Clarity Ai Research Inc

Nonprofit profile at a glance

EIN
993262331
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
7742880090
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Reported finances

Revenue
$6,909,526
Expenses
$1,695,493
Assets
$6,316,979
Liabilities
$1,102,946

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JACOB STEINHARDT (PRESIDENT & CEO)

Highest reported compensation

  • SARAH SCHWETTMANN (CHIEF SCIENTIST & SEC/TREASURER): $197,271 total reported compensation
  • JACOB STEINHARDT (PRESIDENT & CEO): $168,792 total reported compensation
  • FRANCOIS ALEXANDER ALLAIN (DIRECTOR): $5,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transluce is an independent research lab that builds open, scalable technology for understanding ai systems and steering them in the public interest.

What it reported doing in 2024

Transluce is an independent research lab that builds open, scalable technology for understanding ai systems and steering them in the public interest. Transluce means to shine light through something to reveal its structure. Today's complex ai systems are difficult to understand. Not even experts can reliably predict their behavior oncedeployed. Given ai's extraordinary consequences on society, we need scalable and open analyses of the capabilities and risks of ai systems.we are building open source, ai-driven tools to understand and analyze ai systems. We will apply these tools to open-weight models, so the world can vet our analyses and improve their reliability. Once our technology has been vetted, we will work with frontier ai labs and governments to ensure that internal assessments reach the same standards as our publicly vetted procedures.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

MIXED - 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: 42
  • Transparency & Controls: 70
  • Accountability: 62
  • Sustainability: 75
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.5%; rating input score 17
  • Program expense ratio: 69.5%; rating input score 70
  • Fundraising efficiency: $89.9 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 75.5%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 3.73; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 21.9%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 17.5% of revenue deployed · 69.5% of spending went to programs
  • Governance: 2 of 3 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $197K · 4 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.