Transparency Coalition Ai EIN 99-2618608 Form 990 (PDF) Claim this org

Transparency Coalition Ai FY2024 filing

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Researching and educating the public about generative AI's opportunities and risks. For fiscal year 2024 it reported $459K in revenue, $268K in expenses, and $191K in net assets.Pt I

Founded
2024
Type
Public charity (501(c)(3)) · Science & Technology
Location
Seattle, WA
Website
transparencycoalition.ai
Filings
2 on file (2024–2024)
Revenue
$459KFY2024
Expenses
$268K
Net assets
$191K
People
3
Filings
2
Updates
0
More identity details & actions ⌄
EIN  99-2618608 Public charity (501(c)(3)) Seattle, WA Founded 2024
Form 990 (PDF)
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Size
$100K–1M
What they do
Researching and educating the public about generative AI's opportunities and risks.
Leadership
Mysore Jaisimha · Secretary · $80K
Money in and out
$459K revenue, $268K expenses
Bottom line
69% program efficiency
Where the money goes · FY2024
Total revenue
$459K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$191K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $191K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.08 Fundraising $0.23
Program efficiency
69%
of spending reaches programs
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+42%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$459K
FY2024
Expenses
$268K
FY2024
Total assets
$215K
FY2024
Total liabilities
$24K
FY2024
Total revenue
$459K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$191K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$191K
Total assetsPt X · Ln 16$215K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $186K of program spending, described in the organization's own filed words · FY2024.
01

The organization was founded in april 2024. We gathered subject matter experts and expanded our ability to reach and inform policymakers in both parties in multiple states. We increased the information resources available on the website, WWW.TRANSPARENCYCOALITION.AI.

$186Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTransparency Coalition Ai
EINHdr · item D99-2618608
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jtransparencycoalition.ai
Year of formationHdr · item L2024
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U01)
Ruling yearIRS BMFMay 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$80,000Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Mysore Jaisimha’s $63K as Board Member Until 5/13/25 is at the 47th percentile of top reported officer pay among 310 $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

NameFY2025FY2024
Mysore Jaisimha$63,000$80,000
Yoko Miyashita$2,000
Christy Johnson$2,000

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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Statement of Revenue

Part VIII
Contributions & grants$435K · 95%
Other revenue$24K · 5%
Contributions & grants95%$435K
Other revenue5%$24K
Investment income$222
Total revenueLn 12$459K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.08 Fundraising $0.23
Program services69%$186K
Management & general8%$22K
Fundraising23%$61K
Total functional expensesLn 25$268K

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$215K
Total liabilitiesLn 26$24K
Total net assetsLn 32$191K
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $194K · Operating expenses/yr $268K
8.7 months
Where the money goes
Program services
Program services $186K · Total expenses $268K
69%
Management & General
Management & general $22K · Total expenses $268K
8%
Fundraising
Fundraising $61K · Total expenses $268K
23%
Cost to raise $1
Fundraising expense $61K · Solicited contributions $435K
$0.14 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $435K · Total revenue $459K
95%
Government reliance
Government grants — · Total revenue $459K
Earned-income share
Program service revenue $0 · Total revenue $459K
0%
Investment reliance
Investment income $222 · Total revenue $459K
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $268K
0%
Growth & trend
Revenue growth (YoY)
This year $459K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $191K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $459K · Expenses $268K
+42%
Liabilities-to-Assets
Total liabilities — · Total assets $215K
Net-asset ratio
Net assets $191K · Total assets $215K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $215K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mysore Jaisimha · Reported title SECRETARY · Highest reported compensation $80K · Total expenses $268K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80K · Total expenses $268K
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 8%
Fundraising cost ratio 14%
Legal fee ratio 4%
Accounting fee ratio 3%
Fundraising fee ratio 23%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$438K revenue · ⤓ 990 PDF
FY2024$459K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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