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EIN 85-2919136

Brink Technology

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Austin
State
Texas
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
U40: Engineering and Technology Research, Services
Description
Brink Technology strengthens the Bitcoin protocol and network through fundamental research and development, while supporting the Bitcoin developer community with funding, education, and mentoring. Brink's fellowship program mentors new contributors to open source Bitcoin development, while their grant program supports established Bitcoin protocol engineers. Through Optech, Brink brings the best open-source technologies to Bitcoin-using businesses in order to lower costs and improve customer experiences. Brink Technology is located in Austin, TX.
Total revenues
$6,715,850
2023
Total expenses
$1,500,247
2023
Total assets
$8,108,056
2023
Num. employees
5
2023

Program areas at Brink Technology

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

Who funds Brink Technology

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,020,000
Charities Aid Foundation of AmericaCharitable Donation$150,000
The Chicago Community TrustGeneral Operating Support$125,830
...and 1 more grant received

Personnel at Brink Technology

NameTitleCompensation
Michael SchmidtChair of Board$98,316
John NewberyDirector , President / President and Treasurer , Director$344,072

Financials for Brink Technology

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,560,229
Program services$0
Investment income and dividends$96,436
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$59,185
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,715,850

Form 990s for Brink Technology

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-14990View PDF
2021-122023-12-11990View PDF
2021-122022-11-11990View PDF
2020-122021-10-29990View PDF
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $150,000 from Charities Aid Foundation of America
January 22, 2024
Updated personnel
Identified 1 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $147,781 from Charities Aid Foundation of America
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchOperates internationallyNational levelTax deductible donations
General information
Address
10900 Research Blvd 2054 Ste 160c
Austin, TX 78759
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Phone
(737) 788-7580
IRS details
EIN
85-2919136
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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