Civic Intelligence

Project Implicit Inc.

990 • Fiscal year 2024 • EIN 20-3939536

Oct 01, 2023 to Sep 30, 2024 • Filed on Jan 14, 2025

6 Liberty Square 2344Boston, MA 02109

(206) 543-7227

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.13x

Higher debt load relative to revenue than 73% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$5,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

8th percentile

-27%

Faster asset growth than 8% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$593,613

Down $224,275 (-27%) from 2023

Net Assets

Down

$557,801

Down $235,955 (-30%) from 2023

Liabilities

Up

$35,812

Up $11,680 (+48%) from 2023

Revenue

Down

$273,966

Down $162,689 (-37%) from 2023

Expenses

Down

$489,223

Down $33,323 (-6.4%) from 2023

Net Income

Down

-$215,257

Down $129,366 (-151%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $762,172Liabilities 2011: $1,069Net Assets 2011: $761,1032011Assets 2012: $997,818Liabilities 2012: $372Net Assets 2012: $997,4462012Assets 2013: $1,068,566Liabilities 2013: $1,745Net Assets 2013: $1,066,8212013Assets 2014: $883,553Liabilities 2014: $2,119Net Assets 2014: $881,4342014Assets 2015: $926,370Liabilities 2015: $2,707Net Assets 2015: $923,6632015Assets 2016: $1,061,386Liabilities 2016: $3,240Net Assets 2016: $1,058,1462016Assets 2017: $1,191,519Liabilities 2017: $2,492Net Assets 2017: $1,189,0272017Assets 2018: $1,120,720Liabilities 2018: $6,942Net Assets 2018: $1,113,7782018Assets 2019: $1,147,676Liabilities 2019: $52,970Net Assets 2019: $1,094,7062019Assets 2020: $1,479,023Liabilities 2020: $104,021Net Assets 2020: $1,375,0022020Assets 2021: $1,410,386Liabilities 2021: $48,467Net Assets 2021: $1,361,9192021Assets 2022: $882,334Liabilities 2022: $22,910Net Assets 2022: $859,4242022Assets 2023: $817,888Liabilities 2023: $24,132Net Assets 2023: $793,7562023Assets 2024: $593,613Liabilities 2024: $35,812Net Assets 2024: $557,8012024Assets 2025: $366,531Liabilities 2025: $1,149Net Assets 2025: $365,3822025

Highlighted filing

2024

Assets$593,613
Liabilities$35,812
Net Assets$557,801

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $620,562Expenses 2011: $352,993Net Income 2011: $267,5692011Revenue 2012: $476,143Expenses 2012: $239,800Net Income 2012: $236,3432012Revenue 2013: $485,480Expenses 2013: $416,105Net Income 2013: $69,3752013Revenue 2014: $321,268Expenses 2014: $506,655Net Income 2014: -$185,3872014Revenue 2015: $501,051Expenses 2015: $458,408Net Income 2015: $42,6432015Revenue 2016: $546,610Expenses 2016: $412,003Net Income 2016: $134,6072016Revenue 2017: $590,719Expenses 2017: $459,838Net Income 2017: $130,8812017Revenue 2018: $466,534Expenses 2018: $541,767Net Income 2018: -$75,2332018Revenue 2019: $496,553Expenses 2019: $515,625Net Income 2019: -$19,0722019Revenue 2020: $441,629Expenses 2020: $611,375Net Income 2020: -$169,7462020Revenue 2021: $634,737Expenses 2021: $837,585Net Income 2021: -$202,8482021Revenue 2022: $337,749Expenses 2022: $695,559Net Income 2022: -$357,8102022Revenue 2023: $436,655Expenses 2023: $522,546Net Income 2023: -$85,8912023Revenue 2024: $273,966Expenses 2024: $489,223Net Income 2024: -$215,2572024Revenue 2025: $104,552Expenses 2025: $296,971Net Income 2025: -$192,4192025

Highlighted filing

2024

Revenue$273,966
Expenses$489,223
Net Income-$215,257
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jan 14, 2025
Return Version
2023v6.0
Gross Receipts
$273,966
Mission and Program Overview

Mission

Develop and deliver methods forinvestigating and applying phenomena of implicit social cognition; advance scientific field of psychological research; advance public understanding of implicit social cognition and bias.

Develop and deliver methods forinvestigating and applying phenomena of implicit social cognition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$682,277$527,223▼ $155,054
Cash and Non-Interest-Bearing Accounts$48,786$32,247▼ $16,539
Accounts Receivable$75,608$24,950▼ $50,658
Prepaid Expenses and Deferred Charges$1,082$4,200▲ $3,118
Land, Buildings, and Equipment, Net$8,135$2,992▼ $5,143
Savings and Temporary Cash Investments$2,000$2,001▲ $1
Total Assets$817,888$593,613▼ $224,275
Liabilities
Accounts Payable and Accrued Expenses$24,132$35,812▲ $11,680
Total Liabilities$24,132$35,812▲ $11,680
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$793,756$557,801▼ $235,955
Total Net Assets Fund Balance$793,756$557,801▼ $235,955
Total Liabilities and Net Assets / Fund Balance$817,888$593,613▼ $224,275

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,992$33,188$36,180
Other Securities$527,223--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dr Kate RatliffTreasurer$5,000$5,000

