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Berkeley Existential Risk Initiative

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814820272 ✦ Covina, CA ✦ Designated as a 501(c)(3)

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Overview

What is Berkeley Existential Risk Initiative?

The Berkeley Existential Risk Initiative is a nonprofit organization located at 440 N Barranca Ave 2374, Covina, CA 91723. Their primary mission is to enhance the long-term survival and prosperity of human civilizations. To achieve this goal, they collaborate with various research groups from prestigious institutions such as UC Berkeley, MIT, the University of Oxford, Stanford University, and UMass Amherst, among others. Through their Collaborations Program, they offer free services to support the field of existential risk reduction. This initiative aims to improve the work of these research groups, ultimately contributing to the betterment of humanity's enduring future. Currently, they have a team of 17 dedicated individuals working towards this objective.


Official website here: www.existence.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating on Charity Navigator.

The Berkeley Existential Risk Initiative has earned a high score of 96%, reflecting strong performance in accountability and financial management. With a perfect score in financial oversight and no material diversion of assets, the organization demonstrates a strong commitment to transparency. The majority of its board members are independent, enhancing its governance structure.

In terms of operational effectiveness, the charity excels with a program expense ratio of 96.57%, indicating that most of its resources are directed towards its mission. The organization also showcases impressive leadership and adaptability, scoring full points in these areas, which speaks to its strategic planning and responsiveness to challenges. Feedback collection and usage are handled effectively, ensuring stakeholder engagement.

However, there is a noted limitation in the independent board size, with only two independent members. While the majority of board members are independent, expanding the size could further bolster governance practices. Overall, the Berkeley Existential Risk Initiative stands out for its effective resource allocation and strong accountability measures.


This AI summary has been generated from information found on Charity Navigator.

Is Berkeley Existential Risk Initiative legitimate?

Berkeley Existential Risk Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Existential Risk Initiative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $123,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $725,737

For more financial information, click here


Official website here: www.existence.org

What is the mission statement of Berkeley Existential Risk Initiative?

The mission of the Berkeley Existential Risk Initiative is centered around enhancing the long-term survival and prosperity of human civilizations. They accomplish this by partnering with university research groups focused on reducing existential risks. Through this collaborative approach, they provide these groups with essential support services at no cost, thereby contributing to the advancement of existential risk reduction research.


Official website here: www.existence.org

Who is the CEO of Berkeley Existential Risk Initiative?

Sawyer Bernath is the Sr Policy Analyst of Berkeley Existential Risk Initiative.


Official website here: www.existence.org

What is the revenue of Berkeley Existential Risk Initiative?

Berkeley Existential Risk Initiative's revenue in 2022 was $6,862,246.


Official website here: www.existence.org

Who are the executives of Berkeley Existential Risk Initiative and what are their salaries?

The average compensation at Berkeley Existential Risk Initiative during 2022 was $49,946. There are 17 employees and 2 volunteers at Berkeley Existential Risk Initiative.


Here are 5 key members and their salaries:


Anthony Barrett (Sr Policy Analyst)
  • Compensation: $179,593
  • Related: $0
  • Other: $8,155
Austin Hoag (Mch Learn Engineer)
  • Compensation: $138,135
  • Related: $0
  • Other: $4,599
Sawyer Bernath (Exec Dir/Sectry)
  • Compensation: $116,251
  • Related: $0
  • Other: $7,094
Andrew Critch (Pres/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Jess Riedel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.existence.org

Where can I find the form 990 for Berkeley Existential Risk Initiative?

Berkeley Existential Risk Initiative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.existence.org

Learn more at the official website: www.existence.org

Mission Statement of Berkeley Existential Risk Initiative

Berkeley Existential Risk Initiative is committed to improving the long-term prospects for the survival and flourishing of human civilizations. To achieve this mission, the organization collaborates with university research groups working on reducing existential risks. By providing these groups with free services and support, Berkeley Existential Risk Initiative aims to contribute significantly to the field of existential risk reduction. The organization's collaborations have spanned various prestigious universities, including UC Berkeley, MIT, the University of Oxford, Stanford University, and UMass Amherst, among others. Through these collaborations, Berkeley Existential Risk Initiative is actively working towards ensuring a secure and prosperous future for humanity.

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Impact




July, 2024

The Berkeley Existential Risk Initiative is significantly impacting the field of existential risk reduction by collaborating with university research groups to improve human civilizations' long-term prospects for survival and flourishing. Their collaborations program with prestigious institutions like UC Berkeley, MIT, Stanford University, and others, providing free services and support, demonstrates their commitment to advancing work in this critical area. This initiative in Covina, CA, is dedicated to enhancing public safety and shaping a more secure future for humanity.




This information is meant to be a general summary of Berkeley Existential Risk Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,862,246 (2022)
Expenses
$3,434,694 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,106
  • Gross Receipts: $6,862,246

Assets and Liabilities:

  • Total Assets: $6,024,691
  • Total Liabilities: $224,433
  • Net Assets: $5,800,258

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Organization Details

Founding Year

2017

Principal Officer

Sawyer Bernath

Main Address

440 N Barranca Ave 2374, Covina, CA, 91723

NTEE Category

Code: M20 - Public safety

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