Center for Technology Integrity FY2023 filing

Tax-deductible

Boston, MA501(c)(3)Science & TechnologyEIN 88-2375624Revenue $207K in FY2023

On file with the IRSPo Box 171536, 02117-3375 · Boston, MATax-exempt since Jun 2022Publicly supported charity — 170(b)(1)(A)(vi)

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The Center will create tools for the responsible design, development, and use of frontier technology.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$184K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $112K a year · 8% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$184K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
27 mo
of spending, in cash
Looks good: 26.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$207K
-94% vs prior year
Spent
$2.4M
To programs
95%
Net assets
$10.9M
By yearFY2022–FY2024
Revenue
$207K
FY2023▼ -94%
Tap a bar for its year
Revenue by fiscal year
FY2022$3.8M
FY2023$207K
FY2024$479K
Expenses
$2.4M
FY2023▲ ×90
Tap a bar for its year
Expenses by fiscal year
FY2022$27K
FY2023$2.4M
FY2024$1.6M
Net assets
$10.9M
FY2023▲ +194%
Tap a bar for its year
Net assets by fiscal year
FY2022$3.7M
FY2023$10.9M
FY2024$10.8M

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $2.3M Management & general 5% · $133K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $184K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director (thru. 10/23)
$169,994Pt VII · Sec A
Treasurer
$14,025Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Satwik Mishra’s $199K as Acting Executive Director is at the 94th percentile of top reported officer pay among 312 $100K–1M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023
Satwik Mishra$198,692—
Kay Firth-Butterfield—$169,994
Karen Gill$29,400$14,025

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops tools for responsible frontier technology design, development, and use.

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Provided by the organization

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1 program · $2.3M · in their own filed words · FY2023
01

The Center launched operations in 2022 to build an organization to promote the use of frontier technologies to foster trust in those technologies and create positive outcomes for people and planet.

$2.3Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Investment incomeLn 3$149K
Gifts and grantsLn 1h$58K
Money outPt IX
$2.4M
Ln 25
Programscol B$2.3M
Managementcol C$133K
Owns and owesPt X
$10.9M
net assets · Ln 32
Cash and savingsLn 1–2$5.4M
Total assetsLn 16$10.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$58K
Investment incomeLn 3$149K
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$5.3M
Cash and savings togetherLn 1–2$5.4M
Total assetsLn 16$10.9M
LiabilitiesLn 26$0
Net assetsLn 32$10.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.7M$5.4M
Total assetsLn 16$13.2M$10.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$13.2M$10.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$185K$166K$18K
Other salaries and wagesLn 7$122K$75K$46K
Pension plan contributionsLn 8$5K$4K$979
Other employee benefitsLn 9$13K$10K$3K
Payroll taxesLn 10$19K$15K$4K
Legal feesLn 11b$25K$25K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$25K$21K$4K
Office expensesLn 13$503$503
Information technologyLn 14$6K$6K
TravelLn 17$4K$4K$654
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$2.0M$2.0M
Total functional expensesLn 25$2.4M$2.3M$133K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $479K$1.6M−$1.2M$10.8M 990 PDF
FY2023 Viewing $207K$2.4M−$2.2M$10.9M 990 PDF
FY2022 $3.8M$27K$3.7M$3.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $207,215 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,750,000$58,252
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$148,963
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,750,000$207,215
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$342,819
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $27,001$2,084,793
I-18 Total expensesPrior year $27,001$2,427,612
I-19 Revenue less expensesPrior year $3,722,999−$2,220,397
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $207,215 across 4 lines filed
VIII-1f All other contributions, gifts and grants$58,252
VIII-1h Total contributions, gifts and grants$58,252
VIII-3 Investment incomeExcluded from tax $148,963$148,963
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $148,963$207,215
Part IX · Statement of functional expenses $2,427,612 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $166,166 · Management $18,462$184,628
IX-7 Other salaries and wagesPrograms $75,364 · Management $46,317$121,681
IX-8 Pension plan contributionsPrograms $3,684 · Management $979$4,663
IX-9 Other employee benefitsPrograms $10,450 · Management $2,778$13,228
IX-10 Payroll taxesPrograms $14,709 · Management $3,910$18,619
IX-11b Legal feesManagement $25,416$25,416
IX-11c Accounting feesManagement $16,325$16,325
IX-11g Other fees for servicesPrograms $20,800 · Management $4,364$25,164
IX-13 Office expensesManagement $503$503
IX-14 Information technologyManagement $5,545$5,545
IX-17 TravelPrograms $3,642 · Management $654$4,296
IX-23 InsuranceManagement $7,544$7,544
IX-24 Other expenses (24a–d)Programs $2,000,000$2,000,000
IX-25 Total functional expensesPrograms $2,294,815 · Management $132,797 · Fundraising $0$2,427,612
Part X · Balance sheet $10,936,979 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $3,723,179$131,589
X-2 Savings and temporary cash investments$5,302,941
X-3 Pledges and grants receivableStart of year $9,434,197$5,492,449
X-9 Prepaid expenses and deferred charges$10,000
X-16 Total assetsStart of year $13,157,376$10,936,979
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $13,157,376$10,936,979
X-32 Total net assets or fund balancesStart of year $13,157,376$10,936,979
X-33 Total liabilities and net assetsStart of year $13,157,376$10,936,979
Part XI · Reconciliation of net assets $10,936,979 net assets at year end
XI-1 Total revenue$207,215
XI-2 Total expenses$2,427,612
XI-3 Revenue less expenses−$2,220,397
XI-4 Net assets at start of year$13,157,376
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,936,979

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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