Rethinkx Inc
- Assets
- $1.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4898711
Organization Overview
Rethinkx Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rethinkx 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, Rethinkx Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 23.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 FACILITATE A ROBUST GLOBAL CONVERSATION ABOUT THE THREATS AND OPPORTUNITIES OF TECHNOLOGY-DRIVEN DISRUPTIONS, AND HIGHLIGHT CHOICES THAT COULD LEAD TO A MORE EQUITABLE, HEALTHY, RESILIENT AND STABLE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IMPARTIAL RESEARCH LOOKS TO MAP OUT A SERIES OF HIGHLY PROBABLE AND ACCURATE SCENARIOS OF HOW VARIOUS INDUSTRY SECTORS WILL BE DISRUPTED BY TECHNOLOGY CHANGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Uzair Niazi Director | Trustee | 0.5 | $201,750 |
James Arbib Director/sec | OfficerTrustee | 40 | $0 |
Antonio Seba Director/pre | OfficerTrustee | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adam Dorr Research | 12/30/21 | $166,000 |
Bradd Elden Libby Consulting | 12/30/21 | $129,150 |
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 | $1,835,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,835,625 |
| Total Program Service Revenue | $3,166 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $26,449 |
| 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 | $1,865,240 |
| 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. | $201,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $11,398 |
| Fees for services: Legal | $4,342 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $791,299 |
| Advertising and promotion | $0 |
| Office expenses | $158,206 |
| Information technology | $24,566 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,540 |
| All other expenses | $2,358 |
| Total functional expenses | $1,212,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,057,951 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,057,951 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,057,951 |
| 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 | $1,057,951 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Institute For Childrens Health Quality Inc Boston, MA | $3,326,753 | $7,992,976 |
Massachusetts Competitive Partnership Inc Boston, MA | $2,222,557 | $2,166,476 |
Rensselaerville Institute Albany, NY | $2,986,461 | $1,905,452 |
Engine Room Inc New York, NY | $2,787,005 | $1,374,014 |
Connecticut Voices For Children Inc New Haven, CT | $1,494,112 | $1,648,283 |
Rethinkx Inc New York, NY | $1,057,951 | $1,865,240 |
Agma Relief Fund New York, NY | $2,325,318 | $1,042,434 |
Policy Research International Inc Staten Island, NY | $242,786 | $77,500 |
Western Pennsylvania Family Center Pittsburgh, PA | $61,332 | $0 |
Work And Family Researchers Network Inc Ithaca, NY | $246,469 | $43,069 |
National Association Of Commissionsfor Women New York, NY | $100,227 | $0 |
Research Institute For New Americans Inc New York, NY | $10,863 | $0 |