Civic Intelligence

Hypothes Is Project

990 • Fiscal year 2019 • EIN 45-2677817

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 28, 2020

2261 Market Street Ste 632San Francisco, CA 94114

(650) 274-7647

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$58,592

Down $832,573 (-93%) from 2018

Net Assets

Up

$58,592

Up $762,723 (+108%) from 2018

Liabilities

Down

$0

Down $1,595,296 (-100%) from 2018

Revenue And Expenses

Revenue

Up

$2,521,639

Up $1,172,506 (+87%) from 2018

Expenses

Down

$1,758,916

Down $911,472 (-34%) from 2018

Net Income

Up

$762,723

Up $2,083,978 (+158%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2012: $4,413Liabilities 2012: $2,044Net Assets 2012: $2,3692012Assets 2013: $244,065Liabilities 2013: $0Net Assets 2013: $244,0652013Assets 2014: $1,077,637Liabilities 2014: $0Net Assets 2014: $1,077,6372014Assets 2015: $814,676Liabilities 2015: $13,500Net Assets 2015: $801,1762015Assets 2016: $1,975,339Liabilities 2016: $23,609Net Assets 2016: $1,951,7302016Assets 2017: $617,124Liabilities 2017: $0Net Assets 2017: $617,1242017Assets 2018: $891,165Liabilities 2018: $1,595,296Net Assets 2018: -$704,1312018Assets 2019: $58,592Liabilities 2019: $0Net Assets 2019: $58,5922019Assets 2020: $52,222Liabilities 2020: $667Net Assets 2020: $51,5552020Assets 2021: $1,622Liabilities 2021: $667Net Assets 2021: $9552021Assets 2022: $46,981Liabilities 2022: $3,333Net Assets 2022: $43,6482022

Highlighted filing

2019

Assets$58,592
Liabilities$0
Net Assets$58,592

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $239,011Expenses 2012: $236,642Net Income 2012: $2,3692012Revenue 2013: $832,875Expenses 2013: $591,179Net Income 2013: $241,6962013Revenue 2014: $1,615,870Expenses 2014: $782,298Net Income 2014: $833,5722014Revenue 2015: $1,083,352Expenses 2015: $1,359,813Net Income 2015: -$276,4612015Revenue 2016: $2,874,754Expenses 2016: $1,765,534Net Income 2016: $1,109,2202016Revenue 2017: $1,000,766Expenses 2017: $2,335,372Net Income 2017: -$1,334,6062017Revenue 2018: $1,349,133Expenses 2018: $2,670,388Net Income 2018: -$1,321,2552018Revenue 2019: $2,521,639Expenses 2019: $1,758,916Net Income 2019: $762,7232019Revenue 2020: $38,073Expenses 2020: $45,110Net Income 2020: -$7,0372020Revenue 2021: $31,000Expenses 2021: $81,600Net Income 2021: -$50,6002021Revenue 2022: $51,333Expenses 2022: $8,640Net Income 2022: $42,6932022

Highlighted filing

2019

Revenue$2,521,639
Expenses$1,758,916
Net Income$762,723
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 28, 2020
Return Version
2018v3.1
Gross Receipts
$2,521,639
Mission and Program Overview

Mission

Hypothes.is is a distributed, open source platform for the collaborative evaluation of information. It will enable embedded critique of text and other media combined with a sophisticated yet easy-to-use model of community peer-review.

Hypothes.is is a distributed, open source platform for the collaborative evaluation of information. It will enable the embedded critique of text and other media combined with a sophisticated yet easy-to-use model of community peer-review.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$1,595,296--
Savings and Temporary Cash Investments$701,003$32,441▼ $668,562
Cash and Non-Interest-Bearing Accounts$190,162$22,151▼ $168,011
Accounts Receivable-$4,000-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$891,165$58,592▼ $832,573
Other Assets Total-$0-
Liabilities
Total Liabilities$1,595,296$0▼ $1,595,296
Net Assets / Fund Balance
Unrestricted Net Assets$-704,131$58,592▲ $762,723
Total Net Assets Fund Balance$-704,131$58,592▲ $762,723
Total Liabilities and Net Assets / Fund Balance$891,165$58,592▼ $832,573

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$7,228$7,228
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lyza Danger GardnerSr. DeveloperFT$137,118$19,585$156,703
Reba M FowlerDir, Bus. & OpsFT$125,824$11,939$137,763
Dan WhaleyPresidentFT$124,488$11,939$136,427
Jon UdellDir, IntegrationsFT$116,204$19,581$135,785
Heather Ruland StainesDir, PartnershipFT$122,704$313$123,017
Arti Walker-PeddakotlaProduct ManagerFT$116,504$27$116,531

Board Members and Trustees

NameTitle
Gerry PercyTreasurer/Secty

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert KnightSoftware development75A Malden Road, Cheam, Uk$129,704
Sean HammondSoftware development221/4 Dalkeith Road, Edinburgh, Uk$123,149
Revenue and Support

