Redwood Research Group Inc
- Assets
- $14.0m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 38
- Location
- Berkeley, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-1702255
Organization Overview
Redwood Research Group 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. As of 12/2022, Redwood Research Group Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redwood Research Group 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 12/2022, Redwood Research Group Inc generated $12.0m 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 (6.9%) each year. All expenses for the organization totaled $12.8m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REDWOOD RESEARCH RESEARCHES TECHNIQUES FOR ALIGNING SUPERHUMAN MACHINE INTELLIGENCE. ADDITIONALLY, REDWOOD RESEARCH OPERATES A CO-WORKING SPACE, CONSTELLATION, FOR SIMILARLY MOTIVATED ORGANIZATIONS AND INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTELLATION - REDWOOD RESEARCH SETUP OUR PHYSICAL OFFICE SPACE KNOWN AS "CONSTELLATION". WE HOSTED A HANDFUL OF ORGANIZATIONS AND INDIVIDUALS WHO CO-WORKED AND COLLABORATED WITH REDWOOD RESEARCH STAFF. ADDITIONALLY, WE HOSTED COMMUNITY EVENTS, TALKS, AND MEALS FOR OUR CO-WORKING GROUPS.
AI RESEARCH - REDWOOD RESEARCH CONDUCTED RESEARCH ON AI INTERPRETABILITY AND ADVERSARIAL TRAINING TECHNIQUES. AS PART OF THE RESEARCH, WE PUBLISHED BLOG POSTS AND LAID THE FOUNDATION FOR RESEARCH PROJECTS.
MLAB - REDWOOD RESEARCH PREPARED FOR MLAB - MACHINE LEARNING FOR ALIGNMENT BOOTCAMP, ITS 1 MONTH TRAINING PROGRAM FOR UP AND COMING AI RESEARCHERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Thomas Chairperson/president | OfficerTrustee | 40 | $274,361 |
Holden Karnofsky Treasurer/cfo | OfficerTrustee | 2 | $0 |
Paul Christiano Secretary | OfficerTrustee | 2 | $0 |
Michael Shlegeris Cto | Officer | 40 | $273,567 |
William Zito COO | Officer | 40 | $274,370 |
James Bregan Head Of Constellation Operations | Officer | 40 | $234,234 |
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 | $11,974,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,974,000 |
| Total Program Service Revenue | $0 |
| 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 | $12,049,894 |
| 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. | $1,105,325 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,955,442 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $116,133 |
| Payroll taxes | $321,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $156,236 |
| Fees for services: Accounting | $56,577 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,260,055 |
| Advertising and promotion | $0 |
| Office expenses | $1,189,449 |
| Information technology | $1,385,692 |
| Royalties | $0 |
| Occupancy | $2,069,711 |
| Travel | $601,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $666 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,533 |
| Insurance | $13,125 |
| All other expenses | $7,130 |
| Total functional expenses | $12,759,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,044,554 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,801 |
| 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 | $168,868 |
| Net Land, buildings, and equipment | $566,095 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,230,780 |
| Total assets | $14,026,098 |
| Accounts payable and accrued expenses | $48,692 |
| 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 | $3,124,024 |
| Total liabilities | $3,172,716 |
| Net assets without donor restrictions | $10,853,382 |
| 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 | $14,026,098 |