Civic Intelligence

Algae Foundation 74668

990 • Fiscal year 2019 • EIN 46-2312083

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

628 Pfaender DriveNew Ulm, MN 56073

(858) 761-5206

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$467,872

Up $79,253 (+20%) from 2018

Net Assets

Up

$467,776

Up $79,157 (+20%) from 2018

Liabilities

Up

$96

Up $96 from 2018

Revenue

Up

$464,364

Up $43,223 (+10%) from 2018

Expenses

Up

$385,209

Up $104,700 (+37%) from 2018

Net Income

Down

$79,155

Down $61,477 (-44%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2016: $250,559Liabilities 2016: $0Net Assets 2016: $250,5592016Assets 2017: $247,987Liabilities 2017: $0Net Assets 2017: $247,9872017Assets 2018: $388,619Liabilities 2018: $0Net Assets 2018: $388,6192018Assets 2019: $467,872Liabilities 2019: $96Net Assets 2019: $467,7762019Assets 2020: $449,041Liabilities 2020: $1,191Net Assets 2020: $447,8502020Assets 2021: $532,706Liabilities 2021: $4,093Net Assets 2021: $528,6132021Assets 2022: $809,976Liabilities 2022: $71,211Net Assets 2022: $738,7652022Assets 2023: $1,489,570Liabilities 2023: $50,755Net Assets 2023: $1,438,8152023Assets 2024: $1,585,283Liabilities 2024: $64,463Net Assets 2024: $1,520,8202024

Highlighted filing

2019

Assets$467,872
Liabilities$96
Net Assets$467,776

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $318,343Expenses 2016: $87,613Net Income 2016: $230,7302016Revenue 2017: $227,250Expenses 2017: $229,822Net Income 2017: -$2,5722017Revenue 2018: $421,141Expenses 2018: $280,509Net Income 2018: $140,6322018Revenue 2019: $464,364Expenses 2019: $385,209Net Income 2019: $79,1552019Revenue 2020: $356,380Expenses 2020: $376,306Net Income 2020: -$19,9262020Revenue 2021: $558,844Expenses 2021: $478,081Net Income 2021: $80,7632021Revenue 2022: $986,125Expenses 2022: $756,403Net Income 2022: $229,7222022Revenue 2023: $1,488,145Expenses 2023: $1,023,095Net Income 2023: $465,0502023Revenue 2024: $1,201,217Expenses 2024: $1,119,212Net Income 2024: $82,0052024

Highlighted filing

2019

Revenue$464,364
Expenses$385,209
Net Income$79,155
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.0
Gross Receipts
$464,364
Mission and Program Overview

Mission

The algae foundation's mission is to promote the power of algae to transform human 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 foundation's mission is 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. To accomplish its mission, the algae foundation engages in and funds educational outreach, research, development, and other activities; finds and supports the development of future leaders of the algae industry through scholarships, grants and other financial and organizational support; and facilitates communication among private, academic and public sector leaders, and the public generally, to increase broader literacy and awareness of the benefits of algae biomass cultivation and commercialization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$388,619$467,872▲ $79,253
Rtn Earn Endowment Incm Other Fnds$388,619$467,776▲ $79,157
Total Assets$388,619$467,872▲ $79,253
Liabilities
Other Liabilities-$96-
Total Liabilities$0$96▲ $96
Net Assets / Fund Balance
Total Net Assets Fund Balance$388,619$467,776▲ $79,157
Total Liabilities and Net Assets / Fund Balance$388,619$467,872▲ $79,253
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ira LevineChairman
Tiffany CannisVice Chair
Greg MitchellDirector
Matt CarrDirector
Rebecca WhiteDirector
Jakob NalleySecretary
Thomas ByrneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Biological Services INCConsulting111 TRIPP LAKE CAMP ROAD, Poland, ME 04274$120,187
Revenue and Support

Revenue Composition

Contributions and Grants
$463,848
Program Service Revenue
$0
Investment Income
$516
Other Revenue
$0
All Other Contributions
$5,000
Change in Net Assets
$79,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$464,364
Total Revenue per Audited Statements
$464,364
Total Revenue per Form 990
$464,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$193,160--$193,160
Office Expenses$41,790--$41,790
Travel$24,996--$24,996
Fees for Services Legal$20,000--$20,000
Information Technology$12,955--$12,955
All Other Expenses$5,933--$5,933
Other Expenses$5,250--$5,250
Conferences and Meetings$2,700--$2,700
Occupancy$2,231--$2,231
Advertising$2,018--$2,018
Insurance-$1,824-$1,824
Total Functional Expenses$383,385$1,824$0$385,209

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$385,209
Total Expenses per Audited Statements$385,209
Total Expenses per Form 990$385,209
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Marissa M Martinez-nalleyChairman/presidServicesNo$120,187
-SpouseServicesNo$36,700
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$96
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The complete form 990 is prepared by the treasurer and reviewed by the chair and vice chair of the board, board of directors (for review and comment) and legal counsel.

Form 990, Page 6, Part VI, Line 12C

All board members sign a conflict of interest statement before joining the board.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of dr. Ike levine in connection with the hourly rate being paid to biological services, inc. Under the independent contractor agreement involving management of the atec program involved a review of comparability data and contemporaneous substantiation of the disinterested directors' deliberation and decision on the matter. On comparability data, the board reviewed emails from the department of energy regarding similar programs and hourly amounts paid to project managers under those programs. The hourly rate being charged by those program managers was comparable to or higher than the amount bsi received under the independent contractor agreement. Other consulting agreements within the algae industry were also reviewed, and the hourly rate that the foundation was being charged by bsi was substantially less than under the other consulting agreements. These investigations suggested that the hourly rate being changed by bsi to the foundation was at or below market rates and that the rate being charged was fair. The algae foundation's conflict of interest policy was also followed. Dr. Levine did not participate in the decision or discussion with respect to approval of the independent contractor agreement with bsi.

Form 990, Page 6, Part VI, Line 19

The articles of incorporation are publicly available from the secretary of the state of washington. The articles and by-laws are available to members on the web site and the general public upon request.

