Undercurrent Inc
Undercurrent Inc is a public charity based in San Rafael, California. Its stated mission includes education and support for wild-animal, land, ocean, and other environmental protection programs.
Undercurrent Inc at a glance
In short: Undercurrent Inc reported $373K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $373,123 — reported as a total on the IRS filing, without an itemized list
- -2.0% vs 2024
- Total assets
- $213,322
- -0.4% vs 2024
- Revenue (2025)
- $590,125
- -3.2% vs 2024
- Net investment income (2025)
- $7,939
- -40.3% vs 2024
- Expenses (2025)
- $579,952
- -12.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Undercurrent Inc
- Contact
Mailing address: 4 Mliss Lane, San Rafael, CA 94901
Phone: (415) 461-3014
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Undercurrent Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $150K (2020) to $6.8M (2022). In 2025 it reported $373K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $213,322 | $590,125 | $579,952 | $373,123 | Total only | $7,939 |
| 2024 | $214,220 | $609,479 | $665,677 | $380,837 | Total only | $13,309 |
| 2023 | $270,730 | $454,388 | $1,405,841 | $1,184,378 | Total only | $918 |
| 2022 | $1,237,262 | $4,526,811 | $9,204,577 | $6,834,872 | Total only | $92,145 |
| 2021 | $5,890,053 | $8,348,585 | $4,732,654 | $4,538,200 | Total only | — |
| 2020 | $2,281,863 | $2,013,252 | $5,147,862 | $150,000 | 1 | $21,562 |
| 2019 | $5,408,259 | $3,414,305 | $5,527,156 | $5,319,210 | Total only | $111,208 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s stated mission is “education and supporting wild animal, land, ocean and other environmental protection programs.” Its program description emphasizes scuba-diving information, including safety, health, destinations, and news.
Grantmaking
The reported grant count was zero in each of the 2023, 2024, and 2025 filings. No grant amounts, typical grant size, grantees, or application process are specified.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists:
- Kenneth Smith — President
- Michael Smith — Secretary
- Neil Ostergaard — Treasurer
Undercurrent Inc is led by Kenneth Smith, President on every filing since 2019; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kenneth Smith
President
On filings since 2019
40 hrs/week
$44K (2019) → $68K (2025)
Michael H Smith
Secretary
On filings since 2019
1 hr/week
$500 (2019) → $0 (2025)
Neil Ostergaard
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $68K, to Kenneth Smith (President).
Frequently asked questions about Undercurrent Inc
How much does Undercurrent Inc give each year?
Undercurrent Inc reported $373K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $381K in grants paid.
How large is Undercurrent Inc?
Undercurrent Inc reported $213K in total assets on its 2025 IRS Form 990. Its revenue that year was $590K.
What does Undercurrent Inc fund?
The organization’s stated mission is “education and supporting wild animal, land, ocean and other environmental protection programs.” Its program description emphasizes scuba-diving information, including safety, health, destinations, and news. See mission & focus areas ↑
How do I apply for a grant from Undercurrent Inc?
Undercurrent Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Undercurrent Inc's EIN?
Undercurrent Inc's EIN (Employer Identification Number) is 20-1660757. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 27, 2021)
- Added Form 990 for fiscal year 2019 (received by the IRS June 19, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 1, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
Live grants for the work Undercurrent Inc funds
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Undercurrent Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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