Rapid Science Inc
- Assets
- $17.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Brooklyn, NY
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-3875441
Organization Overview
Rapid Science Inc is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rapid Science Inc 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 12/2023, Rapid Science Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $77.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SPEED TRANSLATIONAL SCIENCE, ITS ACCURACY, ITS DISSEMINATION TO THE CLINIC, AND FEEDBACK REGARDING ITS EFFICIENCY. PRODUCTS & SERVICES INCLUDE SOCIAL MEDIA TOOLS FOR SHARING DATA, A NEW PUBLISHING FORMAT AND REWARD METRICS TO GAUGE COLLABORATIVE EFFORTS.
Describe the Organization's Program Activity:
Part 3
TO SPEED TRANSLATIONAL SCIENCE, ITS ACCURACY, ITS DISSEMINATION TO THE CLINIC, AND FEEDBACK REGARDING ITS EFFICIENCY. PRODUCTS & SERVICES INCLUDE SOCIAL MEDIA TOOLS FOR SHARING DATA, A NEW PUBLISHING FORMAT AND REWARD METRICS TO GAUGE COLLABORATIVE EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Ratan Board Director/ceo | 0.1 | $0 | |
Sarah Greene Board Director/secretary | 1 | $0 | |
David Moore Board Director/treasurer | 0.1 | $0 | |
Keith Yamamoto Board Director | 0.1 | $0 | |
Carol J Lee Board Director | 0.1 | $0 | |
Kristen Ratan Staff Executive Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,005 |
| Professional fees and other payments to independent contractors | $60,007 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,716 |
| Other expenses | $5,934 |
| Total expenses | $77,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,011 |
| Other assets | $0 |
| Total assets | $17,011 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,011 |