Nonprofit · EIN 87-1984527
HOFVARPNIR STUDIOS
Tax-exempt · BRIDGEPORT, CA 93517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $66,500 | $453,562 | -$387,062 | $572,247 | $0 | $572,247 |
| December 31, 2023 | 990 | $59,716 | $471,317 | -$411,601 | $959,309 | $0 | $959,309 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $66,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,071
- Depreciation
- $379,354
- Program services (functional)
- $453,562
Balance sheet and other
- Total assets, start of year
- $959,309
- Total assets, end of year
- $572,247
- Total liabilities, end of year
- $0
- Net assets, end of year
- $572,247
- Land, buildings and equipment
- $569,031
- Net assets without donor restrictions
- $572,247
- Gross receipts
- $66,500
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shauna Kravec | President & CEO Trustee or director, Officer | 0.5 | $0 |
| Nova DasSarma | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Tom Brown | Director Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shauna Kravec | President & CEO Trustee or director, Officer | 5 | $0 |
| Nova DasSarma | Treasurer Trustee or director, Officer | 5 | $0 |
| Tom Brown | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15, BRIDGEPORT, CA 93517-0015
- Mailing address (990-N for 2021)
- PO 15, Bridgeport CA 93517
- Principal officer (990 for 2024)
- Nova DasSarma, PO Box 15, Bridgeport, CA 935170015
- Principal officer (990-N for 2021)
- Shauna Kravec, PO 15, Bridgeport CA 93517
- Signed the 990
- Nova DasSarma, Treasurer
- Phone
- (619) 357-6633
- Website
- https://hofvarpnir.ai
- Return prepared by
- Tovella Dowling PC
California records
California keeps its own records of charities and corporations. Search them by EIN 87-1984527 or by the name HOFVARPNIR STUDIOS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
See Form 990, Part I, Line 1.
Program accomplishments
- During the reporting period, the organization continued to support academic AI safety research labs such as the Steinhardt Lab at UC Brkeley. Its expenditures were predominantly colocation and maintenance costs of the server hardware and related components purchased in the prior year to construct a compute cluster, which is utilized by the aforementioned AI safety research lab and dozens of independent researchers. The compute cluster empowered researchers who would otherwise not have the resources necessary to investigate complex neural networks that require substantial compute resources and publish works that advance the field of AI safety.Expenses $453,562
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1984527
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U41)
- Assets (IRS master file)
- $572,247
- Income (IRS master file)
- $66,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $66,500 | $453,562 | $572,247 | XML |
| 990 | December 2023 | $59,716 | $471,317 | $959,309 | XML |
| 990 | December 2022 | $1,443,540 | $85,217 | $1,370,910 | IRS |
| 990-N for 2021 Officer: Shauna Kravec | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1984527).
Questions about HOFVARPNIR STUDIOS
- What is the EIN of HOFVARPNIR STUDIOS?
- The employer identification number (EIN) of HOFVARPNIR STUDIOS is 87-1984527.
- Is HOFVARPNIR STUDIOS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to HOFVARPNIR STUDIOS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOFVARPNIR STUDIOS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOFVARPNIR STUDIOS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOFVARPNIR STUDIOS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOFVARPNIR STUDIOS?
- The 990 for the year ended December 31, 2024 names Nova DasSarma.
- Who are the officers and directors of HOFVARPNIR STUDIOS?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HOFVARPNIR STUDIOS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $66,500, expenses of $453,562 and total assets of $572,247 at year end.
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