Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “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.”.

When referring to its actions, they were described as: “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.”.

• According to the law, the state of operation reported by the non-profit is WA.
• As per the filing, the address of the non-profit for 2020 is 111 TRIPP LAKE CAMP ROAD, POLAND, ME, 04274.
• According to their form, the non-profit as of 2020 has a total of 0 employees.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is between $250,000 and $500,000.
• Revenue less expenses is $79,155.
• The CEO compensation plan of the organization is determined by an independent party's review and approval.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 5 independent voting members.
• The organization was formed in 2013.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has a business related family member transaction.