Liabilities / Assets
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$17,011
Down $67,725 (-80%) from 2022
Net Assets
Down$17,011
Down $67,725 (-80%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$10,000
Down $94,930 (-90%) from 2022
Expenses
Up$77,662
Up $48,533 (+167%) from 2022
Net Income
Down-$67,662
Down $143,463 (-189%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Jul 22, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $10,000
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.
The Rapid Science mission is to accelerate the pace and accuracy of scientific discovery through open, equitable, and collaborative practices. As a 501(c)(3) fiscal sponsor, to connect and strategize with organizations offering real-world solutions that transform vision to policies and practices.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| NSF EAGER/FLOES GRANT. In August 2023 ICOR/RS was named as a sub-awardee under primary awardee Massachusetts Institute of Technology, for a grant arising from the National Science Foundation's initiative "EAGER: Integrating Open and Equitable Research into Open Science. The PI of the grant is Chris Bourg of MIT Library Services and Co-PI is Kristen Ratan, Executive Director of Rapid Science. Within the context of this broadly stated initiative, Bourg and Ratan identified the need to answer current and future questions on the specific mechanisms for building an open and equitable world of research; they proposed establishing the "Fellows and Leaders in Open and Equitable Scholarship" (FLOEs). The 2023 accomplishment was strategizing with MIT and writing the grant proposal for ICOR's role, and after the grant was awarded ($118,974 for ICOR), developing a concrete plan and timeline and hiring a researcher to begin the work. While the first installment of the funds was not received by Rapid Science until April 2024 ($59,487), a portion of this amount is attributed as Program Service for the Q4 2023 strategic planning by ICOR's co-PI ($10,000 of allotted $64,545). The plan co-developed in 2023 identified four goals: conduct an Environmental Scan of Opportunities for FLOES research; gather intelligence from the broader community through stakeholder engagement; build and vet the Fellowship Program; develop guidance and practice for reporting on studies of equitable open scholarship to build a cumulative knowledge base and support a community of practice. During the startup phase in Q4 2023, candidates for research scientist on this project were interviewed and the position was filled in December. Dr. Amber Heidbrink began initial research that month, and a portion of the funds reserved for research analysis are attributed to Program Service ($5000 of allotted $40,000). The FLOES initiative will contribute to the long-term mission of ICOR/Rapid Science - i.e., seeking evidence on the efficacy of open research - by matching research initiatives seeking an evaluation plan with scholars who can strategize and conduct that research. | $118,974 | $15,000 |
| DEVELOP PLANS FOR TWCF OPEN COLLABORATIVE RESEARCH ENVIRONMENT. Rapid Science worked with ICOR to fulfill the objectives of a Donation/Grant received from the Templeton World Charity Foundation (TWCF), to assist in their newly announced scientific research program, Listening and Learning in a Polarized World (LLPW). Primary funding was received by ICOR/RS in June 2022 ($100,00) as an ongoing project to assist in the launch of LLPW as an open collaborative research project. This was the first such effort by TWCF, intended to serve as a model for future funding projects. Our proposed goal was to develop a blueprint, evidence and credit for collaborative open practices, and analyze and communicate to the larger community the effectiveness of these efforts. In 2023 we received an additional $10,000 Donation from TWCF to complete the analysis of the newly launched LLPW initiative, which by now had funded 14 university-based teams (approximately 40 scientists) from diverse disciplines, to determine attitudes and levels of shared data and collaborative activities. To fulfill our obligations laid out in the proposal, we recommended tools and developed guidelines and procedures to promote openness and collaboration among the teams as follows: created guidelines for conducting open research; recommended methods and tools for tracking compliance and gathering data on outputs already shared; ensuring the future usability of policy and implementation work conducted by preparing CC-BY templates, tool chain options, and other assets; reported on what has worked and what hasn't as an open blueprint that can help other funders; contributed to the body of evidence on how data collected can inform new metrics that will incentivize and reward open research; created a Certificate of Collaborative Open Research Excellence that documents an individual's achievements in collaborative open research, such as early sharing of incremental or null findings, commenting/discussing/reviewing colleagues' findings, including all research outputs needed to reproduce the work as part of a preprint or publication, and pursuing new collaborative activities; obtained feedback on the certificate with researchers both within LLPW; explored how the certificate can be used for career advancement and to assist with compliance with institutional and other policies; engaged with other open research funders to determine how this can be done as a potential collective effort; identified partners to integrate, host, and store data about certificates, such as ORCID and Center for Open Science. Although the ICOR's official role in the TWCF project has officially ended, several of the activities noted here continue within the context of ICOR's community activities described above. | $110,000 | $60,000 |
