Sonrisa Research Inc is located in Santa Fe, NM. The organization was established in 2015. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sonrisa Research 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 05/2024, Sonrisa Research Inc generated $49.9k 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 (24.4%) each year. All expenses for the organization totaled $55.9k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
TO ADVANCE SCIENTIFIC AND ENGINEERING KNOWLEDGE THROUGH APPLIED RESEARCH, AND TO SUPPORT AND PROMOTE HIGHER EDUCATION IN SCIENCE AND ENGINEERING.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Dr James Cooper President | 10 | $0 | |
| Mark S Lundstrom Director | 0.2 | $0 | |
| Michael Melloch Director | 0.2 | $0 | |
| Mariellen Neudeck Director | 0.2 | $0 | |
| Perry C Perkins Jr Director | 0.2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,904 | 
| 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 | $49,904 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $20 | 
| Professional fees and other payments to independent contractors | $4,083 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $51,828 | 
| Total expenses | $55,931 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,270 | 
| Other assets | $0 | 
| Total assets | $2,270 | 
| Total liabilities | $4,499 | 
| Net assets or fund balances | -$2,229 |