Civic Intelligence

Democracy Earth Foundation

990EZ • Fiscal year 2017 • EIN 37-1776296

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

50 East 86th Street No Apt 5ANew York, NY 10028

(650) 300-9874

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-18%

Higher net margin than 18% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$52,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 38.3% of source-year revenue.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-34%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$88,824

Up $26,259 (+42%) from 2016

Net Assets

Up

$88,824

Up $26,259 (+42%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$137,104

Down $70,889 (-34%) from 2016

Expenses

Down

$161,695

Down $55,937 (-26%) from 2016

Net Income

Down

-$24,591

Down $14,952 (-155%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2015: $47,923Liabilities 2015: $0Net Assets 2015: $47,9232015Assets 2016: $62,565Liabilities 2016: $0Net Assets 2016: $62,5652016Assets 2017: $88,824Liabilities 2017: $0Net Assets 2017: $88,8242017Assets 2018: $36,341Liabilities 2018: $330,977Net Assets 2018: -$294,6362018Assets 2019: $4,910Liabilities 2019: $301,731Net Assets 2019: -$296,8212019Assets 2020: $4,910Liabilities 2020: $62,023Net Assets 2020: -$57,1132020Assets 2021: $52,215Liabilities 2021: $0Net Assets 2021: $52,2152021

Highlighted filing

2017

Assets$88,824
Liabilities$0
Net Assets$88,824

Operations Trend

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

$500K$0-$500KRevenue 2015: $118,069Expenses 2015: $70,146Net Income 2015: $47,9232015Revenue 2016: $207,993Expenses 2016: $217,632Net Income 2016: -$9,6392016Revenue 2017: $137,104Expenses 2017: $161,695Net Income 2017: -$24,5912017Revenue 2018: $53,963Expenses 2018: $437,423Net Income 2018: -$383,4602018Revenue 2019: $218,824Expenses 2019: $250,753Net Income 2019: -$31,9292019Revenue 2020: $323,495Expenses 2020: $86,283Net Income 2020: $237,2122020Revenue 2021: $70,018Expenses 2021: $14,933Net Income 2021: $55,0852021

Highlighted filing

2017

Revenue$137,104
Expenses$161,695
Net Income-$24,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$137,104
Mission and Program Overview

Mission

The specific purposes of this organization are to develop open-source,free and decentralized software and applications that will be usable by (and made available at no cost to) tens of millions of users and foundational technologies that will be utilized by individuals, users and foundational technologies that will be used by individuals,government agencies, nonprofit organizations and corporations to advance online open source content.

Program Services

DescriptionGrantsExpenses
SOVEREIGN: OUR LARGEST PROJECT LAST YEAR IS THE DEVELOPMENT OF SOVEREIGN (HTTP://SOVEREIGN.SOFTWARE), A DECENTRALIZED GOVERNANCE SOFTWARE PLATFORM THAT USES BLOCKCHAIN BASED TECHNOLOGY. ALL OF THE SOURCE CODE AND CONTRIBUTIONS CAN BE FOUND AT HTTP://GITHUB.COM/DEMOCRACYEARTH/SOVEREIGN.PILOT IMPLEMENTATIONS: WE RAN A PILOT IN HONG KONG TESTING BLOCKCHAIN-BASED VOTING DURING A MOCKUP REFERENDUM HELD BY ACTIVIST ORGANIZATIONS IN THE CITY TO ELECT THE MAYOR OF HONG KONG THAT LED TO THE PARTICIPATION OF 10,000+ VOTERS.$0$16,340
RESEARCH: WE PUBLISHED IN SEPTEMBER OUR PAPER "THE SOCIAL SMART CONTRACT" OUTLINING THE POLITICAL AND TECHNICAL CHALLENGES TO CREATE A SET OF SMART CONTRACTS THAT ENABLE DEMOCRATIC GOVERNANCE USING BLOCKCHAINS AND A MECHANISM TO CREATE A PROOF-OF-IDENTITY PROTOCOL ABLE TO REGISTER VOTERS WITHOUT NEEDING TRUSTED AUTHORITIES.$0$4,669
CONFERENCES & WORKSHOPS: WE PARTICIPATED IN THE FUTURE COUNCILS MEETING HELD IN DUBAI BY THE WORLD ECONOMIC FORUM IN NOVEMBER, DISCUSSING BLOCKCHAIN ENERGY USAGE AT THE NATURAL RESOURCE SECURITY COUNCIL. WE GOT AWARDED BY MIT TECHNOLOGY REVIEW MAGAZINE AND PARTICIPATED IN AN EVENT HELD IN MEXICO FOR OUR WORK RELATED TO DIGITAL GOVERNANCE. WE PRESENTED AT THE UNITED NATIONS AT AN EVENT HELD BY THE LATIN IMPACT FOUNDATION. WE PRESENTED IN COLABORAMERICA, AN EVENT FOR SOCIAL IMPACT ENTREPRENEURS IN RIO DE JANEIRO, BRAZIL. WE RAN A WORKSHOP IN BERLIN FOR DEVELOPERS ON OPEN SOURCE SOFTWARE AT THE CODENOW EVENT. WE DID A WORKSHOP ON TECH NON-PROFITS IN SEOUL, SOUTH KOREA INVITED BY THE NPO ORGANIZATION. WE PRESENTED AT TEDXPURAVIDA IN SAN JOSE, COSTA RICA ABOUT THE CHALLENGES OF THE NATION-STATE IN THE AGE OF BLOCKCHAINS. WE PRESENTED AT THE WORLD FAIR NANO CONFERENCE IN SAN FRANCISCO,CA.$0$2,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANTIAGO SIRIPresidentFT$52,500-$52,500
PIA MANCINISecretaryPT$0--
VIRGILE DEVILLETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Democracy Earth Foundation
EIN
37-1776296
Phone
6503009874
Address
50 EAST 86TH STREET NO APT 5A, NEW YORK, NY 10028

