Civic Intelligence

Medici Project Inc.

990EZ • Fiscal year 2022 • EIN 26-3696803

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 06, 2023

Organization Profilewww.mediciproject.org
3105 Resaca Lafayette Rd NESugar Valley, GA 30746

(678) 858-6644

Siviq Scores

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

Liabilities / Assets

81st percentile

0.13x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

33rd percentile

-4.2%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$28,752

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 37.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$10,610

Down $4,598 (-30%) from 2021

Net Assets

Down

$9,188

Down $3,295 (-26%) from 2021

Liabilities

Down

$1,422

Down $1,303 (-48%) from 2021

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin33rd percentile

Revenue

Down

$77,610

Down $32,470 (-29%) from 2021

Expenses

Down

$80,906

Down $26,849 (-25%) from 2021

Net Income

Down

-$3,296

Down $5,621 (-242%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$60K$40K$20K$0Assets 2021: $15,208Liabilities 2021: $2,725Net Assets 2021: $12,4832021Assets 2022: $10,610Liabilities 2022: $1,422Net Assets 2022: $9,1882022Assets 2023: $50,898Liabilities 2023: $288Net Assets 2023: $50,6102023Assets 2024: $36,852Liabilities 2024: $288Net Assets 2024: $36,5642024Assets 2025: $29,902Liabilities 2025: $288Net Assets 2025: $29,6142025

Highlighted filing

2022

Assets$10,610
Liabilities$1,422
Net Assets$9,188
Open 2022 Filing

Operations Trend

Revenue Growth19th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $110,080Expenses 2021: $107,755Net Income 2021: $2,3252021Revenue 2022: $77,610Expenses 2022: $80,906Net Income 2022: -$3,2962022Revenue 2023: $153,748Expenses 2023: $112,325Net Income 2023: $41,4232023Revenue 2024: $75,944Expenses 2024: $89,990Net Income 2024: -$14,0462024Revenue 2025: $128,695Expenses 2025: $135,646Net Income 2025: -$6,9512025

Highlighted filing

2022

Revenue$77,610
Expenses$80,906
Net Income-$3,296
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 6, 2023
Return Version
2022v4.0
Gross Receipts
$77,610
Mission and Program Overview

Mission

Medici was organized to strategically engage the millennial generation to advance the common good in culture and community.

Program Services

DescriptionGrantsExpenses
Led 10 Service Trips in Atlanta and Nashville with 130 students serving approximately 6,500 at-risk clients.$0$73,903
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vincent HungateBoard MemberFT$18,800$9,952$28,752
Allison HungateBoard MemberFT$22,057$1,687$23,744
Lee PhillipsBoard MemberPT$0--
Chris SingletonBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Medici Project Inc
EIN
26-3696803
Phone
6788586644
Address
3105 Resaca Lafayette Rd NE, Sugar Valley, GA 30746

Signing Officer

Name
vincent hungate
Title
President
Phone
7706050038
Signed
2023-03-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Form 990-EZ, Part I, Line 16-Fundraising, Supplies, Housing, Meals, Travel, Office & Administrative”

Form 990-EZ, Part I, Line 20

“Rounding”

Form 990-EZ, Part II, Line 24

“Loan to another non-profit”

Form 990-EZ, Part II, Line 26

“Payroll taxes”

Raw XML Appendix172 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Allison Hungate
IRS990EZ/BooksInCareOfDetail/PhoneNum06788587356
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03105 Resaca Lafayette Rd NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Sugar Valley
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030746
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015208
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09910
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt073023
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-3296
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt010610
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt077610
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012483
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09188
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012483
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09188
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt360
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt018800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt322057
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt09952
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt31687
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vincent Hungate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lee Phillips
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chris Singleton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Allison Hungate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0700
IRS990EZ/OtherChangesInNetAssetsAmt01
IRS990EZ/OtherExpensesTotalAmt028410
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Medici was organized to strategically engage the millennial generation to advance the common good in culture and community.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt04587
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Led 10 Service Trips in Atlanta and Nashville with 130 students serving approximately 6,500 at-risk clients.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073903
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt052496
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02725
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01422
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt080906
IRS990EZ/TotalProgramServiceExpensesAmt073903
IRS990EZ/TotalRevenueAmt077610
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Curriculum usage fees $4587
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt073023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt099748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0132248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0445136
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04587
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05004
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09591
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97891
IRS990ScheduleA/PublicSupportPY170Pct00.93877
IRS990ScheduleA/PublicSupportTotal170Amt0445136
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt073023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt089477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt099748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0132248
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0445136
IRS990ScheduleA/TotalSupportAmt0454727
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 16-Fundraising, Supplies, Housing, Meals, Travel, Office & Administrative
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Rounding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Loan to another non-profit
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payroll taxes
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0vincent hungate
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07706050038
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDICI PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0MEDI
ReturnHeader/Filer/EIN0263696803
ReturnHeader/Filer/PhoneNum06788586644
ReturnHeader/Filer/USAddress/AddressLine1Txt03105 Resaca Lafayette Rd NE
ReturnHeader/Filer/USAddress/CityNm0Sugar Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030746
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-03-06T13:05:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,610
Liabilities
$1,422
Net assets
$9,188
Revenue
$77,610
Expenses
$80,906
Net income
-$3,296
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$1.29$1.36$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.76$0.90$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$1.54$1.12$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.09$0.78$0.81$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.03$0.12$1.10$1.08$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits