Civic Intelligence

Fathom AI Inc.

EIN 93-4840479 • 501(c)3 • San Francisco, CA

Pub. 78 Eligible990-N Coverage

Profile

Fathom ai's mission is to find, build and scale innovative governance solutions for ai that foster public trust in ai, while unleashing the power of american innovation.

447 Sutter St Ste 405 290San Francisco, CA 94108

Siviq Scores

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

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Higher net margin than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet

Liabilities / Assets45th percentile

Assets

$7,275,611

No earlier filing loaded for comparison.

Liabilities

$979,954

No earlier filing loaded for comparison.

Net Assets

$6,295,657

No earlier filing loaded for comparison.

Operations

Liabilities / Revenue28th percentile Net Margin90th percentile

Revenue

$12,128,490

No earlier filing loaded for comparison.

Expenses

$5,832,833

No earlier filing loaded for comparison.

Net Income

$6,295,657

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

Highlighted filing

2024

Assets$7,275,611

Liabilities$979,954

Net Assets$6,295,657

Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

Highlighted filing

2024

Revenue$12,128,490

Expenses$5,832,833

Net Income$6,295,657

Open 2024 Filing

Filings

Most recent year

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

Assets: $7,275,611
Liabilities: $979,954
Net assets: $6,295,657
Revenue: $12,128,490
Expenses: $5,832,833
Net income: $6,295,657

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$7.28	$0.98	$6.30	$12.1	$5.83	$6.30

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2024 to Dec 31, 2024
Signed: Nov 12, 2025
Return Version: 2024v5.2
Gross Receipts: $12,128,490

Mission and Program Overview

Mission

Fathom ai's mission is to find, build and scale innovative governance solutions for ai that foster public trust in ai, while unleashing the power of american innovation.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Cash and Non-Interest-Bearing Accounts	$0	$6,225,597	▲ $6,225,597
Prepaid Expenses and Deferred Charges	$0	$513,005	▲ $513,005
Intangible Assets	$0	$172,000	▲ $172,000
Total Assets	$0	$7,275,611	▲ $7,275,611
Other Assets Total	$0	$365,009	▲ $365,009
Liabilities
Accounts Payable and Accrued Expenses	$0	$926,775	▲ $926,775
Other Liabilities	$0	$53,179	▲ $53,179
Total Liabilities	$0	$979,954	▲ $979,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$0	$6,295,657	▲ $6,295,657
Total Net Assets Fund Balance	$0	$6,295,657	▲ $6,295,657
Total Liabilities and Net Assets / Fund Balance	$0	$7,275,611	▲ $7,275,611

Asset Categories

Asset	Book Value	Depreciation	Basis
Other Assets Org	$53,179	-	-

Compensation and Service Providers

Top Officer Pay41st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Andrew Freedman	Co-founder & Chief Stategy Officer	FT	$156,500	$5,614	$162,114
Bri Treece	Co-founder & Chief Impact Officer	FT	$87,000	$5,080	$92,080
Blake Pierson	Co-founder & CEO	FT	$30,840	$28,083	$58,923

Board Members and Trustees

Name	Title
Kellie Liket	Board Member
Max Henderson	Board Member

Highest Paid Contractors

Contractor	Services	Location	Compensation
Jones Dilworth INC	Technology/web Consulting	1023 SPRINGDALE ROAD BUILDING 5, Austin, TX 78721	$536,810
Jcjn Group LLC	Marketing/promotion	1295 VALLECITA DRIVE, Santa Fe, NM 87501	$190,000
Arnold & Porter Kaye Scholer LLP	Legal Services	601 MASSACHUSETTS AVENUE NW, Washington, DC 20001	$172,421
The Panacea Collective	Event Furniture Rental & Planner	4704 HIGHLAND TERRACE, Austin, TX 78731-5319	$167,802
Surround Sound Strategies LLC	Marketing/promotion	2433 DAVIS AVENUE, Alexandria, VA 22302-3209	$131,750

Revenue and Support

Revenue Composition

Contributions and Grants: $12,127,300
Program Service Revenue: $0
Investment Income: $0
Other Revenue: $1,190
All Other Contributions: $12,127,300
Change in Net Assets: $6,295,657

Audited Revenue Reconciliation

Revenue per Audited Statements: $12,128,490
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $0
Total Revenue per Audited Statements: $12,128,490
Total Revenue per Form 990: $12,128,490

