Quantum Gravity Research
- Assets
- $116.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Los Angeles, CA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-1202082
Organization Overview
Quantum Gravity Research is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2022, Quantum Gravity Research employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quantum Gravity Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Quantum Gravity Research generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 31.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Nadanarajah Chief Of Staff | 50 | $197,250 | |
Fang Fang Treasurer & Sr. Research Scientist | 50 | $150,000 | |
Klee Irwin Research Director | 50 | $50,000 | |
Chester David A Research Scientist | 40 | $110,000 | |
Aschheim Raymond Research Scientist | 40 | $102,100 | |
Clawson Richard D Research Scientist | 40 | $99,231 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,456,060 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,456,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $405,327 |
| Other employee salaries and wages | $1,168,676 |
| Pension plans, employee benefits | $0 |
| Interest | $13,141 |
| Taxes | $1,901 |
| Depreciation | $27,274 |
| Occupancy | $12,720 |
| Travel, conferences, and meetings | $62,079 |
| Printing and publications | $0 |
| Other expenses | $93,846 |
| Total operating and administrative expenses | $1,972,637 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $1,985,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,172 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,610 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $91,509 |
| Other assets | $0 |
| Total assets | $116,291 |
| Accounts payable and accrued expenses | $202,537 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $500,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $702,537 |
Grants Awarded
Over the last fiscal year, Quantum Gravity Research has awarded $50,019 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AHMED FARAQ ALI PURPOSE: QUANTUM GRAVITY PHENOMENOLOGY; MODIFIED GRAVITY, AND IMPLICATIONS IN ASTROPHYSICS, COSMOLOGY AND BLACK HOLES; AND QUANTUM RAYCHAUDHURI EQUATION AND IMPLICATIONS IN COSMOLOGY AND BLACK HOLES. | $26,000 |
PIERO TRUINI PURPOSE: SCIENTIFIC RESEARCH | $16,319 |
MICHEL PLANAT PURPOSE: SCIENTIFIC RESEARCH | $7,500 |
MANZANITA SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $200 |