Research-Aid Networks
- Assets
- $77.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-3345014
Organization Overview
Research-Aid Networks is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research-Aid Networks 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, Research-Aid Networks generated $2.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (56.9%) each year. All expenses for the organization totaled $97.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, RESEARCH-AID NETWORKS WILL PROMOTE EFFECTIVE HUMANITARIAN AID AND COMMUNITY DEVELOPMENT BY FACILITATING PARTNERSHIPS BETWEEN RESEARCHERS, AID ORGANIZATIONS AND LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
COMMUNICATION OF THE IMPORTANCE AND BENEFIT OF COLLABORATIVE WORK TO EFFECTIVE HUMANITARIAN AID. COMMUNICATION AND OUTREACH SERVICES WERE PROVIDED TO FIVE COVID-19 RESPONSE ORGANIZATIONS.COVID-19 COMMUNICATION AND OUTREACH SERVICES WERE PROVIDED ONLINE TO THE GENERAL PUBLIC.
PARTNERSHIP CREATION SERVICES WERE PERFORMED AT NO COST TO BUILD SIX COLLABORATIVE PARTNERSHIPS BETWEEN SCIENTISTS, RESEARCH ORGANIZATIONS AND COVID-19 RESPONSE ORGANIZATIONS.
PROVISION OF SERVICES THAT ENABLE NEW PARTNERS TO INITIATE COLLABORATIVE PROJECTS WERE PERFORMED FOR SIX COLLABORATIVE PARTNERSHIPS AT NO COST BETWEEN COVID-19 RESPONSE AND SCIENTIFIC/RESEARCH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Rossman President | 50 | $0 | |
Howard Rossman CFO | 1 | $0 | |
Beverly Rossman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,769 |
| 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 | $2,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $93,640 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,552 |
| Total expenses | $97,192 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,510 |
| Other assets | $0 |
| Total assets | $77,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,510 |