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Redwood Research Group Inc - Nonprofit Explorer - ProPublica
webprojects.propublica.org·projects.propublica.org/nonprofits/organizations/871702255
This is the ProPublica Nonprofit Explorer page for Redwood Research Group Inc, an AI safety research organization based in Berkeley, CA. It provides financial and governance transparency data relevant to understanding the organizational structure and funding of a key AI safety research lab.
Metadata
Importance: 25/100otherreference
Summary
This page provides IRS Form 990 financial data for Redwood Research Group Inc (Redwood Research), a 501(c)(3) AI safety research nonprofit based in Berkeley, CA. For fiscal year 2024, the organization reported $2.92M in expenses against only $22k in revenue, drawing down assets. Key personnel include CEO Michael Shlegeris and Chief Scientist Ryan Greenblatt.
Key Points
- •Redwood Research is a 501(c)(3) nonprofit focused on AI safety research, tax-exempt since September 2021.
- •FY2024 financials show $2.92M in expenses vs $22k revenue, with net assets of ~$6.5M, indicating grant-funded operations.
- •Key leadership includes CEO Michael Shlegeris ($272k compensation) and Chief Scientist Ryan Greenblatt ($315k compensation).
- •The organization is categorized under Science and Technology Research Institutes / Public Policy Analysis (NTEE).
- •Board includes notable AI safety figures such as Ajeya Cotra (through Aug 2024).
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Redwood Research | Organization | 78.0 |
14 FactBase facts citing this source
| Entity | Property | Value | As Of |
|---|---|---|---|
| Redwood Research | Revenue | $10.0 million | 2023 |
| Redwood Research | Net Assets | $8.3 million | 2023 |
| Redwood Research | Revenue | $22,060 | 2024 |
| Redwood Research | Net Assets | $6.5 million | 2024 |
| Redwood Research | Annual Expenses | $12.8 million | 2022 |
| Redwood Research | legal-identifier | 87-1702255 (EIN) | — |
| Redwood Research | Revenue | $13.9 million | 2021 |
| Redwood Research | Headcount | 34 | 2023 |
| Redwood Research | Net Assets | $10.9 million | 2022 |
| Redwood Research | Net Assets | $11.6 million | 2021 |
| Redwood Research | Annual Expenses | $2.9 million | 2024 |
| Redwood Research | Revenue | $12.0 million | 2022 |
| Redwood Research | Annual Expenses | $12.6 million | 2023 |
| Redwood Research | Annual Expenses | $2.3 million | 2021 |
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Redwood Research Group Inc - Nonprofit Explorer - ProPublica
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Redwood Research Group Inc
Redwood Research
Berkeley, CA
Tax-exempt since Sept. 2021
EIN: 87-1702255
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Organization summary
Type of Nonprofit
Designated as a 501(c)(3)
Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
Category :
Science and Technology Research Institutes, Services /
Research Institutes and/or Public Policy Analysis
(NTEE)
Donations to this organization are tax deductible.
Summary charts: organization finances over time
Revenue $22.1k (2024)
Expenses $2.92M (2024)
Total Assets $6.56M (2024)
Total Liabilities $63.2k (2024)
Source: Form 990 tax filings from 2021 to 2024
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS.
Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
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Fiscal Year Ending Dec.
2024
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$22,060
Expenses
$2,922,498
Net Income
-$2,900,438
Net Assets
$6,497,522
Notable Sources of Revenue
Percent of Total Revenue
Contributions
$9,659
43.8%
Program Services
$0
Investment Income
$0
Bond Proceeds
$0
Royalties
$0
Rental Property Income
$0
Net Fundraising
$0
Sales of Assets
$0
Net Inventory Sales
$0
Other Revenue
$12,401
56.2%
Notable Expenses
Percent of Total Expenses
Executive Compensation
$606,075
20.7%
Professional Fundraising Fees
$0
Other Salaries and Wages
$136,144
4.7%
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