2024-11-27T16:21:37-08:00 2023-12-31 872635810 Tovella Dowling PC 600 W Broadway Ste 660 San Diego San Diego CA 92101 990 2023-01-01 881678673 Atlas Fellowship Inc ATLA 7079085104 2150 Shattuck Ave Ste 1200 Berkeley CA 94704 Jonas Vollmer Executive Director 2024-11-27 true true Julie U Nguyen Esq P01881055 6199309332 2023 2024-10-15 13:58:12Z Jonas Vollmer 4906643 false X https://atlasfellowship.org X 2022 DE 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. 3 2 15 5 0 8428885 4454744 0 44713 33775 407186 8462660 4906643 6190518 1021425 0 170628 734252 0 0 1750683 2700448 8111829 4456125 350831 450518 4987976 3965158 4637145 3163809 350831 801349 See Form 990, Part I, Line 1. false false 3883873 988850 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. 32575 32575 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. 3916448 true true false false false false false false false false true false false false false true true false false false true true true false false false false true true false false false false false false false false false false false false false false false false false false true 59 0 true 15 true false false false false false false false 0 false false false false false false false X 3 2 false false false false false false false true true false false true true true true true true true true false CA X X Pilot 4157458101 PO Box 7775 86889 San Francisco CA 941207775 Jonas Vollmer -term end 4-2023 President 2.00 0.00 X X 93710 0 2360 Ashley Lin -term beg 4-2023 Treasurer 0.50 0.00 X X 40625 0 0 Sydney Von Arx -term beg 4-2023 Secretary 0.50 0.00 X X 18750 0 0 Mark Xu -term end 4-2023 Director 0.50 0.00 X 0 0 0 Leopold Aschenbrenner -term beg 4-2 President 0.50 0.00 X X 0 0 0 153085 2360 0 false false false 0 4454744 4454744 0 44713 44713 0 0 363915 363915 363915 363915 0 0 0 0 Misc. Revenue 43271 43271 43271 4906643 451899 27575 27575 571844 571844 422006 422006 0 155445 124356 31089 0 418987 347942 71045 0 112581 32312 80269 47239 38840 8399 0 135282 135282 97738 97738 0 0 0 0 62851 19106 43745 133357 133357 57133 48563 8570 0 1128264 1128264 183061 178261 4800 0 0 0 0 35445 35445 0 contractors 771527 771527 meals & entertainment 76209 72495 3714 misc expenses 19581 19581 0 4456125 3916448 539677 0 2613046 2917146 0 1840000 854743 0 0 0 0 0 315584 4393 243143 54267 219346 188876 0 0 0 0 0 4987976 3965158 74377 14690 4562768 3149119 4637145 3163809 X 350831 801349 350831 801349 4987976 3965158 450518 X true X true X true false X 8428885 4454744 12883629 0 0 8428885 4454744 12883629 0 12883629 3500 408628 412128 0 30275 43271 73546 13369303 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243143 54267 188876 188876 X 4906643 4906643 4906643 4456125 4456125 4456125 Part X : FIN48 Footnote The organization is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and comparable state law. Accordingly, no provision for income taxes is made in the financial statements. true East Asia and the Pacific 0 0 Grants to Recipients 71260 Europe 0 0 Grants to Recipients 231377 Central America & Carribean 0 0 Grants to recipients 8797 Middle East & North Africa 0 0 Grants to Recipients 11437 North America 0 0 Grants to Recipients 34912 Russia & Neighboring States 0 0 Grants to Recipients 40469 South America 0 0 Grants to Recipients 880 South Asia 0 0 Grants to Recipients 21994 Sub-Saharan Africa 0 0 Grants to Recipients 880 422006 422006 North America educational project 5000 elect trnsfr 1 Scholarships Central America & Ca 1 8797 elect trnsfr Scholarships East Asia & Pacific 18 71260 elect trnsfr Scholarships Europe 47 231377 elect trnsfr Scholarships Middle East & North 4 11437 elect trnsfr Scholarships North America 7 29912 elect trnsfr Scholarships Russia & Neighboring 10 40469 elect trnsfr Scholarships South America 1 880 elect trnsfr Scholarships South Asia 7 21994 elect trnsfr Scholarships Sub-Saharan Africa 1 880 elect trnsfr false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The organization implements robust monitoring procedures for both scholarships and grants to foreign organizations. For scholarships, prior to any disbursement, recipients must submit a request form detailing their intended use of funds, which is reviewed to verify alignment with eligible educational and professional development expenses. Within 30 days of receiving any disbursement, recipients must provide receipts or other documentation showing the scholarship funds were expended as described in the original request. All documentation is closely reviewed, and recipients must provide an explanation if funds were not used exactly as specified. To ensure timely oversight, recipients are required to request extensions if they cannot meet the 30-day documentation deadline. If proper documentation is still not provided, recipients may be required to return disbursed