CENTER FOR RESPONSIBLE INNOVATION LTD

EIN: 990921925 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$4,631,047
Total Expenses
$954,332
Total Assets
$4,176,715
Net Assets
$3,676,715
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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
2024
Legal Domicile
DE
Principal Officer
BRAD CARSON
Phone
3013750777
Tax Period
2024-01-10 to 2024-12-31

CENTER FOR RESPONSIBLE INNOVATION LTD, founded in 2024, is a community nonprofit in the Science & Technology sector that reported $4.6M in total revenue in fiscal year 2024. The organization ran a surplus of $3.7M, a strong 79% operating margin.

Mission

SEE PART III, LINE 1.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,625,300
Program Service Revenue $0
Investment Income $5,747
Other Revenue $0
TOTAL REVENUE $4,631,047

Expense Breakdown

Grants Paid $935,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $950,000
Other Expenses $19,332
TOTAL EXPENSES $954,332

Year-over-Year Comparison

2024 2023 Change
Revenue $4,631,047 N/A N/A
Expenses $954,332 N/A N/A
Net Income $3,676,715 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD CARSON PRESIDENT & TREASURER 5.00
Officer Director
$0 $0 $0
JENNIFER BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
TERENCE HAGANS BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC GASTFRIEND EXECUTIVE DIRECTOR 1.00
Officer
$0 $0 $0
ADAM PASTRICH CHIEF OF STAFF 1.00
Officer
$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 $4,631,047 $954,332 $4,176,715 $3,676,715
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