Atlas Fellowship
- Assets
- $4.0m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Berkeley, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-1678673
Organization Overview
Atlas Fellowship is located in Berkeley, CA. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2023, Atlas Fellowship employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlas Fellowship 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 12/2023, Atlas Fellowship generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO EMPOWER EXCEPTIONAL STUDENTS TO UNDERSTAND AND IMPROVE THE FUTURE BY DEVELOPING THEIR ANALYTICAL REASONING SKILLS. THROUGH FELLOWSHIP PROGRAMS, THE ORGANIZATION AIMS TO HELP STUDENTS MITIGATE COGNITIVE BIASES, BUILD ACCURATE BELIEFS, AND APPLY EVIDENCE-BASED TOOLS TO ADDRESS GLOBAL CHALLENGES LIKE POVERTY, EXISTENTIAL RISKS, ADVANCED AI RISKS, AND ECONOMIC REFORM. THE CORE GOAL IS TO EQUIP THOUGHTFUL YOUNG PEOPLE WITH THE AMBITION, COMMUNITY, AND RESOURCES TO DISCOVER AND IMPLEMENT SOLUTIONS TO BROKEN PARTS OF OUR CIVILIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE ORGANIZATION RAN 3 IN-PERSON PROGRAMS OF 9-11 DAYS EACH, ALL HELD IN BERKELEY, CA. THE PROGRAMS HOSTED 88 EXCEPTIONAL STUDENTS TOTAL, WITH EACH PROGRAM RANGING FROM 21 TO 35 PARTICIPANTS. THROUGH INTENSIVE REASONING SKILL DEVELOPMENT AND EXPOSURE TO MAJOR GLOBAL CHALLENGES, THE PROGRAMS AIMED TO EMPOWER YOUTH AND EQUIP THEM WITH TOOLS TO DRIVE POSITIVE CHANGE. KEY IMPACTS INCLUDED IMPROVING PARTICIPANTS' ANALYTICAL ABILITIES, BOOSTING THEIR CONFIDENCE IN GENERATING WORLDWIDE IMPACT, AND ACQUAINTING THEM WITH PRESSING GLOBAL ISSUES THEY MAY HELP ADDRESS. ADDITIONALLY, THE ORGANIZATION AWARDED SCHOLARSHIPS AND PROVIDED COLLEGE ADVISING TO 99 SELECTED FELLOWS, WHILE ALSO GRANTING SMALLER SCHOLARSHIPS TO 134 FINALISTS. BY INVESTING IN YOUTH POTENTIAL, THE PROGRAMS CULTIVATE A COMMUNITY OF THOUGHTFUL CHANGE-MAKERS.
IN 2023, THE ORGANIZATION AWARDED STRATEGIC GRANTS TO SUPPORT FOUR MISSION-ALIGNED INITIATIVES FOCUSED ON EDUCATION, ENVIRONMENTAL SCIENCE, AND AI SAFETY. THE ORGANIZATION PROVIDED FUNDING TO SUPPORT: (1) WORK TO VALIDATE A DIGITAL SCHOOL ATTENDANCE TRACKING SYSTEM, (2) DEVELOPMENT OF AN EDUCATIONAL PLATFORM SERVING CHILDREN AND ADOLESCENTS IN INDONESIA, (3) AN ENVIRONMENTAL MONITORING PROJECT IN INDIA THAT COMBINES SENSOR NETWORK TECHNOLOGY WITH DATA SCIENCE TO TRACK AND ANALYZE AIR QUALITY, AND (4) GENERAL OPERATING SUPPORT TO AN ORGANIZATION DEDICATED TO ENSURING AI SYSTEMS ARE DEVELOPED AND DEPLOYED IN WAYS THAT ARE BOTH TRUSTWORTHY AND BENEFICIAL TO SOCIETY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonas Vollmer -Term End 4-2023 President | OfficerTrustee | 2 | $93,710 |
Ashley Lin -Term Beg 4-2023 Treasurer | OfficerTrustee | 0.5 | $40,625 |
Sydney Von Arx -Term Beg 4-2023 Secretary | OfficerTrustee | 0.5 | $18,750 |
Mark Xu -Term End 4-2023 Director | Trustee | 0.5 | $0 |
Leopold Aschenbrenner -Term Beg 4-2 President | OfficerTrustee | 0.5 | $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 | $4,454,744 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,454,744 |
| Total Program Service Revenue | $0 |
| Investment income | $44,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $363,915 |
| 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 | $4,906,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,575 |
| Grants and other assistance to domestic individuals. | $571,844 |
| Grants and other assistance to Foreign Orgs/Individuals | $422,006 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,445 |
| Compensation of current officers, directors, key employees. | $31,089 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,581 |
| Payroll taxes | $47,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135,282 |
| Fees for services: Accounting | $97,738 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $62,851 |
| Office expenses | $133,357 |
| Information technology | $57,133 |
| Royalties | $0 |
| Occupancy | $1,128,264 |
| Travel | $183,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,445 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,456,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,917,146 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $854,743 |
| 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 | $4,393 |
| Net Land, buildings, and equipment | $188,876 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,965,158 |
| Accounts payable and accrued expenses | $14,690 |
| Grants payable | $3,149,119 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,163,809 |
| Net assets without donor restrictions | $801,349 |
| 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 | $3,965,158 |
Grants Awarded
Over the last fiscal year, Atlas Fellowship has awarded $22,575 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAR AI INC PURPOSE: general support | $11,375 |
GIVEWELL PURPOSE: general support | $11,200 |