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← SPECULATIVE TECHNOLOGIES INC

Form 990 for tax year 2022

Filed by SPECULATIVE TECHNOLOGIES INC.

Totals

Total revenue
$1,175,013
Total expenses
$388,169
Contributions and grants received
$1,175,013
Grants paid
$135,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$788,744
Total liabilities, end of year
$1,900
Net assets or fund balances, end of year
$786,844
Program services expenses (Part IX)
$270,228
Management and general expenses
$92,944
Fundraising expenses
$24,997
Program service expenses (Part III)
$270,228

Program services were 69.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,175,013

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $135,000 · program services $135,000

  • 5 · Compensation of officers, directors and key employees

    total $45,000 · management and general $22,500 · fundraising $22,500

  • 10 · Payroll taxes

    total $4,994 · management and general $2,497 · fundraising $2,497

  • 11b · Fees: legal

    total $7,822 · management and general $7,822

  • 11c · Fees: accounting

    total $7,000 · management and general $7,000

  • 11g · Fees: other

    total $124,254 · program services $97,250 · management and general $27,004

  • 14 · Information technology

    total $27,558 · program services $3,900 · management and general $23,658

  • 17 · Travel

    total $18,778 · program services $18,778

  • 24a · Other expenses: WORKSHOP EXPENSES

    total $15,300 · program services $15,300

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $2,463 · management and general $2,463

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $787,494

  • 9 · Prepaid expenses and deferred charges

    end of year $1,250

  • 17 · Accounts payable and accrued expenses

    end of year $1,900

  • 27 · Net assets without donor restrictions

    end of year $786,844

Mission and programs · 2022

Mission

SPECULATIVE TECHNOLOGIES IS A NONPROFIT RESEARCH ORGANIZATION THAT RUNS COORDINATED RESEARCH PROGRAMS TO UNLOCK BIG-IF-TRUE TECHNOLOGIES THAT ARE TOO SPECULATIVE TO BE A STARTUP BUT ARE TOO COORDINATION- OR ENGINEERING-HEAVY FOR ACADEMIA ALONE.

  • PROGRAM INITIATIVES: 2022 MARKED THE COMMENCEMENT OF TWO GROUNDBREAKING PROGRAMS AT OUR ORGANIZATION.THE FIRST, MOLECULAR ADDITIVE MANUFACTURING, IS A VISIONARY ENDEAVOR THAT AIMS TO ENGINEER STRUCTURES RIGHT DOWN TO THE NANOSCALE. THIS PROGRAM HOLDS THE PROMISE OF REVOLUTIONIZING HOW WE PERCEIVE AND INTERACT WITH MATERIALS AT THE ATOMIC LEVEL.OUR SECOND PROGRAM, NANOMODULAR ELECTRONICS, INTRODUCES A NOVEL PARADIGM IN THE WORLD OF MICROELECTRONICS. INSTEAD OF TRADITIONAL METHODS, THIS APPROACH SEEKS TO REDEFINE HOW MICROELECTRONICS ARE DESIGNED AND IMPLEMENTED.THESE PROGRAMS UNDERSCORE OUR COMMITMENT TO PUSHING THE BOUNDARIES OF TECHNOLOGY AND INNOVATION.PROGRESS IN NANOMODULAR ELECTRONICS: TO FURTHER OUR UNDERSTANDING AND GATHER INSIGHTS, WE ORGANIZED A WORKSHOP DEDICATED TO THE NANOMODULAR ELECTRONICS PROGRAM. THIS EVENT BROUGHT TOGETHER EXPERTS, STAKEHOLDERS, AND TEAM MEMBERS TO BRAINSTORM AND SHARE KNOWLEDGE.ONE OF OUR SIGNIFICANT ACHIEVEMENTS HAS BEEN THE CREATION OF A COMPREHENSIVE ROADMAP FOR THE NANOMODULAR ELECTRONICS PROGRAM. THIS ROADMAP SERVES AS A STRATEGIC GUIDE, OUTLINING OUR GOALS, MILESTONES, AND THE PATH FORWARD.RECOGNIZING THE POTENTIAL OF THIS PROGRAM, WE HAVE ALSO FUNDED INITIAL EXPERIMENTS. THESE EXPERIMENTS ARE CRUCIAL IN TESTING OUR HYPOTHESES AND ENSURING THAT OUR APPROACH IS BOTH VIABLE AND INNOVATIVE.FUNDING AND SUPPORT: FINANCIAL BACKING IS PIVOTAL FOR THE SUCCESS OF ANY INITIATIVE, AND WE'RE PROUD TO ANNOUNCE THAT WE'VE RAISED APPROXIMATELY $700K IN GRANTS THIS YEAR.ESTEEMED ORGANIZATIONS LIKE PROTOCOL LABS, SCHMIDT FUTURES, AND THE SURVIVAL AND FLOURISHING FOUNDATION HAVE SHOWN THEIR TRUST AND SUPPORT IN OUR VISION BY CONTRIBUTING TO OUR CAUSE.THIS FUNDING NOT ONLY VALIDATES THE IMPORTANCE OF OUR PROGRAMS BUT ALSO ENSURES THAT WE HAVE THE NECESSARY RESOURCES TO CONTINUE OUR RESEARCH, EXPERIMENTS, AND DEVELOPMENT IN THE COMING MONTHS.

    Expenses $270,228 · Grants $135,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ben Reinhardt

    CEO

    Total calculated
    $45,000
    From this org
    $45,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kanjun Qiu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Adam Marblestone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • GEORGIA TECH FOUNDATION INC

    $135,000

    TO BEGIN EXPERIMENTS FOR THE NANOMODULAR ELECTRONICS PROGRAM. SPECIFICIALLY, IT WAS FOR THE FUNDED SCIENTISTS TO CREATE ELECTRONIC COMPONENTS THAT COULD BE LIFTED OFF A SILICON SUBSTRATE TO TEST COLLOIDAL SOLUTIONS AND CONTACT DECAY.

Provenance

Return type
form_990
Tax year
2022
Filed
25 October 2023
IRS schema version
2022v5.0
Source object
202303039349301035

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