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$3,059,386
Grants and Similar Amounts Paid	$1,569,500
Salaries, Compensation, and Employee Benefits	$1,203,947
Total Fundraising Expense	$154,887
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Fees for Services Other	$2,038,683	$108,731	$14,336	$2,161,750
Grants to Domestic Orgs	$1,569,500	-	-	$1,569,500
Other Salaries and Wages	$437,308	$251,862	$62,973	$752,143
Conferences and Meetings	$430,779	-	-	$430,779
Current Officers, Directors, Trustees, and Key Employees	$172,792	$112,266	$28,059	$313,117
Fees for Services Legal	-	$180,155	-	$180,155
Travel	$60,602	$56,087	$14,022	$130,711
Office Expenses	$4,513	$68,692	$17,173	$90,378
Payroll Taxes	$67,737	$17,038	$4,260	$89,035
Other Employee Benefits	$1,577	$36,600	$9,150	$47,327
Fees for Services Accounting	-	$33,035	-	$33,035
Occupancy	-	$19,657	$4,914	$24,571
Depreciation Depletion	-	$8,000	-	$8,000
Pension Plan Contributions	$2,325	-	-	$2,325
Other Expenses	-	$7	-	$7
Total Functional Expenses	$4,785,816	$892,130	$154,887	$5,832,833

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$5,832,833
Total Expenses per Audited Statements	$5,832,833
Total Expenses per Form 990	$5,832,833
Expenses Not Reported on Financial Statements	$0
Expenses Not Reported on Form 990	$0

International Activity

Grant and Assistance Recipients

Recipient	Location	Category	Purpose	Amount
Carnegie Endowment for International Peace	Washington, DC	501(c)(3)	SUPPORT OF GRANTEE'S AI PROGRAM AND WORK.	$1,000,000
The Aspen Institute Inc	Washington, DC	501(c)(3)	To Support the Activities and Projects of Aspen Digital.	$300,000
The Creative Coalition	New York, NY	501(c)(3)	Sponsorship of Voices of Impact Entertainment Industry Leaders Dinner.	$67,500
Credo 23 Foundation	Studio City, CA	501(c)(3)	Sponsorship of Credo 23 Film Festival .	$50,000
Foundation for American Innovation	Washington, DC	501(c)(3)	General Operating Support to Foundation for American Innovation	$50,000
Harvard Kennedy School	Cambridge, MA	501(c)(3)	SUPPORT FOR ASH CENTER'S LAB FOR DEMOCRACY RENOVATION GROUP FUND AT THE JOHN F. KENNEDY SCHOOL OF GOVERNMENT AT HARVARD COLLEGE.	$50,000
Effective Institutions Project Inc	Albany, NY	501(c)(3)	Strategic Support for Grant Advisory Practice.	$20,000
The Future Society Inc	Boston, MA	501(c)(3)	Support of Athens Roundtable.	$20,000

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Lease Liability	$53,179

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: Yes
Backup withholding compliance: Yes
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: 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, Part VI, Section B, Line 11B

“The board of directors reviews and approves the form 990 before the form 990 is filed.”

Form 990, Part VI, Section B, Line 12C

“Board mmembers are required to update their conflict of interest statements annually as part of retaining their position as board members.”

Form 990, Part VI, Section B, Line 15

“Board members approve salaries for all high level employees.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name: Fathom Ai Inc
EIN: 93-4840479
Phone: 2026510717
Address: 447 SUTTER ST STE 405 290, SAN FRANCISCO, CA 94108

Signing Officer

Name: Blake Pierson
Title: Co-founder & CEO
Phone: 2026510717
Signed: 2025-11-12
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Blake Pierson
Formed: 2024
Legal Domicile: De
Voting Board Members: 3
Independent Board Members: 2
Employees: 0
Volunteers: 2

Preparer

Firm: Lane & Company Cpas
Address: 5335 WISCONSIN AVE NW, WASHINGTON, DC 20015
Preparer: Robert E Lane
Phone: 2026172615

Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Advisory board: program service expenses 62,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 62,500. Marketing/promotion: program service expenses 622,925. Management and general expenses 0. Fundraising expenses 225. Total expenses 623,150. Consultants and advisors: program service expenses 640,591. Management and general expenses 67,231. Fundraising expenses 0. Total expenses 707,822. Polling and focus groups: program service expenses 306,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 306,300. Fathom fellows: program service expenses 15,417. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,417. Administrative support: program service expenses 0. Management and general expenses 41,500. Fundraising expenses 0. Total expenses 41,500. Launch room: program service expenses 390,950. Management and general expenses 0. Fundraising expenses 14,111. Total expenses 405,061.”

Part XII, Line 2C

“During 2024, fathom ai did not change its audit oversight process or its selection process for auditors.”

Financial Statement Notes

PART X, LINE 2:

“Fathom ai is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. As of december 31, 2024, no provision for income taxes was made as fathom ai had no net unrelated business income. Management annually reviews its positions and has determined that there are no material uncertain tax positions that require recognition on the financial statements.”

