Algae Foundation

Environment organization based in Poland, ME. 10 employees. Exempt under §501(c)(3).

MissionTHE ALGAE FOUNDATION'S MISSION IS TO PROMOTE THE POWER OF ALGAE TO TRANSFORM HUMAN SOCIETY AND 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

Financial snapshot · TY 2024

$1.2M
Total revenue
$1.1M
Total expenses
$1.6M
Net assets

Financial health · TY 2024

81
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
91
16.3 months of expenses
Program efficiency
78
81.1% spent on programs
Revenue diversity
71
Mix of program fees, grants & contributions

Leadership compensation

$221,000
94th percentile vs. peers

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Algae Foundation Executive Compensation | 990 Data | DoubleNine