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
98 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
4 people listed on the 990.
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
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Researches digital currencies to improve user experience.
Questions for Maiden Labs INC
Your first name shows with your question. Maiden Labs INC answers here, for everyone.
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A national us user-research study was conducted and a report was published by maiden labs in collaboration with the mit digital currency initiative examining some of the riskiest and most-common assumptions about prospective central bank digital currency (CBDC) users and use cases.
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $6K | $39K |
| Total assetsLn 16 | $6K | $555K |
| LiabilitiesLn 26 | $0 | $63K |
| Net assetsLn 32 | $6K | $492K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $366K | $366K | ||
| Office expensesLn 13 | $300 | $300 | ||
| Information technologyLn 14 | $4K | $4K | ||
| TravelLn 17 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $15K | $14K | $1K | |
| All other expensesLn 24e | $230 | $230 | ||
| Total functional expensesLn 25 | $389K | $380K | $9K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 10, 2025 | $143K | $143K | $198 | $252K | 990 PDF |
| FY2023Filed with the IRS Dec 2, 2024 | $2 | $31K | −$31K | $252K | 990 PDF |
| FY2022Filed with the IRS Nov 14, 2023 | $250K | $469K | −$219K | $274K | 990 PDF |
| FY2021 ViewingFiled with the IRS Nov 4, 2022 | $875K | $389K | $486K | $492K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $875,360 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 3 to look at
Part VIII · Statement of revenue $875,360 across 3 lines filed
Part IX · Statement of functional expenses $389,046 across 7 lines filed
Part X · Balance sheet $555,364 assets, 9 lines filed
Part XI · Reconciliation of net assets $492,067 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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