nonprofit logo

Ought Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812121304 ✦ Covina, CA ✦ Designated as a 501(c)(3)

Overview

What is Ought Inc?

Ought Inc. is a research-focused nonprofit organization situated in Covina, California. With a team of 10 individuals, this organization conducts innovative research in San Francisco, utilizing artificial intelligence and machine learning to support human deliberation. Their primary objective is to scale and automate open-ended reasoning by studying human thought processes. To achieve this, they are currently developing Elicit, an AI tool designed to assist academics and researchers in their work. The organization's mission is to leverage machine learning to contribute to thinking and reflection as effectively as it does to tasks with clear, short-term outcomes.


Official website here: www.ought.org

Is Ought Inc legitimate?

Ought Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ought Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $346,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,189,924

For more financial information, click here


Official website here: www.ought.org

What is the mission statement of Ought Inc?

Ought Inc, a research organization, is dedicated to scaling up good reasoning. Their primary aim is to utilize machine learning and artificial intelligence to aid in thinking and reflection, just as effectively as they currently assist with tasks that have clear short-term outcomes. The organization conducts research on supporting deliberation using AI and machine learning, sharing their findings openly. They have also developed a taxonomy of approaches to break down complex reasoning about natural language questions into smaller, automated tasks.


Official website here: www.ought.org

Who is the CEO of Ought Inc?

Owain Evans is the Board Member & Ceo of Ought Inc. The CEO's salary of Ought Inc is $167,494 and their total compensation is $173,044.


Official website here: www.ought.org

What is the revenue of Ought Inc?

Ought Inc's revenue in 2023 was $5,063,386.


Official website here: www.ought.org

Who are the executives of Ought Inc and what are their salaries?

The average compensation at Ought Inc during 2023 was $153,647. There are 10 employees and 2 volunteers at Ought Inc.

Here are 8 key members and their salaries (Ought Inc's CEO's salary is $167,494 and their total compensation is $173,044):

    Justin D Reppert (Machine Learning Research Engineer)
  • Compensation: $175,740
  • Related: $0
  • Other: $8,133

    • William L Stebbing (Software Engineer)
  • Compensation: $178,003
  • Related: $0
  • Other: $5,700

    • Jungwon Byun (Chief Operating Officer)
  • Compensation: $167,035
  • Related: $0
  • Other: $6,467

    • Andreas Stuhlmuller (Board Member & Ceo) [Trustee/Director]
  • Compensation: $167,494
  • Related: $0
  • Other: $5,550

    • Benjamin E Rachbach (Experimenter)
  • Compensation: $128,834
  • Related: $0
  • Other: $4,453

    • Amanda Ngo (Product Manager)
  • Compensation: $122,436
  • Related: $0
  • Other: $2,600

    • Owain Evans (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Christiano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ought.org

    Where can I find the form 990 for Ought Inc?

    The Ought Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ought.org

    Learn more at the official website: www.ought.org

    Mission Statement of Ought Inc

    Ought Inc, a research lab based in San Francisco, is dedicated to scaling up good reasoning. Their mission is to leverage machine learning and artificial intelligence to aid in thinking and reflection as effectively as they currently do with tasks that have clear short-term outcomes. The organization's goal is to study human reasoning and apply these findings to develop tools that can assist academics and researchers in their deliberation processes. Ought Inc has published a taxonomy of approaches to breaking down complex reasoning about natural language questions into smaller, manageable tasks that, in theory, can be automated. Their aim is to contribute to the field of supporting deliberation using artificial intelligence and machine learning, and they share their findings openly.

    Impact

    This information is meant to be a general summary of Ought Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Ought Inc's impact lies in its mission to scale up good reasoning through the application of machine learning and artificial intelligence. By studying human reasoning and developing AI tools like Elicit, Ought Inc is at the forefront of research in supporting deliberation using advanced technologies. The organization's work in conceptual and empirical research, particularly in automating complex reasoning processes related to natural language questions, has the potential to revolutionize how we approach reasoning and decision-making. Ought Inc's commitment to sharing its findings openly contributes to the broader scientific community's understanding of AI and machine learning applications in the realm of reasoning.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $47,931
  • Program Service Revenue: $4,000
  • Gross Receipts: $5,063,386

    • Assets and Liabilities:
  • Total Assets: $5,923,855
  • Total Liabilities: $217,117
  • Net Assets: $5,706,738
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENU

    Revenue

    $4,000

    Organization Details

    Founding Year

    2016

    Principal Officer

    Owain Evans

    Main Address

    440 N BARRANCA AVE 4405, COVINA, CA, 91723

    NTEE Category

    Code: U40 - Science research

    If you are a representative of Ought Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.