Ai Progress Inc

Nonprofit profile at a glance

EIN
372146704
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2022168959
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$5,295,000
Expenses
$1,242,918
Assets
$4,749,722
Liabilities
$855,082

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Brad Weltman (Director)
  • Jason Everett (Director)
  • Jenni Katzman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

AI Progress is dedicated to the responsible development of AI tools to benefit sectors such as education, healthcare, transportation, public safety, and social services. The coalition emphasizes existing U.S. copyright laws essential role in fostering innovation, protecting intellectual property rights, and securing U.S. competitiveness in AI innovation.

What it reported doing in 2025

Participation in a coalition dedicated to educating policymakers on the intersection of artificial intelligence and copyright. Strategic management of the coalition and development of coordinated advocacy efforts. Amplification of Ai Progresss voice as a thought leader of AI and copyright issues, including public promotion and policy engagement to advance shared priorities.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.5%; rating input score 20
  • Program expense ratio: 87.2%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 76.5%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 3.82; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 36.8% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 156.5% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 169.8% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 20.5% of revenue deployed · 87.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 1 contractor listed · $1.1M reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 20/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.