Texas Blockchain
- Assets
- $302.0k
- Revenue
- $483.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- Data as of
- 04/2023
- EIN
- 92-1448436
Organization Overview
Texas Blockchain is located in Austin, TX. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Texas Blockchain is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AT TEXAS BLOCKCHAIN, WE ARE BUILDING THE NEXT GENERATION OF INNOVATORS. WE LEAD A COMMUNITY FOCUSED ON THE DISCUSSION AND DEVELOPMENT OF BLOCKCHAIN TECHNOLOGY.MEMBERS OF TEXAS BLOCKCHAIN HAVE ACCESS TO A WIDE NETWORK OF BLOCKCHAIN PROFESSIONALS IN THE CRYPTO SPACE. WE BUILD COGNIZANCE AND COMPETENCE THROUGH FOCUSED RESEARCH, WORKSHOPS, PROJECTS, AND SPEAKER SERIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCUBATION SPACE BOTH TEXAS BLOCKCHAIN AND CHAINHUB OFFER FREEINCUBATION SPACE FOR STARTUPS. COMPRISED OF ROUGHLY 1500 SQ FT SPACE ATCHAINHUB (2905 SAN GABRIEL ST, AUSTIN TX 78705), THIS SPACE IS AVAILABLE TOSTARTUPS IN THE TEXAS BLOCKCHAIN COMMUNITY.THIS INCUBATION SPACE IS AVAILABLE TO VALID WEB3 STARTUPS WITHIN THETEXAS BLOCKCHAIN COMMUNITY
HACKTX 2022 HACK TEXAS IS THE ANNUAL HACKATHON ORGANIZED IN CONJUNCTION WITH THEUNIVERSITY OF TEXAS. WE HELPED ORGANIZE THE EVENT, WITHIN OVER 700 HACKERSATTENDING THE EVENT IN 2022.
TEXAS BLOCKCHAIN NEAR HACKATHONTEXAS BLOCKCHAIN COLLABORATED WITH NEAR FOUNDATION TO ORGANIZE AHACKATHON FOR WEB3 PROJECTS. OVER 30 PROJECTS PARTICIPATED IN EVENT, WITHROUGHLY 120 ATTENDEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sriram Vishwanath Officer | Officer | 3.5 | $0 |
Julian Saks President | Officer | 10 | $0 |
Shantikiran Chanal Treasurer | Officer | 10 | $0 |
Viren Govin Vice President | Officer | 10 | $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 | $483,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $483,098 |
| 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 | $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 | $483,098 |
| 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. | $0 |
| 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 | $0 |
| Fees for services: Legal | $22,378 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,149 |
| Office expenses | $17,208 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,413 |
| Travel | $5,050 |
| 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 | $0 |
| All other expenses | $184 |
| Total functional expenses | $181,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,043 |
| 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 | $302,043 |
| 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 | $0 |
| 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 | $302,043 |
| Total liabilities and net assets/fund balances | $302,043 |