Civic Intelligence

Aurelia Institute Inc

EIN 87-2812643 • 501(c)3 • Cambridge, MA

Profile

Aurelia institute, inc. (the organization") is a not-for-profit organization designed to develop the technologies, communities, and policies that will help scale humanity's horizons from early space stations in low earth orbit to the fullness of an interplanetary civilation.

486 Green StreetCambridge, MA 02139

aureliainstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.17x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-171%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$116,983

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

83rd percentile

27%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,944,362

Up $414,687 (+27%) from 2023

Liabilities

Up

$118,591

Up $52,509 (+79%) from 2023

Net Assets

Up

$1,825,771

Up $362,178 (+25%) from 2023

Revenue

Down

$704,141

Down $1,196,359 (-63%) from 2023

Expenses

Up

$1,905,812

Up $366,387 (+24%) from 2023

Net Income

Down

-$1,201,671

Down $1,562,746 (-433%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,155,648Liabilities 2022: $53,130Net Assets 2022: $1,102,5182022Assets 2023: $1,529,675Liabilities 2023: $66,082Net Assets 2023: $1,463,5932023Assets 2024: $1,944,362Liabilities 2024: $118,591Net Assets 2024: $1,825,7712024

Highlighted filing

2024

Assets$1,944,362
Liabilities$118,591
Net Assets$1,825,771

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2022: $1,900,000Expenses 2022: $797,482Net Income 2022: $1,102,5182022Revenue 2023: $1,900,500Expenses 2023: $1,539,425Net Income 2023: $361,0752023Revenue 2024: $704,141Expenses 2024: $1,905,812Net Income 2024: -$1,201,6712024

Highlighted filing

2024

Revenue$704,141
Expenses$1,905,812
Net Income-$1,201,671

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 14, 2025
Return Version
2023v6.0
Gross Receipts
$704,141
Mission and Program Overview

Mission

Aurelia institute, inc. Was designed to develop the technologies, communities and policies that will help scale humanity's horizon from early space stations in low earth orbit to the fullness of an interplanetary civilization.

Aurelia Institute, Inc. was desgined to develop the technologies, communities and policies that will help scale humanitys horizon from early space stations in low earth orbit to the fullness of an interplanetary civilation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,470$1,068,664▲ $1,066,194
Cash and Non-Interest-Bearing Accounts$1,502,091$763,724▼ $738,367
Accounts Receivable-$108,429-
Intangible Assets$23,412--
Land, Buildings, and Equipment, Net$1,702$3,545▲ $1,843
Total Assets$1,529,675$1,944,362▲ $414,687
Liabilities
Accounts Payable and Accrued Expenses$66,082$118,591▲ $52,509
Total Liabilities$66,082$118,591▲ $52,509
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,068,664-
Net Assets Without Donor Restrictions$1,463,593$757,107▼ $706,486
Total Net Assets Fund Balance$1,463,593$1,825,771▲ $362,178
Total Liabilities and Net Assets / Fund Balance$1,529,675$1,944,362▲ $414,687

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,545$15,061$18,606
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Danielle DelatteFormer COOFT$116,900$83$116,983
Sanjana SharmaChief DesignFT$110,011$4,473$114,484
Ariel EkblawCEO and Board ChairPT$112,869$83$112,952
Evan HilgemannSr Mechanical EngineerFT$109,698$2,980$112,678
Albert AntoscaChief Operating OfficerFT$105,003$35$105,038

Board Members and Trustees

NameTitle
Erika WagnerDirector
Raffi KrikorianDirector
Rob MeyersonDirector
Jeff WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$318,799
Program Service Revenue
$277,500
Investment Income
$48
Other Revenue
$107,794
All Other Contributions
$318,799
Change in Net Assets
$-1,201,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,002,451
Other Expenses$903,361
Total Fundraising Expense$41,221
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$448,643$146,492$30,986$626,121
Fees for Services Other$261,590$51,202-$312,792
Current Officers, Directors, Trustees, and Key Employees$57,776$181,048-$238,824
Travel$56,552$36,576$3,460$96,588
Fees for Services Accounting-$67,986-$67,986
Payroll Taxes$38,729$25,049$2,370$66,148
Pension Plan Contributions$27,357$17,694$1,674$46,725
Other Employee Benefits$14,423$9,328$882$24,633
Information Technology$9,013$5,829$552$15,394
All Other Expenses$5,000$6,648-$11,648
Insurance$5,094$3,295$312$8,701
Other Expenses$4,316$2,791$264$7,371
Depreciation Depletion$3,631$2,349$222$6,202
Occupancy$2,114$1,368$129$3,611
Total Functional Expenses$1,291,638$572,953$41,221$1,905,812
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ariel EkblawBoard ChairSee explanationNo$355,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The organization provides a draft of form 990 to the board of directors. The organization requests that each board member review the form 990 and approve it prior to the filing of form 990.

Conflict of interest policy compliance Part VI line 12C

The organization conducts periodic reviews of its operations to ensure they are consistent with its charitable purposes and it is not engaging in activities that could jeopardize its tax-exempt status. Further, it distributes the conflict of interest policy to directors, officers, and other key persons on an annual basis and such individuals are required to sign a statement indicating he/she has read the policy and agrees to comply with it. Directors are also advised of the conflict of interest policy at the commencement of the directors term of office.

CEO executive director top management comp Part VI line 15A

The organizations board reviews and approves the compensation or salary paid to all corporate officers, pursuant to the terms of the bylaws. When setting compensation for officers and employees, the organization takes into account their relevant experience, the amount and complexity of work the position requires,and compensation of employees performing similarfunctions at other research non-profits in the local area. Compensation of directors, officers and executives are reviewed to ensure no excess benefit under irc section 4958 exists. This review and any related decisions are documented in the board minutes.

Other officer or key employee compensation Part VI line 15B

The organizations board reviews and approves the compensation or salary paid to all corporate officers, pursuant to the terms of the bylaws. When setting compensation for officers and employees, the organization takes into account their relevant experience, the amount and complexity of work the position requires,and compensation of employees performing similarfunctions at other research non-profits in the local area. Compensation of directors, officers and executives are reviewed to ensure no excess benefit under irc section 4958 exists. This review and any related decisions are documented in the board minutes.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Aurelia Institute Inc
EIN
87-2812643
Address
486 Green Street, Cambridge, MA 02139

Signing Officer

Name
Ariel Ekblaw
Title
CEO and Board C
Phone
6178009247
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
12

Preparer

Firm
Melissa Gilroy CPA
Address
80 Greenacre Rd, Westwood, MA 02090
Preparer
Melissa Gilroy
Phone
7816964019
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

The organization outsources certain resources to provide consulting and contract services from persons with specialized skills.

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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Ariel Ekblaw
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board Chair
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0See explanation
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Ariel Ekblaw is the Board Chair of this Organization and is also the Founder and GP of Aurelia Foundry LLC. Aurelia Institute earns income from royalty income and service related income from Aurelia Foundry which amounted to $355,294 in fiscal 2024. Aurelia Foundry LLC does not control Aurelia Institute Inc.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0General Explanation Attachment
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES A DRAFT OF FORM 990 TO THE BOARD OF DIRECTORS. THE ORGANIZATION REQUESTS THAT EACH BOARD MEMBER REVIEW THE FORM 990 AND APPROVE IT PRIOR TO THE FILING OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONDUCTS PERIODIC REVIEWS OF ITS OPERATIONS TO ENSURE THEY ARE CONSISTENT WITH ITS CHARITABLE PURPOSES AND IT IS NOT ENGAGING IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FURTHER, IT DISTRIBUTES THE CONFLICT OF INTEREST POLICY TO DIRECTORS, OFFICERS, AND OTHER KEY PERSONS ON AN ANNUAL BASIS AND SUCH INDIVIDUALS ARE REQUIRED TO SIGN A STATEMENT INDICATING HE/SHE HAS READ THE POLICY AND AGREES TO COMPLY WITH IT. DIRECTORS ARE ALSO ADVISED OF THE CONFLICT OF INTEREST POLICY AT THE COMMENCEMENT OF THE DIRECTORS TERM OF OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS BOARD REVIEWS AND APPROVES THE COMPENSATION OR SALARY PAID TO ALL CORPORATE OFFICERS, PURSUANT TO THE TERMS OF THE BYLAWS. WHEN SETTING COMPENSATION FOR OFFICERS AND EMPLOYEES, THE ORGANIZATION TAKES INTO ACCOUNT THEIR RELEVANT EXPERIENCE, THE AMOUNT AND COMPLEXITY OF WORK THE POSITION REQUIRES,AND COMPENSATION OF EMPLOYEES PERFORMING SIMILARFUNCTIONS AT OTHER RESEARCH NON-PROFITS IN THE LOCAL AREA. COMPENSATION OF DIRECTORS, OFFICERS AND EXECUTIVES ARE REVIEWED TO ENSURE NO EXCESS BENEFIT UNDER IRC SECTION 4958 EXISTS. THIS REVIEW AND ANY RELATED DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS BOARD REVIEWS AND APPROVES THE COMPENSATION OR SALARY PAID TO ALL CORPORATE OFFICERS, PURSUANT TO THE TERMS OF THE BYLAWS. WHEN SETTING COMPENSATION FOR OFFICERS AND EMPLOYEES, THE ORGANIZATION TAKES INTO ACCOUNT THEIR RELEVANT EXPERIENCE, THE AMOUNT AND COMPLEXITY OF WORK THE POSITION REQUIRES,AND COMPENSATION OF EMPLOYEES PERFORMING SIMILARFUNCTIONS AT OTHER RESEARCH NON-PROFITS IN THE LOCAL AREA. COMPENSATION OF DIRECTORS, OFFICERS AND EXECUTIVES ARE REVIEWED TO ENSURE NO EXCESS BENEFIT UNDER IRC SECTION 4958 EXISTS. THIS REVIEW AND ANY RELATED DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION OUTSOURCES CERTAIN RESOURCES TO PROVIDE CONSULTING AND CONTRACT SERVICES FROM PERSONS WITH SPECIALIZED SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ariel Ekblaw
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO and Board C
ReturnHeader/BusinessOfficerGrp/PhoneNum06178009247
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Aurelia Institute Inc
ReturnHeader/Filer/BusinessNameControlTxt0AURE
ReturnHeader/Filer/EIN0872812643
ReturnHeader/Filer/USAddress/AddressLine1Txt0486 Green Street
ReturnHeader/Filer/USAddress/CityNm0Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002139

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