Civic Intelligence

The Althea Foundation

EIN 20-0371450 • 501(c)3 • San Francisco, CA

Profile

Since 2003, the althea foundation has used a venture model to provide financial and nonfinancial support to people, ideas and initiatives that demonstrate ingenuity, social impact and social entrepreneurship. We address social challenges that have been underfunded, such as gender equity in entrepreneurship and stem, rare disease, mental health treatment and education. We partner with investors, entrepreneurs and philanthropists who use technology to scale and enhance social impact. Our work is focused in the us and the uk.

3701 Sacramento Street 436San Francisco, CA 94118-1705

thealtheafoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

10th percentile

-72%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$0

Down $3,971 (-100%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Revenue

Down

$5,984

Down $15,727 (-72%) from 2024

Expenses

Down

$8,006

Down $11,735 (-59%) from 2024

Net Income

Down

-$2,022

Down $3,992 (-203%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $20,266Liabilities 2011: $5582011Assets 2012: $18,944Liabilities 2012: $11,4392012Assets 2013: $182,972Liabilities 2013: $02013Assets 2014: $10,395Liabilities 2014: $02014Assets 2015: $116,753Liabilities 2015: $128,0092015Assets 2016: $733,569Liabilities 2016: $75,9152016Assets 2019: $20,503Liabilities 2019: $7,7842019Assets 2020: $51,158Liabilities 2020: $3,064Net Assets 2020: $48,0942020Assets 2021: $25,529Liabilities 2021: $1,923Net Assets 2021: $23,6062021Assets 2022: $4,577Liabilities 2022: $1,642Net Assets 2022: $2,9352022Assets 2023: $4,045Liabilities 2023: $3,993Net Assets 2023: $522023Assets 2024: $3,971Liabilities 2024: $1,9492024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $150,300Expenses 2011: $144,700Net Income 2011: $5,6002011Revenue 2012: $75,492Expenses 2012: $87,695Net Income 2012: -$12,2032012Revenue 2013: $291,667Expenses 2013: $127,638Net Income 2013: $164,0292013Revenue 2014: $20,002Expenses 2014: $192,579Net Income 2014: -$172,5772014Revenue 2015: $665,759Expenses 2015: $686,671Net Income 2015: -$20,9122015Revenue 2016: $907,651Expenses 2016: $238,741Net Income 2016: $668,9102016Revenue 2019: $443,582Expenses 2019: $441,403Net Income 2019: $2,1792019Revenue 2020: $446,026Expenses 2020: $423,514Net Income 2020: $22,5122020Revenue 2021: $44,421Expenses 2021: $69,144Net Income 2021: -$24,7232021Revenue 2022: $61,510Expenses 2022: $69,083Net Income 2022: -$7,5732022Revenue 2023: $64,627Expenses 2023: $54,850Net Income 2023: $9,7772023Revenue 2024: $21,711Expenses 2024: $19,741Net Income 2024: $1,9702024Revenue 2025: $5,984Expenses 2025: $8,006Net Income 2025: -$2,0222025

Highlighted filing

2025

Revenue$5,984
Expenses$8,006
Net Income-$2,022

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.06$0.08$0.02
2024Summary only. Only limited summary data is available for this year.$0.04$0.02$0.22$0.20$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00$0.65$0.55$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$0.62$0.69$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.02$0.24$0.44$0.69$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.03$0.48$4.46$4.24$0.23
2019Summary only. Only limited summary data is available for this year.$0.21$0.08$4.44$4.41$0.02
2016Summary only. Only limited summary data is available for this year.$7.34$0.76$9.08$2.39$6.69
2015Summary only. Only limited summary data is available for this year.$1.17$1.28$6.66$6.87$0.21
2014Summary only. Only limited summary data is available for this year.$0.10$0.00$0.20$1.93$1.73
2013Summary only. Only limited summary data is available for this year.$1.83$0.00$2.92$1.28$1.64
2012Summary only. Only limited summary data is available for this year.$0.19$0.11$0.75$0.88$0.12
2011Summary only. Only limited summary data is available for this year.$0.20$0.01$1.50$1.45$0.06
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$64,627
Mission and Program Overview

