FUTURE OF LIFE INSTITUTE

EIN: 471052538 501(c)(3) Science & Technology

NARBERTH, PA

Total Revenue
$4,717,340
Total Expenses
$16,317,712
Total Assets
$1,785,621
Net Assets
$1,207,674
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
PA
Principal Officer
MAX TEGMARK
Phone
4089153222
Tax Period
2023-01-01 to 2023-12-31

FUTURE OF LIFE INSTITUTE, founded in 2014, is a community nonprofit in the Science & Technology sector that reported $4.7M in total revenue in fiscal year 2023. Expenses of $16.3M exceeded revenue, resulting in a 246% operating deficit.

Mission

TO SUPPORT THE FUTURE OF LIFE FOUNDATION BY STEERING TRANSFORMATIVE TECHNOLOGY TOWARDS BENEFITING LIFE AND AWAY FROM EXTREME LARGE-SCALE RISKS.

Program Service Accomplishments

Program 1
Expenses: $9,936,998

GRANTMAKING AND PRIZES IN SUPPORT OF MITIGATING RISKS AND INCREASING BENEFITS OF TRANSFORMATIVE TECHNOLOGIES

Program 2
Expenses: $3,199,855

SCIENTIFIC AND TECHNICAL EDUCATION AND OUTREACH ACTIVITIES VIA WEBSITE(S) AND MEDIA CREATION.

Program 3
Expenses: $2,161,384

RESEARCH, OUTREACH AND ADVOCACY REGARDING POLICY ON RISKS AND BENEFITS OF TRANSFORMATIVE TECHNOLOGIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,874,714
Program Service Revenue $0
Investment Income $-157,374
Other Revenue $0
TOTAL REVENUE $4,717,340

Expense Breakdown

Grants Paid $9,449,231
Salaries & Benefits $2,715,853
Fundraising Expenses $0
Program Expenses $15,298,237
Other Expenses $4,152,628
TOTAL EXPENSES $16,317,712

Year-over-Year Comparison

2023 2022 Change
Revenue $4,717,340 $-85,626,657 -1.1%
Expenses $16,317,712 $379,048,482 -1.0%
Net Income $-11,600,372 $-464,675,139 -1.0%
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
2
Employees
11
Volunteers
2

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
3
$930,421
Total Directors
5
$930,421
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY N AGUIRRE EXECUTIVE DIRECTOR/BOARD TREASURER 38.00
Officer Director
$466,686 $26,903 $493,589
MIHAELA CHITA-TEGMARK BOARD SECRETARY 5.00
Officer Director
$27,077 $0 $27,077
MAX TEGMARK PRESIDENT 33.00
Officer Director
$0 $0 $409,755
JAAN TALLINN DIRECTOR 1.00
Director
$0 $0 $0
VIKTORIYA KRAKOVNA DIRECTOR 1.00
Director
$0 $0 $0
EMILIE JAN JAVORSKY DIRECTOR, FUTURES PROGRAM 40.00
Highest
$221,340 $5,292 $226,632
ANDREA C BERMAN GRANTS MANAGER 40.00
Highest
$128,169 $28,718 $156,887
BENJAMIN ASHER EISENPRESS DIRECTOR OF OPERATIONS 40.00
Highest
$146,063 $9,049 $155,112
LANDON MARSHALL KLEIN DIRECTOR OF US POLICY 40.00
Highest
$132,021 $10,121 $142,142
MARCUS BRAKEL DIRECTOR OF POLICY 40.00
Highest
$153,003 $29,848 $182,851
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
2024 No data No data No data No data
2023 $4,717,340 $16,317,712 $1,785,621 $-11,600,372
2022 $-85,626,657 $379,048,482 $11,827,052 $-464,675,139
2021 $549,531,672 $16,065,773 $537,164,374 $533,465,899
2020 $482,479 $468,809 $2,360,211 $13,670
2019 $2,383,219 $1,278,585 $2,346,541 $1,104,634
2018 $2,720,278 $2,991,793 $1,241,906 $-271,515
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