Nonprofit · EIN 85-2919136
BRINK TECHNOLOGY INC
Tax-exempt · AUSTIN, TX 78759
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,733,129 | $1,839,113 | $4,894,016 | $13,650,606 | $5,158 | $13,645,448 |
| December 31, 2023 | 990 | $6,715,850 | $1,500,247 | $5,215,603 | $8,108,056 | $324,128 | $7,783,928 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,421,502
- Program service revenue
- $0
- Investment income
- $311,627
- Net gain from sales of assets
- $148
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $319,769
- Compensation of officers, directors and key employees
- $100,008
- Other salaries and wages
- $837,434
- Salaries, compensation and benefits (total)
- $1,111,278
- Professional fundraising fees
- $0
- Legal fees
- $25,946
- Accounting fees
- $59,369
- Travel
- $112,230
- Program services (functional)
- $1,534,676
- Management and general (functional)
- $255,110
- Fundraising (functional)
- $49,327
Balance sheet and other
- Total assets, start of year
- $8,108,056
- Total assets, end of year
- $13,650,606
- Total liabilities, end of year
- $5,158
- Net assets, end of year
- $13,645,448
- Net assets without donor restrictions
- $9,664,542
- Net assets with donor restrictions
- $3,980,906
- Gross receipts
- $6,856,491
- Employees
- 7
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Schmidt | Director, President Trustee or director, Officer | 40 | $100,008 |
| Jonathan Bier | Director Trustee or director | 1 | $0 |
| Alexander Leishman | Director Trustee or director | 1 | $0 |
| Christian Decker | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Schmidt | Director, President Trustee or director, Officer | 40 | $100,008 |
| Christian Decker | Director Trustee or director | 1 | $0 |
| Gerald Brito | Director Trustee or director | 1 | $0 |
| Jonathan Bier | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 10900 RESEARCH BLVD STE 160C 2054, AUSTIN, TX 78759-5718
- In care of
- % KEITH KEHRER
- Principal officer (990 for 2024)
- Michael Schmidt, 10900 Research Blvd Ste 160C 2054, Austin, TX 78759
- Signed the 990
- Michael Schmidt, Chair of Board
- Phone
- (737) 788-7580
- Return prepared by
- Rogers & Company PLLC
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.
Program accomplishments
- General 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.Expenses $1,473,130 · grants $319,769
- Optech - Optech works to bring the best open source technologies and techniques to Bitcoin-using businesses in order to lower costs and improve customer experiences.Expenses $18,582
- CoreDev - CoreDev Events are specifically designed for engineers to get together in person to work on Bitcoin Core related projects.Expenses $42,964
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-2919136
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U40)
- Assets (IRS master file)
- $13,650,606
- Income (IRS master file)
- $6,856,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,733,129 | $1,839,113 | $13,650,606 | IRS |
| 990 | December 2023 | $6,715,850 | $1,500,247 | $8,108,056 | XML |
| 990 | December 2022 | $848,075 | $1,741,596 | $2,687,445 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2919136).
Questions about BRINK TECHNOLOGY INC
- What is the EIN of BRINK TECHNOLOGY INC?
- The employer identification number (EIN) of BRINK TECHNOLOGY INC is 85-2919136.
- Is BRINK TECHNOLOGY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to BRINK TECHNOLOGY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRINK TECHNOLOGY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRINK TECHNOLOGY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRINK TECHNOLOGY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BRINK TECHNOLOGY INC?
- The 990 for the year ended December 31, 2024 names Michael Schmidt.
- Who are the officers and directors of BRINK TECHNOLOGY INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $100,008 (Michael Schmidt, Director, President).
- How much revenue does BRINK TECHNOLOGY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,733,129, expenses of $1,839,113 and total assets of $13,650,606 at year end.
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