funds. Ongoing monitoring aims to guarantee that all awarded funds serve their intended purpose of empowering recipients educationally and professionally. For grants to foreign organizations, the organization executes written grant agreements to maintain expenditure responsibility. These agreements require grantees to submit periodic narrative and financial reports detailing use of grant funds. Grantees must also maintain accounting records related to the grant for at least 3 years and cooperate with any audits. The organization closely reviews these reports and records to monitor progress and ensure grant funds are used solely for agreed charitable purposes. Ongoing monitoring for both scholarships and grants aims to ensure awarded funds serve their intended charitable, educational, or scientific purpose. If inaccurate information is discovered, awards may be fully or partially rescinded. These procedures enable the organization to uphold accountability across all grant distributions. true FAR AI Inc 600 W Broadway Suite 660 San Diego CA 92101 920692207 501(c)(3) 11375 0 general support GiveWell 1714 Franklin Street 100335 Oakland CA 94612 208625442 501(c)(3) 11200 0 general support 2 0 scholarships to U.S. recipients 137 571844 Grantmaker's Description of How Grants are Used The organization implements robust monitoring procedures to ensure scholarship funds are used appropriately by recipients in accordance with the program's terms and conditions. Prior to any disbursement, recipients must submit a request form detailing their intended use of funds, which is reviewed to verify alignment with eligible educational and professional development expenses. Within 30 days of receiving any disbursement, recipients must provide receipts or other documentation showing the scholarship funds were expended as described in the original request. All documentation is closely reviewed, and recipients must provide an explanation if funds were not used exactly as specified. To ensure timely oversight, recipients are required to request extensions if they cannot meet the 30-day documentation deadline. If proper documentation is still not provided, recipients may be required to return disbursed funds. Ongoing monitoring aims to guarantee that all awarded funds serve their intended purpose of empowering recipients educationally and professionally. If inaccurate information is discovered, scholarships may be fully or partially rescinded. These procedures enable the organization to uphold its charitable objectives and maintain accountability over scholarship expenditures. Form 990, Part VI, Section B, Line 11b A copy of the Form 990 was provided to the officers and directors for review and comment prior to filing. Form 990, Part VI, Section B, Line 12c Upon engagement, election, or hiring, directors, officers, and key employees agree to comply with the conflict of interest policy and to disclose any conflicts of interest, which are then handled in accordance with the policy. Form 990, Part VI, Section B, Line 15a It is the organization's policy that compensation of any director, officer, or key employee is reasonable. Reasonableness of compensation to such individuals exceeding a certain amount requires a compensation survey detailing relevant comparability data prior to review and written resolution by a disinterested board approving the decision. Form 990, Part VI, Section B, Line 15b See response to Form 990, Part VI, Line 15a. Form 990, Part VI, Section C, Line 18 The organization's Form 1023 and Form 990 returns are accessible to the public through the California Attorney General Charities Registry. The organization can also make such documents available upon written request. Form 990, Part VI, Section C, Line 19 Documents subject to public disclosure or inspection are accessible through the California Attorney General Charities Registry or can be made available upon written request to the organization. The organization is requesting abatement of late filing penalties for Form 990 based on reasonable cause. The delay was beyond the organization's control, stemming from complex reconciliations of grants receivables and scholarship payables for 2022 and 2023 during the annual audit by an independent CPA firm. These accounting complexities directly impacted the organization's ability to file timely, as accurate audited financial statements are necessary for Form 990 reporting. The organization has filed its prior return timely, with this being a one-time incident. The audited financial statements were not finalized until after the extended filing deadline, and the organization filed Form 990 immediately upon receiving the completed audit. Having exercised ordinary business care and prudence throughout the process, this demonstrates reasonable cause and the absence of willful neglect.