Filing and Contact Details

Filer

Filer Name
Algae Foundation
EIN
46-2312083
Address
628 PFAENDER DRIVE, NEW ULM, MN 56073

Signing Officer

Name
Thomas Byrne
Title
Treasurer
Phone
5073543816
Signed
2020-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ira Levine
Formed
2013
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Carlsonsv Llp
Address
1321 NORTH BROADWAY PO BOX 725, NEW ULM, MN 56073-0725
Preparer
Thomas a Byrne CPA
Phone
5073543816
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The algae foundation's mission is 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. To accomplish its mission, the algae foundation engages in and funds educational outreach, research, development, and other activities; finds and supports the development of future leaders of the algae industry through scholarships, grants and other financial and organizational support; and facilitates communication among private, academic and public sector leaders, and the public generally, to increase broader literacy and awareness of the benefits of algae biomass cultivation and commercialization.

Form 990, Page 2, Part III, Line 4B

Algae technology educational consortium: the first initiative of the algae foundation in stem workforce development is the establishment of the algae technology educational consortium (atec) to develop algal based education and training platforms to develop the next generation of algal professionals and an algal literate nation. The efforts include: 1. Two community college degrees in 1. Algae biology & cultivation and 2. Algae biotechnology. 2.establishment of the algae cultivation extension short- courses (aces) part 1 (seaweed) and part 2 (microalgae) 3. Algae academy grades k-12 algal-based stem education initiative 4. Online learning: introduction of algae massive open online course (algal-mooc) 5. Summer algae science institute (sasi): continued science education for teachers nationwide. The establishment of atec was launched as the result of a four year grant from the us department of energy and the national renewable energy laboratory. The grant was renewed for an additional three years (pending congressional funding). Algal production will significantly reduce greenhouse gases,provide a sustainable source of biomass for bio-based products, feed, fueland foods. This requires new large scale operations creating high qualityjobs and atec's purpose is to develop an educated workforce to fill those jobs. Through algal education students learn practical applications offarming and biotechnology to produce a sustainable resource whiledeveloping the skills for the next generation of algal-based jobs. The two degree programs were supported through the development of six in person and online courses supported by intensive, hands on, place bound,laboratory exercises. Atec through its many subcommittees are developingthe online classes, laboratory exercises, laboratory and lecture textmaterials. Atec recruited 30 national leaders in algal education,cultivation, biotechnology, commercialization, and new product development who collectively have more than 200 years of algal- based experience. The atec team members include professionals from the following organizations: algae foundation, algae biomass organization, cal-cab, university of california, san diego, national renewable energy lab, university of texas, austin, arizona state university, university of southern maine, santa fe community college, austin community college, rutgers university extension, solano community college, harmon consulting, global algae, qualitas health, dsm, cyanotech, lonestar college, university of texas, rio grande valley, southern texas college, shoreline community college, and lynn-benton community college. Our atec team members are dedicated, to all matters dealing with algal education, and have dedicated themselves to the development of community college education and algal- based aquaculture extension learning modules. The two lead organizations for the algal farming and biotechnology degrees are santa fe community college (nm) and austin community college (tx), respectively. The degree programs were initiated for the farming degree in september, 2016 and the first graduates completed their degrees in may 2018. Each graduate has either received a scholarship to attend university of new mexico or new mexico state university or have landed a great, high paying job. The biotechnology curriculum began to be offered at austin community college in september 2017 as a series of two week lecture/laboratory modules in four introductory and advanced biotechnology courses. Additionally, algae have been included as a target organism in the austin cc intro to biotechnology course. Atec has recruited national commercial leaders from algal farming and biotechnology companies to serve on the atec industrial advisory board. The advisory board is assisting with the establishment of work and skill standards to align the program to efficiently serve as a bioeconomy workforce development program. This year atec was able to recruit one of the largest algae company in th

Form 990, Page 2, Part III, Line 4C

Completed independent contractor contracts and entered into agreements with university of california, san diego, austin community college, new mexico film resources, inc, and university of texas, austin. Introduction to algae massive open online course (algal mooc) was published on february 15, 2018 and nearly 10,000 participants to date have taken the course. Published the online course algae cultivation extension short-courses part i: seaweeds and part ii microalgae. Over 1000 participants from 45 countries have taken the aces short courses. The algae academy is an initiative of the algae foundation and provides algae based stem curriculum kits to elementary, middle, and high school classes. The purpose of the initiative is to educate and excite students on the power of algae as a sustainable solution for several of the dilemmas facing our global community. The curriculum meets stem education requirements and next gen science standards. Our successes in 2019 include: distributed ~ 300 algal stem k-12 kits serving nearly 36,000 students in grades k-12 in 46 states, 1 us territory and two countries. Refined algae curriculum for middle school education. Curriculum meets stem requirements and the human impact requirement of the next gen science standards. Developed educator support tools to accompany the curriculum. Our goals for 2020 include: distribute 350 kits to schools nationwide (all 50 states) through both in- class and online resources to accommodate new distance learning requirements established due to covid-19. Develop and implement a fundraising plan to include diverse revenue streams. Increase the curriculum to better service high school students and ap classes. Ongoing and near completion: recruiting > 10 additional community colleges to adopt atec degree programs. Expanding atec each year, reflecting increased interest and participation. Acquisition and modification of existing educational curriculums, assets, labs, workbooks, manuals, and lectures conversion of educational materials to the appropriate scale and scope of our community college student by community college and university-based educators. Publishing the second algal massive open online course entitled: introduction to algae biotechnology. Levine, i. 2019. Algal-based bioeconomy: education, training & commercial opportunities. Reliance industries limited. January 21, 2019. Mumbai, india. Levine, i. 2019. Algal-based educational initiatives supplying the next generation of specialists for algal industrialization. Algal bioeconomy, maine seaweed renaissance a prime example for indian seaweed commercialization. India international seaweed expo and summit. January 22-24, 2019. Mumbai, india. Levine, i. And c. Gerk. 2019. Algae technology educational consortium. U.s. D.o.e., beto 2019 project peer review. March 4-7, 2019. Denver, co. Levine, i. 2019. Algal-based bioeconomy workforce training and k-12 stem education: algal farming renaissance in maine an iceland. Strandbunadur 2019. March 21-22, 2019. Reykjavik, iceland. Levine, i. 2019. Algae foundation's algal-based stem k-16 education initiatives. Usm research & scholarship symposium. Portland, me. March 29, 2019. Levine, i. 2019. The algae industry and why algae curricula in college education is important for the future. Science seminar midland college. Midland, tx. April 5, 2019. Levine, i. 2019. Algal-based bioeconomy workforce training and grades k-12 stem education: algal cultivation and biotechnology in usa. Blue agriculture: biotechnological advances in exploring the ocean for food and nutraceuticals. Barranquitas, puerto rico. April 8-9, 2019. Levine, i. 2019. Learning science from k-gray. Nsta19: national conference on science education. St. Louis, mo. April 11-14, 2019. Levine, i. 2019. Algae foundation's algae technology educational consortium (atec) and the algae academy: 2019 and beyond. 9th international conference on algae biomass, biofuels, and bioproducts. Plenary lecture. June 18, 2019.

