Farallon Institute

Tax-deductible

Petaluma, CA501(c)(3)Since 2007EnvironmentEIN 26-0467490Revenue $911K in FY2025

On file with the IRSfaralloninstitute.org101 H St Ste Q, 94952-5100 · Petaluma, CATax-exempt since Jul 2008Publicly supported charity — 170(b)(1)(A)(vi)

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Scientific research organization dedicated to the understanding and preservation of healthy marine ecosystems.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 5 volunteers and 10 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $77 a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$113K
to officers and key staff · 13% of spending
Top officer’s pay higher than 55% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $40K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$16K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$911K
-36% vs prior year
Spent
$879K
To programs
84%
Net assets
$186K
By yearFY2020–FY2025
Revenue
$911K
FY2025▼ -36%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.7M
FY2023$2.1M
FY2024$1.4M
FY2025$911K
Expenses
$879K
FY2025▼ -38%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.8M
FY2023$2.1M
FY2024$1.4M
FY2025$879K
Net assets
$186K
FY2025▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$223K
FY2021$206K
FY2022$168K
FY2023$152K
FY2024$154K
FY2025$186K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $739K Management & general 13% · $112K Fundraising 3% · $28K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $113K paid to officers and key staff.

Part VII, Section A · reportable compensation
$73,147Pt VII · Sec A
Executive Director
$39,813Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

William J Sydeman PHD’s $73K as President is at the 55th percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chelle White PHD——$116,375$245,000$225,000$155,833
William J Sydeman PHD$73,147$145,950$163,818$155,395$145,342$137,552
Marisol Garcia Reyes—$106,407$124,038$111,979——
Trond Kristiansen—$119,850$122,200———
Jeffrey Dorman PHD$39,813$92,869$108,767$104,000$65,400$59,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Studies and protects healthy ocean life and environments.

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Provided by the organization

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1 program · $739K · in their own filed words · FY2025
01

Conducted various research projects subject to ecological changes, specifically in the pacific northwest. Projects included studies on marine birds, plankton in the gulf of alaska, analysis of ecosystems information in support of the northern california coastal area.

$739Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$40K
See all 3 funders →
Grants paid · 18 grants · $1.1M · 2021–2025
University of WashingtonFY2025$55,725
The University of Rhode Island Office of Sponsored & Cost AcctgFY2025$31,132
University of MiamiFL · FY2025$29,686
University of WashingtonFY2024$56,916
University of MiamiFL · FY2024$47,302
The University of Rhode Island Office of Sponsored & Cost AcctgFY2024$7,138
University of WashingtonFY2023$196,291
University of MiamiFL · FY2023$84,457
The University of Rhode Island Officeof Sponsored & Cost AcctgFY2023$40,012
University of MiamiFL · FY2022$84,592
University of WashingtonFY2022$16,605
The University of Rhode Island Officeof Sponsored & Cost AcctgFY2022$5,817
University of MiamiFL · FY2021$78,189
University of WashingtonFY2021$64,642
The University of Rhode Island Officeof Sponsored & Cost AcctgFY2021$41,515

