Civic Intelligence

Brink Technology Inc.

990 • Fiscal year 2022 • EIN 85-2919136

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

10900 Research Blvd Ste 160C 2054Austin, TX 78759

(737) 788-7580

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

3rd percentile

-105%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$98,316

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

4th percentile

-33%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-81%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,687,445

Down $1,308,847 (-33%) from 2021

Net Assets

Down

$2,667,535

Down $1,214,166 (-31%) from 2021

Liabilities

Down

$19,910

Down $94,681 (-83%) from 2021

Revenue

Down

$848,075

Down $3,611,149 (-81%) from 2021

Expenses

Up

$1,741,596

Up $688,075 (+65%) from 2021

Net Income

Down

-$893,521

Down $4,299,224 (-126%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $562,704Liabilities 2020: $0Net Assets 2020: $562,7042020Assets 2021: $3,996,292Liabilities 2021: $114,591Net Assets 2021: $3,881,7012021Assets 2022: $2,687,445Liabilities 2022: $19,910Net Assets 2022: $2,667,5352022Assets 2023: $8,108,056Liabilities 2023: $324,128Net Assets 2023: $7,783,9282023Assets 2024: $13,650,606Liabilities 2024: $5,158Net Assets 2024: $13,645,4482024

Highlighted filing

2022

Assets$2,687,445
Liabilities$19,910
Net Assets$2,667,535

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $564,035Expenses 2020: $1,331Net Income 2020: $562,7042020Revenue 2021: $4,459,224Expenses 2021: $1,053,521Net Income 2021: $3,405,7032021Revenue 2022: $848,075Expenses 2022: $1,741,596Net Income 2022: -$893,5212022Revenue 2023: $6,715,850Expenses 2023: $1,500,247Net Income 2023: $5,215,6032023Revenue 2024: $6,733,129Expenses 2024: $1,839,113Net Income 2024: $4,894,0162024

Highlighted filing

2022

Revenue$848,075
Expenses$1,741,596
Net Income-$893,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,704,570
Mission and Program Overview

Mission

Brink exists to strengthen the Bitcoin protocol and network through fundamental research and development, and to support the Bitcoin developer community through funding, education, and mentoring.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,972,259$1,937,531▼ $34,728
Accounts Receivable$600,000--
Savings and Temporary Cash Investments-$388,216-
Investments Other Securities$1,413,681$207,407▼ $1,206,274
Pledges and Grants Receivable-$144,008-
Prepaid Expenses and Deferred Charges$4,564$4,495▼ $69
Total Assets$3,996,292$2,687,445▼ $1,308,847
Other Assets Total$5,788$5,788→ $0
Liabilities
Accounts Payable and Accrued Expenses$114,591$19,910▼ $94,681
Total Liabilities$114,591$19,910▼ $94,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,881,701$2,138,353▼ $1,743,348
Net Assets With Donor Restrictions-$529,182-
Total Net Assets Fund Balance$3,881,701$2,667,535▼ $1,214,166
Total Liabilities and Net Assets / Fund Balance$3,996,292$2,687,445▼ $1,308,847

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$207,407--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael SchmidtDirector, PresidentFT$98,316$98,316

Board Members and Trustees

NameTitle
Carla Kirk-CohenDirector
Christian DeckerDirector
David HardingDirector
Jerry BritoDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,851,593
Program Service Revenue
$0
Investment Income
$-1,003,518
Other Revenue
$0
All Other Contributions
$1,851,593
Change in Net Assets
$-893,521

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$983,500Fair Market Value (FMV)
Total Noncash Contributions1$983,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$885,000
Other Expenses$521,671
Salaries, Compensation, and Employee Benefits$334,925
Total Fundraising Expense$55,442
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$625,000--$625,000
Grants to Domestic Individuals$260,000--$260,000
Fees for Services Other$52,413$153,581$32,520$238,514
Other Salaries and Wages$179,455$5,598-$185,053
Current Officers, Directors, Trustees, and Key Employees$95,342$2,974-$98,316
Office Expenses$65,772$9,975-$75,747
Travel$51,676$38-$51,714
Fees for Services Accounting-$38,013-$38,013
Other Employee Benefits$29,491$919-$30,410
Conferences and Meetings$69-$22,003$22,072
Pension Plan Contributions$20,506$640-$21,146
Other Expenses$12,591$1,503$919$15,013
Insurance$481$7,775-$8,256
Fees for Services Legal-$3,703-$3,703
Information Technology-$23-$23
Total Functional Expenses$1,461,412$224,742$55,442$1,741,596
International Activity

International Summary

Offices
1
Employees
4
Spending
$625,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumFellowships and grants-14$610,000
South AmericaGrants-00$15,000
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
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

The Organization did not have committees.