Raw XML AppendixShowing 400 of 506 raw XML fields

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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IRS990/MissionDesc	0	FATHOM AI'S MISSION IS TO FIND, BUILD AND SCALE INNOVATIVE GOVERNANCE SOLUTIONS FOR AI THAT FOSTER PUBLIC TRUST IN AI, WHILE UNLEASHING THE POWER OF AMERICAN INNOVATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc	0	POLICY AND POLITICS - THIS WORK IS TO CRAFT SPECIFIC POLICY PROPOSALS AT THE STATE, FEDERAL, AND INTERNATIONAL LEVEL TO ENSURE THE DEVELOPMENT OF AI BENEFITS HUMANITY TO ITS FULLEST POTENTIAL. THIS WORK BUILDS ON OUR RESEARCH WORK, AND INVOLVES INTENSIVE COMMUNICATION AND MEDIA TO EDUCATE AND AMPLIFY OUR MESSAGING ACROSS THE ECOSYSTEM. WE ALSO ENGAGE IN LIMITED LOBBYING AS PERMITTED BY STATE AND FEDERAL RULES AND REGULATIONS FOR LOBBYING ACTIVITIES FOR 501(C)(3) ORGANIZATIONS. ANY WORK TO THIS EFFECT IS DONE VIA A SEPARATE 501(C)(6) ENTITY, MERIDIAN GOVERNANCE, INC. NO LOBBYING WAS CONDUCTED IN 2024.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	FATHOM AI IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS OF DECEMBER 31, 2024, NO PROVISION FOR INCOME TAXES WAS MADE AS FATHOM AI HAD NO NET UNRELATED BUSINESS INCOME. MANAGEMENT ANNUALLY REVIEWS ITS POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION ON THE FINANCIAL STATEMENTS.
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IRS990ScheduleI/RecipientTable/CashGrantAmt	4	50000
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IRS990ScheduleI/RecipientTable/CashGrantAmt	6	20000
IRS990ScheduleI/RecipientTable/CashGrantAmt	7	20000
IRS990ScheduleI/RecipientTable/IRCSectionDesc	0	501(C)(3)
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IRS990ScheduleI/RecipientTable/IRCSectionDesc	7	501(C)(3)
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	3	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	4	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	5	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	6	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	7	0
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	0	SUPPORT OF GRANTEE'S AI PROGRAM AND WORK.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	1	TO SUPPORT THE ACTIVITIES AND PROJECTS OF ASPEN DIGITAL.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	2	SPONSORSHIP OF VOICES OF IMPACT ENTERTAINMENT INDUSTRY LEADERS DINNER.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	3	SPONSORSHIP OF CREDO 23 FILM FESTIVAL .
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	4	GENERAL OPERATING SUPPORT TO FOUNDATION FOR AMERICAN INNOVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	5	SUPPORT FOR ASH CENTER'S LAB FOR DEMOCRACY RENOVATION GROUP FUND AT THE JOHN F. KENNEDY SCHOOL OF GOVERNMENT AT HARVARD COLLEGE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	6	STRATEGIC SUPPORT FOR GRANT ADVISORY PRACTICE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	7	SUPPORT OF ATHENS ROUNDTABLE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	0	CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	1	THE ASPEN INSTITUTE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	2	THE CREATIVE COALITION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	3	CREDO 23 FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	4	FOUNDATION FOR AMERICAN INNOVATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	5	HARVARD KENNEDY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	6	EFFECTIVE INSTITUTIONS PROJECT INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	7	THE FUTURE SOCIETY INC
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IRS990ScheduleI/RecipientTable/RecipientEIN	2	133517803
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	2	280 PARK AVENUE 7TH FLOOR
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	4	1255 UNION STREET FLOOR 7
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	5	79 JOHN F KENNEDY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	6	418 BROADWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	7	867 BOYLSTON STREET 5TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm	0	WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm	1	WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm	2	NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm	3	STUDIO CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm	4	WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm	5	CAMBRIDGE
IRS990ScheduleI/RecipientTable/USAddress/CityNm	6	ALBANY
IRS990ScheduleI/RecipientTable/USAddress/CityNm	7	BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	0	DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	1	DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	2	NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	3	CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	4	DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	5	MA
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	7	MA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt	0	FATHOM AI ENTERS INTO A GRANT AGREEMENT WITH EACH GRANTEE. THAT AGREEENT SPECIFIES THE OBLIGATIONS OF THE GRANTEE AS TO THE USE OF THE GRANT, ESTABLISHMENT OF A PERFORMANCE SCHEDULE, NOTIFICATION OF DEVIATION FROM THE PERFORMANCE SCHEDULE, FINANCIAL ACCOUNTING, FINANCIAL AND SUBSTANTIVE REPORTING, ACTIVITIES FOR WHICH THE GRANTEE MAY NOT USE THE FUNDS, DEFAULT AND REMEDIES, ETC. FATHOM AI RECEIVES BOTH FINANCIAL AND SUBSTANTIVE REPORTS AS SET FORTH IN THE GRANT AGREEMENT, AND IS IN PERIODIC COMMUNICATION PERSONALLY WITH THE DESIGNATED CONTACT FOR THE GRANTEE ORGANIZATION CONCERNING THE IMPLEMENTATION OF THE PROJECT AND ANY ISSUES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART I, LINE 2:
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IRS990/ScheduleJRequiredInd	0	1
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt	0	0

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