Signing Officer

Name
Santiago Siri
Title
President
Phone
6503009874
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Singerlewak Llp
Address
10960 WILSHIRE BLVD STE 700, LOS ANGELES, CA 90024-3783
Preparer
Lior Temkin
Phone
3104773924
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: conference and guest speaking. Amount: 14,985.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: promotion . Amount: 1,266. Description: office expense. Amount: 1,898. Description: meals & entertainment. Amount: 540. Description: legal and professional fees. Amount: 8,171. Description: technology . Amount: 3,883. Description: payroll fees. Amount: 1,186. Description: payroll taxes. Amount: 9,375. Description: taxes & licenses. Amount: 1,920. Description: travel. Amount: 16,481. Description: utilities. Amount: 715. Description: conferences expense. Amount: 5,000. Description: equipment expense. Amount: 1,247. Total to form 990-ez, line 16: 51,682.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior year adjustment . Amount: 50,850.

Form 990-ez, Part II, Line 24 - Other Assets

Description: employee advances. Beg. Of year amount: 74. End of year amount: 0. Description: investment-coinbase. Beg. Of year amount: 24,281. End of year amount: 86,876.

Raw XML Appendix155 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.

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IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO DEVELOP OPEN-SOURCE,FREE AND DECENTRALIZED SOFTWARE AND APPLICATIONS THAT WILL BE USABLE BY (AND MADE AVAILABLE AT NO COST TO) TENS OF MILLIONS OF USERS AND FOUNDATIONAL TECHNOLOGIES THAT WILL BE UTILIZED BY INDIVIDUALS, USERS AND FOUNDATIONAL TECHNOLOGIES THAT WILL BE USED BY INDIVIDUALS,GOVERNMENT AGENCIES, NONPROFIT ORGANIZATIONS AND CORPORATIONS TO ADVANCE ONLINE OPEN SOURCE CONTENT.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1RESEARCH: WE PUBLISHED IN SEPTEMBER OUR PAPER "THE SOCIAL SMART CONTRACT" OUTLINING THE POLITICAL AND TECHNICAL CHALLENGES TO CREATE A SET OF SMART CONTRACTS THAT ENABLE DEMOCRATIC GOVERNANCE USING BLOCKCHAINS AND A MECHANISM TO CREATE A PROOF-OF-IDENTITY PROTOCOL ABLE TO REGISTER VOTERS WITHOUT NEEDING TRUSTED AUTHORITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2CONFERENCES & WORKSHOPS: WE PARTICIPATED IN THE FUTURE COUNCILS MEETING HELD IN DUBAI BY THE WORLD ECONOMIC FORUM IN NOVEMBER, DISCUSSING BLOCKCHAIN ENERGY USAGE AT THE NATURAL RESOURCE SECURITY COUNCIL. WE GOT AWARDED BY MIT TECHNOLOGY REVIEW MAGAZINE AND PARTICIPATED IN AN EVENT HELD IN MEXICO FOR OUR WORK RELATED TO DIGITAL GOVERNANCE. WE PRESENTED AT THE UNITED NATIONS AT AN EVENT HELD BY THE LATIN IMPACT FOUNDATION. WE PRESENTED IN COLABORAMERICA, AN EVENT FOR SOCIAL IMPACT ENTREPRENEURS IN RIO DE JANEIRO, BRAZIL. WE RAN A WORKSHOP IN BERLIN FOR DEVELOPERS ON OPEN SOURCE SOFTWARE AT THE CODENOW EVENT. WE DID A WORKSHOP ON TECH NON-PROFITS IN SEOUL, SOUTH KOREA INVITED BY THE NPO ORGANIZATION. WE PRESENTED AT TEDXPURAVIDA IN SAN JOSE, COSTA RICA ABOUT THE CHALLENGES OF THE NATION-STATE IN THE AGE OF BLOCKCHAINS. WE PRESENTED AT THE WORLD FAIR NANO CONFERENCE IN SAN FRANCISCO,CA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CONFERENCE AND GUEST SPEAKING. AMOUNT: 14,985.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROMOTION . AMOUNT: 1,266. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,898. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 540. DESCRIPTION: LEGAL AND PROFESSIONAL FEES. AMOUNT: 8,171. DESCRIPTION: TECHNOLOGY . AMOUNT: 3,883. DESCRIPTION: PAYROLL FEES. AMOUNT: 1,186. DESCRIPTION: PAYROLL TAXES. AMOUNT: 9,375. DESCRIPTION: TAXES & LICENSES. AMOUNT: 1,920. DESCRIPTION: TRAVEL. AMOUNT: 16,481. DESCRIPTION: UTILITIES. AMOUNT: 715. DESCRIPTION: CONFERENCES EXPENSE. AMOUNT: 5,000. DESCRIPTION: EQUIPMENT EXPENSE. AMOUNT: 1,247. TOTAL TO FORM 990-EZ, LINE 16: 51,682.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR YEAR ADJUSTMENT . AMOUNT: 50,850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: EMPLOYEE ADVANCES. BEG. OF YEAR AMOUNT: 74. END OF YEAR AMOUNT: 0. DESCRIPTION: INVESTMENT-COINBASE. BEG. OF YEAR AMOUNT: 24,281. END OF YEAR AMOUNT: 86,876.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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