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Far Ai Inc

EIN 92-0692207 · San Diego, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

FOUNDED IN 2022, FAR.AI, INC. IS A CALIFORNIA NON-PROFIT DEDICATED TO MAKING ADVANCED AI SAFE AND BENEFICIAL FOR EVERYONE. FAR.AI CONDUCTS AND SUPPORTS TECHNICAL AI RESEARCH, CONTINUED ON SCH O

Income
$24.3 million
Spending
$8.6 million
Spent on programs
87%
Reserves
10.5 months of spending
Largest source of income
donations and private grants, 96%
Employees
22
Volunteers
17
Highest pay
$237,604, president/ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 80% of charities in its peer group (science, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 10.5 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 65% of income.

  • Income trend

    15 of 15

    Income rose 201% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 22% of charities in its peer group (science, $10m to $100m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $3.0 million spent. RESEARCH PROGRAMS FAR.AI CONDUCTS TECHNICAL RESEARCH TO ADDRESS FUNDAMENTAL ARTIFICIAL INTELLIGENCE AI SAFETY CHALLENGES. IN 2024 WE PUBLISHED 12 RESEARCH PAPERS WITH ACCEPTANCES AT LEADING VENUES SUCH AS THE INTERNATIONAL CONFERENCE ON LEARNING REPRESENTATIONS ICLR, THE INTERNATIONAL CONFERENCE ON MACHINE LEARNING ICML, AND THE NEURAL INFORMATION PROCESSING SYSTEMS CONFERENCE NEURIPS. WE PARTNERED WITH GOVERNMENT-LED AI SECURITY INITIATIVES AND CONDUCTED RED-TEAMING ENGAGEMENTS ON FRONTIER AI SYSTEMS. WE ALSO SUPPORTED EXTERNAL RESEARCHERS THROUGH COLLABORATIONS, MENTORSHIPS, AND/OR OPERATIONAL SUPPORT.
  2. $1.1 million spent. RESEARCH HUB AND COWORKING SPACE FAR.AI OPERATED A COLLABORATIVE RESEARCH HUB IN BERKELEY, PROVIDING A DEDICATED COWORKING SPACE AND IN PERSON PROGRAMS FOR RESEARCHERS AND ORGANIZATIONS WORKING ON CORE AI SECURITY, SAFETY AND GOVERNANCE CHALLENGES. HOSTING 40 TO 50 MEMBERS, THE HUB FACILITATED KNOWLEDGE EXCHANGE THROUGH WEEKLY SEMINARS WHERE RESEARCHERS AND FOUNDERS PRESENTED THEIR WORK TO THE COMMUNITY AND RAN A TEAM-IN-RESIDENCE PROGRAM DESIGNED TO SUPPORT NEW ORGANIZATIONS IN THIS FIELD.
  3. $2.0 million spent. EVENTS AND WORKSHOPS FAR.AI HOSTED AND FACILITATED TECHNICAL WORKSHOPS, MULTI-DAY CONVENINGS, AND COORDINATION EVENTS IN 2024. THESE INCLUDED LARGE-SCALE ALIGNMENT WORKSHOPS IN THE BAY AREA AND EUROPE, AS WELL AS SMALLER SPECIALIZED SESSIONS WITH RESEARCHERS, PRACTITIONERS, INDUSTRY PARTNERS, AND POLICYMAKERS. THESE EVENTS SUPPORTED COLLABORATION ON KEY TECHNICAL AND GOVERNANCE CHALLENGES IN CURRENT AND EMERGING AI SYSTEMS.
  4. Program Service Expenses 1,460,000, Grants and allocations 1,460,000, Revenue 0 RESEARCH GRANTMAKING FAR.AI ADMINISTERED A TECHNICAL AI RESEARCH GRANTMAKING PROGRAM TO SUPPORT RESEARCH PROJECTS. IN 2024, WE FACILITATED GRANTS TOTALING 1.46 MILLION TO SUBGRANTEES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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