Civic Intelligence

Rapid Science Inc.

990 • Fiscal year 2022 • EIN 46-3875441

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileRAPIDSCIENCE.ORG
CO 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

51st percentile

0.00x

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

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.00x

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

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Net Margin

91st percentile

72%

Higher net margin than 91% of similar nonprofits.

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$5,515

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

848%

Faster asset growth than 98% of similar nonprofits.

2022 filings • NTEE E • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

366%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • NTEE E • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$84,736

Up $75,801 (+848%) from 2021

Net Assets

Up

$84,736

Up $75,801 (+848%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin91st percentile

Revenue

Up

$104,930

Up $82,430 (+366%) from 2021

Expenses

Down

$29,129

Down $88,206 (-75%) from 2021

Net Income

Up

$75,801

Up $170,636 (+180%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2022

Assets$84,736
Liabilities$0
Net Assets$84,736
Open 2022 Filing

Operations Trend

Revenue Growth94th 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

2022

Revenue$104,930
Expenses$29,129
Net Income$75,801
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$104,930
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$8,935$84,736▲ $75,801
Rtn Earn Endowment Incm Other Fnds$-94,835$75,801▲ $170,636
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$8,935$84,736▲ $75,801
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,935$84,736▲ $75,801
Total Liabilities and Net Assets / Fund Balance$8,935$84,736▲ $75,801
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleBaseTotal
Sarah GreeneDirector and CEO$5,515$5,515

Board Members and Trustees

NameTitle
Carol J LeeDirector
Keith R YamamotoDirector
Kristen RatanDirector
David MooreDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,930
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$104,930
Change in Net Assets
$75,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,663
Salaries, Compensation, and Employee Benefits$6,466
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$1,103$4,412-$5,515
Office Expenses$1,520$380-$1,900
Payroll Taxes$761$190-$951
Fees for Services Other$702$176-$878
Other Expenses$344$86-$430
All Other Expenses$220$55-$275
Total Functional Expenses$19,994$9,135$0$29,129
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
CO SARAH GREENE 430 4TH STREET, BROOKLYN, NY 11215

Signing Officer

Name
Sarah Greene
Title
CEO
Phone
9177235452
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Greene
Formed
2013
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
1
Volunteers
0

Preparer

Firm
MACIAS GINI & O'CONNELL LLP
Address
445 BROADHOLLOW ROAD SUITE 319, MELVILLE, NY 11747
Preparer
Steven Wolpow
Phone
5164095000
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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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH GREENE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09177235452
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAPID SCIENCE INC
ReturnHeader/Filer/BusinessNameControlTxt0RAPI
ReturnHeader/Filer/EIN0463875441
ReturnHeader/Filer/PhoneNum09177235452
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO SARAH GREENE 430 4TH STREET
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011215
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680300457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MACIAS GINI & O'CONNELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 BROADHOLLOW ROAD SUITE 319
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05164095000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN WOLPOW
ReturnHeader/ReturnTs02023-11-15T14:53:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SARAH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GREENE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,736
Liabilities
$0
Net assets
$84,736
Revenue
$104,930
Expenses
$29,129
Net income
$75,801
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
2022Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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