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$911K
Ln 12
Gifts and grantsLn 1h$740K
Fees for servicesLn 2g$169K
Investment incomeLn 3$1K
Money outPt IX
$879K
Ln 25
Programscol B$739K
Managementcol C$112K
Fundraisingcol D$28K
Owns and owesPt X
$186K
net assets · Ln 32
Cash and savingsLn 1–2$139K
Total assetsLn 16$202K
LiabilitiesLn 26$16K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$740K
Government grantsLn 1e$613K
Fees for servicesLn 2g$169K
Investment incomeLn 3$1K
Total revenueLn 12$911K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$134K
Cash and savings togetherLn 1–2$139K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1K
Total assetsLn 16$202K
LiabilitiesLn 26$16K
Net assetsLn 32$186K
OperationsPt I, VI
EmployeesI 510
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$34K$139K
Land, buildings, equipmentLn 10c$1K$0
Total assetsLn 16$191K$202K
LiabilitiesLn 26$37K$16K
Net assetsLn 32$154K$186K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$117K$117K
Pay of current officers, directors and key staffLn 5$127K$106K$16K$5K
Other salaries and wagesLn 7$410K$343K$51K$16K
Pension plan contributionsLn 8$8K$7K$1K$348
Other employee benefitsLn 9$23K$17K$4K$2K
Payroll taxesLn 10$35K$30K$5K$1K
Accounting feesLn 11c$24K$24K
Other fees for servicesLn 11g$70K$70K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$7K$5K$1K$147
OccupancyLn 16$28K$23K$4K$1K
TravelLn 17$16K$16K
Conferences, conventions and meetingsLn 19$326$326
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$4K$869$3K$41
Other expenses (24a–d)Ln 24$5K$455$2K$2K
Total functional expensesLn 25$879K$739K$112K$28K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $911K$879K$32K$186K 990 PDF
FY2024 $1.4M$1.4M$2K$154K 990 PDF
FY2023 $2.1M$2.1M−$16K$152K 990 PDF
FY2022 $1.7M$1.8M−$37K$168K 990 PDF
FY2021 $1.6M$1.6M−$18K$206K 990 PDF
FY2020 $1.5M$1.5M$37K$223K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $911,027 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,107,895$740,122
I-9 Program service revenuePrior year $310,884$169,427
I-10 Investment incomePrior year $609$1,478
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,419,388$911,027
I-13 Grants and similar amounts paidPrior year $113,380$116,543
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,059,297$603,848
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $244,402$158,421
I-18 Total expensesPrior year $1,417,079$878,812
I-19 Revenue less expensesPrior year $2,309$32,215
Part VI · Governance 4 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $911,027 across 6 lines filed
VIII-1e Government grants$613,417
VIII-1f All other contributions, gifts and grants$126,705
VIII-1h Total contributions, gifts and grants$740,122
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $169,427$169,427
VIII-3 Investment incomeExcluded from tax $1,478$1,478
VIII-12 Total revenueRelated to mission $169,427 · Unrelated business $0 · Excluded from tax $1,478$911,027
Part IX · Statement of functional expenses $878,812 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $116,543$116,543
IX-5 Pay of current officers, directors and key staffPrograms $105,830 · Management $16,164 · Fundraising $5,322$127,316
IX-7 Other salaries and wagesPrograms $342,832 · Management $50,928 · Fundraising $16,207$409,967
IX-8 Pension plan contributionsPrograms $6,920 · Management $1,057 · Fundraising $348$8,325
IX-9 Other employee benefitsPrograms $16,920 · Management $4,019 · Fundraising $1,887$22,826
IX-10 Payroll taxesPrograms $29,591 · Management $4,615 · Fundraising $1,208$35,414
IX-11c Accounting feesManagement $24,000$24,000
IX-11g Other fees for servicesPrograms $70,300$70,300
IX-12 Advertising and promotionPrograms $3,490$3,490
IX-13 Office expensesPrograms $5,277 · Management $1,119 · Fundraising $147$6,543
IX-16 OccupancyPrograms $23,329 · Management $3,941 · Fundraising $1,113$28,383
IX-17 TravelPrograms $15,836$15,836
IX-19 Conferences, conventions and meetingsPrograms $326$326
IX-22 Depreciation, depletion and amortizationManagement $1,142$1,142
IX-23 InsurancePrograms $869 · Management $2,971 · Fundraising $41$3,881
IX-24 Other expenses (24a–d)Programs $455 · Management $2,247 · Fundraising $1,818$4,520
IX-25 Total functional expensesPrograms $738,518 · Management $112,203 · Fundraising $28,091$878,812
Part X · Balance sheet $202,041 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $22,857$4,815
X-2 Savings and temporary cash investmentsStart of year $11,302$133,780
X-4 Accounts receivableStart of year $140,726$53,246
X-9 Prepaid expenses and deferred chargesStart of year $13,621$9,170
X-10c Land, buildings and equipment, netStart of year $1,142$0
X-15 Other assetsStart of year $1,030$1,030
X-16 Total assetsStart of year $190,678$202,041
X-17 Accounts payable and accrued expensesStart of year $36,535$15,683
X-26 Total liabilitiesStart of year $36,535$15,683
X-27 Net assets without donor restrictionsStart of year $149,143$168,137
X-28 Net assets with donor restrictionsStart of year $5,000$18,221
X-32 Total net assets or fund balancesStart of year $154,143$186,358
X-33 Total liabilities and net assetsStart of year $190,678$202,041
Part XI · Reconciliation of net assets $186,358 net assets at year end
XI-1 Total revenue$911,027
XI-2 Total expenses$878,812
XI-3 Revenue less expenses$32,215
XI-4 Net assets at start of year$154,143
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$186,358

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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