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Nonprofit · EIN 99-3741664

ALGAE BLOOM CORP

Tax-exempt · BEE CAVE, TX 78738

Financials

$52K$02024
Revenue Expenses · by fiscal year end
Financials of ALGAE BLOOM CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$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.

NameTitleHours / weekCompensation
SARAH CHALOMDIRECTOR
Officer
0$0
LEA GRIFFINTREASURER &
Officer
0$0
NIGYAR GULIYEVADIRECTOR
Officer
0$0
WILLIAM WELSEROFFICER
Officer
8$0
CHRISTINA XIADIRECTOR
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024No 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

FormYear endedRevenueExpensesAssetsReturn
990December 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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