Totals
- Total revenue
- $7,558,411
- Total expenses
- $1,569,299
- Contributions and grants received
- $7,479,063
- Grants paid
- $0
- Program service revenue
- $53,536
- Investment income
- $25,812
- Other revenue
- $0
- Total assets, end of year
- $6,052,544
- Total liabilities, end of year
- $63,432
- Net assets or fund balances, end of year
- $5,989,112
- Program services expenses (Part IX)
- $1,119,023
- Management and general expenses
- $396,364
- Fundraising expenses
- $53,912
- Program service expenses (Part III)
- $1,119,023
Program services were 71.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$14,972
-
1f · All other contributions, gifts and grants
$7,464,091
-
2a · Program service revenue: CONSULTING FEE INCOME
total $53,536 · related or exempt $53,536
-
3 · Investment income
total $25,812 · excluded $25,812
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $96,397 · program services $63,481 · management and general $27,893 · fundraising $5,023
-
7 · Other salaries and wages
total $654,257 · program services $431,007 · management and general $189,128 · fundraising $34,122
-
8 · Pension plan contributions
total $13,978 · program services $5,031 · management and general $8,937 · fundraising $10
-
9 · Other employee benefits
total $30,045 · program services $10,814 · management and general $19,209 · fundraising $22
-
10 · Payroll taxes
total $66,276 · program services $43,569 · management and general $18,953 · fundraising $3,754
-
11b · Fees: legal
total $21,938 · management and general $21,938
-
11c · Fees: accounting
total $40,250 · management and general $40,250
-
11g · Fees: other
total $371,105 · program services $336,559 · management and general $32,861 · fundraising $1,685
-
13 · Office expenses
total $3,822 · program services $3,100 · management and general $722
-
14 · Information technology
total $10,277 · program services $910 · management and general $9,367
-
16 · Occupancy
total $111,484 · program services $111,484
-
17 · Travel
total $45,555 · program services $22,818 · management and general $17,675 · fundraising $5,062
-
19 · Conferences, conventions and meetings
total $8,175 · program services $3,941 · fundraising $4,234
-
22 · Depreciation, depletion and amortization
total $2,245 · program services $697 · management and general $1,548
-
23 · Insurance
total $6,252 · management and general $6,252
-
24a · Other expenses: LAB SAMPLES
total $36,045 · program services $36,045
-
24b · Other expenses: EQUIPMENT
total $25,977 · program services $25,977
-
24c · Other expenses: SUPPLIES
total $23,613 · program services $23,590 · management and general $23
-
24d · Other expenses: TRAINING
total $1,608 · management and general $1,608
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $470,068
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $391,836
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $3,546
-
10a · Land, buildings and equipment: cost or other basis
$13,528
-
10b · Land, buildings and equipment: accumulated depreciation
$2,246
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $11,282
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $5,175,812
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $63,432
-
27 · Net assets without donor restrictions
end of year $5,989,112
Mission and programs · 2024
Mission
TO PROTECT THE NATURAL ENVIRONMENT BY STRATEGICALLY RESEARCHING THE SAFETY AND EFFICACY OF OCEAN ALKALINITY ENHANCEMENT ("OAE")-BASED CARBON DIOXIDE REMOVAL TECHNIQUES AND DISSEMINATE THE RESULTS OF SUCH RESEARCH TO ACCELERATE RESPONSIBLE CARBON DIOXIDE REMOVAL AND CLIMATE IMPACT AT SCALE.
-
CONDUCT INDEPENDENT SCIENCE ON MINERAL-BASED OAE THROUGH (I) DEVELOPMENT OF RESEARCH PROTOCOLS AND SAFETY FRAMEWORKS, (II) INITIATION OF COLLABORATIVE STUDIES AND CONTRACTING WITH RESEARCH PARTNERS, AND (III) DISSEMINATION OF RESULTS AND LEARNINGS TO THE SCIENTIFIC COMMUNITY AND PUBLIC.
Expenses $1,119,023 · Revenue $53,536
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ANTONIUS GAGERN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN TIDWELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MARGARET ANDREWS
EXECUTIVE DIRECTOR
- Total calculated
- $96,398
- From this org
- $96,320
- From related orgs
- $0
- Other
- $78
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543019349300334
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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