American Ai Forum
- Assets
- $280.3k
- Revenue
- $759.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Chicago, IL
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 84-1839493
Organization Overview
American Ai Forum is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (U01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Science & Technology and related organizations. As of 12/2021, American Ai Forum employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Ai Forum 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 12/2021, American Ai Forum generated $759.3k in total revenue. All expenses for the organization totaled $532.5k during the year ending 12/2021. While expenses have increased by 51.0% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AI EDUCATION PROJECT PROVIDES ENGAGING CURRICULUM TO HELP STUDENTS THRIVE IN THE AGE OF ARTIFICIAL INTELLIGENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AI EDUCATION PROJECT PROVIDES ENGAGING CURRICULUM TO HELP STUDENTS THRIVE IN THE AGE OF ARTIFICIAL INTELLIGENCE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ehrik Aldana Board Member | Trustee | 2 | $66,713 |
Alex Kotran President | OfficerTrustee | 2 | $36,907 |
Julie Brickell Secretary/treas | OfficerTrustee | 2 | $0 |
Marcus Brauchli Board Member | Trustee | 2 | $0 |
Karen Silverman Board Member | Trustee | 2 | $0 |
Tiffany Taylor Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $749,279 |
| Total Program Service Revenue | $10,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $759,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,620 |
| Compensation of current officers, directors, key employees. | $103,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,230 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,581 |
| Advertising and promotion | $3,276 |
| Office expenses | $3,709 |
| Information technology | $8,180 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,399 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,477 |
| Total functional expenses | $532,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,315 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $280,315 |
| Accounts payable and accrued expenses | $626 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $73,600 |
| Other liabilities | $0 |
| Total liabilities | $74,226 |
| Net assets without donor restrictions | $206,089 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $280,315 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Ai Forum has recieved totaling $220,819.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $105,761 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Sciences | $100,000 |
Ffwd San Francisco, CA PURPOSE: General Support | $15,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Responsible Technology Fairfield, IA | $705,152 | $382,637 |
American Ai Forum Chicago, IL | $280,315 | $759,279 |
Northern Illinois Bldg Contractors Construction Ind Advancement Fund Rockford, IL | $1,337,263 | $562,062 |
Will Grundy Construction Industry Advancement Trust Joliet, IL | $515,492 | $512,953 |
Construction Advancement Program Of Central Indiana Inc Indianapolis, IN | $2,597,874 | $720,783 |
Blockchain Institute Chicago, IL | $110,343 | $249,973 |
Chicago Council On Science Andtechnology Chicago, IL | $95,252 | $292,057 |
Quad-City Construction Industry Advancement Trust Rock Island, IL | $782,933 | $317,804 |
Missouri Construction Industry Advancement Fund Jefferson City, MO | $0 | $0 |
North American Plant Phenotyping Network Saint Louis, MO | $9,415 | $0 |