Terrapraxis Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854125576 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Terrapraxis Inc?

Terrapraxis Inc, located in Cambridge, Massachusetts, is a nonprofit organization with a mission to define innovative pathways for widespread decarbonization. They aim to achieve this goal by mobilizing various stakeholders, including customers, governments, industries, investors, NGOs, and regulators. With a team of just three individuals, Terrapraxis Inc operates out of an office at 160 Alewife Brook Parkway Unit 1261. Their activities and mission focus on finding cost-effective, speedy, and scalable solutions to reduce carbon emissions on a wide scale.


Is Terrapraxis Inc legitimate?

Terrapraxis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terrapraxis Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,506

For more financial information, click here


What is the mission statement of Terrapraxis Inc?
Who is the CEO of Terrapraxis Inc?
What is the revenue of Terrapraxis Inc?
Who are the executives of Terrapraxis Inc and what are their salaries?
Where can I find the form 990 for Terrapraxis Inc?

Mission Statement of Terrapraxis Inc

Terrapraxis Inc, a pioneering entity, is committed to achieving widespread decarbonization. Their mission is twofold: firstly, they aim to define innovative pathways that can deliver significant results in decarbonization at an affordable cost, swift pace, and extensive scale. Secondly, they strive to mobilize various stakeholders, including customers, governments, industries, investors, NGOs, and regulators, to collaborate and contribute to this mission. By leveraging the collective power of these entities, Terrapraxis Inc seeks to drive transformative change in the fight against climate change.

Impact

This information is meant to be a general summary of Terrapraxis Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Terrapraxis Inc is actively working to achieve widespread decarbonization by defining innovative pathways to achieve results at the necessary cost, speed, and scale. Through mobilizing various stakeholders including customers, governments, industry, investors, NGOs, and regulators, Terrapraxis Inc is dedicated to driving impactful change towards decarbonization. Their mission focuses on finding practical solutions to address the urgent need for reducing carbon emissions on a broad scale.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $110,000
  • Gross Receipts: $2,556,739

    • Assets and Liabilities:
  • Total Assets: $2,184,997
  • Total Liabilities: $799,173
  • Net Assets: $1,385,824
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONSULTING

    Revenue

    $110,000

    Organization Details

    Founding Year

    2021

    Principal Officer

    Eric Ingersoll

    Main Address

    160 ALEWIFE BROOK PKWY UNIT 1261, CAMBRIDGE, MA, 02138

    NTEE Category

    Code: W05 - Public benefit

    If you are a representative of Terrapraxis Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.