Bridgeport, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hofvarpnir Studios, founded in 2021, is a micro nonprofit in the Science & Technology sector that reported $60K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $471K exceeded revenue, resulting in a 689% operating deficit.
Hofvarpnir Studios believes artificial intelligence is a transformative technology in the 21st century that should be aligned with human preferences and behave as expected. As neural networks become more complex, studying them requires significant computational resources. The organization's mission is to bridge the gap between AI safety academics and high performance computing by providing the infrastructure they need to address challenges in developing safe AI systems. The organization is partnering with safety labs to build GPU clusters for large natural language models like GPT-3 and reinforcement learning workloads. The organization is also providing a smaller cluster for independent AI safety researchers. Overall, the organization's goal is to support and enable AI safety research through providing specialized computing infrastructure.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $59,716 | $1,443,540 | -1.0% |
| Expenses | $471,317 | $85,217 | +4.5% |
| Net Income | $-411,601 | $1,358,323 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Shauna Kravec | President & CEO | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nova DasSarma | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Brown | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $59,716 | $471,317 | $959,309 | $-411,601 |
| 2022 | $1,443,540 | $85,217 | $1,370,910 | $1,358,323 |
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