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Nonprofit · EIN 88-2744096

TERRA SEARCH PROMISE

Tax-exempt · ARLINGTON, VA 22205

Financials

$50K$44K2023$216K$232K2024
Revenue Expenses · by fiscal year end
Financials of TERRA SEARCH PROMISE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$215,502$231,897-$16,395$40,571$69,665-$29,094
December 31, 2023990$50,000$43,754$6,246$57,142$69,840-$12,698
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$215,502
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,100
Travel
$76,433
Program services (functional)
$229,663
Management and general (functional)
$2,234

Balance sheet and other

Total assets, start of year
$57,142
Total assets, end of year
$40,571
Total liabilities, end of year
$69,665
Net assets, end of year
-$29,094
Net assets without donor restrictions
-$29,094
Gross receipts
$215,502
Employees
0
Volunteers
0
Year formed
2022
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PHILIP DERMERPRESIDENT
Trustee or director, Officer
5$0
JEFF BUCHANANVICE PRESIDENT
Trustee or director, Officer
1$0
MICHAEL GRESALFIDIRECTOR
Trustee or director
1$0
PETE DUKE DELUCADIRECTOR
Trustee or director
1$0
MICHAEL SONNY TRIMBLEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
PHILIP DERMERPRESIDENT
Trustee or director, Officer
5$0
JEFF BUCHANANVICE PRESIDENT
Trustee or director, Officer
1$0
MICHAEL GRESALFIDIRECTOR
Trustee or director
1$0
PETE DUKE DELUCADIRECTOR
Trustee or director
1$0
MICHAEL SONNY TRIMBLEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5622 4TH ST N, ARLINGTON, VA 22205-1002
Principal officer (990 for 2024)
PHILIP DERMER, 5622 4TH ST N, ARLINGTON, VA 22205
Signed the 990
PHILIP DERMER, PRESIDENT
Phone
(571) 721-9328
Return prepared by
ROSS & MONCURE INC

Mission

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR HUMANITARIAN, PARTICIPATIVE, EDUCATIONAL, WELLNESS AND SCIENTIFIC PURPOSES. THE PURPOSE OF TERRA SEARCH SHALL BE TO KEEP THE NATIONS STANDING PROMISE TO NEVER FORGET IN SPIRIT AND ACTION BY BRINGING OUR NATIONS MISSING VETERANS HOME; WHILE PROMOTING PARTICIPATION THROUGHOUT THE VETERAN COMMUNITY AND ITS SUPPORTERS. TERRA SEARCH SHALL BE A NONPROFIT CORPORATION TO PROMOTE ITS CAUSE THROUGH ACTION, NETWORKING AND PROVIDING OPPORTUNITIES OF MUTUAL BENEFIT TO PARTICIPANTS AND SUPPORTERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SPECIFIC OBJECTIVES AND PURPOSE OF THIS ORGANIZATION SHALL BE:(A) TO RECOVER AND BRING THE NATIONS MISSING VETERANS HOME; (B) TO OPEN THE OPPORTUNITY TO THE VETERAN COMMUNITY, THEIR FAMILIES AND SUPPORTERS AT LARGE TO PARTICIPATE IN ANY MANNER THEY SHALL CHOOSE; (C) TO DEVELOP A PROFESSIONAL FULL-TIME RECOVERY ORGANIZATION TO INCLUDE ANALYSIS, TRAINING, RESEARCH, RECOVERY AND REPATRIATION;(D) TO PROVIDE OPPORTUNITIES TO SPONSOR, HOST AND/OR PARTICIPATE IN EVENTS AND ACTIVITIES THAT PROMOTE THE SUCCESSFUL RECOVERY AND REPATRIATION OF OUR NATIONS MISSING VETERANS; (E) TO SUPPORT THE IMPROVEMENT OF VETERAN WELLNESS, POST-TRAUMATIC BEHAVIORAL HEALTH AND SUICIDE PREVENTION.
    Expenses $229,663

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-2744096
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,571
Income (IRS master file)
$215,502

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$215,502$231,897$40,571XML
990December 2023$50,000$43,754$57,142XML
990December 2022$50,872$69,816$50,872IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2744096).

Questions about TERRA SEARCH PROMISE

What is the EIN of TERRA SEARCH PROMISE?
The employer identification number (EIN) of TERRA SEARCH PROMISE is 88-2744096.
Is TERRA SEARCH PROMISE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to TERRA SEARCH PROMISE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TERRA SEARCH PROMISE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TERRA SEARCH PROMISE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TERRA SEARCH PROMISE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TERRA SEARCH PROMISE?
The 990 for the year ended December 31, 2024 names PHILIP DERMER.
Who are the officers and directors of TERRA SEARCH PROMISE?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does TERRA SEARCH PROMISE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $215,502, expenses of $231,897 and total assets of $40,571 at year end.

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