Research Bridge Partners Inc

Nonprofit profile at a glance

EIN
814822818
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2174191055
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$605,827
Expenses
$1,980,174
Assets
$3,002,101
Liabilities
$219,242

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LYDIA MCCLURE KYOHERE (CEO AND BOARD CHAIR)

Highest reported compensation

  • LYDIA MCCLURE KYOHERE (CEO AND BOARD CHAIR): $290,119 total reported compensation
  • JAMES GRAHAM (MANAGING DIRECTOR OF INVESTMENTS): $279,624 total reported compensation
  • ISAAC BARCHAS (DIRECTOR & SPECIAL ADVISOR): $261,394 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization ("rbp") is devoted to overcoming barriers to science-based entrepreneurship in the heartland of the united states of america ("u.s.").

What it reported doing in 2024

Providing entrepreneurship education & training to university students and researchers, working with existing entrepreneurship support organizations and other groups at universities, establishing a fellowship program for university researchers, assisting university researchers with conducting translational research, sponsoring university research, providing technology licensing assistance to universities, connecting promising university startups with investor funding, conducting research and innovation and entrepreneurship at universities.one way the organization connects startups with investor funding is through rbp catlayst fund, lp (of which the organization serves as the general partner). The purpose of the partnership is to make program-related investments which are generally seed-stage, high risk equity investments and/or investments in convertible notes that significantly further the tax-exempt charitable, educational and scientific purposes of the organization by: (a) accelerating the translation of university-derived innovation into products and services with positive societal impact; (b) enhancing translational resources available to university researchers; and (c) educating members of university communities on entrepreneurship, in order to co-create companies to commercialize university technology.

Operating model

Revenue model
Earned-program. 78% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 77
  • Sustainability: 22
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.2%; rating input score 85
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 12th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -226.9%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 56.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: -12% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 17% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.2% of spending went to programs
  • Governance: 3 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.7M in reported program spending
  • Leadership: top reported pay $290K · 11 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 1/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.