Mission

Since 2003, the althea foundation has used a venture model to provide financial and nonfinancial support to people, ideas and initiatives that demonstrate ingenuity, social impact and social entrepreneurship. We address social challenges that have been underfunded, such as gender equity in entrepreneurship and stem, rare disease, mental health treatment and education. We partner with investors, entrepreneurs and philanthropists who use technology to scale and enhance social impact. Our work is focused in the us & uk.

Since 2003, the althea foundation has used a venture model to provide financial and nonfinancial support to people, ideas and initiatives that demonstrate ingenuity, social impact and social entrepreneurship. We address social challenges that have been underfunded, such as gender equity in entrepreneurship and stem, rare disease, mental health treatment and education. We partner with investors, entrepreneurs and philanthropists who use technology to scale and enhance social impact. Our work is focused in the us and the uk.

Program Services

DescriptionGrantsExpenses
THE ALTHEA FOUNDATION FUNDS NEW INITIATIVES AND ESTABLISHED ORGANIZATIONS IT BELIEVES COULD BENEFIT FROM ADDITIONAL FINANCIAL HELP TO ENSURE CONTINUED SUCCESS AND IMPACT. THE ALTHEA FOUNDATION SERVES NOT ONLY AS PROVIDER OF CAPITAL BUT ALSO A VALUED BUSINESS PARTNER.$35,376$54,850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEXSIS DE RAADT ST JAMESPresident/Fo-$0--
NICK SHORESecretary-$0--
PAUL BOLLANDCFO-$0--
MARK HOFFMANBoard Member-$0--
ED FULLERBoard Member-$0--
SUSAN AMBLEBoard Member-$0--
MARK LEISHMANBoard Member-$0--
PRIYA GUHABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Althea Foundation
EIN
20-0371450
Phone
4155639705
Address
3701 SACRAMENTO STREET 436, SAN FRANCISCO, CA 94118-1705

Signing Officer

Name
Alexsis De Raadt St James
Title
President/founder
Phone
4155639705
Signed
2023-11-08

Preparer

Firm
Jannisse & Hull Cpas
Address
7599 REDWOOD BLVD SUITE 210, NOVATO, CA 94945
Preparer
Tamara S Hull
Phone
4158985300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: imperial college cash contribution: 33,878

Form 990-ez, Part I, Line 16

Expenses supplies 25 outside computer services 2,979 4,275 bank service charges 227 taxes & filing fees 75 program expenses 44 total 7,625

Form 990-ez, Part I, Line 20

Prior year depreciation adjs -12,659

Form 990-ez, Part II, Line 24

45,893 45,893 less accumulated depreciation 43,343 43,343 deposits 250 250 art 1,239 1,239 total 4,039 4,039

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,643 3,993

Form 990-ez, Part III

Since 2003, the althea foundation has used a venture model to provide financial and nonfinancial support to people, ideas and initiatives that demonstrate ingenuity, social impact and social entrepreneurship. We address social challenges that have been underfunded, such as gender equity in entrepreneurship and stem, rare disease, mental health treatment and education. We partner with investors, entrepreneurs and philanthropists who use technology to scale and enhance social impact. Our work is focused in the us and the uk.

Form 990-ez, Part III, Line 28

The althea foundation funds new initiatives and established organizations it believes could benefit from additional financial help to ensure continued success and impact. The althea foundation serves not only as provider of capital but also a valued business partner.

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
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IRS990EZ/OtherChangesInNetAssetsAmt0-12659
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IRS990EZ/PrimaryExemptPurposeTxt0SINCE 2003, THE ALTHEA FOUNDATION HAS USED A VENTURE MODEL TO PROVIDE FINANCIAL AND NONFINANCIAL SUPPORT TO PEOPLE, IDEAS AND INITIATIVES THAT DEMONSTRATE INGENUITY, SOCIAL IMPACT AND SOCIAL ENTREPRENEURSHIP. WE ADDRESS SOCIAL CHALLENGES THAT HAVE BEEN UNDERFUNDED, SUCH AS GENDER EQUITY IN ENTREPRENEURSHIP AND STEM, RARE DISEASE, MENTAL HEALTH TREATMENT AND EDUCATION. WE PARTNER WITH INVESTORS, ENTREPRENEURS AND PHILANTHROPISTS WHO USE TECHNOLOGY TO SCALE AND ENHANCE SOCIAL IMPACT. OUR WORK IS FOCUSED IN THE US AND THE UK.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ALTHEA FOUNDATION MAINTAINS CONTINUOUS SOLICITATION OF FUNDS EACH YEAR. THE ALTHEA FOUNDATION HAS ACHIEVED THE 10% PUBLIC SUPPORT REQUIREMENT FOR THIS YEAR. THE BOARD IS COMPRISED OF INDIVIDUALS WITH DIVERSE BACKGROUNDS AND AREAS OF EXPERTISE INCLUDING ENTREPRENEURSHIP, FINANCE, INTERNATIONAL BUSINESS, TECHNOLOGY, VENTURE CAPITAL AND CORPORATE LEADERSHIP. THE ORGANIZATION OPERATES SO AS TO ATTRACT NEW OR ADDITIONAL PUBLIC OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS, AND HAS A DIVERSE AND EXTENSIVE LIST OF PUBLIC DONORS. THE ORGANIZATION HAS A ROBUST FUNDRAISING PROGRAM THAT CONSISTENTLY DRAWS SUPPORT FROM DONORS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: IMPERIAL COLLEGE CASH CONTRIBUTION: 33,878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 25 OUTSIDE COMPUTER SERVICES 2,979 4,275 BANK SERVICE CHARGES 227 TAXES & FILING FEES 75 PROGRAM EXPENSES 44 TOTAL 7,625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR YEAR DEPRECIATION ADJS -12,659
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt345,893 45,893 LESS ACCUMULATED DEPRECIATION 43,343 43,343 DEPOSITS 250 250 ART 1,239 1,239 TOTAL 4,039 4,039
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,643 3,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SINCE 2003, THE ALTHEA FOUNDATION HAS USED A VENTURE MODEL TO PROVIDE FINANCIAL AND NONFINANCIAL SUPPORT TO PEOPLE, IDEAS AND INITIATIVES THAT DEMONSTRATE INGENUITY, SOCIAL IMPACT AND SOCIAL ENTREPRENEURSHIP. WE ADDRESS SOCIAL CHALLENGES THAT HAVE BEEN UNDERFUNDED, SUCH AS GENDER EQUITY IN ENTREPRENEURSHIP AND STEM, RARE DISEASE, MENTAL HEALTH TREATMENT AND EDUCATION. WE PARTNER WITH INVESTORS, ENTREPRENEURS AND PHILANTHROPISTS WHO USE TECHNOLOGY TO SCALE AND ENHANCE SOCIAL IMPACT. OUR WORK IS FOCUSED IN THE US AND THE UK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ALTHEA FOUNDATION FUNDS NEW INITIATIVES AND ESTABLISHED ORGANIZATIONS IT BELIEVES COULD BENEFIT FROM ADDITIONAL FINANCIAL HELP TO ENSURE CONTINUED SUCCESS AND IMPACT. THE ALTHEA FOUNDATION SERVES NOT ONLY AS PROVIDER OF CAPITAL BUT ALSO A VALUED BUSINESS PARTNER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum04155639705
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ReturnHeader/ReturnTs02023-11-13T20:47:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DE RAADT ST JAMES
ReturnHeader/TaxPeriodBeginDt02022-02-01
ReturnHeader/TaxPeriodEndDt02023-01-31
ReturnHeader/TaxYr02022

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