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

The Organization hires an independent auditing firm who will do an audit and from the audit prepare the 990. Once prepared the board will review.

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

The board members sign the conflict of interest and will voluntarily disclose if/when there is a conflict.

Form 990, Part VI, Section B, line 15

The Executive Director's salary and bonus are discussed and voted on by the Board.

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
Brink Technology Inc
EIN
85-2919136
Phone
7377887580
Address
10900 Research Blvd Ste 160C 2054, Austin, TX 78759

Signing Officer

Name
Michael Schmidt
Title
Chair of Board
Phone
7377887580
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Schmidt
Formed
2020
Legal Domicile
De
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Jie Chen CPA
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

New program for this year - CoreDev Events are specifically designed for engineers to get together in person to work on Bitcoin Core related projects.

Form 990, Part IX, line 11G

Contractor: Program service expenses 52,413. Management and general expenses 153,581. Fundraising expenses 32,520. Total expenses 238,514.

Form 990, Part XI, line 9:

Impairment losses -399,665. Pledge write-off -150,000. Grant credits and other adjustments 184,154.

Financial Statement Notes

Part X, Line 2:

Management has evaluated Brink's tax positions and concluded that Brink's financial statements do not include any uncertain tax positions.

Part XI, Line 2D - Other Adjustments:

Impairment losses

Part XII, Line 2D - Other Adjustments:

Pledge write-off

Part XII, Line 4B - Other Adjustments:

Grant credits and other adjustments

Raw XML AppendixShowing 400 of 506 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0114591
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019910
IRS990/AccountsReceivableGrp/BOYAmt0600000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Brink exists to strengthen the Bitcoin protocol and network through fundamental research and development, and to support the Bitcoin developer community through funding, education, and mentoring.
IRS990/AllOtherContributionsAmt01851593
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Antonie Hodge
IRS990/BooksInCareOfDetail/PhoneNum07377887580
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010900 Research Blvd Ste 160C 2054
IRS990/BooksInCareOfDetail/USAddress/CityNm0Austin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078759
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01972259
IRS990/CashNonInterestBearingGrp/EOYAmt01937531
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02974
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt095342
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt098316
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt022003
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt069
IRS990/ConferencesMeetingsGrp/TotalAmt022072
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01851593
IRS990/CYGrantsAndSimilarPaidAmt0885000
IRS990/CYInvestmentIncomeAmt0-1003518
IRS990/CYOtherExpensesAmt0521671
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-893521
IRS990/CYSalariesCompEmpBnftPaidAmt0334925
IRS990/CYTotalExpensesAmt01741596
IRS990/CYTotalFundraisingExpenseAmt055442
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0848075
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0General programs - We support and mentor new contributors to open source Bitcoin development through our fellowship and support the work of established Bitcoin protocol engineers through grants.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0529182
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01438729
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038013
IRS990/FeesForServicesAccountingGrp/TotalAmt038013
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03703
IRS990/FeesForServicesLegalGrp/TotalAmt03703
IRS990/FeesForServicesOtherGrp/FundraisingAmt032520
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0153581
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt052413
IRS990/FeesForServicesOtherGrp/TotalAmt0238514
IRS990/ForeignActivitiesInd01
IRS990/ForeignCountryCd0UK
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignGrantsGrp/ProgramServicesAmt0625000
IRS990/ForeignGrantsGrp/TotalAmt0625000
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Schmidt
IRS990/Form990PartVIISectionAGrp/PersonNm1Christian Decker
IRS990/Form990PartVIISectionAGrp/PersonNm2Jerry Brito
IRS990/Form990PartVIISectionAGrp/PersonNm3Carla Kirk-Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm4David Harding
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt098316
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director, President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-408236
IRS990/GainOrLossGrp/SecuritiesAmt0-600250
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0885000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0260000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0260000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0464761
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0383248
IRS990/GrossReceiptsAmt02704570
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt023
IRS990/InformationTechnologyGrp/TotalAmt023
IRS990/InsuranceGrp/ManagementAndGeneralAmt07775
IRS990/InsuranceGrp/ProgramServicesAmt0481
IRS990/InsuranceGrp/TotalAmt08256
IRS990/InvestmentIncomeGrp/ExclusionAmt04968
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04968
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01413681
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0207407
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0872997
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0983498
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Brink exists to strengthen the Bitcoin protocol and network through fundamental research and development, and to support the Bitcoin developer community through funding, education, and mentoring.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt03881701
IRS990/NetAssetsOrFundBalancesEOYAmt02667535
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1008486
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1008486
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03881701
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02138353
IRS990/NoncashContributionsAmt0983500
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09975
IRS990/OfficeExpensesGrp/ProgramServicesAmt065772
IRS990/OfficeExpensesGrp/TotalAmt075747
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05788
IRS990/OtherAssetsTotalGrp/EOYAmt05788
IRS990/OtherChangesInNetAssetsAmt0-365511
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0919
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029491
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030410
IRS990/OtherExpensesGrp/Desc0Relocation expenses
IRS990/OtherExpensesGrp/Desc1CoreDev expense
IRS990/OtherExpensesGrp/Desc2Online accounts expense
IRS990/OtherExpensesGrp/FundraisingAmt0919
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01503
IRS990/OtherExpensesGrp/ProgramServicesAmt050884
IRS990/OtherExpensesGrp/ProgramServicesAmt117732
IRS990/OtherExpensesGrp/ProgramServicesAmt212591
IRS990/OtherExpensesGrp/TotalAmt050884
IRS990/OtherExpensesGrp/TotalAmt117732
IRS990/OtherExpensesGrp/TotalAmt215013
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05598
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0179455
IRS990/OtherSalariesAndWagesGrp/TotalAmt0185053
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0640
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020506
IRS990/PensionPlanContributionsGrp/TotalAmt021146
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144008
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04495
IRS990/PrincipalOfficerNm0Michael Schmidt
IRS990/PriorPeriodAdjustmentsAmt044866
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Optech - Optech works to bring the best open source technologies and techniques to Bitcoin-using businesses in order to lower costs and improve customer experiences.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04951
IRS990/ProgSrvcAccomActy3Grp/Desc0CoreDev - CoreDev Events are specifically designed for engineers to get together in person to work on Bitcoin Core related projects.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017732
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04456844
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0373372
IRS990/PYInvestmentIncomeAmt02380
IRS990/PYOtherExpensesAmt0237298
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03405703
IRS990/PYSalariesCompEmpBnftPaidAmt0442851
IRS990/PYTotalExpensesAmt01053521
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04459224
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-893521
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0388216
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01851593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04456844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0564035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06872472
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04968
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04968
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04180799
IRS990ScheduleA/SubstantialContributorsTotAmt02691673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01851593
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04456844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0564035
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06872472
IRS990ScheduleA/TotalSupportAmt06877440
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0207407
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Virtual currency
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated Brink's tax positions and concluded that Brink's financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Impairment losses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Pledge write-off
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Grant credits and other adjustments
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0207407
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0610000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt115000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Fellowships and grants
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grants
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0390000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt115000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Cash
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1Cash
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt010
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgiu
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1South America
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Grant to work as an engineer on bitcoin core
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1Grant to work as an engineer on bitcoin core
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1120000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Cash
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1Cash
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Engineer to work on bitcoin core
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1Engineer to work on bitcoin core
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Europe (Including Iceland & Greenland)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Europe (Including Iceland & Greenland)
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0625000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Follow up with the Executive Director.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Accounting Method:
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalOtherOrgCnt02
IRS990ScheduleF/TotalSpentAmt0625000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0260000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Follow up with Executive Director
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0983500
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0New program for this year - CoreDev Events are specifically designed for engineers to get together in person to work on Bitcoin Core related projects.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization did not have committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization hires an independent auditing firm who will do an audit and from the audit prepare the 990. Once prepared the board will review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board members sign the conflict of interest and will voluntarily disclose if/when there is a conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Executive Director's salary and bonus are discussed and voted on by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Contractor: Program service expenses 52,413. Management and general expenses 153,581. Fundraising expenses 32,520. Total expenses 238,514.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Impairment losses -399,665. Pledge write-off -150,000. Grant credits and other adjustments 184,154.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Brink Technology Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/AddressLine1Txt0205 Lavender Hill
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CityNm0London
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CountryCd0UK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0UK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Software development
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Brink Technology Ltd
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt048475
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0501677
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings