U โ€” Science & TechnologyEIN: 853338067ยท Ruling Year: 2023

Responsible Innovation Labs Inc

Dover, Delaware

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$981K
Total Revenue
๐Ÿ“Š
$832K
Total Expenses
๐Ÿฆ
$207K
Net Assets
๐Ÿ“‹
$924
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+177.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+15.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$981,435โ†‘178%$832,493โ†‘34%$207,812โ†‘256%
2022$353,253โ†“42%$620,151โ†‘114%$58,325โ†“82%
2021$614,060$289,216$324,879

Frequently Asked Questions

What does Responsible Innovation Labs Inc do?โ–ผ

Responsible Innovation Labs Inc is a science & technology nonprofit organization based in Delaware. It is classified under NTEE code U40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Responsible Innovation Labs Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Responsible Innovation Labs Inc has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Responsible Innovation Labs Inc generate?โ–ผ

Responsible Innovation Labs Inc reports $2.5M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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Responsible Innovation Labs Inc โ€” Dover, DE | GiveScope