Civic Intelligence

Maiden Labs Inc

EIN 85-0569795 • 501(c)3 • Boulder, CO

Pub. 78 Eligible

Profile

To center people in the decisions shaping the future of money. Our research empowers global technology, policy, and business leaders with the insights required to mitigate the risks and realize the opportunities of new, more equitable financial protocols.

1005 36th StreetBoulder, CO 80303

maidenlabs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

47th percentile

0.1%

Higher net margin than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

2.0%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

7149900%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$256,553

Up $4,937 (+2.0%) from 2023

Liabilities

Up

$4,739

Up $4,739 from 2023

Net Assets

Up

$251,814

Up $198 (+0.1%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin47th percentile

Revenue

Up

$143,000

Up $142,998 (+7149900%) from 2023

Expenses

Up

$142,802

Up $111,699 (+359%) from 2023

Net Income

Up

$198

Up $31,299 (+101%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2021: $555,364Liabilities 2021: $63,297Net Assets 2021: $492,0672021Assets 2022: $353,509Liabilities 2022: $79,964Net Assets 2022: $273,5452022Assets 2023: $251,616Liabilities 2023: $0Net Assets 2023: $251,6162023Assets 2024: $256,553Liabilities 2024: $4,739Net Assets 2024: $251,8142024

Highlighted filing

2024

Assets$256,553
Liabilities$4,739
Net Assets$251,814
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2021: $875,360Expenses 2021: $389,046Net Income 2021: $486,3142021Revenue 2022: $250,001Expenses 2022: $468,523Net Income 2022: -$218,5222022Revenue 2023: $2Expenses 2023: $31,103Net Income 2023: -$31,1012023Revenue 2024: $143,000Expenses 2024: $142,802Net Income 2024: $1982024

Highlighted filing

2024

Revenue$143,000
Expenses$142,802
Net Income$198
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$256,553
Liabilities
$4,739
Net assets
$251,814
Revenue
$143,000
Expenses
$142,802
Net income
$198
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$0.05$2.52$1.43$1.43$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$0.00$0.31$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.54$0.80$2.74$2.50$4.69$2.19
2021Detailed filing. Detailed filing data is available for this year.$5.55$0.63$4.92$8.75$3.89$4.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$143,000
Mission and Program Overview

Mission

To center people in the decisions shaping the future of money. Our research empowers global technology, policy, and business leaders with the insights required to mitigate the risks and realize the opportunities of new, more equitable financial protocols.

Maiden is a research lab focused on emerging technologies and the public good.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$143,000-
Cash and Non-Interest-Bearing Accounts$251,616$113,553▼ $138,063
Total Assets$251,616$256,553▲ $4,937
Liabilities
Accounts Payable and Accrued Expenses-$4,739-
Total Liabilities$0$4,739▲ $4,739
Net Assets / Fund Balance
Net Assets With Donor Restrictions$223,060$143,000▼ $80,060
Net Assets Without Donor Restrictions$28,556$108,814▲ $80,258
Total Net Assets Fund Balance$251,616$251,814▲ $198
Total Liabilities and Net Assets / Fund Balance$251,616$256,553▲ $4,937
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Shira FrankDirectorFT$38,216$38,216

Board Members and Trustees

NameTitle
Dr Sumedha DeshmukhInterim President
Erin GjefleMember
Sam StueweMember
Dayana MezaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$143,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$143,000
Change in Net Assets
$198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,586
Salaries, Compensation, and Employee Benefits$38,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$95,640--$95,640
Current Officers, Directors, Trustees, and Key Employees$38,216--$38,216
Information Technology-$4,943-$4,943
Conferences and Meetings$951$335-$1,286
Fees for Services Legal$775--$775
Office Expenses-$233-$233
Travel-$189-$189
Other Expenses$1,440$80-$80
Total Functional Expenses$137,022$5,780$0$142,802
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
Annual disclosure for covered persons
Yes
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
Yes
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

“A copy of the form 990 is provided to management and members of the board of directors for approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The board of directors discusses the conflict of interest policy annually and requires board members to disclose any potential conflicts and then reviews each issue to determine if a conflict exists.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Maiden Labs Inc
EIN
85-0569795
Phone
7207221974
Address
1005 36TH STREET, BOULDER, CO 80303

Signing Officer

Name
Shira Frank
Title
Director
Phone
7207221974
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Sumedha Deshmukh
Formed
2020
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
10

Preparer

Firm
Brock and Company Cpas Pc
Address
4940 PEARL EAST CR SUITE 300, BOULDER, CO 80301
Preparer
Kevin Rickman
Phone
3034442971
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Research contractors: program service expenses 95,640. Management and general expenses 0. Fundraising expenses 0. Total expenses 95,640.”

Raw XML Appendix320 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO MANAGEMENT AND MEMBERS OF THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS DISCUSSES THE CONFLICT OF INTEREST POLICY ANNUALLY AND REQUIRES BOARD MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS AND THEN REVIEWS EACH ISSUE TO DETERMINE IF A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESEARCH CONTRACTORS: PROGRAM SERVICE EXPENSES 95,640. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,640.
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IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0MAIDENLABS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHIRA FRANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07207221974
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIDEN LABS INC
ReturnHeader/Filer/BusinessNameControlTxt0MAID
ReturnHeader/Filer/EIN0850569795
ReturnHeader/Filer/PhoneNum07207221974
ReturnHeader/Filer/USAddress/AddressLine1Txt01005 36TH STREET
ReturnHeader/Filer/USAddress/CityNm0BOULDER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080303
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0840930288
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROCK AND COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04940 PEARL EAST CR SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOULDER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080301
ReturnHeader/PreparerPersonGrp/PhoneNum03034442971
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN RICKMAN
ReturnHeader/ReturnTs02025-11-10T14:48:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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