EIN 46-2312083

Algae Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
State
Year formed
2013
Most recent tax filings
2022-12-01
Description
The Algae Foundation strives to promote the transformative power of algae to provide energy, nutrition, products, and ecological services for a sustainable future. It achieves this mission through its education alliance that enhances secondary school instruction and creates new hands-on curriculum. The foundation is located in Poland, ME.
Total revenues
$986,125
2022
Total expenses
$756,403
2022
Total assets
$809,976
2022
Num. employees
3
2022

Program areas at Algae Foundation

Algae Foundation - to promote the power of Algae to transform human society and the environment upon which it depends and to facilitate a future in which Algae are a fundamental source of energy, nutrition, products, and ecological services for sustainable societies globally.
The Algae academy - to utilize Algae as a tool to effectively meet the four disciplines of stem in an interdisciplinary and applied approach by showcasing various aspects of Algae technology and real-world examples of how Algae create a more sustainable planet.
The Algae technology educational consortium (atec) - to develop novel educational programs to strengthen industry workforce capabilities, by focusing on the skills needed to support the commercialization of algal products.
Summer Algae science institute - to provide a hands-on professional development training that introduces educators to the Algae Foundation's k-12 Algae academy curriculum.
Algae in agriculture education alliance - to enhance the quality of secondary school instruction to help meet the current and future national food and agricultural science workplace needs through the creation and implementation of new, hands-on curriculum that approaches traditional agricultural topics using Algae as the vehicle for innovation.
Student travel grants

Who funds Algae Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Houston Community FoundationEnvironmental$15,000

Personnel at Algae Foundation

NameTitleCompensation
Ira LevineChief Executive Officer$162,000
Tiffany CannisVice President and Vice Chair$0
Ike LevinePresident and Board Chair$0
Thomas ByrnePast Treasurer$0
Matt CarrDirector$0

Financials for Algae Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$983,531
Program services$0
Investment income and dividends$2,594
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$986,125

Form 990s for Algae Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-10-27990View PDF
2020-122021-05-24990View PDF
2019-122020-09-22990View PDF
2018-122019-06-19990View PDF
...and 2 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Greater Houston Community Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsDisease research fundraisersEnvironmental organizationsCharities
Issues
EducationEnvironment
Characteristics
Conducts researchReceives government fundingTax deductible donationsAccepts online donations
General information
Address
111 Tripp Lake Camp Rd
Poland, ME 04274
Metro area
Lewiston-Auburn, ME
County
Androscoggin County, ME
Website URL
thealgaefoundation.org/ 
Phone
(619) 231-1977
IRS details
EIN
46-2312083
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C60: Environmental Education
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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