Form 990, Part IX, Line 11G

Curriculum development 167,460 0 0 honorarium 22,700 0 0 stipend 3,000 0 0 total 193,160 0 0

Form 990, Part XI, Line 9

ROUNDING 2

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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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IRS990/ActivityOrMissionDesc0THE ALGAE FOUNDATION'S MISSION IS 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. TO ACCOMPLISH ITS MISSION, THE ALGAE FOUNDATION ENGAGES IN AND FUNDS EDUCATIONAL OUTREACH, RESEARCH, DEVELOPMENT, AND OTHER ACTIVITIES; FINDS AND SUPPORTS THE DEVELOPMENT OF FUTURE LEADERS OF THE ALGAE INDUSTRY THROUGH SCHOLARSHIPS, GRANTS AND OTHER FINANCIAL AND ORGANIZATIONAL SUPPORT; AND FACILITATES COMMUNICATION AMONG PRIVATE, ACADEMIC AND PUBLIC SECTOR LEADERS, AND THE PUBLIC GENERALLY, TO INCREASE BROADER LITERACY AND AWARENESS OF THE BENEFITS OF ALGAE BIOMASS CULTIVATION AND COMMERCIALIZATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM: THE FIRST INITIATIVE OF THE ALGAE FOUNDATION IN STEM WORKFORCE DEVELOPMENT IS THE ESTABLISHMENT OF THE ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM (ATEC) TO DEVELOP ALGAL BASED EDUCATION AND TRAINING PLATFORMS TO DEVELOP THE NEXT GENERATION OF ALGAL PROFESSIONALS AND AN ALGAL LITERATE NATION. THE EFFORTS INCLUDE: 1. TWO COMMUNITY COLLEGE DEGREES IN 1. ALGAE BIOLOGY & CULTIVATION AND 2. ALGAE BIOTECHNOLOGY. 2.ESTABLISHMENT OF THE ALGAE CULTIVATION EXTENSION SHORT- COURSES (ACES) PART 1 (SEAWEED) AND PART 2 (MICROALGAE) 3. ALGAE ACADEMY GRADES K-12 ALGAL-BASED STEM EDUCATION INITIATIVE 4. ONLINE LEARNING: INTRODUCTION OF ALGAE MASSIVE OPEN ONLINE COURSE (ALGAL-MOOC) 5. SUMMER ALGAE SCIENCE INSTITUTE (SASI): CONTINUED SCIENCE EDUCATION FOR TEACHERS NATIONWIDE. THE ESTABLISHMENT OF ATEC WAS LAUNCHED AS THE RESULT OF A FOUR YEAR GRANT FROM THE US DEPARTMENT OF ENERGY AND THE NATIONAL RENEWABLE ENERGY LABORATORY. THE GRANT WAS RENEWED FOR AN ADDITIONAL THREE YEARS (PENDING CONGRESSIONAL FUNDING). ALGAL PRODUCTION WILL SIGNIFICANTLY REDUCE GREENHOUSE GASES,PROVIDE A SUSTAINABLE SOURCE OF BIOMASS FOR BIO-BASED PRODUCTS, FEED, FUELAND FOODS. THIS REQUIRES NEW LARGE SCALE OPERATIONS CREATING HIGH QUALITYJOBS AND ATEC'S PURPOSE IS TO DEVELOP AN EDUCATED WORKFORCE TO FILL THOSE JOBS. THROUGH ALGAL EDUCATION STUDENTS LEARN PRACTICAL APPLICATIONS OFFARMING AND BIOTECHNOLOGY TO PRODUCE A SUSTAINABLE RESOURCE WHILEDEVELOPING THE SKILLS FOR THE NEXT GENERATION OF ALGAL-BASED JOBS. THE TWO DEGREE PROGRAMS WERE SUPPORTED THROUGH THE DEVELOPMENT OF SIX IN PERSON AND ONLINE COURSES SUPPORTED BY INTENSIVE, HANDS ON, PLACE BOUND,LABORATORY EXERCISES. ATEC THROUGH ITS MANY SUBCOMMITTEES ARE DEVELOPINGTHE ONLINE CLASSES, LABORATORY EXERCISES, LABORATORY AND LECTURE TEXTMATERIALS. ATEC RECRUITED 30 NATIONAL LEADERS IN ALGAL EDUCATION,CULTIVATION, BIOTECHNOLOGY, COMMERCIALIZATION, AND NEW PRODUCT DEVELOPMENT WHO COLLECTIVELY HAVE MORE THAN 200 YEARS OF ALGAL- BASED EXPERIENCE. THE ATEC TEAM MEMBERS INCLUDE PROFESSIONALS FROM THE FOLLOWING ORGANIZATIONS: ALGAE FOUNDATION, ALGAE BIOMASS ORGANIZATION, CAL-CAB, UNIVERSITY OF CALIFORNIA, SAN DIEGO, NATIONAL RENEWABLE ENERGY LAB, UNIVERSITY OF TEXAS, AUSTIN, ARIZONA STATE UNIVERSITY, UNIVERSITY OF SOUTHERN MAINE, SANTA FE COMMUNITY COLLEGE, AUSTIN COMMUNITY COLLEGE, RUTGERS UNIVERSITY EXTENSION, SOLANO COMMUNITY COLLEGE, HARMON CONSULTING, GLOBAL ALGAE, QUALITAS HEALTH, DSM, CYANOTECH, LONESTAR COLLEGE, UNIVERSITY OF TEXAS, RIO GRANDE VALLEY, SOUTHERN TEXAS COLLEGE, SHORELINE COMMUNITY COLLEGE, AND LYNN-BENTON COMMUNITY COLLEGE. OUR ATEC TEAM MEMBERS ARE DEDICATED, TO