Civic Intelligence

Medici Project Inc.

990EZ • Fiscal year 2023 • EIN 26-3696803

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 22, 2024

Organization Profilewww.mediciproject.org
3105 Resaca Lafayette Rd NESugar Valley, GA 30746-0000

(678) 858-6644

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

85th percentile

$18,520

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

380%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

98%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$50,898

Up $40,288 (+380%) from 2022

Net Assets

Up

$50,610

Up $41,422 (+451%) from 2022

Liabilities

Down

$288

Down $1,134 (-80%) from 2022

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin79th percentile

Revenue

Up

$153,748

Up $76,138 (+98%) from 2022

Expenses

Up

$112,325

Up $31,419 (+39%) from 2022

Net Income

Up

$41,423

Up $44,719 (+1357%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th 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

2023

Assets$50,898
Liabilities$288
Net Assets$50,610
Open 2023 Filing

Operations Trend

Revenue Growth89th 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

2023

Revenue$153,748
Expenses$112,325
Net Income$41,423
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 22, 2024
Return Version
2023v5.0
Gross Receipts
$153,748
Mission and Program Overview

Mission

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

Form 990-EZ, Part III Organization's Primary Exempt Purpuse 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.-$76,100
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vincent HungateBoard MemberFT$12,267$6,253$18,520
Allison HungateBoard MemberFT$11,327$867$12,194
Chris SingletonBoard MemberPT$0--
Lee PhillipsBoard 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 30746-0000

Signing Officer

Name
Vincent Hungate
Title
President
Phone
6788586644
Signed
2024-07-22
Supplemental Narrative

Additional Explanations

Part I, Line 20

“Rounding”

Part II, Line 24

“Form 990-EZ, Part II, Line 24 - Loan to another non-profit”

Part II, Line 26

“Form 990-EZ, Part II, Line 26 - Payroll Taxes”

Raw XML Appendix136 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Allison Hungate
IRS990EZ/BooksInCareOfDetail/PhoneNum06788587356
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03105 Resaca Lafayette Rd NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Sugar Hill
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030746
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09910
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050198
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0153748
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt041423
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt0153748
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09188
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050610
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09188
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050610
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt160.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt011327
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt112267
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt0867
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt16253
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Allison Hungate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Vincent Hungate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chris Singleton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lee Phillips
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0700
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0700
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt077331
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Form 990-EZ, Part III Organization's Primary Exempt Purpuse Medici was organized to strategically engage the millennial generation to advance the common good in culture and community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Led 10 Service Trips in Atlanta and Nashville with 130 students serving approximately 6,500 at-risk clients.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076100
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034994
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01422
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0288
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0112325
IRS990EZ/TotalProgramServiceExpensesAmt076100
IRS990EZ/TotalRevenueAmt0153748
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt089477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0466636
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04587
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05004
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09591
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97990
IRS990ScheduleA/PublicSupportPY170Pct00.97890
IRS990ScheduleA/PublicSupportTotal170Amt0466636
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt089477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099748
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0466636
IRS990ScheduleA/TotalSupportAmt0476227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rounding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990-EZ, Part II, Line 24 - Loan to another non-profit
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990-EZ, Part II, Line 26 - Payroll Taxes
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Our previous return prepared passed away recently and it took awhile to get records from his spouse and sent to a new preparer. Form 8868 Request for Extension was submitted in May 2024 for 2023.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Vincent Hungate
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06788586644
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-22
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/ZIPCd0307460000
ReturnHeader/ReturnTs02024-07-22T14:48:50Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,898
Liabilities
$288
Net assets
$50,610
Revenue
$153,748
Expenses
$112,325
Net income
$41,423
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. 2023 filings • 501(c)3 • <$500k nonprofits