Revenue Composition

Contributions and Grants
$2,479,185
Program Service Revenue
$41,700
Investment Income
$754
Other Revenue
$0
All Other Contributions
$2,479,185
Change in Net Assets
$762,723

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,521,639
Total Revenue per Audited Statements
$2,521,639
Total Revenue per Form 990
$2,521,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,238,458
Other Expenses$520,458
Total Fundraising Expense$80,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$670,556$261,145$18,813$950,514
Fees for Services Other$188,559$34,979-$223,538
Travel$146,726--$146,726
Current Officers, Directors, Trustees, and Key Employees$31,908$53,179$21,272$106,359
Other Employee Benefits$28,903$48,174$19,269$96,346
Payroll Taxes$25,571$42,620$17,048$85,239
Information Technology$31,835$24,152-$55,987
Conferences and Meetings$42,792--$42,792
Occupancy-$5,904-$5,904
Fees for Services Accounting-$5,475-$5,475
Office Expenses-$4,195-$4,195
Advertising-$3,556-$3,556
Fees for Services Legal-$2,493-$2,493
Insurance-$806-$806
Other Expenses$5,579$395$3,720$395
Total Functional Expenses$1,172,429$506,365$80,122$1,758,916

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,758,916
Total Expenses per Audited Statements$1,758,916
Total Expenses per Form 990$1,758,916
International Activity

International Summary

Employees
4
Spending
$338,722

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram servicesSoftware development04$338,722
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,595,296--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The CEO reviews with the executive staff, and then the Board of Directors reviews it before we submit it.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Yes, on an annual basis compliance with this policy is reviewed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Hypothesis Project
EIN
45-2677817
Phone
6502747647
Address
2261 Market Street Ste 632, San Francisco, CA 94114

Signing Officer

Name
Daniel G Whaley
Title
Founder/Pres.
Signed
2020-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Whaley
Formed
2011
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
1
Employees
15

Preparer

Firm
Crosby & Kaneda CPAs LLP
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
August Zajonc CPA
Phone
5108352727
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of June 30, 2019 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.

Raw XML AppendixShowing 400 of 513 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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IRS990/OtherExpensesGrp/TotalAmt15819
IRS990/OtherExpensesGrp/TotalAmt22528
IRS990/OtherExpensesGrp/TotalAmt3395
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018813
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0261145
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0670556
IRS990/OtherSalariesAndWagesGrp/TotalAmt0950514
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt017048
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt042620
IRS990/PayrollTaxesGrp/ProgramServicesAmt025571
IRS990/PayrollTaxesGrp/TotalAmt085239
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Dan Whaley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt041700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt041700
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01133174
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04500
IRS990/PYInvestmentIncomeAmt0251
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0686864
IRS990/PYProgramServiceRevenueAmt0215708
IRS990/PYRevenuesLessExpensesAmt0-1321255
IRS990/PYSalariesCompEmpBnftPaidAmt01979024
IRS990/PYTotalExpensesAmt02670388
IRS990/PYTotalRevenueAmt01349133
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0762723
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt041700
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0701003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032441
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Form 990, Schedule A, Section C, line 17aHow the organization meets the "facts-and-circumstances" test.a. It is actively engaged in attracting additional public support on an ongoing basis. Hypothes.is has an active, ongoing program of seeking public support. It currently attracts support from academic institutions, research institutions, news agencies, publishers, educational institutions, schools, etc. The NYS Senate (for annotation of proposed legis.) provides support. Furthermore, Hypothes.is continues to expand its quest for additional public support, especially government support;b. It has a representative governing board. The organization's governing board is representative of the population it serves - technologists and knowledge management professionals.c. It makes its programs and services broadly available to the public at no charge. All of Hypothes.is programs and services are available to the broad general public without charge. The technology that underlies its products and services is "open source," which means the public can see it, adapt it and use it without charge.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I: Additional Information
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02479185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01133174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0752820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02873785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01082726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08321690
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0754
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0251
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02783
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0626
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05383
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0502571
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15690
IRS990ScheduleA/PublicSupportPY170Pct00.16260
IRS990ScheduleA/PublicSupportTotal170Amt01306876
IRS990ScheduleA/SubstantialContributorsTotAmt07014814
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02479185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01133174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0752820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02873785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01082726
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08321690
IRS990ScheduleA/TotalSupportAmt08327073
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07228
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07228
IRS990ScheduleD/ExpensesSubtotalAmt01758916
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt02521639
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of June 30, 2019 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt01758916
IRS990ScheduleD/TotalRevenuePerForm990Amt02521639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02521639
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01758916
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0338722
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Software development
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalSpentAmt0338722
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalSpentAmt0338722
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0137118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt019585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Lyza Danger Gardner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Sr. Developer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156703
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The CEO reviews with the executive staff, and then the Board of Directors reviews it before we submit it.

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