Brink Technology Inc (EIN 852919136) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Michael Schmidt

Phone

7377887580

Tax Period

2023-01-01 to 2023-12-31

Brink Technology Inc, founded in 2020, is a community nonprofit in the Science & Technology sector that reported $6.7M in total revenue in fiscal year 2023. Revenue surged 692% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 78% operating margin.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,560,229

Program Service Revenue $0

Investment Income $155,621

Other Revenue $0

TOTAL REVENUE $6,715,850

Expense Breakdown

Grants Paid $339,658

Salaries & Benefits $754,980

Fundraising Expenses $47,134

Program Expenses $1,230,936

Other Expenses $405,609

TOTAL EXPENSES $1,500,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,715,850	$848,075	+6.9%
Expenses	$1,500,247	$1,741,596	-0.1%
Net Income	$5,215,603	$-893,521	-6.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$100,008

Total Directors

$100,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Schmidt	Director, President	40.00	Officer Director	$100,008	$0	$100,008
Christian Decker	Director	1.00	Director	$0	$0	$0
Gerald Brito	Director	1.00	Director	$0	$0	$0
Jonathan Bier	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$6,715,850	$1,500,247	$8,108,056	$5,215,603
2022	$848,075	$1,741,596	$2,687,445	$-893,521
2021	$4,459,224	$1,053,521	$3,996,292	$3,405,703
2021	$4,459,224	$1,053,521	$3,996,292	$3,405,703
2020	$564,035	$1,331	$562,704	$562,704

Brink Technology Inc