Atlas Fellowship Inc

EIN: 881678673 501(c)(3) Youth Development

Berkeley, CA

Total Revenue
$4,906,643
Total Expenses
$4,456,125
Total Assets
$3,965,158
Net Assets
$801,349
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
Jonas Vollmer
Phone
7079085104
Tax Period
2023-01-01 to 2023-12-31

Atlas Fellowship Inc, founded in 2022, is a community nonprofit in the Youth Development sector that reported $4.9M in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $4.5M left a modest 9% surplus.

Mission

See Form 990, Part I, Line 1.

Program Service Accomplishments

Program 1
Expenses: $3,883,873

In 2023, the organization ran 3 in-person programs of 9-11 days each, all held in Berkeley, CA. The programs hosted 88 exceptional students total, with each program ranging from 21 to 35...

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In 2023, the organization ran 3 in-person programs of 9-11 days each, all held in Berkeley, CA. The programs hosted 88 exceptional students total, with each program ranging from 21 to 35 participants. Through intensive reasoning skill development and exposure to major global challenges, the programs aimed to empower youth and equip them with tools to drive positive change. Key impacts included improving participants' analytical abilities, boosting their confidence in generating worldwide impact, and acquainting them with pressing global issues they may help address. Additionally, the organization awarded scholarships and provided college advising to 99 selected fellows, while also granting smaller scholarships to 134 finalists. By investing in youth potential, the programs cultivate a community of thoughtful change-makers.

Program 2
Expenses: $32,575

In 2023, the organization awarded strategic grants to support four mission-aligned initiatives focused on education, environmental science, and AI safety. The organization provided funding to...

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In 2023, the organization awarded strategic grants to support four mission-aligned initiatives focused on education, environmental science, and AI safety. The organization provided funding to support: (1) work to validate a digital school attendance tracking system, (2) development of an educational platform serving children and adolescents in Indonesia, (3) an environmental monitoring project in India that combines sensor network technology with data science to track and analyze air quality, and (4) general operating support to an organization dedicated to ensuring AI systems are developed and deployed in ways that are both trustworthy and beneficial to society.

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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 $4,454,744
Program Service Revenue $0
Investment Income $44,713
Other Revenue $407,186
TOTAL REVENUE $4,906,643

Expense Breakdown

Grants Paid $1,021,425
Salaries & Benefits $734,252
Fundraising Expenses $0
Program Expenses $3,916,448
Other Expenses $2,700,448
TOTAL EXPENSES $4,456,125

Year-over-Year Comparison

2023 2022 Change
Revenue $4,906,643 $8,462,660 -0.4%
Expenses $4,456,125 $8,111,829 -0.5%
Net Income $450,518 $350,831 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
15
Volunteers
5

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
$155,445
Total Directors
5
$155,445
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jonas Vollmer -term end 4-2023 President 2.00
Officer Director
$93,710 $2,360 $96,070
Ashley Lin -term beg 4-2023 Treasurer 0.50
Officer Director
$40,625 $0 $40,625
Sydney Von Arx -term beg 4-2023 Secretary 0.50
Officer Director
$18,750 $0 $18,750
Mark Xu -term end 4-2023 Director 0.50
Director
$0 $0 $0
Leopold Aschenbrenner -term beg 4-2 President 0.50
Officer Director
$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
2024 No data No data No data No data
2023 $4,906,643 $4,456,125 $3,965,158 $450,518
2022 $8,462,660 $8,111,829 $4,987,976 $350,831
2022 $6,618,077 $3,532,150 $3,160,305 $3,085,927
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