INTERNATIONAL ASSOCIATION FOR SAFE AND ETHICAL ARTIFICIAL INTELLIGENCE INC

EIN: 320790930 501(c)(3) Science & Technology

SAN DIEGO, CA

Total Revenue
$4,002,265
Total Expenses
$1,246,634
Total Assets
$2,857,673
Net Assets
$2,755,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
CA
Principal Officer
MARK NITZBERG
Phone
6193205582
Tax Period
2024-10-16 to 2025-09-30

INTERNATIONAL ASSOCIATION FOR SAFE AND ETHICAL ARTIFICIAL INTELLIGENCE INC, founded in 2024, is a community nonprofit in the Science & Technology sector that reported $4.0M in total revenue in fiscal year 2024. The organization ran a surplus of $2.8M, a strong 69% operating margin.

Mission

INTERNATIONAL ASSOCIATION FOR SAFE AND ETHICAL ARTIFICIAL INTELLIGENCE, INC. ("IASEAI") IS A GLOBAL, MEMBERSHIP BASED, NONPROFIT ORGANIZATION FORMED IN 2024. IASEAI'S MISSION IS TO ENSURE THAT AI SYSTEMS ARE GUARANTEED TO OPERATE SAFELY AND ETHICALLY, BENEFITING ALL OF HUMANITY. IASEAI AIMS TO PROMOTE RESEARCH, SHAPE POLICY, BUILD COMMUNITY AND ADVANCE EDUCATION AROUND THIS GOAL.IASEAI WORKS TO UNITE RELEVANT RESEARCHERS, POLICYMAKERS, INDUSTRY LEADERS, AS WELL AS MEMBERS OF THE PUBLIC WHO SHARE A COMMITMENT TO ENSURING THAT ARTIFICIAL INTELLIGENCE SERVES HUMANITY RESPONSIBLY. ITS ACTIVITIES INCLUDE HOSTING EVENTS, PUBLISHING RESEARCH, PROVIDING POLICY RECOMMENDATIONS, AND FOSTERING DIALOGUE TO INFORM PUBLIC UNDERSTANDING AND GUIDE GLOBAL POLICY TOWARD RESPONSIBLE AI DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $985,564

COMMUNITY: WE ORGANIZE IN-PERSON AND VIRTUAL EVENTS DESIGNED TO STIMULATE AND SHOWCASE RESEARCH AND OTHER ADVANCES IN THE FIELD OF SAFE AND ETHICAL AI. COMMUNITY-BUILDING ACTIVITIES INCLUDE OUR...

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COMMUNITY: WE ORGANIZE IN-PERSON AND VIRTUAL EVENTS DESIGNED TO STIMULATE AND SHOWCASE RESEARCH AND OTHER ADVANCES IN THE FIELD OF SAFE AND ETHICAL AI. COMMUNITY-BUILDING ACTIVITIES INCLUDE OUR ANNUAL CONFERENCE AND SOME CO-SPONSORED WORKSHOPS.IASEAI'S GLOBAL COMMUNITY NOW INCLUDES 2,000 MEMBERS FROM 65 COUNTRIES AND 130+ AFFILIATE ORGANIZATIONS (ACADEMIC CENTERS AND NONPROFIT INSTITUTES) THAT SUPPORT IASEAI'S MISSION. WE ALSO EXPECT TO FORM NATIONAL AND REGIONAL CHARTERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,969,235
Program Service Revenue $0
Investment Income $33,030
Other Revenue $0
TOTAL REVENUE $4,002,265

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,034
Fundraising Expenses $44,336
Program Expenses $985,564
Other Expenses $1,037,600
TOTAL EXPENSES $1,246,634

Year-over-Year Comparison

2024 2023 Change
Revenue $4,002,265 N/A N/A
Expenses $1,246,634 N/A N/A
Net Income $2,755,631 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMIR BANIFATEMI CHAIRPERSON 1.00
Officer Director
$0 $0 $0
STUART RUSSELL PRESIDENT 1.00
Officer Director
$0 $0 $0
ADRIAN WELLER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MARIETJE SCHAAKE BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW YAO BOARD MEMBER 1.00
Director
$0 $0 $0
MARK NITZBERG INTERIM EXECUTIVE DIRECTOR 16.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,002,265 $1,246,634 $2,857,673 $2,755,631
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