Nonprofit · EIN 99-3741664
ALGAE BLOOM CORP
Tax-exempt · BEE CAVE, TX 78738
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $52,035 | $0 | $52,035 | $52,035 | $0 | $52,035 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $52,000
- Program service revenue
- $0
- Investment income
- $35
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $52,035
- Total liabilities, end of year
- $0
- Net assets, end of year
- $52,035
- Net assets without donor restrictions
- $52,035
- Gross receipts
- $52,035
- Employees
- 0
- Year formed
- 2024
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CHALOM | DIRECTOR Officer | 0 | $0 |
| LEA GRIFFIN | TREASURER & Officer | 0 | $0 |
| NIGYAR GULIYEVA | DIRECTOR Officer | 0 | $0 |
| WILLIAM WELSER | OFFICER Officer | 8 | $0 |
| CHRISTINA XIA | DIRECTOR Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 12600 HILL COUNTRY BLVD STE R-130, BEE CAVE, TX 78738-7191
- In care of
- % BOX 186
- Principal officer (990 for 2024)
- WILLIAM WELSER, 12600 HILL COUNTRY BLVD STE R-130, BEE CAVE, TX 78738
- Signed the 990
- WILLIAM WELSER, OFFICER
- Phone
- (310) 345-9373
- Return prepared by
- CARR BERGLUND RINGGENBERG APAC
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 accomplishments
- (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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | No data |
IRS record
- EIN
- 99-3741664
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $52,035
- Income (IRS master file)
- $52,035
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ALGAE BLOOM CORP
- What is the EIN of ALGAE BLOOM CORP?
- The employer identification number (EIN) of ALGAE BLOOM CORP is 99-3741664.
- Is ALGAE BLOOM CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to ALGAE BLOOM CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALGAE BLOOM CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALGAE BLOOM CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALGAE BLOOM CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ALGAE BLOOM CORP?
- The 990 for the year ended December 31, 2024 names WILLIAM WELSER.
- Who are the officers and directors of ALGAE BLOOM CORP?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ALGAE BLOOM CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $52,035, expenses of $0 and total assets of $52,035 at year end.
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