Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $38K paid to officers and key staff.
Shira Frank’s $38K as Director is at the 26th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Shira Frank | $38,216 | $17,853 | $46,664 |
| Dr Tim Marple | — | — | $8,100 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Researches digital currencies to improve user experience.
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In collaboration with the massachusetts institute of technology's laboratory for economic analysis and design (mit lead) and the deutsche gesellschaft FR internationale zusammenarbeit (giz) GMBH, maiden labs led multi-year applied research to examine whether and how CBDCS could advance goals like the SDGS in the global south.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $252K | $114K |
| Total assetsLn 16 | $252K | $257K |
| LiabilitiesLn 26 | $0 | $5K |
| Net assetsLn 32 | $252K | $252K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $38K | $38K | ||
| Legal feesLn 11b | $775 | $775 | ||
| Other fees for servicesLn 11g | $96K | $96K | ||
| Office expensesLn 13 | $233 | $233 | ||
| Information technologyLn 14 | $5K | $5K | ||
| TravelLn 17 | $189 | $189 | ||
| Conferences, conventions and meetingsLn 19 | $1K | $951 | $335 | |
| Other expenses (24a–d)Ln 24 | $2K | $1K | $80 | |
| Total functional expensesLn 25 | $143K | $137K | $6K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $143K | $143K | $198 | $252K | 990 PDF |
| FY2023 | $2 | $31K | −$31K | $252K | 990 PDF |
| FY2022 | $250K | $469K | −$219K | $274K | 990 PDF |
| FY2021 | $875K | $389K | $486K | $492K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $143,000 across 3 lines filed
Part IX · Statement of functional expenses $142,802 across 8 lines filed
Part X · Balance sheet $256,553 assets, 9 lines filed
Part XI · Reconciliation of net assets $251,814 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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