Overview
What is Terc Inc?
Terc Inc is a Cambridge, Massachusetts-based nonprofit organization comprised of innovative STEM experts dedicated to fostering great futures through math and science. With over 50 years of experience, Terc takes a learner-centered approach to education, focusing on research, content and curriculum development, technology innovation, professional development, and program evaluation. Their work involves advancing theories and practices to deepen understanding of learning and teaching, enhancing instruction through teacher professional development, and creating applications for new technologies in education. Terc's mission includes developing curricula, other products, and supporting reform in both institutional and informal settings, enabling students to ask questions, solve problems, and expand opportunities, while teachers and facilitators utilize new tools, strategies, and resources. Terc's team consists of 92 dedicated individuals.
Official website here: www.terc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Terc Inc has achieved a high rating of 96% from Charity Navigator, reflecting strong performance in accountability and finance. This rating is significant as it indicates the organization's commitment to transparency and responsible financial management, essential traits for nonprofits seeking to build trust with donors and stakeholders.
The organization boasts a fully independent board with 100% of its members meeting independence criteria, underscoring its governance strength. Additionally, Terc Inc has demonstrated excellent financial oversight, with a robust audit committee and no reported diversion of assets. The organization allocates a substantial portion of its expenditures to programs, with program expenses constituting 74.37% of its total expenses.
While the data highlights many strengths, none are notably mentioned as limitations, suggesting Terc Inc operates efficiently and effectively within its mission. The comprehensive policies in place, including conflict of interest and whistleblower protections, further enhance its integrity and operational reliability. Overall, Terc Inc stands out as a well-managed nonprofit with a solid financial structure.
This AI summary has been generated from information found on Charity Navigator.
Is Terc Inc legitimate?
Terc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $369,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,573,091
For more financial information, click here
Official website here: www.terc.edu
What is the mission statement of Terc Inc?
Terc Inc is a nonprofit organization comprised of forward-thinking STEM experts dedicated to innovation and creative problem-solving. For over five decades, they have taken a learner-centered approach to education in both formal and informal settings. Their work spans the frontier of theory and practice, encompassing research, content and curriculum development, technology innovation, professional development, and program evaluation. Through Terc's curricula and programs, students develop the knowledge and skills to ask questions, solve problems, and expand their opportunities. The organization's professional development empowers teachers and facilitators to utilize new tools, materials, and inquiry-based strategies to enrich learners. Terc supports educational reform in various settings.
Official website here: www.terc.edu
Who is the CEO of Terc Inc?
Laurie Brennan is the President of Terc Inc.
Official website here: www.terc.edu
What is the revenue of Terc Inc?
Terc Inc's revenue in 2022 was $16,962,121.
Official website here: www.terc.edu
Who are the executives of Terc Inc and what are their salaries?
The average compensation at Terc Inc during 2022 was $75,458. There are 92 employees and 12 volunteers at Terc Inc.
Here are 22 key members and their salaries:
- Compensation: $273,711
- Related: $0
- Other: $18,225
- Compensation: $182,146
- Related: $0
- Other: $14,699
- Compensation: $156,847
- Related: $0
- Other: $36,356
- Compensation: $150,377
- Related: $0
- Other: $42,198
- Compensation: $143,163
- Related: $0
- Other: $35,462
- Compensation: $142,026
- Related: $0
- Other: $17,932
- Compensation: $49,807
- Related: $0
- Other: $27,338
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.terc.edu
Where can I find the form 990 for Terc Inc?
Terc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.terc.edu
Learn more at the official website: www.terc.edu
Mission Statement of Terc Inc
Terc Inc, a pioneering nonprofit organization, strives to advance the boundaries of learning and teaching by developing a deeper understanding of the educational process. This Cambridge-based institution is comprised of innovative and creative STEM experts dedicated to improving education in formal and informal settings. Terc Inc's mission is multifaceted, encompassing reform in both institutional and informal settings.
At Terc Inc, researchers delve into the theories and practices of education, focusing on the needs of individual learners. Their work spans the gamut from content and curriculum development, technology innovation, professional development, to program evaluation. This comprehensive approach ensures that students gain the necessary knowledge and skills to ask questions, solve problems, and expand their opportunities.
In the realm of professional development, Terc Inc empowers teachers and facilitators with new tools, materials, and inquiry-based strategies to enhance the learning experience. By utilizing Terc Inc's resources, educators can enrich their classrooms and better cater to the diverse needs of their students. This collaborative and learner-centered approach has been a cornerstone of Terc Inc's work for over 50 years.
Through Terc Inc's curricula and programs, students engage in a dynamic and inquisitive learning environment that fosters their intellectual growth. The organization's commitment to innovation and creative problem-solving has led to significant advancements in education, ultimately contributing to brighter futures for students.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Terc Inc plays a crucial role in transforming educational practices and enhancing learning experiences through innovative approaches in STEM education. By bridging the gap between theory and practice, Terc focuses on developing a deeper understanding of learning and teaching methodologies. The organization invests in teacher professional development, providing educators with the necessary tools and training to implement inquiry-based strategies and leverage new technologies in the classroom.
Through its research and curriculum development initiatives, Terc creates enriching educational products that empower students with the critical skills needed to question, solve problems, and expand their horizons in mathematics and science. Their commitment to reform in both institutional and informal settings ensures that learners receive quality education that prepares them for future opportunities. For over 50 years, Terc has championed a learner-centered approach that not only fosters academic growth but also supports teachers in their professional journeys, ultimately contributing to a more informed and innovative society.
This information is meant to be a general summary of Terc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,862,255
- Program Service Revenue: $490,612
- Gross Receipts: $21,377,496
Assets and Liabilities:
- Total Assets: $24,386,453
- Total Liabilities: $5,946,492
- Net Assets: $18,439,961
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOPS
Revenue
$251,962
EXCHANGE
Revenue
$238,650
Organization Details
Founding Year
1965
Phone
(617) 873-9600Principal Officer
Laurie Brennan
Main Address
2067 MASSACHUSETTS AVENUE, CAMBRIDGE, MA, 02140
Website
www.terc.eduNTEE Category
Code: U40B - Science research
If you are a representative of Terc 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.