Public Charity

ALGAE FOUNDATION

ALGAE FOUNDATION is a Public Charity headquartered in POLAND, ME. Financial data from the 2024 filing: $1.2M revenue, $1.1M expenses, $1.6M total assets. 3 publicly reported grants to this organization, totaling roughly $115K, appear in IRS filings.

EIN: 462312083 POLAND, ME Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.1M
Total Assets$1.6M
Grant Records3
Funding Total$115K
Filing Years2019–2024

Mission

THE 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 GLOBALLY.

Officers & Directors

TREASURER Edmund Gaither
CO-VICE CHAIR Greg Mitchell
CEO Ira Levine
SECRETARY Jakob Nalley
CO-VICE CHAIR Jesse Traller Ojeda
BOARD MEMBER Peter Koffler

Officer compensation and complete director data available with membership.

Top Grant Purposes

ENVIRONMENTAL
$115,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.1M $1.6M
2023 $1.5M $1.0M $1.5M
2022 $986K $756K $810K
2020 $356K $376K $449K
2019 $464K $385K $468K

Between 2019 and 2024, reported annual revenue grew from $464K to $1.2M (+159%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

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