Nonprofit · EIN 81-2121304
OUGHT INC
Tax-exempt · COVINA, CA 91723
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $8,185,576 | $43,510 | $8,142,066 | $10,107,687 | $9,476 | $10,098,211 |
| February 29, 2024 | 990 | $2,159,515 | $2,409,810 | -$250,295 | $1,959,355 | $3,210 | $1,956,145 |
| February 28, 2023 | 990 | $5,063,386 | $3,124,620 | $1,938,766 | $5,923,855 | $217,117 | $5,706,738 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $8,184,874
- Net gain from sales of assets
- $8,184,800
- Other revenue
- $702
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $19,402
- Accounting fees
- $14,200
- Travel
- $165
- Depreciation
- $3,033
- Program services (functional)
- $3,099
- Management and general (functional)
- $40,411
Balance sheet and other
- Total assets, start of year
- $1,959,355
- Total assets, end of year
- $10,107,687
- Total liabilities, end of year
- $9,476
- Net assets, end of year
- $10,098,211
- Land, buildings and equipment
- $11,302
- Net assets without donor restrictions
- $10,098,211
- Gross receipts
- $8,185,576
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2016
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OWAIN EVANS | BOARD MEMBER & CEO Trustee or director, Officer | 50 | $0 |
| PAUL CHRISTIANO | BOARD MEMBER (THRU 05/24) Trustee or director | 1 | $0 |
| OWEN COTTON-BARRATT | BOARD MEMBER Trustee or director | 1 | $0 |
| LUKAS FINNVEDEN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended February 29, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN D REPPERT | MACHINE LEARNING RESEARCH Highest-paid employee | 50 | $163,953 | $19,982 |
| IAN HORN | MACHINE LEARNING RESEARCH Highest-paid employee | 50 | $140,055 | $13,302 |
| WILLIAM L STEBBING | SOFTWARE ENGINEER Highest-paid employee | 50 | $131,360 | $20,453 |
| ANDREAS STUHLMULLER | BOARD MEMBER & CEO (THROUGH 8/2023) Trustee or director, Officer | 50 | $131,000 | $17,408 |
| JUNGWON BYUN | CHIEF OPERATING OFFICER Officer | 50 | $128,776 | $17,840 |
| BENJAMIN E RACHBACH | EXPERIMENTER Highest-paid employee | 50 | $117,156 | $14,358 |
| CHARLES GEORGE | MACHINE LEARNING RESEARCH Highest-paid employee | 50 | $112,021 | $5,292 |
| OWEN COTTON-BARRATT | BOARD MEMBER (START 5/2023) Trustee or director | 1 | $0 | $0 |
| OWAIN EVANS | BOARD MEMBER & CEO (START 8/2023) Trustee or director, Officer | 1 | $0 | $0 |
| PAUL CHRISTIANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended February 28, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN D REPPERT | MACHINE LEARNING RESEARCH ENGINEER Highest-paid employee | 50 | $175,740 | $8,133 |
| WILLIAM L STEBBING | SOFTWARE ENGINEER Highest-paid employee | 50 | $178,003 | $5,700 |
| JUNGWON BYUN | CHIEF OPERATING OFFICER Officer | 50 | $167,035 | $6,467 |
| ANDREAS STUHLMULLER | BOARD MEMBER & CEO Trustee or director, Officer | 50 | $167,494 | $5,550 |
| BENJAMIN E RACHBACH | EXPERIMENTER Highest-paid employee | 50 | $128,834 | $4,453 |
| AMANDA NGO | PRODUCT MANAGER Highest-paid employee | 50 | $122,436 | $2,600 |
| OWAIN EVANS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL CHRISTIANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 440 N BARRANCA AVE 4405, COVINA, CA 91723-1722
- In care of
- % ACG LLP
- Principal officer (990 for 2024)
- OWEN COTTON-BARRATT, 440 N BARRANCA AVE 4405, COVINA, CA 91723
- Signed the 990
- OWEN COTTON-BARRATT, DIRECTOR
- Phone
- (415) 480-0407
- Website
- WWW.OUGHT.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 81-2121304 or by the name OUGHT INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
OUR MISSION IS TO SCALE UP GOOD REASONING. WE WANT MACHINE LEARNING TO HELP AS MUCH WITH THINKING AND REFLECTION AS IT DOES WITH TASKS THAT HAVE CLEAR SHORT-TERM OUTCOMES.
Program accomplishments
- OUGHT INC. IS A RESEARCH LAB THAT CONDUCTS CONCEPTUAL AND EMPIRICAL RESEARCH ON SUPPORTING DELIBERATION USING ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING. WE SHARE OUR FINDINGS OPENLY. TO THIS END, WE HAVE PUBLISHED A TAXONOMY OF APPROACHES TO DECOMPOSING COMPLEX REASONING ABOUT NATURAL LANGUAGE QUESTIONS INTO SMALL COMPONENT TASKS THAT CAN, IN PRINCIPLE, BE AUTOMATED.Expenses $3,099
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2121304
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U40)
- Assets (IRS master file)
- $10,107,687
- Income (IRS master file)
- $8,185,576
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $8,185,576 | $43,510 | $10,107,687 | XML |
| 990 | February 2024 | $2,159,515 | $2,409,810 | $1,959,355 | XML |
| 990 | February 2023 | $5,063,386 | $3,124,620 | $5,923,855 | XML |
| 990 | February 2022 | $796,178 | $1,559,266 | $3,932,251 | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990 | February 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | IRS |
| 990-EZ | February 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2121304).
Questions about OUGHT INC
- What is the EIN of OUGHT INC?
- The employer identification number (EIN) of OUGHT INC is 81-2121304.
- Is OUGHT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to OUGHT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OUGHT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OUGHT INC due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OUGHT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who is the principal officer of OUGHT INC?
- The 990 for the year ended February 28, 2025 names OWEN COTTON-BARRATT.
- Who are the officers and directors of OUGHT INC?
- The 990 for the year ended February 28, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does OUGHT INC have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $8,185,576, expenses of $43,510 and total assets of $10,107,687 at year end.
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