Harik Shazeer Labs
- Assets
- $502.1k
- Revenue
- $740.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 26-3115543
Organization Overview
Harik Shazeer Labs is located in Palo Alto, CA. The organization was established in 2010. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harik Shazeer Labs is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Harik Shazeer Labs generated $740.0 in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $142.6k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARIK SHAZEER LABS (THE "FOUNDATION") IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE PRIMARY PURPOSES OF THE FOUNDATION ARE TO PERFORM FUNDAMENTAL RESEARCH IN THE FIELD OF ARTIFICIAL INTELLIGENCE, INCLUDING BY CONVENING CONFERENCES OF EXPERTS, AND TO MAKE THE RESULTS OF SUCH RESEARCH AVAILABLE TO THE PUBLIC ON A NONDISCRIMINATORY BASIS. RESEARCH RESULTS ARE MADE PUBLICLY AVAILABLE ON THE FOUNDATION'S WEBSITE, HTTPS://SITES.GOOGLE.COM/VIEW/WWW-HSLABS-ORG/HOME, AND ALL PROGRAMMING CODE ARE MADE AVAILABLE UNDER A COMMONLY-USED OPEN SOURCE LICENSE AND WILL BE FREELY AVAILABLE ON THE INTERNET. IN 2022, THE LAB CONTINUED ON ITS MISSION TO DO ARTIFICIAL INTELLIGENCE RESEARCH AND DISSEMINATE IT WIDELY. PLEASE SEE FURTHER EXPLANATION UNDER "GENERAL EXPLANATION" AT STATEMENT 7
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noam Shazeer President And Director | 1 | $0 | |
Georges Harik Secretary, Cfo, And Direct | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $740 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $740 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $120,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,359 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,466 |
| Total operating and administrative expenses | $142,640 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $142,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,124 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $502,124 |
| Accounts payable and accrued expenses | $2,535 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,535 |
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