Public Charity

PROBABILITY MANAGEMENT INC

PROBABILITY MANAGEMENT INC is a Public Charity headquartered in PALO ALTO, CA. Financial data from the 2024 filing: $93K revenue, $88K expenses, $18K total assets.

EIN: 460572110 PALO ALTO, CA Employment N.E.C. NTEE: J99 Latest filing: 2024
Total Revenue$93K
Total Expenses$88K
Total Assets$18K
Grant Records0
Filing Years2019–2024

Mission

PROBABILITY MANAGEMENT'S MISSION IS TO ADVANCE UNAMBIGUOUS STANDARDS FOR COMMUNICATING AND MANAGING UNCERTAINTIES AS DATA. THE GOAL IS TO INCREASE TRANSPARENCY AND CONSISTENCY IN REPORTING AND CALCULATING WITH UNCERTAINTIES IN AREAS AS DIVERSE AS FINANCE, ENERGY, PHARMACEUTICALS, BANKING, THE ECONOMY, NATIONAL DEFENSE AND CLIMATE CHANGE. THE RESULTING REPRESENTATION OF UNCERTAINTIES MUST BE 1) ACTIONABLE, IN THAT UNCERTAINTIES MAY BE USED DIRECTLY IN CALCULATIONS OF POTENTIAL RISKS AND REWARD ACROSS VIRTUALLY ALL SOFTWARE PLATFORMS. 2) ADDITIVE, IN THAT UNCERTAINTIES MAY BE AGGREGATED ACROSS THE ENTERPRISE, AND 3) AUDITABLE, IN THAT DATA PROVENANCE IS MAINTAINED WITH RESPECT TO ACCURACY AND SECURITY.

Officers & Directors

DIRECTOR Deborah Gordon
CFO June Klein
ASSOCIATE DIRECTOR Michelle Hyndman
EXECUTIVE DIRECTOR Sam Savage

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $93K $88K $18K
2023 $191K $196K $12K
2022 $198K $246K $17K
2020 $268K $249K $89K
2019 $224K $222K $69K

Between 2019 and 2024, reported annual revenue declined from $224K to $93K (-58%), with total assets most recently reported at $18K.

Interactive year-over-year charts and full filing details available with membership.

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