ALL MATTERS DEALING WITH ALGAL EDUCATION, AND HAVE DEDICATED THEMSELVES TO THE DEVELOPMENT OF COMMUNITY COLLEGE EDUCATION AND ALGAL- BASED AQUACULTURE EXTENSION LEARNING MODULES. THE TWO LEAD ORGANIZATIONS FOR THE ALGAL FARMING AND BIOTECHNOLOGY DEGREES ARE SANTA FE COMMUNITY COLLEGE (NM) AND AUSTIN COMMUNITY COLLEGE (TX), RESPECTIVELY. THE DEGREE PROGRAMS WERE INITIATED FOR THE FARMING DEGREE IN SEPTEMBER, 2016 AND THE FIRST GRADUATES COMPLETED THEIR DEGREES IN MAY 2018. EACH GRADUATE HAS EITHER RECEIVED A SCHOLARSHIP TO ATTEND UNIVERSITY OF NEW MEXICO OR NEW MEXICO STATE UNIVERSITY OR HAVE LANDED A GREAT, HIGH PAYING JOB. THE BIOTECHNOLOGY CURRICULUM BEGAN TO BE OFFERED AT AUSTIN COMMUNITY COLLEGE IN SEPTEMBER 2017 AS A SERIES OF TWO WEEK LECTURE/LABORATORY MODULES IN FOUR INTRODUCTORY AND ADVANCED BIOTECHNOLOGY COURSES. ADDITIONALLY, ALGAE HAVE BEEN INCLUDED AS A TARGET ORGANISM IN THE AUSTIN CC INTRO TO BIOTECHNOLOGY COURSE. ATEC HAS RECRUITED NATIONAL COMMERCIAL LEADERS FROM ALGAL FARMING AND BIOTECHNOLOGY COMPANIES TO SERVE ON THE ATEC INDUSTRIAL ADVISORY BOARD. THE ADVISORY BOARD IS ASSISTING WITH THE ESTABLISHMENT OF WORK AND SKILL STANDARDS TO ALIGN THE PROGRAM TO EFFICIENTLY SERVE AS A BIOECONOMY WORKFORCE DEVELOPMENT PROGRAM. THIS YEAR ATEC WAS ABLE TO RECRUIT ONE OF THE LARGEST ALGAE COMPANY IN TH
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IRS990/ProgSrvcAccomActy3Grp/Desc0COMPLETED INDEPENDENT CONTRACTOR CONTRACTS AND ENTERED INTO AGREEMENTS WITH UNIVERSITY OF CALIFORNIA, SAN DIEGO, AUSTIN COMMUNITY COLLEGE, NEW MEXICO FILM RESOURCES, INC, AND UNIVERSITY OF TEXAS, AUSTIN. INTRODUCTION TO ALGAE MASSIVE OPEN ONLINE COURSE (ALGAL MOOC) WAS PUBLISHED ON FEBRUARY 15, 2018 AND NEARLY 10,000 PARTICIPANTS TO DATE HAVE TAKEN THE COURSE. PUBLISHED THE ONLINE COURSE ALGAE CULTIVATION EXTENSION SHORT-COURSES PART I: SEAWEEDS AND PART II MICROALGAE. OVER 1000 PARTICIPANTS FROM 45 COUNTRIES HAVE TAKEN THE ACES SHORT COURSES. THE ALGAE ACADEMY IS AN INITIATIVE OF THE ALGAE FOUNDATION AND PROVIDES ALGAE BASED STEM CURRICULUM KITS TO ELEMENTARY, MIDDLE, AND HIGH SCHOOL CLASSES. THE PURPOSE OF THE INITIATIVE IS TO EDUCATE AND EXCITE STUDENTS ON THE POWER OF ALGAE AS A SUSTAINABLE SOLUTION FOR SEVERAL OF THE DILEMMAS FACING OUR GLOBAL COMMUNITY. THE CURRICULUM MEETS STEM EDUCATION REQUIREMENTS AND NEXT GEN SCIENCE STANDARDS. OUR SUCCESSES IN 2019 INCLUDE: DISTRIBUTED ~ 300 ALGAL STEM K-12 KITS SERVING NEARLY 36,000 STUDENTS IN GRADES K-12 IN 46 STATES, 1 US TERRITORY AND TWO COUNTRIES. REFINED ALGAE CURRICULUM FOR MIDDLE SCHOOL EDUCATION. CURRICULUM MEETS STEM REQUIREMENTS AND THE HUMAN IMPACT REQUIREMENT OF THE NEXT GEN SCIENCE STANDARDS. DEVELOPED EDUCATOR SUPPORT TOOLS TO ACCOMPANY THE CURRICULUM. OUR GOALS FOR 2020 INCLUDE: DISTRIBUTE 350 KITS TO SCHOOLS NATIONWIDE (ALL 50 STATES) THROUGH BOTH IN- CLASS AND ONLINE RESOURCES TO ACCOMMODATE NEW DISTANCE LEARNING REQUIREMENTS ESTABLISHED DUE TO COVID-19. DEVELOP AND IMPLEMENT A FUNDRAISING PLAN TO INCLUDE DIVERSE REVENUE STREAMS. INCREASE THE CURRICULUM TO BETTER SERVICE HIGH SCHOOL STUDENTS AND AP CLASSES. ONGOING AND NEAR COMPLETION: RECRUITING > 10 ADDITIONAL COMMUNITY COLLEGES TO ADOPT ATEC DEGREE PROGRAMS. EXPANDING ATEC EACH YEAR, REFLECTING INCREASED INTEREST AND PARTICIPATION. ACQUISITION AND MODIFICATION OF EXISTING EDUCATIONAL CURRICULUMS, ASSETS, LABS, WORKBOOKS, MANUALS, AND LECTURES CONVERSION OF EDUCATIONAL MATERIALS TO THE APPROPRIATE SCALE AND SCOPE OF OUR COMMUNITY COLLEGE STUDENT BY COMMUNITY COLLEGE AND UNIVERSITY-BASED EDUCATORS. PUBLISHING THE SECOND ALGAL MASSIVE OPEN ONLINE COURSE ENTITLED: INTRODUCTION TO ALGAE BIOTECHNOLOGY. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY: EDUCATION, TRAINING & COMMERCIAL OPPORTUNITIES. RELIANCE INDUSTRIES LIMITED. JANUARY 21, 2019. MUMBAI, INDIA. LEVINE, I. 2019. ALGAL-BASED EDUCATIONAL INITIATIVES SUPPLYING THE NEXT GENERATION OF SPECIALISTS FOR ALGAL INDUSTRIALIZATION. ALGAL BIOECONOMY, MAINE SEAWEED RENAISSANCE A PRIME EXAMPLE FOR INDIAN SEAWEED COMMERCIALIZATION. INDIA INTERNATIONAL SEAWEED EXPO AND SUMMIT. JANUARY 22-24, 2019. MUMBAI, INDIA. LEVINE, I. AND C. GERK. 2019. ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM. U.S. D.O.E., BETO 2019 PROJECT PEER REVIEW. MARCH 4-7, 2019. DENVER, CO. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY WORKFORCE TRAINING AND K-12 STEM EDUCATION: ALGAL FARMING RENAISSANCE IN MAINE AN ICELAND. STRANDBUNADUR 2019. MARCH 21-22, 2019. REYKJAVIK, ICELAND. LEVINE, I. 2019. ALGAE FOUNDATION'S ALGAL-BASED STEM K-16 EDUCATION INITIATIVES. USM RESEARCH & SCHOLARSHIP SYMPOSIUM. PORTLAND, ME. MARCH 29, 2019. LEVINE, I. 2019. THE ALGAE INDUSTRY AND WHY ALGAE CURRICULA IN COLLEGE EDUCATION IS IMPORTANT FOR THE FUTURE. SCIENCE SEMINAR MIDLAND COLLEGE. MIDLAND, TX. APRIL 5, 2019. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY WORKFORCE TRAINING AND GRADES K-12 STEM EDUCATION: ALGAL CULTIVATION AND BIOTECHNOLOGY IN USA. BLUE AGRICULTURE: BIOTECHNOLOGICAL ADVANCES IN EXPLORING THE OCEAN FOR FOOD AND NUTRACEUTICALS. BARRANQUITAS, PUERTO RICO. APRIL 8-9, 2019. LEVINE, I. 2019. LEARNING SCIENCE FROM K-GRAY. NSTA19: NATIONAL CONFERENCE ON SCIENCE EDUCATION. ST. LOUIS, MO. APRIL 11-14, 2019. LEVINE, I. 2019. ALGAE FOUNDATION'S ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM (ATEC) AND THE ALGAE ACADEMY: 2019 AND BEYOND. 9TH INTERNATIONAL CONFERENCE ON ALGAE BIOMASS, BIOFUELS, AND BIOPRODUCTS. PLENARY LECTURE. JUNE 18, 2019.
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE SERVICES OF BIOLOGICAL SERVICES ARE IN CONNECTION WITH MANAGEMENT OF THE ATEC PROJECT.THE ALGAE FOUNDATION HAS ENTERED INTO AN INDEPENDENT CONTRACTOR AGREEMENT WITH BIOLOGICAL SERVICES INC., A CORPORATION IN WHICH DR. IRA LEVINE HOLDSA FINANCIAL INTEREST, FOR PURPOSES OF MANAGING THE ATEC PROJECT AND PERFORMING CERTAIN SERVICES THAT THE FOUNDATION IS REQUIRED TO PERFORMUNDER ITS CONTRACT WITH THE NATIONAL RENEWABLE ENERGY LABORATORY. THIS CONTRACT REQUIRES DR. LEVINE TO SERVE AS THE PRINCIPAL INVESTIGATOR AND MANAGE THE PROJECT. SEPARATELY, THE FOUNDATION'S BOARD APPROVED THIS CONTRACT WITH BIOLOGICAL SERVICES, INC. AFTER BEING MADE AWARE OF DR. LEVINE'S FINANCIAL INTEREST PURSUANT TO THE FOUNDATIONS CONFLICT OF INTEREST POLICY AND AFTER A REVIEW OF THE HOURLY RATE BEING CHARGED, THE BOARD DETERMINED IT TO BE REASONABLE AND NOT EXCESSIVE. DR. LEVINE DID NOT PARTICIPATE IN THE BOARD'S DISCUSSION AND APPROVAL OF THIS AGREEMENT. THE AGREEMENT WAS DRAFTED BY LEGAL COUNSEL AT AN "ARM'S LENGTH" BASIS. THE SERVICES OF MARISSA M MARTINEZ-NALLEY ARE IN CONNECTION WITH MANAGEMENT OF THE ALGAE ACADEMY GRADES K-12 ALGAL-BASED STEM EDUCATION INITIATIVE PROJECT.THE ALGAE FOUNDATION HAS ENTERED INTO AN INDEPENDENT CONTRACTOR AGREEMENT WITH MARISSA M MARTINEZ-NALLEY IN WHICH IS THE SPOUSE OF JAKE NALLEY, FOR PURPOSES OF MANAGING THE ALGAE ACADEMY PROJECT. SEPARATELY, THE FOUNDATION'S BOARD APPROVED THIS CONTRACT WITH MARISSA M MARTINEZ- NALLY. BEING AWARE OF MARISSA M MARTINEZ-NALLEY'S RELATIONSHIP WITH JAKE NALLEY,PURSUANT TO THE FOUNDATIONS CONFLICT OF INTEREST POLICY AND AFTER A REVIEW OF THE HOURLY RATE BEING CHARGED, THE BOARD DETERMINED IT TO BE REASONABLE AND NOT EXCESSIVE. JAKE NALLEY DID NOT PARTICIPATE IN THE BOARD'S DISCUSSION AND APPROVAL OF THIS AGREEMENT. THE AGREEMENT WAS DRAFTED BY LEGAL COUNSEL AT AN "ARM'S LENGTH" BASIS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ALGAE FOUNDATION'S MISSION IS 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. TO ACCOMPLISH ITS MISSION, THE ALGAE FOUNDATION ENGAGES IN AND FUNDS EDUCATIONAL OUTREACH, RESEARCH, DEVELOPMENT, AND OTHER ACTIVITIES; FINDS AND SUPPORTS THE DEVELOPMENT OF FUTURE LEADERS OF THE ALGAE INDUSTRY THROUGH SCHOLARSHIPS, GRANTS AND OTHER FINANCIAL AND ORGANIZATIONAL SUPPORT; AND FACILITATES COMMUNICATION AMONG PRIVATE, ACADEMIC AND PUBLIC SECTOR LEADERS, AND THE PUBLIC GENERALLY, TO INCREASE BROADER LITERACY AND AWARENESS OF THE BENEFITS OF ALGAE BIOMASS CULTIVATION AND COMMERCIALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM: THE FIRST INITIATIVE OF THE ALGAE FOUNDATION IN STEM WORKFORCE DEVELOPMENT IS THE ESTABLISHMENT OF THE ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM (ATEC) TO DEVELOP ALGAL BASED EDUCATION AND TRAINING PLATFORMS TO DEVELOP THE NEXT GENERATION OF ALGAL PROFESSIONALS AND AN ALGAL LITERATE NATION. THE EFFORTS INCLUDE: 1. TWO COMMUNITY COLLEGE DEGREES IN 1. ALGAE BIOLOGY & CULTIVATION AND 2. ALGAE BIOTECHNOLOGY. 2.ESTABLISHMENT OF THE ALGAE CULTIVATION EXTENSION SHORT- COURSES (ACES) PART 1 (SEAWEED) AND PART 2 (MICROALGAE) 3. ALGAE ACADEMY GRADES K-12 ALGAL-BASED STEM EDUCATION INITIATIVE 4. ONLINE LEARNING: INTRODUCTION OF ALGAE MASSIVE OPEN ONLINE COURSE (ALGAL-MOOC) 5. SUMMER ALGAE SCIENCE INSTITUTE (SASI): CONTINUED SCIENCE EDUCATION FOR TEACHERS NATIONWIDE. THE ESTABLISHMENT OF ATEC WAS LAUNCHED AS THE RESULT OF A FOUR YEAR GRANT FROM THE US DEPARTMENT OF ENERGY AND THE NATIONAL RENEWABLE ENERGY LABORATORY. THE GRANT WAS RENEWED FOR AN ADDITIONAL THREE YEARS (PENDING CONGRESSIONAL FUNDING). ALGAL PRODUCTION WILL SIGNIFICANTLY REDUCE GREENHOUSE GASES,PROVIDE A SUSTAINABLE SOURCE OF BIOMASS FOR BIO-BASED PRODUCTS, FEED, FUELAND FOODS. THIS REQUIRES NEW LARGE SCALE OPERATIONS CREATING HIGH QUALITYJOBS AND ATEC'S PURPOSE IS TO DEVELOP AN EDUCATED WORKFORCE TO FILL THOSE JOBS. THROUGH ALGAL EDUCATION STUDENTS LEARN PRACTICAL APPLICATIONS OFFARMING AND BIOTECHNOLOGY TO PRODUCE A SUSTAINABLE RESOURCE WHILEDEVELOPING THE SKILLS FOR THE NEXT GENERATION OF ALGAL-BASED JOBS. THE TWO DEGREE PROGRAMS WERE SUPPORTED THROUGH THE DEVELOPMENT OF SIX IN PERSON AND ONLINE COURSES SUPPORTED BY INTENSIVE, HANDS ON, PLACE BOUND,LABORATORY EXERCISES. ATEC THROUGH ITS MANY SUBCOMMITTEES ARE DEVELOPINGTHE ONLINE CLASSES, LABORATORY EXERCISES, LABORATORY AND LECTURE TEXTMATERIALS. ATEC RECRUITED 30 NATIONAL LEADERS IN ALGAL EDUCATION,CULTIVATION, BIOTECHNOLOGY, COMMERCIALIZATION, AND NEW PRODUCT DEVELOPMENT WHO COLLECTIVELY HAVE MORE THAN 200 YEARS OF ALGAL- BASED EXPERIENCE. THE ATEC TEAM MEMBERS INCLUDE PROFESSIONALS FROM THE FOLLOWING ORGANIZATIONS: ALGAE FOUNDATION, ALGAE BIOMASS ORGANIZATION, CAL-CAB, UNIVERSITY OF CALIFORNIA, SAN DIEGO, NATIONAL RENEWABLE ENERGY LAB, UNIVERSITY OF TEXAS, AUSTIN, ARIZONA STATE UNIVERSITY, UNIVERSITY OF SOUTHERN MAINE, SANTA FE COMMUNITY COLLEGE, AUSTIN COMMUNITY COLLEGE, RUTGERS UNIVERSITY EXTENSION, SOLANO COMMUNITY COLLEGE, HARMON CONSULTING, GLOBAL ALGAE, QUALITAS HEALTH, DSM, CYANOTECH, LONESTAR COLLEGE, UNIVERSITY OF TEXAS, RIO GRANDE VALLEY, SOUTHERN TEXAS COLLEGE, SHORELINE COMMUNITY COLLEGE, AND LYNN-BENTON COMMUNITY COLLEGE. OUR ATEC TEAM MEMBERS ARE DEDICATED, TO ALL MATTERS DEALING WITH ALGAL EDUCATION, AND HAVE DEDICATED THEMSELVES TO THE DEVELOPMENT OF COMMUNITY COLLEGE EDUCATION AND ALGAL- BASED AQUACULTURE EXTENSION LEARNING MODULES. THE