X PRIZE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

X PRIZE FOUNDATION INC

EIN 52-1876879 · Leadership Development (W70)

What they do

to BRING ABOUT RADICAL BREAKTHROUGHS for THE BENEFITS of HUMANITY, THEREBY INSPIRING THE FORMATION of NEW INDUSTRIES and THE REVITALIZATION of MARKETS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.95%of revenue went to mission work76.4% of expenses · Program services

14.29%of revenue went to fundraising13.8% of expenses

$103.37spent for every $100 of revenueSpending was higher than revenue this year.

10.14%of revenue went to management and office costs9.8% of expenses

$2.98in assets for every $1 spent this yearSome assets cannot be spent right away.

86.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,603,451 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,053,620 for ANOUSHEH ANSARI (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$47,528,889

Mission workProgram services$37,522,55978.95% of revenue76.4% of expenses

ManagementOffice and general costs$4,819,01710.14% of revenue9.8% of expenses

FundraisingAsking for donations$6,790,76414.29% of revenue13.8% of expenses

Total expenses$49,132,340103.37% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.4% mission · 9.8% management · 13.8% fundraisingTotal expenses: 103.37% of revenue

2023Expense mix: 58.0% mission · 18.2% management · 23.8% fundraisingTotal expenses: 84.28% of revenue

2022Expense mix: 69.3% mission · 11.5% management · 19.2% fundraisingTotal expenses: 131.67% of revenue

2021Expense mix: 55.6% mission · 25.5% management · 18.8% fundraisingTotal expenses: 118.59% of revenue

2020Expense mix: 74.3% mission · 14.1% management · 11.6% fundraisingTotal expenses: 105.84% of revenue

2019Expense mix: 69.8% mission · 18.9% management · 11.3% fundraisingTotal expenses: 181.24% of revenue

2018Expense mix: 66.5% mission · 24.5% management · 9.0% fundraisingTotal expenses: 226.49% of revenue

2017Expense mix: 44.6% mission · 47.7% management · 7.7% fundraisingTotal expenses: 131.49% of revenue

Money in and money out

Revenue$47,528,889

Expenses$49,132,340

Annual shortfall $1,603,451 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$37,522,559 · 76.4% of expenses

Management and office costs$4,819,017 · 9.8% of expenses

Fundraising$6,790,764 · 13.8% of expenses

See all reported dollar amounts

Revenue$47,528,889

Expenses$49,132,340

Assets$146,450,974

Income$94,595,700

Contributions$41,198,091

Mission work (program services)$37,522,559

Fundraising$6,790,764

Grants given$55,000

Average grant$18,333

Management and general$4,819,017

Accounting fees$112,791

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANOUSHEH ANSARICHIEF EXECUTIVE OFFICER · 40 hrs/week $1,053,620Base $1,017,714 · Other $35,906

STEELE FORDCHIEF ADVANCEMENT OFFICER · 40 hrs/week $435,613Base $389,359 · Other $46,254

JAMES MAINARDCHIEF TECHNOLOGY OFFICER · 40 hrs/week $402,520Base $370,159 · Other $32,361

ANDREW TAUHERTCHIEF IMPACT OFFICER · 40 hrs/week $347,216Base $323,946 · Other $23,270

KATHRYN MANDATOCHIEF PEOPLE OFFICER · 40 hrs/week $335,239Base $314,878 · Other $20,361

JAMIE JUSTICEEVP, HEALTH · 40 hrs/week $321,925Base $281,482 · Other $40,443

PETER HOULIHANEVP, BIODIVERSITY AND CONSERVATION · 40 hrs/week $316,549Base $300,158 · Other $16,391

OSE UGOCHUKWUGENERAL COUNSEL · 40 hrs/week $302,500Base $283,709 · Other $18,791

MICHAEL BIRNBACHCHIEF FINANCIAL OFFICER · 40 hrs/week $302,455Base $264,235 · Other $38,220

ELAINE HUNGENBERGSVP, PARTNERSHIPS AND IMPACT · 40 hrs/week $302,158Base $263,567 · Other $38,591

PETER DIAMANDISFOUNDER & CHAIRMAN · 40 hrs/week $296,051Base $254,129 · Other $41,922

ALEXANDER NICHOLASEVP, LEARNING AND SOCIETY · 40 hrs/week $269,195Base $252,282 · Other $16,913

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

ANOUSHEH ANSARICHIEF EXECUTIVE OFFICER

STEELE FORDCHIEF ADVANCEMENT OFFICER

JAMES MAINARDCHIEF TECHNOLOGY OFFICER

ANDREW TAUHERTCHIEF IMPACT OFFICER

KATHRYN MANDATOCHIEF PEOPLE OFFICER

JAMIE JUSTICEEVP, HEALTH

PETER HOULIHANEVP, BIODIVERSITY AND CONSERVATION

OSE UGOCHUKWUGENERAL COUNSEL

MICHAEL BIRNBACHCHIEF FINANCIAL OFFICER

ELAINE HUNGENBERGSVP, PARTNERSHIPS AND IMPACT

PETER DIAMANDISFOUNDER & CHAIRMAN

ALEXANDER NICHOLASEVP, LEARNING AND SOCIETY

LAUREN GREENLEEEVP, FOOD WATER WASTE

JENNIFER HASLIPCHIEF MARKETING OFFICER

MARK SIEGELBOARD MEMBER

ROBERT WEISSVICE CHAIRMAN

SALIM ISMAILBOARD MEMBER

LAUREN SELIGBOARD MEMBER

VANESSA SPEERBOARD MEMBER

LAETITIA GARRIOTT DE CAYEUXBOARD MEMBER

KELLY VLAHAKIS-HANKSBOARD MEMBER

JOHN FRANKBOARD MEMBER

JEFFREY SHAMESBOARD MEMBER

JAMES GIANOPULOSBOARD MEMBER

HELENE DESMARAISBOARD MEMBER UNTILL 04/1

GREGG MARYNIAKSECRETARY

GIL ELBAZBOARD MEMBER

ERIC ESRAILIANBOARD MEMBER

DON WALKERBOARD MEMBER

DAVID BLUNDINBOARD MEMBER

ANU JAINBOARD MEMBER

AMIR ANSARIBOARD MEMBER

About this charity

Recognized since: January 1999
Location: 10736 JEFFERSON BLVD SUITE 406, CULVER CITY, CA 90230
County: Los Angeles
In care of: MICHAEL BIRNBACH
Primary officer: MICHAEL BIRNBACH, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(310) 741-4880

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Leadership Development (W70)
IRS tax category: Leadership Development
Grant-giving organization: Yes