Research Bridge Partners Inc
- Assets
- $2.5m
- Revenue
- $254.8k
- Investments
- $4.0k
- Employees
- 7
- Location
- Austin, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4822818
Organization Overview
Research Bridge Partners Inc is located in Austin, TX. The organization was established in 2017. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2021, Research Bridge Partners Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research Bridge Partners 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 12/2021, Research Bridge Partners Inc generated $254.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE RETURN ON FEDERAL RESEARCH INVESTMENT, MAINTAIN GLOBAL INNOVATION LEADERSHIP, AND REINVIGORATE THE U.S. HEARTLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ENTREPRENEURSHIP EDUCATION & TRAINING TO UNIVERSITY STUDENTS AND RESEARCHERS, WORKING WITH EXISTING ENTREPRENEURSHIP SUPPORT ORGANIZATIONS AND OTHER GROUPS AT UNIVERSITIES, ESTABLISHING A FELLOWSHIP PROGRAM FOR UNIVERSITY RESEARCHERS, ASSISTING UNIVERSITY RESEARCHERS WITH CONDUCTING TRANSLATIONAL RESEARCH, SPONSORING UNIVERSITY RESEARCH, PROVIDING TECHNOLOGY LICENSING ASSISTANCE TO UNIVERSITIES, CONNECTING PROMISING UNIVERSITY STARTUPS WITH INVESTOR FUNDING, CONDUCTING RESEARCH AND INNOVATION AND ENTREPRENEURSHIP AT UNIVERSITIES.ONE WAY THE ORGANIZATION CONNECTS STARTUPS WITH INVESTOR FUNDING IS THROUGH RBP CATLAYST FUND, LP (OF WHICH THE ORGANIZATION SERVES AS THE GENERAL PARTNER). THE PURPOSE OF THE PARTNERSHIP IS TO MAKE PROGRAM-RELATED INVESTMENTS WHICH ARE GENERALLY SEED-STAGE, HIGH RISK EQUITY INVESTMENTS AND/OR INVESTMENTS IN CONVERTIBLE NOTES THAT SIGNIFICANTLY FURTHER THE TAX-EXEMPT CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES OF THE ORGANIZATION BY: (A) ACCELERATING THE TRANSLATION OF UNIVERSITY-DERIVED INNOVATION INTO PRODUCTS AND SERVICES WITH POSITIVE SOCIETAL IMPACT; (B) ENHANCING TRANSLATIONAL RESOURCES AVAILABLE TO UNIVERSITY RESEARCHERS; AND (C) EDUCATING MEMBERS OF UNIVERSITY COMMUNITIES ON ENTREPRENEURSHIP, IN ORDER TO CO-CREATE COMPANIES TO COMMERCIALIZE UNIVERSITY TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Barchas President & CEO | OfficerTrustee | 40 | $250,000 |
James Graham Managing Director Of Inves | Officer | 40 | $250,000 |
Lydia Kyohere VP Scientific Partnerships | Officer | 40 | $175,000 |
Max Rosett Director Of Data Science | 40 | $150,000 | |
Ryan Field Director Of Operations & F | Officer | 40 | $125,000 |
Reid Hoffman Board Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kyle Cox Consulting | 12/30/17 | $125,004 |
Hogan Lovells Legal | 12/30/17 | $276,286 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,000 |
| Noncash contributions included in lines 1a–1f | $4,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $250,000 |
| Investment income | $847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $864,398 |
| Compensation of current officers, directors, key employees. | $181,416 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $153,672 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,615 |
| Payroll taxes | $61,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $166,962 |
| Fees for services: Accounting | $39,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,905 |
| Advertising and promotion | $0 |
| Office expenses | $13,184 |
| Information technology | $41,162 |
| Royalties | $0 |
| Occupancy | $22,453 |
| Travel | $61,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,647 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,849 |
| All other expenses | $5,064 |
| Total functional expenses | $1,553,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,364 |
| Savings and temporary cash investments | $2,256,094 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,458 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,472,916 |
| Accounts payable and accrued expenses | $177,336 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $177,336 |
| Net assets without donor restrictions | $2,295,580 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,472,916 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Research Bridge Partners Inc has recieved totaling $8,000,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $4,000,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $4,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commit2dallas Dallas, TX | $16,002,925 | $24,480,125 |
Democratic Schools Research Inc Bryan, TX | $2,903,255 | $4,365,603 |
Research Bridge Partners Inc Austin, TX | $2,472,916 | $254,847 |
Public Laboratory For Open Technology And Science Inc New Orleans, LA | $742,404 | $218,908 |
Docent Research Group Austin, TX | $292,611 | $863,978 |
Disinformation Index Foundation San Antonio, TX | $63,059 | $367,228 |
Measure Austin Austin, TX | $105,563 | $325,374 |
Arkansans For Education Reform Foundation Little Rock, AR | $813,823 | $448,594 |
Arts & Design Alumni Research Austin, TX | $671,020 | $702,926 |
Gulf Offshore Research Institute Mandeville, LA | $98,659 | $236,708 |
Research Educational Foundation Inc Dallas, TX | $3,829,798 | $586,346 |
Libertarian Institute Round Rock, TX | $253,702 | $364,609 |