Civic Intelligence

Altaseads Conservancy

EIN 88-2044353 • 501(c)3 • San Pedro, CA

Profile

We are developing, maintaining and curating seed banks to preserve genetic diversity of kelps, support selection that would sustain raising ocean temperature and ocidification and promote restoration of kelp beds.

2451 Signal StSan Pedro, CA 90731

kelpark.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.03x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$41,667

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

11th percentile

-18%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,064,100

Down $241,112 (-18%) from 2023

Liabilities

Down

$11,234

Down $67,708 (-86%) from 2023

Net Assets

Down

$1,052,866

Down $173,404 (-14%) from 2023

Revenue

Down

$398,003

Down $1,033,399 (-72%) from 2023

Expenses

Up

$571,407

Up $271,634 (+91%) from 2023

Net Income

Down

-$173,404

Down $1,305,033 (-115%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2022: $384,962Liabilities 2022: $0Net Assets 2022: $384,9622022Assets 2023: $1,305,212Liabilities 2023: $78,942Net Assets 2023: $1,226,2702023Assets 2024: $1,064,100Liabilities 2024: $11,234Net Assets 2024: $1,052,8662024

Highlighted filing

2024

Assets$1,064,100
Liabilities$11,234
Net Assets$1,052,866

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $509,122Expenses 2022: $124,160Net Income 2022: $384,9622022Revenue 2023: $1,431,402Expenses 2023: $299,773Net Income 2023: $1,131,6292023Revenue 2024: $398,003Expenses 2024: $571,407Net Income 2024: -$173,4042024

Highlighted filing

2024

Revenue$398,003
Expenses$571,407
Net Income-$173,404

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$398,003
Mission and Program Overview

Mission

We are developing, maintaining, and curating seed banks to preserve genetic diversity of kelps, support selection that would sustain raising ocean temperature and ocidification and promote restoration of kelp beds.

We are developing, maintaning and curating seed banks to help natural ocean kelp beds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$925,725$725,345▼ $200,380
Land, Buildings, and Equipment, Net$297,190$323,151▲ $25,961
Pledges and Grants Receivable$11,885$13,104▲ $1,219
Savings and Temporary Cash Investments-$2,500-
Total Assets$1,305,212$1,064,100▼ $241,112
Other Assets Total$70,412$0▼ $70,412
Liabilities
Other Liabilities$77,536$0▼ $77,536
Accounts Payable and Accrued Expenses$1,406$10,567▲ $9,161
Grants Payable-$667-
Total Liabilities$78,942$11,234▼ $67,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,226,270$783,235▼ $443,035
Net Assets With Donor Restrictions-$269,631-
Total Net Assets Fund Balance$1,226,270$1,052,866▼ $173,404
Total Liabilities and Net Assets / Fund Balance$1,305,212$1,064,100▼ $241,112

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$323,151$25,457$348,608
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Serguei NoujdinePresidentPT$41,667$41,667
Nina NoujdinaCfoo/secretaryPT$40,000$40,000
Kevin GainesDirector (through 10/24)-$21,469$21,469
Charles YarishDirector-$1,200$1,200

Board Members and Trustees

NameTitle
Eric Bishop Von WettbergDirector
Linda DuguayDirector
Marc Von KeitzDirector
Nick HajekDirector
Polly PurcellDirector
Rui PerrieraDirector
Nancy CarusoDirector (through 3/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$358,812
Program Service Revenue
$37,941
Investment Income
$1,250
Other Revenue
$0
All Other Contributions
$358,812
Change in Net Assets
$-173,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$351,215
Other Expenses$220,192
Total Fundraising Expense$66,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$171,955$4,148$15,845$191,948
Current Officers, Directors, Trustees, and Key Employees$50,756$28,000$25,580$104,336
Fees for Services Other$75,705$1,152$4,937$81,794
Other Employee Benefits$26,477$2,020$2,564$31,061
Occupancy$18,732$2,498$3,746$24,976
Payroll Taxes$19,990$720$3,160$23,870
Depreciation Depletion$18,401$1,150$3,450$23,001
Fees for Services Accounting-$17,708-$17,708
Insurance$8,594$2,967$855$12,416
Travel$6,519$3,555$1,778$11,852
Office Expenses$994$5,965$2,983$9,942
Other Expenses$7,497--$7,497
Conferences and Meetings$1,088$1,814$726$3,628
Advertising$2,504$334$501$3,339
Total Functional Expenses$433,251$72,031$66,125$571,407
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 2

President serguei noujdine and secretary treasurer nina noujdina have a family relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by our outside accountant. Following the completion of a draft of the audited financial statements and a draft of form 990, the outside auditor meets with the full board of directors to review the finanical statements and form 990 to assure that all representations and answers to issues, comments and questions are accurate.

Form 990, Part VI, Section B, Line 12C

Each director must comply with the conflict of interest policy

Form 990, Part VI, Section B, Line 15

Board of directors must approve all compensation decisions.

