Civic Intelligence

Algae Foundation

990 • Fiscal year 2020 • EIN 46-2312083

Jan 01, 2020 to Dec 31, 2020

Poland, ME
Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

33rd percentile

-5.6%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

35th percentile

-4.0%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-23%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$449,041

Down $18,831 (-4.0%) from 2019

Net Assets

Down

$447,850

Down $19,926 (-4.3%) from 2019

Liabilities

Up

$1,191

Up $1,095 (+1141%) from 2019

Revenue

Down

$356,380

Down $107,984 (-23%) from 2019

Expenses

Down

$376,306

Down $8,903 (-2.3%) from 2019

Net Income

Down

-$19,926

Down $99,081 (-125%) from 2019

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 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

2020

Assets$449,041
Liabilities$1,191
Net Assets$447,850

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 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

2020

Revenue$356,380
Expenses$376,306
Net Income-$19,926
Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Mission and Program Overview

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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings