Brink Technology Inc

Organization Overview

Brink Technology Inc is located in Austin, TX. 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. Brink Technology 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, Brink Technology Inc generated $4.5m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BRINK EXISTS TO STRENGTHEN THE BITCOIN PROTOCOL AND NETWORK THROUGH FUNDAMENTAL RESEARCH AND DEVELOPMENT, AND TO SUPPORT THE BITCOIN DEVELOPER COMMUNITY THROUGH FUNDING, EDUCATION, AND MENTORING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL PROGRAMS - WE SUPPORT AND MENTOR NEW CONTRIBUTORS TO OPEN SOURCE BITCOIN DEVELOPMENT THROUGH OUR FELLOWSHIP AND SUPPORT THE WORK OF ESTABLISHED BITCOIN PROTOCOL ENGINEERS THROUGH GRANTS.


OPTECH - OPTECH WORKS TO BRING THE BEST OPEN SOURCE TECHNOLOGIES AND TECHNIQUES TO BITCOIN-USING BUSINESSES IN ORDER TO LOWER COSTS AND IMPROVE CUSTOMER EXPERIENCES.


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Board, Officers & Key Employees

Name (title)Compensation
John Newbery
Director, President
$344,072
Michael Schmidt
Director, Secretary
$0
Carla Kirk-Cohen
Director
$0
Jerry Brito
Director
$0
David Harding
Director
$0

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$4,456,844
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,456,844
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,380
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,459,224

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Brink Technology Inc has recieved totaling $147,927.

Awarding OrganizationAmount
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$147,781
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$146
View Grant Recipient Profile

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