Form 990, Part VI, Section C, Line 18

UPON REQUEST.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Altaseads Conservancy Dba
EIN
88-2044353
Phone
4243827644
Address
2451 SIGNAL ST, SAN PEDRO, CA 90731

Signing Officer

Name
Nina Noujdina
Title
CFO
Phone
4243827644
Signed
2025-11-12

Organization Details

Principal Officer
Nina Noujdina
Formed
2022
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
5
Employees
6
Volunteers
5

Preparer

Firm
Quigley & Miron
Address
3580 WILSHIRE BLVD 1755, LOS ANGELES, CA 90010
Preparer
John Bovard Miron
Phone
2136393550
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 41,640. Management and general expenses 1,152. Fundraising expenses 4,937. Total expenses 47,729. Consultants - ed and outreach: program service expenses 34,065. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,065.

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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/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037941
IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH AND EDUCATION:KELP ARK STAFF IS DEDICATED TO LEADING TOURS FOR MULTIPLE GROUPS OF VISITORS, EITHER IN COLLABORATION WITH ALTASEA AT THE PORT OF LOS ANGELES, OR INDEPENDENTLY. WE CONTINUED TO DEVELOP EDUCATIONAL MATERIALS FOR THE HIGH SCHOOL MENTORING SUMMER PROGRAM: SLIDES, REFERENCE MATERIALS, SELECTING BOOKS FOR CLASS AND HOME READING.THE KELP ARK DISPLAY CONTAINER AND ART HAS BEEN DEVELOPED IN COLLABORATION WITH THE TERASAKI STUDIOS. THE EXHIBIT HAS BEEN VISITED BY OVER HALF A THOUSAND, AND VERY POPULAR WITH BOTH PUBLIC AND SCHOOL GROUPS.THE STRATEGY OF JOINT EDUCATION ACTIVITIES HAS BEEN DEVELOPED WITH ALTASEA, IMPLYING PROGRAMMING BY ALTASEA, AND HANDS-ON ACTIVITIES BY THE KELP ARK.THREE GIANT KELP CLUSTER EVENTS HAVE BEEN RUN.RELATIONS OF KELP ARK AND NUMEROUS OCEAN-FACING BUSINESSES AND ORGANIZATIONS HAVE BEEN ESTABLISHED, INCLUDING: NORA EDDY-TNC, CAWTHRON INSTITUTE, CALIFORNIA SEAWEED FESTIVAL, COMMERCIAL FISHERMEN OF SANTA BARBARA, LEWIS PUGH FOUNDATION- KELP GUARDIANS, FED DEGOBBI, ELEVEN ELEVEN FOUNDATION, PORT OF OVER ONE THOUSAND VISITORS FROM LOCAL SCHOOLS AND COLLEGES RECEIVED A TOUR OF OUR GROUNDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt064247
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt037941
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01431402
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0162826
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01131629
IRS990/PYSalariesCompEmpBnftPaidAmt0136947
IRS990/PYTotalExpensesAmt0299773
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01431402
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-173404
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0358812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01431392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01914364
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt07410
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt07410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01249
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01249
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037941
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01620234
IRS990ScheduleA/SubstantialContributorsTotAmt0301540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0366222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01431392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124160
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01921774
IRS990ScheduleA/TotalSupportAmt01923023
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0323151
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025457
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0348608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0323151
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT SERGUEI NOUJDINE AND SECRETARY TREASURER NINA NOUJDINA HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY OUR OUTSIDE ACCOUNTANT. FOLLOWING THE COMPLETION OF A DRAFT OF THE AUDITED FINANCIAL STATEMENTS AND A DRAFT OF FORM 990, THE OUTSIDE AUDITOR MEETS WITH THE FULL BOARD OF DIRECTORS TO REVIEW THE FINANICAL STATEMENTS AND FORM 990 TO ASSURE THAT ALL REPRESENTATIONS AND ANSWERS TO ISSUES, COMMENTS AND QUESTIONS ARE ACCURATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR MUST COMPLY WITH THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS MUST APPROVE ALL COMPENSATION DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 41,640. MANAGEMENT AND GENERAL EXPENSES 1,152. FUNDRAISING EXPENSES 4,937. TOTAL EXPENSES 47,729. CONSULTANTS - ED AND OUTREACH: PROGRAM SERVICE EXPENSES 34,065. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,065.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01064100
IRS990/TotalAssetsGrp/BOYAmt01305212
IRS990/TotalAssetsGrp/EOYAmt01064100
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0358812
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt066125
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072031
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0433251
IRS990/TotalFunctionalExpensesGrp/TotalAmt0571407
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt078942
IRS990/TotalLiabilitiesEOYAmt011234
IRS990/TotalLiabilitiesGrp/BOYAmt078942
IRS990/TotalLiabilitiesGrp/EOYAmt011234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01226270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01052866
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0433251
IRS990/TotalProgramServiceRevenueAmt037941
IRS990/TotalReportableCompFromOrgAmt0104336
IRS990/TotalRevenueGrp/ExclusionAmt01250
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037941
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0398003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01305212
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01064100
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01778
IRS990/TravelGrp/ManagementAndGeneralAmt03555
IRS990/TravelGrp/ProgramServicesAmt06519
IRS990/TravelGrp/TotalAmt011852
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02451 SIGNAL ST
IRS990/USAddress/CityNm0SAN PEDRO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090731
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.KELPARK.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NINA NOUJDINA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04243827644

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