Totals
- Total revenue
- $4,906,643
- Total expenses
- $4,456,125
- Contributions and grants received
- $4,454,744
- Grants paid
- $1,021,425
- Program service revenue
- $0
- Investment income
- $44,713
- Other revenue
- $407,186
- Total assets, end of year
- $3,965,158
- Total liabilities, end of year
- $3,163,809
- Net assets or fund balances, end of year
- $801,349
- Program services expenses (Part IX)
- $3,916,448
- Management and general expenses
- $539,677
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,916,448
Program services were 87.9% 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.
-
1f · All other contributions, gifts and grants
$4,454,744
-
3 · Investment income
total $44,713 · excluded $44,713
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $363,915
-
6c · Rental income or loss
real property $363,915
-
6d · Net rental income or loss
total $363,915 · excluded $363,915
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc. Revenue
total $43,271 · excluded $43,271
-
11e · Other revenue, total
$43,271
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $27,575 · program services $27,575
-
2 · Grants to domestic individuals
total $571,844 · program services $571,844
-
3 · Grants to foreign organizations and individuals
total $422,006 · program services $422,006
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $155,445 · program services $124,356 · management and general $31,089
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $418,987 · program services $347,942 · management and general $71,045
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $112,581 · program services $32,312 · management and general $80,269
-
10 · Payroll taxes
total $47,239 · program services $38,840 · management and general $8,399
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $135,282 · management and general $135,282
-
11c · Fees: accounting
total $97,738 · management and general $97,738
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $62,851 · program services $19,106 · management and general $43,745
-
13 · Office expenses
total $133,357 · program services $133,357
-
14 · Information technology
total $57,133 · program services $48,563 · management and general $8,570
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,128,264 · program services $1,128,264
-
17 · Travel
total $183,061 · program services $178,261 · management and general $4,800
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $35,445 · management and general $35,445
-
23 · Insurance
total $0
-
24a · Other expenses: contractors
total $771,527 · program services $771,527
-
24b · Other expenses: meals & entertainment
total $76,209 · program services $72,495 · management and general $3,714
-
24c · Other expenses: misc expenses
total $19,581 · management and general $19,581
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,613,046 · end of year $2,917,146
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $1,840,000 · end of year $854,743
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $315,584 · end of year $4,393
-
10a · Land, buildings and equipment: cost or other basis
$243,143
-
10b · Land, buildings and equipment: accumulated depreciation
$54,267
-
10c · Land, buildings and equipment, net
beginning of year $219,346 · end of year $188,876
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $74,377 · end of year $14,690
-
18 · Grants payable
beginning of year $4,562,768 · end of year $3,149,119
-
27 · Net assets without donor restrictions
beginning of year $350,831 · end of year $801,349
Mission and programs · 2023
Mission
See Form 990, Part I, Line 1.
Activities or mission (Part I)
The organization's mission is to empower exceptional students to understand and improve the future by developing their analytical reasoning skills. Through fellowship programs, the organization aims to help students mitigate cognitive biases, build accurate beliefs, and apply evidence-based tools to address global challenges like poverty, existential risks, advanced AI risks, and economic reform. The core goal is to equip thoughtful young people with the ambition, community, and resources to discover and implement solutions to broken parts of our civilization.
-
In 2023, the organization ran 3 in-person programs of 9-11 days each, all held in Berkeley, CA. The programs hosted 88 exceptional students total, with each program ranging from 21 to 35 participants. Through intensive reasoning skill development and exposure to major global challenges, the programs aimed to empower youth and equip them with tools to drive positive change. Key impacts included improving participants' analytical abilities, boosting their confidence in generating worldwide impact, and acquainting them with pressing global issues they may help address. Additionally, the organization awarded scholarships and provided college advising to 99 selected fellows, while also granting smaller scholarships to 134 finalists. By investing in youth potential, the programs cultivate a community of thoughtful change-makers.
Expenses $3,883,873 · Grants $988,850
-
In 2023, the organization awarded strategic grants to support four mission-aligned initiatives focused on education, environmental science, and AI safety. The organization provided funding to support: (1) work to validate a digital school attendance tracking system, (2) development of an educational platform serving children and adolescents in Indonesia, (3) an environmental monitoring project in India that combines sensor network technology with data science to track and analyze air quality, and (4) general operating support to an organization dedicated to ensuring AI systems are developed and deployed in ways that are both trustworthy and beneficial to society.
Expenses $32,575 · Grants $32,575
As filed on the 2023 return.
Listed in Part VII
-
Jonas Vollmer -term end 4-2023
President
- Total calculated
- $96,070
- From this org
- $93,710
- From related orgs
- $0
- Other
- $2,360
- Hours/week
- 2
-
Ashley Lin -term beg 4-2023
Treasurer
- Total calculated
- $40,625
- From this org
- $40,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Sydney Von Arx -term beg 4-2023
Secretary
- Total calculated
- $18,750
- From this org
- $18,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Mark Xu -term end 4-2023
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Leopold Aschenbrenner -term beg 4-2
President
- Total calculated
- $0
- Hours/week
- 0.5
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
-
$11,375
general support
-
$11,200
general support
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403329349301720
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