ALGAE BLOOM CORP

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

WILLIAM WELSER

Phone

3103459373

Tax Period

2024-01-01 to 2024-12-31

ALGAE BLOOM CORP, founded in 2024, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2024.

Mission

OUR MISSION IS TWO-FOLD, WE PROVIDE CLEAR AND ACCESSIBLE EDUCATION ABOUT EVOLVING TECHNOLOGIES AND COLLABORATE WITH PARTNERS TO ETHICALLY AND SAFELY LEVERAGE TECHNOLOGY TO IMPROVE LIVES MEANINGFULLY AND MEASURABLY. WE BELIEVE IT'S CRUCIAL TO OBJECTIVELY AND ETHICALLY ASSESS THE IMPACT OF ADVANCED TECHNOLOGIES ON SOCIETY, ENSURING EVERYONE BENEFITS.

Program Service Accomplishments

Program 1

(1) EDUCATED AND SUPPORTED WOMEN IN THE MISSISSIPPI DELTA REGION WITH WELL-BEING TECHNOLOGY AND REWARDS FOR REGULAR USE OF THE SYSTEM. (2) PROVIDED EDUCATION AND AWARENESS TO COLLEGE AGE STUDENTS...

(1) EDUCATED AND SUPPORTED WOMEN IN THE MISSISSIPPI DELTA REGION WITH WELL-BEING TECHNOLOGY AND REWARDS FOR REGULAR USE OF THE SYSTEM. (2) PROVIDED EDUCATION AND AWARENESS TO COLLEGE AGE STUDENTS ABOUT THE ETHICAL RISKS RELATED TO THE USE OF ADVANCED AI (3) WORKED WITH WRITERS TO DEVELOP CONTENT FOR EDUCATION AND AWARENESS AROUND THE RISKS, THREATS, AND OPPORTUNITIES RELATED TO ADVANCED TECHNOLOGY, NOTABLY AI AND (4) DELIVERED A TEDX TALK INFORMING THE PUBLIC ON THE NEED FOR ETHICS, TRANSPARENCY AND GOVERNANCE OF AI.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,000

Program Service Revenue $0

Investment Income $35

Other Revenue $0

TOTAL REVENUE $52,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,035	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH CHALOM	DIRECTOR	0.00	Officer	$0	$0	$0
LEA GRIFFIN	TREASURER &	0.00	Officer	$0	$0	$0
NIGYAR GULIYEVA	DIRECTOR	0.00	Officer	$0	$0	$0
WILLIAM WELSER	OFFICER	8.00	Officer	$0	$0	$0
CHRISTINA XIA	DIRECTOR	0.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$52,035	No data	$52,035	No data