Private Capital Research Institute Inc is located in South Hamilton, MA. The organization was established in 2011. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Private Capital Research Institute 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, Private Capital Research Institute Inc generated $194.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $224.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISSEMINATION OF THE ORGANIZATION'S SPONSORED RESEARCH FINDINGS TO POLICY MAKERS AND THE PUBLIC AT LARGE VIA THE ORGANIZATION'S DATABASES, CONFERENCES, WORKSHOPS & OTHER EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas C Franco Director, Secretary, Treasurer | 4 | $0 | |
Josh Lerner Director, Academic Director | 8 | $0 | |
Joseph L Rice III Director, President | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ziyi Yang | 12/30/23 | $69,063 |
Marcus Lithell | 12/30/23 | $50,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $194,783 |
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 | $194,783 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $2,885 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $220 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $44,184 |
Total operating and administrative expenses | $224,177 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $224,177 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,534 |
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 | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $72,534 |
Accounts payable and accrued expenses | $321 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $321 |