Board Members and Trustees

NameTitle
Dr Brian NosekPresident
Bayet Ross SmithDirector
Jarvis IdowuDirector
Keith Maddox PhdDirector
Amy Jin JohnsonExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,431
Program Service Revenue
$240,012
Investment Income
$29,946
Other Revenue
$2,577
All Other Contributions
$1,431
Change in Net Assets
$-215,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$338,252
Other Expenses$150,971
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,884$41,274-$275,158
Fees for Services Other$69,299$12,229-$81,528
Other Employee Benefits$25,896$4,570-$30,466
Payroll Taxes$18,956$3,345-$22,301
Fees for Services Accounting$15,231$2,688-$17,919
Information Technology$12,509$2,208-$14,717
Conferences and Meetings$10,019$1,768-$11,787
Pension Plan Contributions$8,778$1,549-$10,327
Office Expenses$7,846$1,384-$9,230
Depreciation Depletion$4,372$772-$5,144
Insurance$3,463$611-$4,074
Other Expenses$2,554$451-$3,005
Advertising$1,831$323-$2,154
Fees for Services Legal$1,201$212-$1,413
Total Functional Expenses$415,839$73,384$0$489,223
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Kate RatliffBoard TreasurerConsulting ServicesNo$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no board committees.

Form 990, Part VI, Section B, Line 11B

The 990 will be reviewed before filing by the executive director, board president and tresurer.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Project Implicit Inc
EIN
20-3939536
Phone
2065437227
Address
6 LIBERTY SQUARE 2344, BOSTON, MA 02109

Signing Officer

Name
Dr Brian Nosek President
Title
President
Phone
2065437227
Signed
2025-01-14

Organization Details

Principal Officer
Amy Johnson
Formed
2005
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
15

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 203, DEDHAM, MA 02026
Preparer
COLLEEN D'ALFONSO
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting services: program service expenses 69,299. Management and general expenses 12,229. Fundraising expenses 0. Total expenses 81,528.

FORM 990, PART XI, LINE 9:

To agree amounts to prior year reviewed financial statements -20,698.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020558
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0102656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029946
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015943
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020558
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0102656
IRS990ScheduleA/InvestmentIncomeCYPct00.05160
IRS990ScheduleA/InvestmentIncomePYPct00.03900
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94840
IRS990ScheduleA/PublicSupportPY509Pct00.96100
IRS990ScheduleA/PublicSupportTotal509Amt01888091
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0242589
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0298168
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0304368
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0568633
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0399499
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01813257
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0244020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0319878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0319160
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0585482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0419551
IRS990ScheduleA/Total509Grp/TotalAmt01888091
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0273966
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0337498
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0337749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0601425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0440109
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01990747
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02992
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036180
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0527223
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02992
IRS990ScheduleD/TotalBookValueSecuritiesAmt0527223
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DR KATE RATLIFF
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO BOARD COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WILL BE REVIEWED BEFORE FILING BY THE EXECUTIVE DIRECTOR, BOARD PRESIDENT AND TRESURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 69,299. MANAGEMENT AND GENERAL EXPENSES 12,229. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,528.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO AGREE AMOUNTS TO PRIOR YEAR REVIEWED FINANCIAL STATEMENTS -20,698.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0817888
IRS990/TotalAssetsEOYAmt0593613
IRS990/TotalAssetsGrp/BOYAmt0817888
IRS990/TotalAssetsGrp/EOYAmt0593613
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01431
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073384
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0415839
IRS990/TotalFunctionalExpensesGrp/TotalAmt0489223
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024132
IRS990/TotalLiabilitiesEOYAmt035812
IRS990/TotalLiabilitiesGrp/BOYAmt024132
IRS990/TotalLiabilitiesGrp/EOYAmt035812
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0793756
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0557801
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0415839
IRS990/TotalProgramServiceRevenueAmt0240012
IRS990/TotalReportableCompFromOrgAmt05000
IRS990/TotalRevenueGrp/ExclusionAmt029946
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0242589
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0273966
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0817888
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0593613
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06 LIBERTY SQUARE 2344
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002109
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0PROJECTIMPLICIT.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DR BRIAN NOSEK PRESIDENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02065437227
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT IMPLICIT INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0203939536
ReturnHeader/Filer/PhoneNum02065437227
ReturnHeader/Filer/USAddress/AddressLine1Txt06 LIBERTY SQUARE 2344
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002109
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042734675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIEL DENNIS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0990 WASHINGTON STREET STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002026
ReturnHeader/PreparerPersonGrp/PhoneNum06172629898
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.10$0.30$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.59$0.04$0.56$0.27$0.49$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.02$0.79$0.44$0.52$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.02$0.86$0.34$0.70$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.05$1.36$0.63$0.84$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.10$1.38$0.44$0.61$0.17
2019Summary only. Only limited summary data is available for this year.$1.15$0.05$1.09$0.50$0.52$0.02
2018Summary only. Only limited summary data is available for this year.$1.12$0.01$1.11$0.47$0.54$0.08
2017Summary only. Only limited summary data is available for this year.$1.19$0.00$1.19$0.59$0.46$0.13
2016Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$0.55$0.41$0.13
2015Summary only. Only limited summary data is available for this year.$0.93$0.00$0.92$0.50$0.46$0.04
2014Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.32$0.51$0.19
2013Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$0.49$0.42$0.07
2012Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.48$0.24$0.24
2011Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.62$0.35$0.27