Altruistic Technology Labs Inc
- Assets
- $181.4k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Berkeley, CA
- Founding
- Data as of
- 12/2021
- EIN
- 83-3572003
Organization Overview
Altruistic Technology Labs Inc is located in Berkeley, CA. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Altruistic Technology Labs Inc 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, Altruistic Technology Labs Inc generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $116.1k during the year ending 12/2021. 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
ALTLABS IS A RESEARCH NON-PROFIT INSTITUTION FOCUSED ON THE DEVELOPMENT AND ADVANCEMENT OF TECHNOLOGY FOR BIOSECURITY RISK REDUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR CURRENT WORK FOCUSES ON IMPROVING BIOSECURITY AND REDUCING THE RISKS FROM BIOLOGICAL THREATS. IN 2021, WE RAN A DATA SCIENCE COMPETITION AIMED AT ENHANCING THE ACCURACY OF TOOLS THAT COULD BE USED TO TRACE GENETICALLY ENGINEERED ORGANISMS BACK TO THEIR LAB-OF-ORIGIN, TO IMPROVE ACCOUNTABILITY AND TRANSPARENCY. THIS COMPETITION LED TO SIGNIFICANT IMPROVEMENTS IN STATE- OF-THE-ART TOOLS, AND HAS BEEN SUMMARIZED IN A MANUSCRIPT RECENTLY ACCEPTED FOR PUBLICATION IN NATURE COMMUNICATIONS. WE SEPARATELY PUBLISHED THE RESULTS OF INVESTIGATIONS CARRIED OUT INTERNALLY ON GENETIC ENGINEERING ATTRIBUTION, AND WE COORDINATED QUALITATIVE RESEARCH INTO THE LANDSCAPE OF TECHNOLOGIES THAT COULD HELP PROTECT AGAINST BIOLOGICAL THREATS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethan Alley Board Chair | OfficerTrustee | 0.25 | $0 |
Jacob Swett President | OfficerTrustee | 0.5 | $0 |
Chris Bakerlee Secretary & Treasurer | Officer | 7 | $0 |
Kevin Esvelt Director | Trustee | 0.25 | $0 |
Gregory Lewis Director | Trustee | 0.25 | $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 | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| 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 | $100,001 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,572 |
| Payroll taxes | $4,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,331 |
| Fees for services: Accounting | $5,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,007 |
| Advertising and promotion | $0 |
| Office expenses | $1,075 |
| Information technology | $15,258 |
| Royalties | $0 |
| Occupancy | $1,324 |
| Travel | $35 |
| 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 | $179 |
| Insurance | $2,903 |
| All other expenses | $600 |
| Total functional expenses | $116,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,738 |
| Savings and temporary cash investments | $10,000 |
| 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 | $1,422 |
| Net Land, buildings, and equipment | $283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,443 |
| Accounts payable and accrued expenses | $632 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $632 |
| Net assets without donor restrictions | $180,811 |
| 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 | $181,443 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pacific Neuroscience Institute Foundation Santa Monica, CA | $44,018,934 | $3,212,704 |
Institute Of Noetic Sciences Petaluma, CA | $8,537,832 | $4,201,204 |
Center For Humane Technology San Francisco, CA | $2,666,587 | $2,332,710 |
Berkeley Geochronology Center Berkeley, CA | $3,272,746 | $1,536,625 |
Redwood Research Group Inc Berkeley, CA | $14,523,608 | $13,904,248 |
Foundation For Psycho-Cultural Research Pacific Palisades, CA | $13,036,074 | $1,164,013 |
Technology For Global Security Oakland, CA | $990,141 | $1,457,910 |
Dryad Davis, CA | $1,117,045 | $1,122,775 |
Human Biomolecular Research San Diego, CA | $4,701,107 | $636,157 |
Oarc Inc Belmont, CA | $1,005,141 | $888,336 |
Scientific Being Research Foundation Inc San Diego, CA | $0 | $408,541 |
Larta Institute Los Angeles, CA | $3,232,560 | $530,097 |