TERRA COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

TERRA COLLEGE FOUNDATION

EIN 34-1650500

What they do

THE TERRA COLLEGE FOUNDATION is ORGANIZED and OPERATED EXCLUSIVELY for EDUCATIONAL, CHARITABLE, or SCIENTIFIC PURPOSES BY CONDUCTING and SUPPORTING ACTIVITIES WHICH BENEFIT or CARRY OUT THE EDUCATIONAL PROGRAMS and SERVICES of TERRA COMMUNITY COLLEGE, INCLUDING, BUT NOT LIMITED to THE FOLLOWING: to RENDER FINANCIAL ASSISTANCE to THE EDUCATIONAL PROGRAMS, SERVICE and FACILITIES of TERRRA STATE COMMUNITY COLLEGE, A STATE INSTITUTION of HIGHER LEARNING, AUTHORIZED and EXISTING UNDER CHAPTER 3358 of THE STATE of OHIO. THE FOUNDATION RAISES and ADMINISTERS FUNDS to SUPPORT STUDENT SCHOLARSHIPS and to PURCHASE INSTRUCTIONAL LABORATORY EQUIPMENT for THE LEARNING LABS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

111.27%of revenue went to mission work71.7% of expenses · Program services

7.84%of revenue went to fundraising5.0% of expenses

$155.24spent for every $100 of revenueSpending was higher than revenue this year.

36.13%of revenue went to management and office costs23.3% of expenses

$7.77in assets for every $1 spent this yearSome assets cannot be spent right away.

50.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $337,655 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$611,257

Mission workProgram services$680,170111.27% of revenue71.7% of expenses

ManagementOffice and general costs$220,84236.13% of revenue23.3% of expenses

FundraisingAsking for donations$47,9007.84% of revenue5.0% of expenses

Total expenses$948,912155.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.7% mission · 23.3% management · 5.0% fundraisingTotal expenses: 155.24% of revenue

2023Expense mix: 66.1% mission · 29.9% management · 4.0% fundraisingTotal expenses: 132.91% of revenue

2022Expense mix: 54.5% mission · 38.8% management · 6.8% fundraisingTotal expenses: 65.14% of revenue

2021Expense mix: 25.5% mission · 54.6% management · 19.9% fundraisingTotal expenses: 157.78% of revenue

2020Expense mix: 17.3% mission · 56.2% management · 26.4% fundraisingTotal expenses: 27.75% of revenue

2019Expense mix: 44.4% mission · 42.5% management · 13.1% fundraisingTotal expenses: 222.28% of revenue

2018Expense mix: 67.7% mission · 24.7% management · 7.6% fundraisingTotal expenses: 78.06% of revenue

2017Expense mix: 54.7% mission · 30.3% management · 15.0% fundraisingTotal expenses: 113.81% of revenue

Money in and money out

Revenue$611,257

Expenses$948,912

Annual shortfall $337,655 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$680,170 · 71.7% of expenses

Management and office costs$220,842 · 23.3% of expenses

Fundraising$47,900 · 5.0% of expenses

See all reported dollar amounts

Revenue$611,257

Expenses$948,912

Assets$7,372,998

Income$1,155,632

Contributions$306,763

Mission work (program services)$680,170

Fundraising$47,900

Grants given$1,601,546

Average grant$266,924

Management and general$220,842

Stocks and bonds$6,979,934

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (17)

R JEFF JEORGVICE CHAIR

WILLIAM TEATREASURER

WESTON REINBOLTBOARD MEMBER

TRACY TROXELBOARD MEMBER

TONY CAMILLERIBOARD MEMBER

THOMAS H HOFFMANCHAIRMAN

THOMAS KERNBOARD MEMBER

RUSS ZIMMERMANBOARD MEMBER

RONALD SCHUMACHERBOARD MEMBER

ANDREW MORGANBOARD MEMBER

PATTY COLEBOARD MEMBER

NANCICAROL WOLESLAGELBOARD MEMBER

MIRCEA HANDRUBOARD MEMBER

JOHN R BALLBOARD MEMBER

JAMES RUMBARGERBOARD MEMBER

JAMES LAHOSKIBOARD MEMBER

D ANNE ZIMMERMANSECRETARY

About this charity

Recognized since: January 1990
Location: 2830 NAPOLEON RD, FREMONT, OH 43420
County: Sandusky
In care of: WILLIAM TEA
Primary officer: WILLIAM TEA, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(419) 559-2261

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PLATTENBURG & ASSOCIATES INC
Grant-giving organization: Yes