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

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 17 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · 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
3 of 3
filings with a surplus
Average surplus $7.5M a year · 66% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$990K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
27 mo
of spending, in cash
Looks good: 27.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $16.2M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$563K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 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
$24.3M
+201% vs prior year
Spent
$8.6M
To programs
87%
Net assets
$22.5M
By yearFY2022–FY2024
Revenue
$24.3M
FY2024▲ +201%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.5M
FY2023$8.1M
FY2024$24.3M
Expenses
$8.6M
FY2024▲ +207%
Tap a bar for its year
Expenses by fiscal year
FY2022$14K
FY2023$2.8M
FY2024$8.6M
Net assets
$22.5M
FY2024▲ +232%
Tap a bar for its year
Net assets by fiscal year
FY2022$1.5M
FY2023$6.8M
FY2024$22.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2020.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $7.5M Management & general 13% · $1.1M

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

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

Part VII, Section A · reportable compensation
President/CEO
$229,331Pt VII · Sec A
Chief Operating Officer
$182,641Pt VII · Sec A
Fiscally Sponsored Project Director
$155,885Pt VII · Sec A
Director, Far.labs
$151,332Pt VII · Sec A
Research Scientist
$135,623Pt VII · Sec A
Research Engineer
$135,342Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Adam Gleave’s $229K as President/CEO is at the 15th percentile of top reported officer pay among 139 $10–100M 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 · 6 named individuals · Part VII

NameFY2024FY2023
Adam Gleave$229,331$143,628
Karl Berzins$182,641$161,060
Conor McGurk$155,885—
Benjamin Goldhaber$151,332—
Adria Garriga Alonso$135,623$109,621
Ian McKenzie$135,342—

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 and supports research to make advanced AI safe and beneficial for everyone.

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Provided by the organization

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3 programs · $6.1M · in their own filed words · FY2024
01

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…

$3.0Mprogram expense
02

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.

$2.0Mprogram expense
03

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.

