Forecasting Research Institute

Tax-deductible

Claymont, DE501(c)(3)Since 2022Public & Societal BenefitEIN 92-0693558

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Improve the science of Forecasting for the public good.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $2.5M a year · 55% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$642K
to officers and key staff · 14% of spending
Top officer’s pay higher than 66% of similar orgs
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.3M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.3M
+201% vs prior year
Spent
$4.4M
To programs
85%
Net assets
$10.0M
By yearFY2022–FY2025
Revenue
$9.3M
FY2025▲ +201%
Revenue by fiscal year
FY2022$5.4M
FY2023$235K
FY2024$3.1M
FY2025$9.3M
Expenses
$4.4M
FY2025▲ +93%
Expenses by fiscal year
FY2022$320
FY2023$1.4M
FY2024$2.3M
FY2025$4.4M
Net assets
$10.0M
FY2025▲ +100%
Net assets by fiscal year
FY2022$5.4M
FY2023$4.2M
FY2024$5.0M
FY2025$10.0M

From the FY2025 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: FY2025. IRS ruling in Feb 2023.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $3.8M Management & general 14% · $637K Fundraising 1% · $32K

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

9 people listed on the 990; $642K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO & Treasurer
$188,689Pt VII · Sec A
Senior Research Manager
$136,625Pt VII · Sec A
Research Manager
$108,370Pt VII · Sec A
Senior Researcher
$104,306Pt VII · Sec A
Head of Operations & Secretary
$104,194Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Joshua Rosenberg’s $189K as CEO & Treasurer is at the 66th percentile of top reported officer pay among 731 $1–10M public & societal benefit 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023
Joshua Rosenberg$188,689$158,362$135,553
Bridget Williams$136,625——
Michael Page——$114,932
Edward Connacher Murphy$108,370——
Jordan Canedy$104,306——
Astrid Sorflaten$104,194$85,774$27,916
Tegan McCaslin——$73,389

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 15aNo

Programs and updates

Improves public decisions by developing and testing better forecasting methods.

Provided by the organization

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1 program · $3.8M · in their own filed words · FY2025
01

Fri designed and ran many scientific experiments and expert elicitation surveys, and published 8 academic papers and technical reports all available on fri's website. Research focuses include surveys of experts beliefs about development economics, bioweapon use, and risks from artificial intelligence.

$3.8Mprogram 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
Total grants receivedfrom 1 funder$1.3M
Grants paid · 4 grants · $175K · 2024–2025