TWO LEAD ORGANIZATIONS FOR THE ALGAL FARMING AND BIOTECHNOLOGY DEGREES ARE SANTA FE COMMUNITY COLLEGE (NM) AND AUSTIN COMMUNITY COLLEGE (TX), RESPECTIVELY. THE DEGREE PROGRAMS WERE INITIATED FOR THE FARMING DEGREE IN SEPTEMBER, 2016 AND THE FIRST GRADUATES COMPLETED THEIR DEGREES IN MAY 2018. EACH GRADUATE HAS EITHER RECEIVED A SCHOLARSHIP TO ATTEND UNIVERSITY OF NEW MEXICO OR NEW MEXICO STATE UNIVERSITY OR HAVE LANDED A GREAT, HIGH PAYING JOB. THE BIOTECHNOLOGY CURRICULUM BEGAN TO BE OFFERED AT AUSTIN COMMUNITY COLLEGE IN SEPTEMBER 2017 AS A SERIES OF TWO WEEK LECTURE/LABORATORY MODULES IN FOUR INTRODUCTORY AND ADVANCED BIOTECHNOLOGY COURSES. ADDITIONALLY, ALGAE HAVE BEEN INCLUDED AS A TARGET ORGANISM IN THE AUSTIN CC INTRO TO BIOTECHNOLOGY COURSE. ATEC HAS RECRUITED NATIONAL COMMERCIAL LEADERS FROM ALGAL FARMING AND BIOTECHNOLOGY COMPANIES TO SERVE ON THE ATEC INDUSTRIAL ADVISORY BOARD. THE ADVISORY BOARD IS ASSISTING WITH THE ESTABLISHMENT OF WORK AND SKILL STANDARDS TO ALIGN THE PROGRAM TO EFFICIENTLY SERVE AS A BIOECONOMY WORKFORCE DEVELOPMENT PROGRAM. THIS YEAR ATEC WAS ABLE TO RECRUIT ONE OF THE LARGEST ALGAE COMPANY IN TH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLETED INDEPENDENT CONTRACTOR CONTRACTS AND ENTERED INTO AGREEMENTS WITH UNIVERSITY OF CALIFORNIA, SAN DIEGO, AUSTIN COMMUNITY COLLEGE, NEW MEXICO FILM RESOURCES, INC, AND UNIVERSITY OF TEXAS, AUSTIN. INTRODUCTION TO ALGAE MASSIVE OPEN ONLINE COURSE (ALGAL MOOC) WAS PUBLISHED ON FEBRUARY 15, 2018 AND NEARLY 10,000 PARTICIPANTS TO DATE HAVE TAKEN THE COURSE. PUBLISHED THE ONLINE COURSE ALGAE CULTIVATION EXTENSION SHORT-COURSES PART I: SEAWEEDS AND PART II MICROALGAE. OVER 1000 PARTICIPANTS FROM 45 COUNTRIES HAVE TAKEN THE ACES SHORT COURSES. THE ALGAE ACADEMY IS AN INITIATIVE OF THE ALGAE FOUNDATION AND PROVIDES ALGAE BASED STEM CURRICULUM KITS TO ELEMENTARY, MIDDLE, AND HIGH SCHOOL CLASSES. THE PURPOSE OF THE INITIATIVE IS TO EDUCATE AND EXCITE STUDENTS ON THE POWER OF ALGAE AS A SUSTAINABLE SOLUTION FOR SEVERAL OF THE DILEMMAS FACING OUR GLOBAL COMMUNITY. THE CURRICULUM MEETS STEM EDUCATION REQUIREMENTS AND NEXT GEN SCIENCE STANDARDS. OUR SUCCESSES IN 2019 INCLUDE: DISTRIBUTED ~ 300 ALGAL STEM K-12 KITS SERVING NEARLY 36,000 STUDENTS IN GRADES K-12 IN 46 STATES, 1 US TERRITORY AND TWO COUNTRIES. REFINED ALGAE CURRICULUM FOR MIDDLE SCHOOL EDUCATION. CURRICULUM MEETS STEM REQUIREMENTS AND THE HUMAN IMPACT REQUIREMENT OF THE NEXT GEN SCIENCE STANDARDS. DEVELOPED EDUCATOR SUPPORT TOOLS TO ACCOMPANY THE CURRICULUM. OUR GOALS FOR 2020 INCLUDE: DISTRIBUTE 350 KITS TO SCHOOLS NATIONWIDE (ALL 50 STATES) THROUGH BOTH IN- CLASS AND ONLINE RESOURCES TO ACCOMMODATE NEW DISTANCE LEARNING REQUIREMENTS ESTABLISHED DUE TO COVID-19. DEVELOP AND IMPLEMENT A FUNDRAISING PLAN TO INCLUDE DIVERSE REVENUE STREAMS. INCREASE THE CURRICULUM TO BETTER SERVICE HIGH SCHOOL STUDENTS AND AP CLASSES. ONGOING AND NEAR COMPLETION: RECRUITING > 10 ADDITIONAL COMMUNITY COLLEGES TO ADOPT ATEC DEGREE PROGRAMS. EXPANDING ATEC EACH YEAR, REFLECTING INCREASED INTEREST AND PARTICIPATION. ACQUISITION AND MODIFICATION OF EXISTING EDUCATIONAL CURRICULUMS, ASSETS, LABS, WORKBOOKS, MANUALS, AND LECTURES CONVERSION OF EDUCATIONAL MATERIALS TO THE APPROPRIATE SCALE AND SCOPE OF OUR COMMUNITY COLLEGE STUDENT BY COMMUNITY COLLEGE AND UNIVERSITY-BASED EDUCATORS. PUBLISHING THE SECOND ALGAL MASSIVE OPEN ONLINE COURSE ENTITLED: INTRODUCTION TO ALGAE BIOTECHNOLOGY. