ALGAE BLOOM CORP

EIN: 993741664 501(c)(3) Education

BEE CAVE, TX

Total Revenue
$52,035
Total Expenses
N/A
Total Assets
$52,035
Net Assets
$52,035
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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
TX
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.

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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%)

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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

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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