CSCharityScored
75

Algae Foundation

Environment · Poland, Maine

111 Tripp Lake Camp Rd, Poland, ME 04274-7506

EIN: 462312083· Founded: Jun 2014· 12 years active· Filing Year: 2023

Annual Revenue

$1.5M

Total Expenses

$1.0M

Total Assets

$1.5M

Program Spending

126%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$202K

19.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$220K

Total Payroll

$422K

41% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 41%
Other overhead: -26%
Program Revenue$1.3M (87%)
Total Expenses$1.0M (69%)
Payroll$422K (41%)
Overhead (non-program)-26%

Trust Score Breakdown

Program Spending Ratio

126% of expenses go to programs

40%

Revenue & Stability

$1.5M annual revenue

15%

Executive Compensation

$202K total officer comp (19.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.5M in assets

10%

Similar Environment Nonprofits in Maine

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.