SAN PEDRO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALTASEADS CONSERVANCY DBA KELP ARK - THE GLOBAL MACROALGAE SEED, founded in 2022, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $398K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $571K exceeded revenue, resulting in a 44% operating deficit.
WE ARE DEVELOPING, MAINTANING AND CURATING SEED BANKS TO PRESERVE GENETIC DIVERSITY OF KELPS, SUPPORT SELECTION THAT WOULD SUSTAIN RAISING OCEAN TEMPERATURE AND OCIDIFICATION PROMOTE RESTORATION OF KELP BEDS.
SEEDBANKING:ALTASEADS CONSERVANCY AND COLLABORATORS AT PRESENT HOST OVER 2,500 KELP ACCESSIONS, WHICH IS THE BIGGEST AMONG WORLD'S PUBLIC SEEDBANKS (LEAD MICHAEL MARTY-RIVERA). ALTASEADS CONSERVANCY...
SEEDBANKING:ALTASEADS CONSERVANCY AND COLLABORATORS AT PRESENT HOST OVER 2,500 KELP ACCESSIONS, WHICH IS THE BIGGEST AMONG WORLD'S PUBLIC SEEDBANKS (LEAD MICHAEL MARTY-RIVERA). ALTASEADS CONSERVANCY HAS ENGAGED INTO COLLABORATIONS WITH THE CAL STATE UNIVERSITY DOMINGUEZ HILLS, TO CULTURE KELP-ASSOCIATED MICROBES (LEAD EMILY AGUIRRE). OVER 70 KELP CULTURES HAVE BEEN ESTABLISHED, WHILE ALTASEADS CONSERVANCY ALSO TRAINED 2 INTERNS FROM DISADVANTAGED CATEGORIES. THE FOCUS HAS BEEN ON SAMPLING BIODIVERSITY OF PACIFIC PALISADES AND MALIBU KELPS AFFECTED BY FIRES. THE LETTER OF AUTHORIZATION HAS BEEN RECEIVED FOR FOUR SPECIES, LAMINARIA FARLOWII, EGREGIA MENZEESII, EISENIA ARBOREA, AND MICROCYSTIS PYRIFERA. 12, 32, 28, AND 1 SAMPLES WERE COLLECTED OVER THE FIRST 3 SAMPLINGS, WITH MORE COLLECTIONS ONGOING. THE PRESS RELEASE IS ATTACHED. LA TIMES ARTICLE IS COMING. 51 VARIETIES OF KELP-ASSOCIATED FUNGUSES ARE CULTURED. 41 VARIETIES OF MICROBES ARE CULTURED FROM THE KELP SEED BANK, AND 29 FROM FRESHLY COLLECTED BLADES.
OUTREACH 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...
OUTREACH 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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $398,003 | $1,431,402 | -0.7% |
| Expenses | $571,407 | $299,773 | +0.9% |
| Net Income | $-173,404 | $1,131,629 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NINA NOUJDINA | CFOO/SECRETARY | 20.00 |
Officer
Director
|
$40,000 | $0 | $40,000 |
| SERGUEI NOUJDINE | PRESIDENT | 8.00 |
Officer
Director
|
$41,667 | $0 | $41,667 |
| NANCY CARUSO | DIRECTOR (THROUGH 3/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA DUGUAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN GAINES | DIRECTOR (THROUGH 10/24) | 1.00 |
Director
|
$21,469 | $0 | $21,469 |
| NICK HAJEK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RUI PERRIERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| POLLY PURCELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC VON KEITZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES YARISH | DIRECTOR | 1.00 |
Director
|
$1,200 | $0 | $1,200 |
| ERIC BISHOP VON WETTBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $398,003 | $571,407 | $1,064,100 | $-173,404 |
| 2023 | $1,431,402 | $299,773 | $1,305,212 | $1,131,629 |
| 2022 | $509,122 | $124,160 | $384,962 | $384,962 |
Compare ALTASEADS CONSERVANCY DBA KELP ARK - THE GLOBAL MACROALGAE SEED with other nonprofits in California and across the country.