| COMMUNITY ENGAGEMENT WEBINARS AND PROJECT LIBRARY. The primary focus of Rapid Science in 2023 was to continue strategizing, directing and operationally facilitating the growth of its sponsored project, "Incentivizing Collaboration and Open Research" (ICOR; incentivizingopen.org). It is through this initiative that funding flows to Rapid Science; however, with regard to the project described here, the services were performed pro bono because there was no funding via grants or donations. This Program Service accomplishment was the development of Public Webinars to engage the community of organizations whose mission, like ICOR's, is to implement and study practical, real-life solutions involving tools and processes that promote sharing research data early and often, to create faster and more reproducible outcomes. Three interactive webinars were held with registration and attendance ranging from 80 to 160 individuals representing dozens of nonprofit and government organizations. The topics were (1) Seeking Evidence on Open Scholarship - May 17th; (2) Fostering Incentives and Rewards for Open Research - August 15th; and (3) Activating Open Research - December 13th. The three webinars presented 16 speakers from diverse organizations - including MIT, Ludwig University of Munich, National Academies Roundtable on Aligning Incentives, Stanford School of Medicine, Howard Hughes Medical Institute, The PEW Foundation, and the Gates Foundation. Extensive reports with meeting highlights were prepared and posted on the ICOR website and streaming webinars were posted on Vimeo. As the chat records (also posted) indicate, each webinar was highly interactive with audience Q&A. For these webinars, speakers, editors, strategists, technologists and other services were performed pro bono. The webinars were organized in conjunction with the launch of the new ICOR website, which features a Project Library of community efforts, identifying their mission, problem statements, solutions and goals, with keywords assigned to match and promote collaboration among like organizations. By the end of 2023, approximately 60 projects were cataloged in the Library. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kristen Ratan | Board Director/CEO | - | $0 | - | - |
| Sarah Greene | Board Director/Secretary | - | $0 | - | - |
| David Moore | Board Director/Treasurer | - | $0 | - | - |
| Keith Yamamoto | Board Director | - | $0 | - | - |
| Carol J Lee | Board Director | - | $0 | - | - |
| Kristen Ratan | Staff Executive Director | PT | $0 | - | - |
| Sarah Greene | Staff Director Of Operations | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Rapid Science Inc
- EIN
- 46-3875441
- Phone
- 9177235452
- Address
- 430 4th St, Brooklyn, NY 11215
Signing Officer
- Name
- Sarah Greene
- Title
- CEO
- Phone
- 9177235452
- Signed
- 2024-07-22
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Advance to Director of Operations for anticipated course in accounting which did not take place; to be reimbursed by Sarah Greene in 2024.”
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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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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Rapid Science mission is to accelerate the pace and accuracy of scientific discovery through open, equitable, and collaborative practices. As a 501(c)(3) fiscal sponsor, to connect and strategize with organizations offering real-world solutions that transform vision to policies and practices. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMMUNITY ENGAGEMENT WEBINARS AND PROJECT LIBRARY. The primary focus of Rapid Science in 2023 was to continue strategizing, directing and operationally facilitating the growth of its sponsored project, "Incentivizing Collaboration and Open Research" (ICOR; incentivizingopen.org). It is through this initiative that funding flows to Rapid Science; however, with regard to the project described here, the services were performed pro bono because there was no funding via grants or donations. This Program Service accomplishment was the development of Public Webinars to engage the community of organizations whose mission, like ICOR's, is to implement and study practical, real-life solutions involving tools and processes that promote sharing research data early and often, to create faster and more reproducible outcomes. Three interactive webinars were held with registration and attendance ranging from 80 to 160 individuals representing dozens of nonprofit and government organizations. The topics were (1) Seeking Evidence on Open Scholarship - May 17th; (2) Fostering Incentives and Rewards for Open Research - August 15th; and (3) Activating Open Research - December 13th. The three webinars presented 16 speakers from diverse organizations - including MIT, Ludwig University of Munich, National Academies Roundtable on Aligning Incentives, Stanford School of Medicine, Howard Hughes Medical Institute, The PEW Foundation, and the Gates Foundation. Extensive reports with meeting highlights were prepared and posted on the ICOR website and streaming webinars were posted on Vimeo. As the chat records (also posted) indicate, each webinar was highly interactive with audience Q&A. For these webinars, speakers, editors, strategists, technologists and other services were performed pro bono. The webinars were organized in conjunction with the launch of the new ICOR website, which features a Project Library of community efforts, identifying their mission, problem statements, solutions and goals, with keywords assigned to match and promote collaboration among like organizations. By the end of 2023, approximately 60 projects were cataloged in the Library. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | DEVELOP PLANS FOR TWCF OPEN COLLABORATIVE RESEARCH ENVIRONMENT. Rapid Science worked with ICOR to fulfill the objectives of a Donation/Grant received from the Templeton World Charity Foundation (TWCF), to assist in their newly announced scientific research program, Listening and Learning in a Polarized World (LLPW). Primary funding was received by ICOR/RS in June 2022 ($100,00) as an ongoing project to assist in the launch of LLPW as an open collaborative research project. This was the first such effort by TWCF, intended to serve as a model for future funding projects. Our proposed goal was to develop a blueprint, evidence and credit for collaborative open practices, and analyze and communicate to the larger community the effectiveness of these efforts. In 2023 we received an additional $10,000 Donation from TWCF to complete the analysis of the newly launched LLPW initiative, which by now had funded 14 university-based teams (approximately 40 scientists) from diverse disciplines, to determine attitudes and levels of shared data and collaborative activities. To fulfill our obligations laid out in the proposal, we recommended tools and developed guidelines and procedures to promote openness and collaboration among the teams as follows: created guidelines for conducting open research; recommended methods and tools for tracking compliance and gathering data on outputs already shared; ensuring the future usability of policy and implementation work conducted by preparing CC-BY templates, tool chain options, and other assets; reported on what has worked and what hasn't as an open blueprint that can help other funders; contributed to the body of evidence on how data collected can inform new metrics that will incentivize and reward open research; created a Certificate of Collaborative Open Research Excellence that documents an individual's achievements in collaborative open research, such as early sharing of incremental or null findings, commenting/discussing/reviewing colleagues' findings, including all research outputs needed to reproduce the work as part of a preprint or publication, and pursuing new collaborative activities; obtained feedback on the certificate with researchers both within LLPW; explored how the certificate can be used for career advancement and to assist with compliance with institutional and other policies; engaged with other open research funders to determine how this can be done as a potential collective effort; identified partners to integrate, host, and store data about certificates, such as ORCID and Center for Open Science. Although the ICOR's official role in the TWCF project has officially ended, several of the activities noted here continue within the context of ICOR's community activities described above. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | NSF EAGER/FLOES GRANT. In August 2023 ICOR/RS was named as a sub-awardee under primary awardee Massachusetts Institute of Technology, for a grant arising from the National Science Foundation's initiative "EAGER: Integrating Open and Equitable Research into Open Science. The PI of the grant is Chris Bourg of MIT Library Services and Co-PI is Kristen Ratan, Executive Director of Rapid Science. Within the context of this broadly stated initiative, Bourg and Ratan identified the need to answer current and future questions on the specific mechanisms for building an open and equitable world of research; they proposed establishing the "Fellows and Leaders in Open and Equitable Scholarship" (FLOEs). The 2023 accomplishment was strategizing with MIT and writing the grant proposal for ICOR's role, and after the grant was awarded ($118,974 for ICOR), developing a concrete plan and timeline and hiring a researcher to begin the work. While the first installment of the funds was not received by Rapid Science until April 2024 ($59,487), a portion of this amount is attributed as Program Service for the Q4 2023 strategic planning by ICOR's co-PI ($10,000 of allotted $64,545). The plan co-developed in 2023 identified four goals: conduct an Environmental Scan of Opportunities for FLOES research; gather intelligence from the broader community through stakeholder engagement; build and vet the Fellowship Program; develop guidance and practice for reporting on studies of equitable open scholarship to build a cumulative knowledge base and support a community of practice. During the startup phase in Q4 2023, candidates for research scientist on this project were interviewed and the position was filled in December. Dr. Amber Heidbrink began initial research that month, and a portion of the funds reserved for research analysis are attributed to Program Service ($5000 of allotted $40,000). The FLOES initiative will contribute to the long-term mission of ICOR/Rapid Science - i.e., seeking evidence on the efficacy of open research - by matching research initiatives seeking an evaluation plan with scholars who can strategize and conduct that research. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advance to Director of Operations for anticipated course in accounting which did not take place; to be reimbursed by Sarah Greene in 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | My accountant retired and this is the first year I have attempted to file by myself. My 501c3 has always had an extension, sent by my accountant, and this year I personally sent in Form 8868 for extension (by regular mail on May 5th) - not realizing it had to be sent by a an IRS-approved accountant/service. Mrs. Dixon at IRS explained that there is no record of the form at IRS, or possibly it wasn't accepted due to the personal filing. (I was trying to save my company $$ by filing it myself this year.) |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sarah Greene |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9177235452 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-07-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RAPID SCIENCE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RAPI |
| ReturnHeader/Filer/EIN | 0 | 463875441 |
| ReturnHeader/Filer/PhoneNum | 0 | 9177235452 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 430 4th St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Brooklyn |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11215 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-07-22T15:55:12-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Sarah |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Greene |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,011
- Liabilities
- $0
- Net assets
- $17,011
- Revenue
- $10,000
- Expenses
- $77,662
- Net income
- -$67,662