$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 1 grant · $45K · 2023–2023
Unitemized GrantFY2023$45,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$24.3M
Ln 12
Gifts and grantsLn 1h$23.3M
Investment incomeLn 3$610K
Fees for servicesLn 2g$429K
Money outPt IX
$8.6M
Ln 25
Programscol B$7.5M
Managementcol C$1.1M
Owns and owesPt X
$22.5M
net assets · Ln 32
Cash and savingsLn 1–2$19.4M
Total assetsLn 16$23.0M
LiabilitiesLn 26$563K
PeoplePt VI, VII
8
listed · VII A
PaidVII A6
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23.3M
Fees for servicesLn 2g$429K
Investment incomeLn 3$610K
Total revenueLn 12$24.3M
Assets in detailPt X, end of year
SavingsLn 2$19.4M
Cash and savings togetherLn 1–2$19.4M
Land, buildings, equipmentLn 10c$111K
Other assetsLn 15$398K
Total assetsLn 16$23.0M
LiabilitiesLn 26$563K
Net assetsLn 32$22.5M
OperationsPt I, VI
EmployeesI 522
VolunteersI 617
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 FY24End FY24
Cash and savingsLn 1–2$7.2M$19.4M
Land, buildings, equipmentLn 10c$72K$111K
Total assetsLn 16$7.7M$23.0M
LiabilitiesLn 26$955K$563K
Net assetsLn 32$6.8M$22.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$1.5M$1.5M
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$429K$332K$97K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.6M$1.2M$356K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$99K$77K$22K
Payroll taxesLn 10$159K$123K$36K
Management feesLn 11a$0
Legal feesLn 11b$100K$33K$67K
Accounting feesLn 11c$69K$22K$46K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$973K$713K$260K
Advertising and promotionLn 12$38K$10K$28K
Office expensesLn 13$213K$126K$88K
Information technologyLn 14$1.9M$1.9M$2K
RoyaltiesLn 15$0
OccupancyLn 16$517K$517K$244
TravelLn 17$576K$526K$50K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$16K$5K$11K
Other expenses (24a–d)Ln 24$434K$428K$6K
All other expensesLn 24e$0
Total functional expensesLn 25$8.6M$7.5M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $24.3M$8.6M$15.7M$22.5M 990 PDF
FY2023 $8.1M$2.8M$5.3M$6.8M 990 PDF
FY2022 $1.5M$14K$1.5M$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $24,293,765 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,648,387$23,254,628
I-9 Program service revenuePrior year $339,412$429,091
I-10 Investment incomePrior year $86,470$610,046
I-11 Other revenuePrior year $2,045$0
I-12 Total revenuePrior year $8,076,314$24,293,765
I-13 Grants and similar amounts paidPrior year $45,000$1,460,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $932,868$2,264,469
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,823,030$4,878,527
I-18 Total expensesPrior year $2,800,898$8,602,996
I-19 Revenue less expensesPrior year $5,275,416$15,690,769
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
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 $24,293,765 across 5 lines filed
VIII-1f All other contributions, gifts and grants$23,254,628
VIII-1h Total contributions, gifts and grants$23,254,628
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $429,091$429,091
VIII-3 Investment incomeExcluded from tax $610,046$610,046
VIII-12 Total revenueRelated to mission $429,091 · Excluded from tax $610,046$24,293,765
Part IX · Statement of functional expenses $8,602,996 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $1,460,000$1,460,000
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $332,129 · Management $96,679$428,808
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,221,586 · Management $355,589$1,577,175
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $76,811 · Management $22,359$99,170
IX-10 Payroll taxesPrograms $123,397 · Management $35,919$159,316
IX-11a Management fees$0
IX-11b Legal feesPrograms $32,550 · Management $67,363$99,913
IX-11c Accounting feesPrograms $22,363 · Management $46,281$68,644
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $713,150 · Management $259,720$972,870
IX-12 Advertising and promotionPrograms $9,641 · Management $28,308$37,949
IX-13 Office expensesPrograms $125,698 · Management $87,733$213,431
IX-14 Information technologyPrograms $1,924,102 · Management $1,719$1,925,821
IX-15 Royalties$0
IX-16 OccupancyPrograms $517,031 · Management $244$517,275
IX-17 TravelPrograms $526,183 · Management $49,866$576,049
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $17,072$17,072
IX-23 InsurancePrograms $4,659 · Management $11,072$15,731
IX-24 Other expenses (24a–d)Programs $428,083 · Management $5,689$433,772
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $7,517,383 · Management $1,085,613 · Fundraising $0$8,602,996
Part X · Balance sheet $23,022,514 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $7,194,234$19,403,689
X-4 Accounts receivableStart of year $211,253$3,081,739
X-9 Prepaid expenses and deferred chargesStart of year $722$20,330
X-10c Land, buildings and equipment, netStart of year $72,060$111,178
X-14 Intangible assetsStart of year $10,141$7,605
X-15 Other assetsStart of year $235,965$397,973
X-16 Total assetsStart of year $7,724,375$23,022,514
X-17 Accounts payable and accrued expensesStart of year $90,267$185,964
X-25 Other liabilitiesStart of year $447,731$376,683
X-26 Total liabilitiesStart of year $955,277$562,647
X-27 Net assets without donor restrictionsStart of year $5,343,146$7,662,208
X-28 Net assets with donor restrictionsStart of year $1,425,952$14,797,659
X-32 Total net assets or fund balancesStart of year $6,769,098$22,459,867
X-33 Total liabilities and net assetsStart of year $7,724,375$23,022,514
Part XI · Reconciliation of net assets $22,459,867 net assets at year end
XI-1 Total revenue$24,293,765
XI-2 Total expenses$8,602,996
XI-3 Revenue less expenses$15,690,769
XI-4 Net assets at start of year$6,769,098
XI-10 Net assets at end of year$22,459,867

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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