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.3M
Ln 12
Gifts and grantsLn 1h$9.3M
Investment incomeLn 3$64K
Money outPt IX
$4.4M
Ln 25
Programscol B$3.8M
Managementcol C$637K
Fundraisingcol D$32K
Owns and owesPt X
$10.0M
net assets · Ln 32
Cash and savingsLn 1–2$832K
Total assetsLn 16$10.1M
LiabilitiesLn 26$28K
PeoplePt VI, VII
9
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.3M
Investment incomeLn 3$64K
Gains on assetsLn 7−$632
Total revenueLn 12$9.3M
Assets in detailPt X, end of year
CashLn 1$830K
SavingsLn 2$2K
Cash and savings togetherLn 1–2$832K
InvestmentsLn 11–13$3.2M
Other assetsLn 15$93K
Total assetsLn 16$10.1M
LiabilitiesLn 26$28K
Net assetsLn 32$10.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$425K$832K
InvestmentsLn 11–13$3.9M$3.2M
Total assetsLn 16$5.1M$10.1M
LiabilitiesLn 26$41K$28K
Net assetsLn 32$5.0M$10.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$145K$145K
Grants and assistance to foreign recipientsLn 3$17K$17K
Pay of current officers, directors and key staffLn 5$305K$244K$55K$5K
Other salaries and wagesLn 7$1.3M$1.0M$233K$22K
Pension plan contributionsLn 8$17K$14K$3K$291
Other employee benefitsLn 9$133K$107K$24K$2K
Payroll taxesLn 10$178K$143K$32K$3K
Accounting feesLn 11c$16K$14K$2K
Other fees for servicesLn 11g$1.9M$1.7M$185K
Office expensesLn 13$153K$109K$44K
Information technologyLn 14$158K$136K$22K
TravelLn 17$127K$109K$18K
Conferences, conventions and meetingsLn 19$34K$29K$5K
InsuranceLn 23$12K$2K$11K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$4.4M$3.8M$637K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $9.3M$4.4M$4.9M$10.0M 990 PDF
FY2024 $3.1M$2.3M$805K$5.0M 990 PDF
FY2023 $235K$1.4M−$1.2M$4.2M 990 PDF
FY2022 $5.4M$320$5.4M$5.4M 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $9,328,264 across 5 lines filed
VIII-1f All other contributions, gifts and grants$9,263,797
VIII-1h Total contributions, gifts and grants$9,263,797
VIII-3 Investment incomeExcluded from tax $65,099$65,099
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$632−$632
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $64,467$9,328,264
Part IX · Statement of functional expenses $4,429,518 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $145,290$145,290
IX-3 Grants and assistance to foreign recipientsPrograms $16,748$16,748
IX-5 Pay of current officers, directors and key staffPrograms $244,274 · Management $55,486 · Fundraising $5,157$304,917
IX-7 Other salaries and wagesPrograms $1,027,096 · Management $233,300 · Fundraising $21,684$1,282,080
IX-8 Pension plan contributionsPrograms $13,775 · Management $3,129 · Fundraising $291$17,195
IX-9 Other employee benefitsPrograms $106,683 · Management $24,233 · Fundraising $2,252$133,168
IX-10 Payroll taxesPrograms $142,596 · Management $32,389 · Fundraising $3,011$177,996
IX-11c Accounting feesPrograms $14,445 · Management $1,605$16,050
IX-11g Other fees for servicesPrograms $1,665,099 · Management $185,011$1,850,110
IX-13 Office expensesPrograms $108,680 · Management $44,390$153,070
IX-14 Information technologyPrograms $136,263 · Management $22,182$158,445
IX-17 TravelPrograms $108,919 · Management $17,731$126,650
IX-19 Conferences, conventions and meetingsPrograms $28,893 · Management $4,703$33,596
IX-23 InsurancePrograms $1,739 · Management $10,679$12,418
IX-24e All other expensesManagement $1,785$1,785
IX-25 Total functional expensesPrograms $3,760,500 · Management $636,623 · Fundraising $32,395$4,429,518
Part X · Balance sheet $10,072,595 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $274,831$830,177
X-2 Savings and temporary cash investmentsStart of year $149,952$1,545
X-3 Pledges and grants receivableStart of year $535,500$5,934,351
X-4 Accounts receivableStart of year $175$2,997
X-9 Prepaid expenses and deferred chargesStart of year $122,019$48,859
X-11 Publicly traded securitiesStart of year $3,346,674$3,133,864
X-12 Other securitiesStart of year $585,629$28,276
X-15 Other assetsStart of year $56,809$92,526
X-16 Total assetsStart of year $5,071,589$10,072,595
X-17 Accounts payable and accrued expensesStart of year $40,821$27,699
X-26 Total liabilitiesStart of year $40,821$27,699
X-27 Net assets without donor restrictionsStart of year $2,375,617$185,608
X-28 Net assets with donor restrictionsStart of year $2,655,151$9,859,288
X-32 Total net assets or fund balancesStart of year $5,030,768$10,044,896
X-33 Total liabilities and net assetsStart of year $5,071,589$10,072,595
Part XI · Reconciliation of net assets $10,044,896 net assets at year end
XI-1 Total revenue$9,328,264
XI-2 Total expenses$4,429,518
XI-3 Revenue less expenses$4,898,746
XI-4 Net assets at start of year$5,030,768
XI-5 Net unrealized gains (losses) on investments$115,382
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,044,896

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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