Altaseads Conservancy
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Develops and maintains seed banks for improved, non-GMO kelp crops, preventing gene flow to wild kelp. For fiscal year 2024 it reported $398K in revenue, $571K in expenses, and $1.1M in net assets.Pt I
Summary of the Filing
Where the work happens
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).
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…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Serguei Noujdine | $41,667 | $20,000 | — |
| Nina Noujdina | $40,000 | — | — |
| Nina Nouidina | — | $40,000 | — |
| Kevin Gaines | $21,469 | — | — |
| Krish Doraiswamy | — | $7,402 | — |
| Nina Noujdina | — | — | $6,667 |
| Serguei Noujdina | — | — | $3,333 |
| Charles Yarish | $1,200 | $600 | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 76% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 18% | — | — |
| Revenue growth | -72% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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