REDWOOD RESEARCH GROUP INC (EIN 871702255) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

JAMES BREGAN

Phone

6197803839

Tax Period

2024-01-01 to 2024-12-31

REDWOOD RESEARCH GROUP INC, founded in 2021, is a micro nonprofit in the Science & Technology sector that reported $22K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 13148% operating deficit.

Mission

REDWOOD RESEARCH RESEARCHES RISKS THAT COULD ARISE IF POWERFUL AI SYSTEMS ACT AGAINST HUMAN INTERESTS, AIMING TO IMPROVE UNDERSTANDING OF THESE RISKS AND DEVELOP TECHNIQUES THAT ALLOW HUMANS TO MANAGE THESE RISKS WHILE STILL REALIZING THE BENEFITS OF AI.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,659

Program Service Revenue $0

Investment Income $0

Other Revenue $12,401

TOTAL REVENUE $22,060

Expense Breakdown

Grants Paid $679,955

Salaries & Benefits $842,174

Fundraising Expenses $0

Program Expenses $2,647,359

Other Expenses $1,400,369

TOTAL EXPENSES $2,922,498

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,060	$10,036,347	-1.0%
Expenses	$2,922,498	$12,590,834	-0.8%
Net Income	$-2,900,438	$-2,554,487	+0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$283,465

Total Directors

$283,465

Key Employees

$322,610

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SHLEGERIS	CEO, DIRECTOR	40.00	Officer Director	$272,164	$11,301	$283,465
NATHANIEL THOMAS	DIRECTOR, BOARD CHAIR	2.00	Officer Director	$0	$0	$0
AJEYA COTRA	DIRECTOR (THRU 8/24)	2.00	Director	$0	$0	$0
AMMON BARTRAM	DIRECTOR	2.00	Director	$0	$0	$0
JAMES BREGAN	SECRETARY, TREASURER	4.00	Officer	$0	$0	$0
RYAN GREENBLATT	CHIEF SCIENTIST	40.00	Key Emp	$314,922	$7,688	$322,610
FABIEN ROGER	TECHNICAL STAFF (THRU 7/24)	40.00	Highest	$141,452	$4,077	$145,529

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	$22,060	$2,922,498	$6,560,743	$-2,900,438
2023	$10,036,347	$12,590,834	$11,984,181	$-2,554,487
2022	$12,049,894	$12,759,191	$14,026,098	$-709,297
2021	$13,904,248	$2,341,569	$14,523,608	$11,562,679

REDWOOD RESEARCH GROUP INC