRIPTION: FUNDRAISING FEES. AMOUNT: 612. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 172. DESCRIPTION: TRAVEL. AMOUNT: 7,697. DESCRIPTION: WEBSITE DEVELOPMENT. AMOUNT: 28,988. DESCRIPTION: TELEPHONE. AMOUNT: 3,498. DESCRIPTION: FILING FEES. AMOUNT: 3,478. DESCRIPTION: POST OFFICE BOX RENTAL. AMOUNT: 601. DESCRIPTION: MEALS. AMOUNT: 1,665. DESCRIPTION: MISCELLANEOUS. AMOUNT: 34. DESCRIPTION: MEMBERSHIPS AND DUES. AMOUNT: 595. TOTAL TO FORM 990-EZ, LINE 16: 101,282.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 4,051. END OF YEAR AMOUNT: 4,016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 283,429. END OF YEAR AMOUNT: 327,429.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GHISLAINE MAXWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02125356833
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRAMAR PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0455091884
ReturnHeader/Filer/PhoneNum02125356833
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 E 65TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010065
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113518842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARKS PANETH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0685 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02125038800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KESNER DANIEL
ReturnHeader/ReturnTs02015-11-13T19:26:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings