Civic Intelligence

Side Project Inc.

990 • Fiscal year 2022 • EIN 46-0769403

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

Refreshing map…

2635 Old Okeechobee RoadWest Palm Beach, FL 33409

(800) 330-5807

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

7th percentile

-78%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

87th percentile

$28,234

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

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

Asset Growth

7th percentile

-65%

Faster asset growth than 7% of similar nonprofits.

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

Revenue Growth

14th percentile

-42%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$103,534

Down $194,340 (-65%) from 2021

Net Assets

Down

$98,647

Down $176,126 (-64%) from 2021

Liabilities

Down

$4,887

Down $18,214 (-79%) from 2021

Revenue

Down

$225,953

Down $162,236 (-42%) from 2021

Expenses

Down

$402,079

Down $17,389 (-4.1%) from 2021

Net Income

Down

-$176,126

Down $144,847 (-463%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $409Liabilities 2012: $02012Assets 2014: $31,115Liabilities 2014: $165Net Assets 2014: $30,9502014Assets 2015: $36,916Liabilities 2015: $2,288Net Assets 2015: $34,6282015Assets 2016: $76,447Liabilities 2016: $0Net Assets 2016: $76,4472016Assets 2017: $195,345Liabilities 2017: $4,992Net Assets 2017: $190,3532017Assets 2018: $89,198Liabilities 2018: $1,313Net Assets 2018: $87,8852018Assets 2019: $184,633Liabilities 2019: $3,506Net Assets 2019: $181,1272019Assets 2020: $327,698Liabilities 2020: $21,646Net Assets 2020: $306,0522020Assets 2021: $297,874Liabilities 2021: $23,101Net Assets 2021: $274,7732021Assets 2022: $103,534Liabilities 2022: $4,887Net Assets 2022: $98,6472022Assets 2023: $133,405Liabilities 2023: $7,419Net Assets 2023: $125,9862023Assets 2024: $156,093Liabilities 2024: $6,153Net Assets 2024: $149,9402024

Highlighted filing

2022

Assets$103,534
Liabilities$4,887
Net Assets$98,647

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $6,100Expenses 2012: $5,691Net Income 2012: $4092012Revenue 2014: $95,812Expenses 2014: $74,544Net Income 2014: $21,2682014Revenue 2015: $104,024Expenses 2015: $100,346Net Income 2015: $3,6782015Revenue 2016: $176,851Expenses 2016: $135,032Net Income 2016: $41,8192016Revenue 2017: $386,355Expenses 2017: $277,407Net Income 2017: $108,9482017Revenue 2018: $180,324Expenses 2018: $282,792Net Income 2018: -$102,4682018Revenue 2019: $305,534Expenses 2019: $212,292Net Income 2019: $93,2422019Revenue 2020: $548,417Expenses 2020: $423,492Net Income 2020: $124,9252020Revenue 2021: $388,189Expenses 2021: $419,468Net Income 2021: -$31,2792021Revenue 2022: $225,953Expenses 2022: $402,079Net Income 2022: -$176,1262022Revenue 2023: $183,849Expenses 2023: $156,422Net Income 2023: $27,4272023Revenue 2024: $147,292Expenses 2024: $123,338Net Income 2024: $23,9542024

Highlighted filing

2022

Revenue$225,953
Expenses$402,079
Net Income-$176,126
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$225,953
Mission and Program Overview

Mission

Side project inc. Combines the philosophy of social work with the tools of the law to incubate and develop grassroots projects focused on social change. We provide macro level, community organization support by helping to educate the general public on the complex set of laws, rules, regulations, and compliance issues that impact charitable, educational, and scientific projects. Our services focus on developing socially-minded ideas into sustainable projects that have a positive impact on the community. We provided the resources, training, and technical assistance that nonprofit leaders and social change agents need as they try to navigate the rules, regulations and laws impacting their work. This effort is fueled by the a corp of young professionals who donate their time, talent and treasurer to help the charitable issues our organization supports, including access to higher education, inclusion of people with disabilities in the community, and access to justice issues.

To promote social justice and social change by incubating and developing grassroots projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$297,874$103,534▼ $194,340
Total Assets$297,874$103,534▼ $194,340
Liabilities
Other Liabilities$23,101$4,887▼ $18,214
Total Liabilities$23,101$4,887▼ $18,214
Net Assets / Fund Balance
Net Assets With Donor Restrictions$277,108$77,436▼ $199,672
Net Assets Without Donor Restrictions$-2,335$21,211▲ $23,546
Total Net Assets Fund Balance$274,773$98,647▼ $176,126
Total Liabilities and Net Assets / Fund Balance$297,874$103,534▼ $194,340
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey FromknechtCEOFT$28,234$28,234
Arwen Lavengood DavisCOOPT$12,101$12,101
David BrownTreasurer/cfPT$1,056$1,056

Board Members and Trustees

NameTitle
Adam CausgroveChairperson
Nicholas KochVice Chair
Dan FromknechtBoard of Director
Emanuel Jackson JrBoard of Director
Kelsey RipperBoard of Director
Meghan BoehmBoard of Director
Nicholas KochBoard of Director
Stephen FetznerBoard of Director
Tim GrowBoard of Director
Revenue and Support

Revenue Composition

Contributions and Grants
$159,155
Program Service Revenue
$65,605
Investment Income
$62
Other Revenue
$1,131
All Other Contributions
$159,155
Change in Net Assets
$-176,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,224
Grants and Similar Amounts Paid$80,517
Salaries, Compensation, and Employee Benefits$43,338
Total Fundraising Expense$13,845
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$124,117$14,602$7,301$146,020
Grants to Domestic Orgs$67,573--$67,573
Fees for Services Legal$31,362$3,690$1,845$36,897
Current Officers, Directors, Trustees, and Key Employees$36,735--$36,735
All Other Expenses$15,698$1,057$528$17,283
Grants to Domestic Individuals$12,944--$12,944
Conferences and Meetings$9,899$1,165$582$11,646
Travel$8,517$1,002$501$10,020
Other Expenses$5,719$673$336$6,728
Insurance$4,962$584$292$5,838
Other Employee Benefits$3,454$406$203$4,063
Payroll Taxes$2,159$254$127$2,540
Office Expenses$1,214--$1,214
Occupancy$459$54$27$540
Total Functional Expenses$360,543$27,691$13,845$402,079
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
BLACK WOMEN'S POLICY AGENDAWashington, DC501c3Advocacy$50,000
The Italian Garden ProjectPittsburgh, PA501c3Cultural$17,573
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$4,887
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
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, Page 6, Part VI, Line 2

Jeffrey fromknecht dan fromknecht ceo board member brothers

Form 990, Page 6, Part VI, Line 11B

Given to board of directors to review prior to submitting

Form 990, Page 6, Part VI, Line 12C

Board reviews policy annually and individual members of the board complete an annual disclosure.

Form 990, Page 6, Part VI, Line 15A

The board of directors has adopted an executive compensation policy that requires: (1) interested parties to abstain from voting, (2) the board to relay on market data and compensation reports and (3) for all of this information to be documented and recorded in the minutes.

Form 990, Page 6, Part VI, Line 19

It is available on our website and by request.

Filing and Contact Details

Filer

Filer Name
Side Project Inc
EIN
46-0769403
Phone
8003305807
Address
2635 OLD OKEECHOBEE ROAD, WEST PALM BEACH, FL 33409

Signing Officer

Name
Jeffrey Fromknecht
Title
CEO
Phone
8003305807
Signed
2023-10-31

Organization Details

Principal Officer
Jeffrey Fromknecht
Formed
2012
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
10
Employees
2
Volunteers
25

Preparer

Firm
Accounting Services of Florida Inc
Address
7000 WEST PALMETTO PARK RD STE 210, BOCA RATON, FL 33433
Preparer
Eric T Feld CPA
Phone
9549470045
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

To promote social justice and social change by incubating and developing grassroots projects. To promote social justice and social change by incubating and developing grassroots projects. We are a nonprofit incubator and social change accelerator. We believe in the power of grassroots community organizations and work with new projects and initiatives to help them determine their best path forward. Side project oversees new and innovative projects focused on progressive social change. In 2022, we worked alongside several initiatives focused on creating more inclusive and welcoming communities, including those who were implementing new programs, collaborating across sectors on issues, and testing out new approaches to social change. Our projects span many fields in the nonprofit sector and have strong, capable leadership with a variety of small to large operations. Some of our projects are as follows: pittsburgh center for autistic advocacy (pcaa) works to improve the lives of autistic people and seeks to advance the equity of autistic people in all realms of life. They believe that all autistic people and disabled people have the right to follow their dreams and be fully involved in decisions that affect their lives. Pcaa also believes in inclusive education and empowering autistic leaders in their community using principles from the disability rights movement and intersectional feminism. In 2022, pcaa reached around 1000 individuals and provided nearly 100 hours of peer support. In 2022, the black women's policy agenda established the black women's policy center, an in-person and virtual space where black women can build on the collective power of black women in the community and the organizations and initiatives that serve them. The center advocates and shifts systems change work to focusing on the intersectionality of race and gender. They are moving the dial and changing conditions so that black women and girls go from surviving to thriving. Getting ahead beaver county was established in 2022, with a focus on depleting beaver county of poverty one person at a time. They accomplish this through getting ahead workshops, the staying ahead network, and on the ground networking in beaver county. In 2022, they recruited 16 participants for their inaugural cohort and worked with them on personal, life, social, and networking skills. Through our program lawyers for nonprofits, side project inc provides training and technical assistance focused on helping the community understand state and federal laws that impact social justice-themed projects. Side project's training and technical assistance team also assists community-based leaders in understanding nonprofit management and strategic planning techniques. In 2022, side project delivered both in- person and online-based education and technical assistance. Lawyers for nonprofits provided information and guidance to nonprofits and grassroots projects on corporate, tax, and compliance issues. This included corporate governance issues, charitable registration compliance issues, tax-exempt issues, including executive compensation, private inurement, excess benefit, and the restrictions on lobbying and political activity. In 2022, side project provided nearly 1000 hours of pro bono and low bono one-on-one support to hundreds of nonprofits and would-be nonprofit organizations (with budgets less than 2,000,000) in pennsylvania, florida, and oregon. Additionally, we provided on-going low bono and pro bono legal, community organizing, and operational support to more than 25 small, grassroots nonprofits focused on social justice issues. Lawyers for nonprofits also hosts a free nonprofit legal hotline that assists dozens of grassroots groups, assisting them with a variety of general counsel legal services. In florida, we hosted nonprofit legal clinic workshops in partnership with nonprofit first and the center for social change on legal and compliance issues for small nonprofits. In pennsylvani

Form 990, Part IX, Line 11G

Contractors 124,117 14,602 7,301

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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE ITALIAN GARDEN PROJECT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE SOCIAL JUSTICE AND SOCIAL CHANGE BY INCUBATING AND DEVELOPING GRASSROOTS PROJECTS. TO PROMOTE SOCIAL JUSTICE AND SOCIAL CHANGE BY INCUBATING AND DEVELOPING GRASSROOTS PROJECTS. WE ARE A NONPROFIT INCUBATOR AND SOCIAL CHANGE ACCELERATOR. WE BELIEVE IN THE POWER OF GRASSROOTS COMMUNITY ORGANIZATIONS AND WORK WITH NEW PROJECTS AND INITIATIVES TO HELP THEM DETERMINE THEIR BEST PATH FORWARD. SIDE PROJECT OVERSEES NEW AND INNOVATIVE PROJECTS FOCUSED ON PROGRESSIVE SOCIAL CHANGE. IN 2022, WE WORKED ALONGSIDE SEVERAL INITIATIVES FOCUSED ON CREATING MORE INCLUSIVE AND WELCOMING COMMUNITIES, INCLUDING THOSE WHO WERE IMPLEMENTING NEW PROGRAMS, COLLABORATING ACROSS SECTORS ON ISSUES, AND TESTING OUT NEW APPROACHES TO SOCIAL CHANGE. OUR PROJECTS SPAN MANY FIELDS IN THE NONPROFIT SECTOR AND HAVE STRONG, CAPABLE LEADERSHIP WITH A VARIETY OF SMALL TO LARGE OPERATIONS. SOME OF OUR PROJECTS ARE AS FOLLOWS: PITTSBURGH CENTER FOR AUTISTIC ADVOCACY (PCAA) WORKS TO IMPROVE THE LIVES OF AUTISTIC PEOPLE AND SEEKS TO ADVANCE THE EQUITY OF AUTISTIC PEOPLE IN ALL REALMS OF LIFE. THEY BELIEVE THAT ALL AUTISTIC PEOPLE AND DISABLED PEOPLE HAVE THE RIGHT TO FOLLOW THEIR DREAMS AND BE FULLY INVOLVED IN DECISIONS THAT AFFECT THEIR LIVES. PCAA ALSO BELIEVES IN INCLUSIVE EDUCATION AND EMPOWERING AUTISTIC LEADERS IN THEIR COMMUNITY USING PRINCIPLES FROM THE DISABILITY RIGHTS MOVEMENT AND INTERSECTIONAL FEMINISM. IN 2022, PCAA REACHED AROUND 1000 INDIVIDUALS AND PROVIDED NEARLY 100 HOURS OF PEER SUPPORT. IN 2022, THE BLACK WOMEN'S POLICY AGENDA ESTABLISHED THE BLACK WOMEN'S POLICY CENTER, AN IN-PERSON AND VIRTUAL SPACE WHERE BLACK WOMEN CAN BUILD ON THE COLLECTIVE POWER OF BLACK WOMEN IN THE COMMUNITY AND THE ORGANIZATIONS AND INITIATIVES THAT SERVE THEM. THE CENTER ADVOCATES AND SHIFTS SYSTEMS CHANGE WORK TO FOCUSING ON THE INTERSECTIONALITY OF RACE AND GENDER. THEY ARE MOVING THE DIAL AND CHANGING CONDITIONS SO THAT BLACK WOMEN AND GIRLS GO FROM SURVIVING TO THRIVING. GETTING AHEAD BEAVER COUNTY WAS ESTABLISHED IN 2022, WITH A FOCUS ON DEPLETING BEAVER COUNTY OF POVERTY ONE PERSON AT A TIME. THEY ACCOMPLISH THIS THROUGH GETTING AHEAD WORKSHOPS, THE STAYING AHEAD NETWORK, AND ON THE GROUND NETWORKING IN BEAVER COUNTY. IN 2022, THEY RECRUITED 16 PARTICIPANTS FOR THEIR INAUGURAL COHORT AND WORKED WITH THEM ON PERSONAL, LIFE, SOCIAL, AND NETWORKING SKILLS. THROUGH OUR PROGRAM LAWYERS FOR NONPROFITS, SIDE PROJECT INC PROVIDES TRAINING AND TECHNICAL ASSISTANCE FOCUSED ON HELPING THE COMMUNITY UNDERSTAND STATE AND FEDERAL LAWS THAT IMPACT SOCIAL JUSTICE-THEMED PROJECTS. SIDE PROJECT'S TRAINING AND TECHNICAL ASSISTANCE TEAM ALSO ASSISTS COMMUNITY-BASED LEADERS IN UNDERSTANDING NONPROFIT MANAGEMENT AND STRATEGIC PLANNING TECHNIQUES. IN 2022, SIDE PROJECT DELIVERED BOTH IN- PERSON AND ONLINE-BASED EDUCATION AND TECHNICAL ASSISTANCE. LAWYERS FOR NONPROFITS PROVIDED INFORMATION AND GUIDANCE TO NONPROFITS AND GRASSROOTS PROJECTS ON CORPORATE, TAX, AND COMPLIANCE ISSUES. THIS INCLUDED CORPORATE GOVERNANCE ISSUES, CHARITABLE REGISTRATION COMPLIANCE ISSUES, TAX-EXEMPT ISSUES, INCLUDING EXECUTIVE COMPENSATION, PRIVATE INUREMENT, EXCESS BENEFIT, AND THE RESTRICTIONS ON LOBBYING AND POLITICAL ACTIVITY. IN 2022, SIDE PROJECT PROVIDED NEARLY 1000 HOURS OF PRO BONO AND LOW BONO ONE-ON-ONE SUPPORT TO HUNDREDS OF NONPROFITS AND WOULD-BE NONPROFIT ORGANIZATIONS (WITH BUDGETS LESS THAN 2,000,000) IN PENNSYLVANIA, FLORIDA, AND OREGON. ADDITIONALLY, WE PROVIDED ON-GOING LOW BONO AND PRO BONO LEGAL, COMMUNITY ORGANIZING, AND OPERATIONAL SUPPORT TO MORE THAN 25 SMALL, GRASSROOTS NONPROFITS FOCUSED ON SOCIAL JUSTICE ISSUES. LAWYERS FOR NONPROFITS ALSO HOSTS A FREE NONPROFIT LEGAL HOTLINE THAT ASSISTS DOZENS OF GRASSROOTS GROUPS, ASSISTING THEM WITH A VARIETY OF GENERAL COUNSEL LEGAL SERVICES. IN FLORIDA, WE HOSTED NONPROFIT LEGAL CLINIC WORKSHOPS IN PARTNERSHIP WITH NONPROFIT FIRST AND THE CENTER FOR SOCIAL CHANGE ON LEGAL AND COMPLIANCE ISSUES FOR SMALL NONPROFITS. IN PENNSYLVANI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JEFFREY FROMKNECHT DAN FROMKNECHT CEO BOARD MEMBER BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GIVEN TO BOARD OF DIRECTORS TO REVIEW PRIOR TO SUBMITTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS POLICY ANNUALLY AND INDIVIDUAL MEMBERS OF THE BOARD COMPLETE AN ANNUAL DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS HAS ADOPTED AN EXECUTIVE COMPENSATION POLICY THAT REQUIRES: (1) INTERESTED PARTIES TO ABSTAIN FROM VOTING, (2) THE BOARD TO RELAY ON MARKET DATA AND COMPENSATION REPORTS AND (3) FOR ALL OF THIS INFORMATION TO BE DOCUMENTED AND RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IT IS AVAILABLE ON OUR WEBSITE AND BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACTORS 124,117 14,602 7,301
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