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY: EDUCATION, TRAINING & COMMERCIAL OPPORTUNITIES. RELIANCE INDUSTRIES LIMITED. JANUARY 21, 2019. MUMBAI, INDIA. LEVINE, I. 2019. ALGAL-BASED EDUCATIONAL INITIATIVES SUPPLYING THE NEXT GENERATION OF SPECIALISTS FOR ALGAL INDUSTRIALIZATION. ALGAL BIOECONOMY, MAINE SEAWEED RENAISSANCE A PRIME EXAMPLE FOR INDIAN SEAWEED COMMERCIALIZATION. INDIA INTERNATIONAL SEAWEED EXPO AND SUMMIT. JANUARY 22-24, 2019. MUMBAI, INDIA. LEVINE, I. AND C. GERK. 2019. ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM. U.S. D.O.E., BETO 2019 PROJECT PEER REVIEW. MARCH 4-7, 2019. DENVER, CO. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY WORKFORCE TRAINING AND K-12 STEM EDUCATION: ALGAL FARMING RENAISSANCE IN MAINE AN ICELAND. STRANDBUNADUR 2019. MARCH 21-22, 2019. REYKJAVIK, ICELAND. LEVINE, I. 2019. ALGAE FOUNDATION'S ALGAL-BASED STEM K-16 EDUCATION INITIATIVES. USM RESEARCH & SCHOLARSHIP SYMPOSIUM. PORTLAND, ME. MARCH 29, 2019. LEVINE, I. 2019. THE ALGAE INDUSTRY AND WHY ALGAE CURRICULA IN COLLEGE EDUCATION IS IMPORTANT FOR THE FUTURE. SCIENCE SEMINAR MIDLAND COLLEGE. MIDLAND, TX. APRIL 5, 2019. LEVINE, I. 2019. ALGAL-BASED BIOECONOMY WORKFORCE TRAINING AND GRADES K-12 STEM EDUCATION: ALGAL CULTIVATION AND BIOTECHNOLOGY IN USA. BLUE AGRICULTURE: BIOTECHNOLOGICAL ADVANCES IN EXPLORING THE OCEAN FOR FOOD AND NUTRACEUTICALS. BARRANQUITAS, PUERTO RICO. APRIL 8-9, 2019. LEVINE, I. 2019. LEARNING SCIENCE FROM K-GRAY. NSTA19: NATIONAL CONFERENCE ON SCIENCE EDUCATION. ST. LOUIS, MO. APRIL 11-14, 2019. LEVINE, I. 2019. ALGAE FOUNDATION'S ALGAE TECHNOLOGY EDUCATIONAL CONSORTIUM (ATEC) AND THE ALGAE ACADEMY: 2019 AND BEYOND. 9TH INTERNATIONAL CONFERENCE ON ALGAE BIOMASS, BIOFUELS, AND BIOPRODUCTS. PLENARY LECTURE. JUNE 18, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETE FORM 990 IS PREPARED BY THE TREASURER AND REVIEWED BY THE CHAIR AND VICE CHAIR OF THE BOARD, BOARD OF DIRECTORS (FOR REVIEW AND COMMENT) AND LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT BEFORE JOINING THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FOR DETERMINING COMPENSATION OF DR. IKE LEVINE IN CONNECTION WITH THE HOURLY RATE BEING PAID TO BIOLOGICAL SERVICES, INC. UNDER THE INDEPENDENT CONTRACTOR AGREEMENT INVOLVING MANAGEMENT OF THE ATEC PROGRAM INVOLVED A REVIEW OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DISINTERESTED DIRECTORS' DELIBERATION AND DECISION ON THE MATTER. ON COMPARABILITY DATA, THE BOARD REVIEWED EMAILS FROM THE DEPARTMENT OF ENERGY REGARDING SIMILAR PROGRAMS AND HOURLY AMOUNTS PAID TO PROJECT MANAGERS UNDER THOSE PROGRAMS. THE HOURLY RATE BEING CHARGED BY THOSE PROGRAM MANAGERS WAS COMPARABLE TO OR HIGHER THAN THE AMOUNT BSI RECEIVED UNDER THE INDEPENDENT CONTRACTOR AGREEMENT. OTHER CONSULTING AGREEMENTS WITHIN THE ALGAE INDUSTRY WERE ALSO REVIEWED, AND THE HOURLY RATE THAT THE FOUNDATION WAS BEING CHARGED BY BSI WAS SUBSTANTIALLY LESS THAN UNDER THE OTHER CONSULTING AGREEMENTS. THESE INVESTIGATIONS SUGGESTED THAT THE HOURLY RATE BEING CHANGED BY BSI TO THE FOUNDATION WAS AT OR BELOW MARKET RATES AND THAT THE RATE BEING CHARGED WAS FAIR. THE ALGAE FOUNDATION'S CONFLICT OF INTEREST POLICY WAS ALSO FOLLOWED. DR. LEVINE DID NOT PARTICIPATE IN THE DECISION OR DISCUSSION WITH RESPECT TO APPROVAL OF THE INDEPENDENT CONTRACTOR AGREEMENT WITH BSI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ARTICLES OF INCORPORATION ARE PUBLICLY AVAILABLE FROM THE SECRETARY OF THE STATE OF WASHINGTON. THE ARTICLES AND BY-LAWS ARE AVAILABLE TO MEMBERS ON THE WEB SITE AND THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CURRICULUM DEVELOPMENT 167,460 0 0 HONORARIUM 22,700 0 0 STIPEND 3,000 0 0 TOTAL 193,160 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING 2
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