Civic Intelligence

Teralta Art

990EZ • Fiscal year 2023 • EIN 86-2003207

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

4105 El Cajon BlvdSan Diego, CA 92105

(619) 335-5237

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

50th percentile

3.1%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$53,063

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

41st percentile

-3.5%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

7.9%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$47,378

Down $1,731 (-3.5%) from 2022

Net Assets

Up

$47,039

Up $3,585 (+8.3%) from 2022

Liabilities

Down

$339

Down $5,316 (-94%) from 2022

Revenue

Up

$116,427

Up $8,485 (+7.9%) from 2022

Expenses

Up

$112,842

Up $30,005 (+36%) from 2022

Net Income

Down

$3,585

Down $21,520 (-86%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2022: $49,109Liabilities 2022: $5,655Net Assets 2022: $43,4542022Assets 2023: $47,378Liabilities 2023: $339Net Assets 2023: $47,0392023Assets 2024: $59,008Liabilities 2024: $0Net Assets 2024: $59,0082024

Highlighted filing

2023

Assets$47,378
Liabilities$339
Net Assets$47,039

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2022: $107,942Expenses 2022: $82,837Net Income 2022: $25,1052022Revenue 2023: $116,427Expenses 2023: $112,842Net Income 2023: $3,5852023Revenue 2024: $142,011Expenses 2024: $130,043Net Income 2024: $11,9682024

Highlighted filing

2023

Revenue$116,427
Expenses$112,842
Net Income$3,585
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$116,427
Mission and Program Overview

Mission

Provide access to arts through arts education, courses, and studio time.

Program Services

DescriptionGrantsExpenses
TERALTA PROVIDES A NUMBER OF OPPORTUNITIES FOR THE COMMUNITY TO EXPERIENCE CERAMICS REGARDLESS OF SKILL LEVEL. OPEN CLAY STUDIO IS OPEN FOR EVERYONE TO PLAY ON THE CLAY TABLE FREE OF CHARGE. THEY OFFER CERAMICS CLASSES FOR CHILDREN AND ADULTS. STUDIO TIME CAN BE BOOKED FOR PEOPLE WHO ARE PROFICIENT AT ALL ASPECTS OF CERAMICS AND REQUIRE ZERO SUPERVISION. TERALTA ALSO OFFERS MONTHLY WORKSHOPS THAT ARE OPEN TO ALL SKILL LEVELS. SCHOLARSHIPS ARE PROVIDED FOR LOW INCOME FAMILIES AND CHILDREN WHO CAN MOST BENEFIT FROM CREATING ART.$0$74,945
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAGGIE SHENExecutive DirectorFT$53,063-$53,063
TINA KLOTZPresident (As Of 7/1/23)-$0--
YA-YUNG CHENGTreasurer-$0--
MICHAEL GALLASPYSecretary-$0--
AMANDA GARDNERPresident (Until 6/30/23)-$0--
Filing and Contact Details

Filer

Filer Name
Teralta Art
EIN
86-2003207
Phone
6193355237
Address
4105 EL CAJON BLVD, SAN DIEGO, CA 92105

Signing Officer

Name
Maggie Shen
Title
Executive Director
Phone
6193355237
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Evergreen Alliance Professional Corp
Address
4332 CERRITOS AVE SUITE A105, LOS ALAMITOS, CA 90720
Phone
7143728110
Supplemental Narrative

Additional Explanations

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

Description: miscellaneous. Amount: 300.

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

Description: bank and merchant fees. Amount: 3,445. Description: insurance. Amount: 1,262. Description: website. Amount: 660. Description: software & subscriptions. Amount: 312. Description: office expenses. Amount: 1,024. Description: payroll fees. Amount: 725. Description: supplies. Amount: 7,461. Description: depreciation. Amount: 73. Total to form 990-ez, line 16: 14,962.

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

Description: prepaid expenses. Beg. Of year amount: 930. End of year amount: 1,172. Description: accounts receivable. Beg. Of year amount: 10,000. End of year amount: 0. Description: property & equipment. Beg. Of year amount: 0. End of year amount: 2,861.

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

Description: california department of tax and fee administration payable. Beg. Of year amount: 110. End of year amount: 243. Description: payroll liabilities. Beg. Of year amount: 170. End of year amount: 96. Description: accounts payable. Beg. Of year amount: 5,375. End of year amount: 0.

Raw XML Appendix168 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum06193355237
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YA-YUNG CHENG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL GALLASPY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4AMANDA GARDNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT (AS OF 7/1/23)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT (UNTIL 6/30/23)
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010930
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04033
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014962
IRS990EZ/OtherRevenueTotalAmt0300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ACCESS TO ARTS THROUGH ARTS EDUCATION, COURSES, AND STUDIO TIME.
IRS990EZ/ProgramServiceRevenueAmt0114131
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045196
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0243088
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0288284
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0288584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS. AMOUNT: 300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK AND MERCHANT FEES. AMOUNT: 3,445. DESCRIPTION: INSURANCE. AMOUNT: 1,262. DESCRIPTION: WEBSITE. AMOUNT: 660. DESCRIPTION: SOFTWARE & SUBSCRIPTIONS. AMOUNT: 312. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,024. DESCRIPTION: PAYROLL FEES. AMOUNT: 725. DESCRIPTION: SUPPLIES. AMOUNT: 7,461. DESCRIPTION: DEPRECIATION. AMOUNT: 73. TOTAL TO FORM 990-EZ, LINE 16: 14,962.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 930. END OF YEAR AMOUNT: 1,172. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 0. DESCRIPTION: PROPERTY & EQUIPMENT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,861.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: CALIFORNIA DEPARTMENT OF TAX AND FEE ADMINISTRATION PAYABLE. BEG. OF YEAR AMOUNT: 110. END OF YEAR AMOUNT: 243. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 170. END OF YEAR AMOUNT: 96. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 5,375. END OF YEAR AMOUNT: 0.
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAGGIE SHEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06193355237
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERALTA ART
ReturnHeader/Filer/BusinessNameControlTxt0TERA
ReturnHeader/Filer/EIN0862003207
ReturnHeader/Filer/PhoneNum06193355237
ReturnHeader/Filer/USAddress/AddressLine1Txt04105 EL CAJON BLVD
ReturnHeader/Filer/USAddress/CityNm0SAN DIEGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092105
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861400078
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EVERGREEN ALLIANCE PROFESSIONAL CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04332 CERRITOS AVE SUITE A105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ALAMITOS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090720
ReturnHeader/PreparerPersonGrp/PhoneNum07143728110
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-10
ReturnHeader/ReturnTs02024-05-20T14:04:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MAGGIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHEN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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