Overview
What is Brink Technology Inc?
Brink Technology Inc, based in Austin, Texas, is a nonprofit organization dedicated to enhancing the Bitcoin protocol and network. They achieve this goal through fundamental research, development, and by providing support to the Bitcoin developer community. Brink's mission involves funding, educating, and mentoring established Bitcoin protocol engineers, as well as nurturing new contributors to open source Bitcoin development through fellowships. Their aim is to foster a thriving and robust Bitcoin ecosystem.
Is Brink Technology Inc legitimate?
Brink Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brink Technology Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $98,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,053
For more financial information, click here
What is the mission statement of Brink Technology Inc?
Brink Technology Inc's mission is centered around strengthening the Bitcoin protocol and network. They accomplish this through conducting fundamental research and development, and by offering support to the Bitcoin developer community. This support is provided through various means, including funding, education, and mentoring for new contributors to open source Bitcoin development, as well as grants for established engineers working on the Bitcoin protocol. Overall, Brink Technology Inc aims to foster the growth and advancement of the Bitcoin network and its community.
Who is the CEO of Brink Technology Inc?
Michael Schmidt is the Director, President of Brink Technology Inc.
What is the revenue of Brink Technology Inc?
Brink Technology Inc's revenue in 2022 was $848,075.
Who are the executives of Brink Technology Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $98,316
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Brink Technology Inc?
Brink Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brink Technology Inc
Brink Technology Inc, an organization dedicated to strengthening the Bitcoin protocol and network, accomplishes this mission through two primary avenues. Firstly, they engage in fundamental research and development to enhance the Bitcoin network's foundations. Secondly, Brink supports the Bitcoin developer community by providing funding, education, and mentorship. This holistic approach aims to foster a vibrant and innovative Bitcoin developer ecosystem, ensuring the continued growth and resilience of the Bitcoin protocol.
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Impact
July, 2024
Brink Technology Inc's impact lies in its dedicated efforts to strengthen the Bitcoin protocol and network through fundamental research and development. By providing support and mentorship to new contributors in open source Bitcoin development and offering grants to established protocol engineers, Brink is actively contributing to the advancement of this critical technology. Through its mission to support the Bitcoin developer community with funding, education, and mentoring, Brink is playing a vital role in ensuring the continued growth and innovation of the Bitcoin ecosystem.
This information is meant to be a general summary of Brink Technology Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,003,518
- Gross Receipts: $2,704,570
Assets and Liabilities:
- Total Assets: $2,687,445
- Total Liabilities: $19,910
- Net Assets: $2,667,535
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Organization Details
Founding Year
2020
Phone
(737) 788-7580Principal Officer
Michael Schmidt
Main Address
10900 Research Blvd Ste 160C 2054, Austin, TX, 78759
NTEE Category
Code: U40 - Science research
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