Civic Intelligence

Beneficial AI Foundation

EIN 88-4400777 • 501(c)3 • Wilmington, DE

Profile

Non-profit work to help ensure that artificial intelligence is beneficial

3640 Concord Pike 1158Wilmington, DE 19803-5022

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.37x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

1st percentile

-436%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$457,840

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 366.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-41%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-93%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$720,808

Down $509,489 (-41%) from 2023

Liabilities

Up

$46,192

Up $36,062 (+356%) from 2023

Net Assets

Down

$674,616

Down $545,551 (-45%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin1st percentile

Revenue

Down

$125,000

Down $1,740,000 (-93%) from 2023

Expenses

Up

$670,550

Up $26,541 (+4.1%) from 2023

Net Income

Down

-$545,550

Down $1,766,541 (-145%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2022: $0Liabilities 2022: $821Net Assets 2022: -$8212022Assets 2023: $1,230,297Liabilities 2023: $10,130Net Assets 2023: $1,220,1672023Assets 2024: $720,808Liabilities 2024: $46,192Net Assets 2024: $674,6162024

Highlighted filing

2024

Assets$720,808
Liabilities$46,192
Net Assets$674,616
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2022: $8212022Revenue 2023: $1,865,000Expenses 2023: $644,009Net Income 2023: $1,220,9912023Revenue 2024: $125,000Expenses 2024: $670,550Net Income 2024: -$545,5502024

Highlighted filing

2024

Revenue$125,000
Expenses$670,550
Net Income-$545,550
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$720,808
Liabilities
$46,192
Net assets
$674,616
Revenue
$125,000
Expenses
$670,550
Net income
-$545,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.05$0.67$0.13$0.67$0.55
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.01$1.22$1.87$0.64$1.22
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$125,000
Mission and Program Overview

Mission

Non-profit work to help ensure that artificial intelligence is beneficial

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,110,921$698,303▼ $412,618
Pledges and Grants Receivable$100,000$0▼ $100,000
Land, Buildings, and Equipment, Net$19,376$22,505▲ $3,129
Loans From Officers Directors$1,824$1,824→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,230,297$720,808▼ $509,489
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,306$44,368▲ $36,062
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,130$46,192▲ $36,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,220,167$674,617▼ $545,550
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,220,167$674,617▼ $545,550
Total Liabilities and Net Assets / Fund Balance$1,230,297$720,809▼ $509,488

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,505$6,531-
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Max TegmarkPresident and Treasurer
-Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$125,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$125,000
Change in Net Assets
$-545,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$125,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$125,000
Total Revenue per Form 990
$125,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$360,265
Other Expenses$310,285
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$360,265--$360,265
Occupancy$0$52,493$0$52,493
Travel$49,294$0$0$49,294
Conferences and Meetings$30,849$0$0$30,849
Fees for Services Accounting$0$30,108$0$30,108
All Other Expenses$13,545$516$0$14,061
Information Technology$6,282$0$0$6,282
Depreciation Depletion$0$5,147$0$5,147
Fees for Service Investment Mgmnt Fees$0$2,712$0$2,712
Fees for Services Legal$0$564$0$564
Total Functional Expenses$579,010$91,540$0$670,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$670,550
Total Expenses per Audited Statements$670,550
Total Expenses per Form 990$670,550
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of California BerkeleyLos Angeles, CA501(c)(3)Ai Safety Research Grant$210,238
Good Venture FoundationPalo Alto, CA501(c)(3)Ai Safety Research$150,027
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,824$1,824→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

“The two board members are married”

Part VI, Line 11A

“The companys bookkeeper reviews the form 990 with one of the board members. The board then meets to discuss and review the 990. Any questions are sent to the accountant and all board members sign off once all items are resolved.”

Part VI, Line 12C

“Ahead of any decision that could potentially be construed as a conflict of interest the board reviews it together with the conflict-of-interest policy and takes appropriate action”

Filing and Contact Details

Filer

Filer Name
Beneficial Ai Foundation
EIN
88-4400777
Phone
7813338813
Address
3640 CONCORD PIKE 1158, WILMINGTON, DE 19803-5022

Signing Officer

Name
Max Tegmark
Title
President
Phone
7813338813
Signed
2025-11-17

Organization Details

Principal Officer
Max Tegmark
Formed
2022
Legal Domicile
De
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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