Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Terramar Project Inc
990EZ • Fiscal year 2015 • EIN 45-5091884
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
442.11x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$1,223
Down $40,566 (-97%) from 2014
Net Assets
Down-$539,474
Down $253,834 (-89%) from 2014
Liabilities
Up$540,697
Up $213,268 (+65%) from 2014
Revenue And Expenses
Revenue
Down$6,974
Down $125,598 (-95%) from 2014
Expenses
Up$211,688
Up $55,341 (+35%) from 2014
Net Income
Down-$204,714
Down $180,939 (-761%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 15, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $6,974
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
| Description | Grants | Expenses |
|---|---|---|
| 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
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GHISLAINE MAXWELL | President | FT | $0 | - | - |
| ARIADNE CALVO-PLATERO | Secretary | - | $0 | - | - |
| STEVEN HAFT | Director | - | $0 | - | - |
| AMIR DOSSAL | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Terramar Project Inc
- EIN
- 45-5091884
- Phone
- 2125356833
- Address
- C/O MARKS PANETH LLP-685 3RD AVE, NEW YORK, NY 10017
Signing Officer
- Name
- Ghislaine Maxwell
- Title
- President
- Phone
- 2125356833
- Signed
- 2016-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Marks Paneth Llp
- Address
- 685 THIRD AVENUE, NEW YORK, NY 10017
- Preparer
- Joseph Giampapa
- Phone
- 2125038800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: interest income. Amount: 2.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: legal fees. Amount: 2,351. Description: accounting fees. Amount: 12,500. Description: office expenses. Amount: 81. Description: travel. Amount: 37. Description: website development. Amount: 23,048. Description: filing fees. Amount: 310. Description: meals. Amount: 96. Description: books, subscriptions, reference. Amount: 168. Description: bank service fees. Amount: 23. Description: postage, mailing service. Amount: 841. Description: miscellaneous expenses. Amount: 269. Total to form 990-ez, line 16: 39,724.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustment. Amount: -49,120.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 4,016. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to officer. Beg. Of year amount: 327,429. End of year amount: 539,092. Description: ubs visa signature. Beg. Of year amount: 0. End of year amount: 1,605.”
Raw XML Appendix161 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOSEPH GIAMPAPA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2125038800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | C/O MARKS PANETH LLP 685 THIRD |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10017 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37773 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1223 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 6972 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -204714 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 156724 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 41789 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1223 |
| IRS990EZ/GrossReceiptsAmt | 0 | 6974 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 539092 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -285640 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -539474 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -285640 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -539474 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 60.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GHISLAINE MAXWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ARIADNE CALVO-PLATERO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STEVEN HAFT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | AMIR DOSSAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4016 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -49120 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39724 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO CREATE A GLOBAL OCEAN COMMUNITY TO GIVE A VOICE TO THE LEAST PROTECTED, MOST IGNORED PART OF OUR PLANET - THE HIGH SEAS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 240 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 15000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 327429 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 540697 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 211688 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 6974 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THETERRAMARPROJECT.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 6972 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 132568 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 24567 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127502 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 291609 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 208769 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 82840 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6972 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 132568 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 24567 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127502 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 291609 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 291609 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 539092 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | GENERAL EXPENSES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 283429 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | GHISLAINE MAXWELL |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 539092 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 2. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: LEGAL FEES. AMOUNT: 2,351. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 12,500. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 81. DESCRIPTION: TRAVEL. AMOUNT: 37. DESCRIPTION: WEBSITE DEVELOPMENT. AMOUNT: 23,048. DESCRIPTION: FILING FEES. AMOUNT: 310. DESCRIPTION: MEALS. AMOUNT: 96. DESCRIPTION: BOOKS, SUBSCRIPTIONS, REFERENCE. AMOUNT: 168. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 23. DESCRIPTION: POSTAGE, MAILING SERVICE. AMOUNT: 841. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 269. TOTAL TO FORM 990-EZ, LINE 16: 39,724. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -49,120. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 4,016. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 327,429. END OF YEAR AMOUNT: 539,092. DESCRIPTION: UBS VISA SIGNATURE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,605. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GHISLAINE MAXWELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2125356833 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TERRAMAR PROJECT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TERR |
| ReturnHeader/Filer/EIN | 0 | 455091884 |
| ReturnHeader/Filer/PhoneNum | 0 | 2125356833 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | C/O MARKS PANETH LLP-685 3RD AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10017 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113518842 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARKS PANETH LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 685 THIRD AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10017 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2125038800 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSEPH GIAMPAPA |
| ReturnHeader/ReturnTs | 0 | 2016-11-15T14:18:56-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,223
- Liabilities
- $540,697
- Net assets
- -$539,474
- Revenue
- $6,974
- Expenses
- $211,688
- Net income
- -$204,714