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Farallon Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260467490 ✦ Petaluma, CA ✦ Designated as a 501(c)(3)

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Overview

What is Farallon Institute?

The Farallon Institute, located in Petaluma, California, is a nonprofit scientific research organization. Its primary mission is dedicated to the comprehensive understanding and preservation of healthy marine ecosystems. The Institute has undertaken various research projects, primarily focused on ecological changes in the Pacific Northwest, encompassing studies on marine birds, plankton in the Gulf of Alaska, and analyzing ecosystems for the benefit of the Northern California coastal area. These projects are funded by federal, state, and local governments, as well as charitable foundation grants. Notably, all findings and results of the Institute's projects are accessible to the public, ensuring their benefits reach a wide audience. The Institute currently employs 18 individuals in its mission to safeguard and advance our understanding of marine ecosystems.


Official website here: www.faralloninstitute.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Farallon Institute has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The overall score is based solely on this single beacon, emphasizing the organization's adherence to strong financial practices and governance policies. Their recent fiscal year performance demonstrates a solid commitment to ethical oversight, with no material diversion of assets reported.

Strengths highlighted include an independent board composition, with 80% of members being independent, and a robust audit and oversight committee. Additionally, the organization maintains comprehensive policies, including conflict of interest and whistleblower protections, ensuring transparency and ethical governance. A significant portion of their expenses—85.70%—is allocated towards their programs, indicating effective use of resources.

While the data is overwhelmingly positive, it's important for potential donors and stakeholders to continually assess the organization's ongoing impact and effectiveness in meeting its mission. The high program expense ratio is a strong indicator of their commitment to mission-driven work, but continued monitoring of their outcomes will be essential for sustained trust and support.


This AI summary has been generated from information found on Charity Navigator.

Is Farallon Institute legitimate?

Farallon Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farallon Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $279,136
Professional Fundraising Fees: $0
Other Salaries and Wages: $636,747

For more financial information, click here


Official website here: www.faralloninstitute.org

What is the mission statement of Farallon Institute?

The Farallon Institute is a scientific research organization dedicated to the understanding and preservation of healthy marine ecosystems. Its mission is centered on conducting and disseminating research findings to aid in the protection and conservation of marine environments. The Institute has undertaken various projects related to ecological changes, primarily focusing on marine birds, plankton in the Gulf of Alaska, and the analysis of ecosystems to support the Northern California coastal area. The Institute's research is funded by various entities, including federal, state, and local governments, as well as charitable foundation grants. All findings from the Institute's projects are made available to the public domain for the benefit of everyone.


Official website here: www.faralloninstitute.org

Who is the CEO of Farallon Institute?

Jeffrey Dorman Phd is the President of Farallon Institute.


Official website here: www.faralloninstitute.org

What is the revenue of Farallon Institute?

Farallon Institute's revenue in 2022 was $1,713,480.


Official website here: www.faralloninstitute.org

Who are the executives of Farallon Institute and what are their salaries?

The average compensation at Farallon Institute during 2022 was $50,882. There are 18 employees and 4 volunteers at Farallon Institute.


Here are 8 key members and their salaries:


William J Sydeman Phd (President)
  • Compensation: $155,395
  • Related: $0
  • Other: $14,138
Hope Millholland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Madonia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec D Maccall Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Mantua Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Dorman Phd (Executive Director)
  • Compensation: $104,000
  • Related: $0
  • Other: $1,000
Chelle White Phd (Senior Scientist)
  • Compensation: $245,000
  • Related: $0
  • Other: $1,000
Marisol Garcia Reyes (Principal Scientist)
  • Compensation: $111,979
  • Related: $0
  • Other: $6,418


Official website here: www.faralloninstitute.org

Where can I find the form 990 for Farallon Institute?

Farallon Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.faralloninstitute.org

Learn more at the official website: www.faralloninstitute.org

Mission Statement of Farallon Institute

The Farallon Institute, a scientific research organization, is committed to the comprehensive understanding and preservation of thriving marine ecosystems. With a mission that extends beyond mere research, this organization strives to safeguard the health and resilience of marine environments, particularly focusing on ecological changes in the Pacific Northwest.

Some of the research projects undertaken by the Farallon Institute include studying marine birds, analyzing plankton in the Gulf of Alaska, and evaluating ecosystems in support of the Northern California coastal area. These projects are funded by a variety of sources, including federal, state, and local governments, as well as charitable foundation grants. It is worth noting that all results of the Institute's research are held in the public domain, ensuring that the findings can benefit the general public.

In essence, the Farallon Institute serves as a beacon of knowledge and innovation in the realm of marine conservation. By conducting extensive research and making its findings publicly accessible, the organization contributes significantly to the global understanding of marine ecosystems and the development of strategies for their preservation.

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Impact




June, 2024

Farallon Institute conducts valuable scientific research dedicated to the understanding and preservation of healthy marine ecosystems. Through various research projects on ecological changes in the Pacific Northwest, including studies on marine birds, plankton in the Gulf of Alaska, and ecosystem analysis in Northern California, Farallon Institute contributes essential information to support the conservation of these vital marine environments. The institute's work is funded by federal, state, and local governments, as well as charitable foundation grants, ensuring the dissemination of their findings to the public for the benefit of all.




This information is meant to be a general summary of Farallon Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,713,480 (2022)
Expenses
$1,750,727 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $342
  • Program Service Revenue: $91,125
  • Gross Receipts: $1,713,480

Assets and Liabilities:

  • Total Assets: $337,258
  • Total Liabilities: $168,942
  • Net Assets: $168,316

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Revenue

Revenue

$91,125

Organization Details

Founding Year

2007

Principal Officer

Jeffrey Dorman Phd

Main Address

101 H Street Q, Petaluma, CA, 94952

NTEE Category

Code: C05 - Environment

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