Civic Intelligence

Rapid Science Inc.

990 • Fiscal year 2017 • EIN 46-3875441

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

Organization ProfileRAPIDSCIENCE.ORG
C/O Sarah Greene 430 4th StreetBrooklyn, NY 11215

(917) 723-5452

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

11th percentile

-34%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

3rd percentile

-92%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$6,696

Down $75,117 (-92%) from 2016

Net Assets

Down

$6,696

Down $73,785 (-92%) from 2016

Liabilities

Down

$0

Down $1,332 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin11th percentile

Revenue

Up

$215,000

Up $73,000 (+51%) from 2016

Expenses

Up

$288,784

Up $119,841 (+71%) from 2016

Net Income

Down

-$73,784

Down $46,841 (-174%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2015: $108,063Liabilities 2015: $639Net Assets 2015: $107,4242015Assets 2016: $81,813Liabilities 2016: $1,332Net Assets 2016: $80,4812016Assets 2017: $6,696Liabilities 2017: $0Net Assets 2017: $6,6962017Assets 2018: $16,577Liabilities 2018: $0Net Assets 2018: $16,5772018Assets 2019: $49,499Liabilities 2019: $0Net Assets 2019: $49,4992019Assets 2020: $110,015Liabilities 2020: $6,245Net Assets 2020: $103,7702020Assets 2021: $8,935Liabilities 2021: $0Net Assets 2021: $8,9352021Assets 2022: $84,736Liabilities 2022: $0Net Assets 2022: $84,7362022Assets 2023: $17,011Liabilities 2023: $0Net Assets 2023: $17,0112023Assets 2024: $123,341Liabilities 2024: $0Net Assets 2024: $123,3412024

Highlighted filing

2017

Assets$6,696
Liabilities$0
Net Assets$6,696
Open 2017 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2015: $137,575Expenses 2015: $30,151Net Income 2015: $107,4242015Revenue 2016: $142,000Expenses 2016: $168,943Net Income 2016: -$26,9432016Revenue 2017: $215,000Expenses 2017: $288,784Net Income 2017: -$73,7842017Revenue 2018: $155,000Expenses 2018: $145,119Net Income 2018: $9,8812018Revenue 2019: $382,688Expenses 2019: $349,766Net Income 2019: $32,9222019Revenue 2020: $281,088Expenses 2020: $226,817Net Income 2020: $54,2712020Revenue 2021: $22,500Expenses 2021: $117,335Net Income 2021: -$94,8352021Revenue 2022: $104,930Expenses 2022: $29,129Net Income 2022: $75,8012022Revenue 2023: $10,000Expenses 2023: $77,662Net Income 2023: -$67,6622023Revenue 2024: $236,153Expenses 2024: $129,823Net Income 2024: $106,3302024

Highlighted filing

2017

Revenue$215,000
Expenses$288,784
Net Income-$73,784
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$215,000
Mission and Program Overview

Mission

To speed translational science, its accuracy, its dissemination to the clinic, and feedback regarding its efficiency. Products & services include social media tools for sharing data, a new publishing format and reward metrics to gauge collaborative efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$81,813$5,502▼ $76,311
Other Notes and Loans Receivable, Net-$1,035-
Investments Other Securities-$159-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-73,784▼ $73,784
Total Assets$81,813$6,696▼ $75,117
Liabilities
Accounts Payable and Accrued Expenses$1,333--
Total Liabilities$1,333$0▼ $1,333
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,480$6,696▼ $73,784
Total Liabilities and Net Assets / Fund Balance$81,813$6,696▼ $75,117
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Sarah GreeneDirector and CEO$24,000$24,000

Board Members and Trustees

NameTitle
Bruce AlbertsDirector & Chairman
Laurence MartonDirector
Rebecca KennisonDirector
Peter FrishaufDirector & Secretary
John DanforthDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$215,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$215,000
Change in Net Assets
$-73,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,698
Salaries, Compensation, and Employee Benefits$26,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$19,200$4,800-$24,000
Travel$2,571$643-$3,214
Payroll Taxes$1,669$417-$2,086
Fees for Services Accounting$1,200$300-$1,500
Fees for Services Other$498$125-$623
Office Expenses$146$36-$182
Other Expenses$54$14-$68
Total Functional Expenses$231,026$57,758$0$288,784
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review will be conducted.”

Form 990, Part VI, Section C, Line 19

“Financials available upon request.”

Filing and Contact Details

Filer

Filer Name
Rapid Science Inc
EIN
46-3875441
Phone
9177235452
Address
C/O SARAH GREENE 430 4TH STREET, BROOKLYN, NY 11215

Signing Officer

Name
Sarah Greene
Title
CEO
Phone
9177235452
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Greene
Formed
2013
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Nussbaum Yates Berg Klein & Wolpow Llp
Address
445 BROADHOLLOW RD STE 319, MELVILLE, NY 11747
Preparer
Dennis R Klein CPA
Phone
6318455252
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011215
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D0B351CE8FC5EF8D54D3524540F70B8ADDFFA4B3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0372A08A059425B3B92F748D37E5F2024604C5492
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.162.9.218
ReturnHeader/FilingSecurityInformation/IPDt02018-08-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:05:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260221653
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NUSSBAUM YATES BERG KLEIN & WOLPOW LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 BROADHOLLOW RD STE 319
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum06318455252
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS R KLEIN CPA
ReturnHeader/ReturnTs02018-08-09T13:25:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,696
Liabilities
$0
Net assets
$6,696
Revenue
$215,000
Expenses
$288,784
Net income
-$73,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$2.36$1.30$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.10$0.78$0.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$1.05$0.29$0.76
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.23$1.17$0.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.06$1.04$2.81$2.27$0.54
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$3.83$3.50$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$1.55$1.45$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$2.15$2.89$0.74
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.80$1.42$1.69$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.07$1.38$0.30$1.07