Terasaki Innovation Center Inc
Terasaki Innovation Center Inc is a private foundation focused on Medical Research, based in Glendale, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.8M in total assets. In 2025, it made $93K in qualifying distributions. Net investment income was $264K.
Terasaki Innovation Center Inc at a glance
- Total assets
- $5,793,758
- -1.1% vs 2024
- Revenue (2025)
- $1,018,898
- +6.9% vs 2024
- Qualifying distributions (2025)
- $93,281
- +2.1% vs 2024
- Expenses (2025)
- $1,354,302
- +3.4% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|
| 2025 | $5,793,758 | $1,018,898 | $1,354,302 | $93,281 | $264,398 |
| 2024 | $5,859,662 | $953,497 | $1,309,324 | $91,386 | $191,262 |
| 2023 | $6,086,868 | $906,490 | $1,109,375 | $427,602 | $31,432 |
| 2022 | $5,982,588 | $751,976 | $952,056 | $519,184 | $58,898 |
| 2021 | $6,320,184 | $1,253,217 | $847,960 | $67,621 | $34,809 |
| 2020 | $6,235,725 | $5,987,637 | $116,021 | — | $34 |
Leadership & Key People
Officers and directors from IRS filings
Terasaki Innovation Center Inc is led by Ricardo Ordonez, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ricardo Ordonez
President
On filings since 2020
20 hrs/week
$45K (2020) → $0 (2025)
Mark Terasaki
Chairman of the Board
On filings since 2020
0.5 hrs/week
No compensation reported
Cathi Murphey
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Mayra Lopez-Cepero
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Peter Nickerson
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Robert Bray
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Jar How Lee
Treasurer
On filings since 2021
20 hrs/week
No compensation reported
Former officers (1)
- Former: Jar-How Lee (2020) — Cso, Treasurer & Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
No officer or director reported compensation in the available filings.
Frequently asked questions about Terasaki Innovation Center Inc
How large is Terasaki Innovation Center Inc?
Terasaki Innovation Center Inc reported $5.8M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.0M.
What is Terasaki Innovation Center Inc?
Terasaki Innovation Center Inc is a private foundation focused on Medical Research, based in Glendale, CA. It holds $5.8M in total assets as of 2025.
What is Terasaki Innovation Center Inc's EIN?
Terasaki Innovation Center Inc's EIN (Employer Identification Number) is 84-4969549. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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