Nonprofit · EIN 92-0692207
FAR AI INC
Tax-exempt · SAN DIEGO, CA 92101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $24,293,765 | $8,602,996 | $15,690,769 | $23,022,514 | $562,647 | $22,459,867 |
| December 31, 2023 | 990 | $8,076,314 | $2,800,898 | $5,275,416 | $7,724,375 | $955,277 | $6,769,098 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,254,628
- Program service revenue
- $429,091
- Investment income
- $610,046
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,460,000
- Compensation of officers, directors and key employees
- $428,808
- Other salaries and wages
- $1,577,175
- Salaries, compensation and benefits (total)
- $2,264,469
- Professional fundraising fees
- $0
- Legal fees
- $99,913
- Accounting fees
- $68,644
- Occupancy
- $517,275
- Travel
- $576,049
- Depreciation
- $17,072
- Program services (functional)
- $7,517,383
- Management and general (functional)
- $1,085,613
Balance sheet and other
- Total assets, start of year
- $7,724,375
- Total assets, end of year
- $23,022,514
- Total liabilities, end of year
- $562,647
- Net assets, end of year
- $22,459,867
- Land, buildings and equipment
- $111,178
- Net assets without donor restrictions
- $7,662,208
- Net assets with donor restrictions
- $14,797,659
- Gross receipts
- $24,293,765
- Employees
- 22
- Volunteers
- 17
- Year formed
- 2022
- 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 | Other / benefits |
|---|---|---|---|---|
| ADAM GLEAVE | PRESIDENT/CEO Trustee or director, Officer | 40 | $229,331 | $8,273 |
| KARL BERZINS | CHIEF OPERATING OFFICER Key employee | 40 | $182,641 | $8,563 |
| CONOR MCGURK | FISCALLY SPONSORED PROJECT DIRECTOR Highest-paid employee | 40 | $155,885 | $8,080 |
| BENJAMIN GOLDHABER | DIRECTOR, FAR.LABS Highest-paid employee | 40 | $151,332 | $9,369 |
| ADRIA GARRIGA ALONSO | RESEARCH SCIENTIST Highest-paid employee | 40 | $135,623 | $8,432 |
| IAN MCKENZIE | RESEARCH ENGINEER Highest-paid employee | 40 | $135,342 | $5,956 |
| SAWYER BERNATH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LAWRENCE CHAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARL BERZINS | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $161,060 | $6,797 |
| ADAM GLEAVE | PRESIDENT/CEO Trustee or director, Officer | 40 | $143,628 | $6,428 |
| ADRIA GARRIGA ALONSO | RESEARCH SCIENTIST Highest-paid employee | 40 | $109,621 | $6,084 |
| SAWYER BERNATH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LAWRENCE CHAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 W BROADWAY STE 1540, SAN DIEGO, CA 92101-3770
- Principal officer (990 for 2024)
- ADAM GLEAVE, 501 W BROADWAY STE 1540, SAN DIEGO, CA 92101
- Signed the 990
- ADAM GLEAVE, CEO AND PRESIDENT
- Phone
- (707) 435-3451
- Website
- HTTPS://FAR.AI/
- Return prepared by
- Alta CPA Group
California records
California keeps its own records of charities and corporations. Search them by EIN 92-0692207 or by the name FAR AI INC.
- 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
FOUNDED IN 2022, FAR.AI, INC. IS A CALIFORNIA NON-PROFIT DEDICATED TO MAKING ADVANCED AI SAFE AND BENEFICIAL FOR EVERYONE. FAR.AI CONDUCTS AND SUPPORTS TECHNICAL AI RESEARCH, CONTINUED ON SCH O
Program accomplishments
- RESEARCH PROGRAMS FAR.AI CONDUCTS TECHNICAL RESEARCH TO ADDRESS FUNDAMENTAL ARTIFICIAL INTELLIGENCE AI SAFETY CHALLENGES. IN 2024 WE PUBLISHED 12 RESEARCH PAPERS WITH ACCEPTANCES AT LEADING VENUES SUCH AS THE INTERNATIONAL CONFERENCE ON LEARNING REPRESENTATIONS ICLR, THE INTERNATIONAL CONFERENCE ON MACHINE LEARNING ICML, AND THE NEURAL INFORMATION PROCESSING SYSTEMS CONFERENCE NEURIPS. WE PARTNERED WITH GOVERNMENT-LED AI SECURITY INITIATIVES AND CONDUCTED RED-TEAMING ENGAGEMENTS ON FRONTIER AI SYSTEMS. WE ALSO SUPPORTED EXTERNAL RESEARCHERS THROUGH COLLABORATIONS, MENTORSHIPS, AND/OR OPERATIONAL SUPPORT.Expenses $2,956,925
- RESEARCH HUB AND COWORKING SPACE FAR.AI OPERATED A COLLABORATIVE RESEARCH HUB IN BERKELEY, PROVIDING A DEDICATED COWORKING SPACE AND IN PERSON PROGRAMS FOR RESEARCHERS AND ORGANIZATIONS WORKING ON CORE AI SECURITY, SAFETY AND GOVERNANCE CHALLENGES. HOSTING 40 TO 50 MEMBERS, THE HUB FACILITATED KNOWLEDGE EXCHANGE THROUGH WEEKLY SEMINARS WHERE RESEARCHERS AND FOUNDERS PRESENTED THEIR WORK TO THE COMMUNITY AND RAN A TEAM-IN-RESIDENCE PROGRAM DESIGNED TO SUPPORT NEW ORGANIZATIONS IN THIS FIELD.Expenses $1,142,509
- EVENTS AND WORKSHOPS FAR.AI HOSTED AND FACILITATED TECHNICAL WORKSHOPS, MULTI-DAY CONVENINGS, AND COORDINATION EVENTS IN 2024. THESE INCLUDED LARGE-SCALE ALIGNMENT WORKSHOPS IN THE BAY AREA AND EUROPE, AS WELL AS SMALLER SPECIALIZED SESSIONS WITH RESEARCHERS, PRACTITIONERS, INDUSTRY PARTNERS, AND POLICYMAKERS. THESE EVENTS SUPPORTED COLLABORATION ON KEY TECHNICAL AND GOVERNANCE CHALLENGES IN CURRENT AND EMERGING AI SYSTEMS.Expenses $1,957,949
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
- 92-0692207
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U40)
- Assets (IRS master file)
- $23,022,514
- Income (IRS master file)
- $24,293,765
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $24,293,765 | $8,602,996 | $23,022,514 | IRS |
| 990 | December 2023 | $8,076,314 | $2,800,898 | $7,724,375 | XML |
| 990 | December 2022 | $1,507,686 | $14,052 | $1,493,634 | IRS |
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 92-0692207).
Questions about FAR AI INC
- What is the EIN of FAR AI INC?
- The employer identification number (EIN) of FAR AI INC is 92-0692207.
- Is FAR AI INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to FAR AI INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAR AI INC 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 FAR AI INC 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 FAR AI INC 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 FAR AI INC?
- The 990 for the year ended December 31, 2024 names ADAM GLEAVE.
- Who are the officers and directors of FAR AI INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $229,331 (ADAM GLEAVE, PRESIDENT/CEO).
- How much revenue does FAR AI INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $24,293,765, expenses of $8,602,996 and total assets of $23,022,514 at year end.
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