Civic Intelligence

Side Project Inc.

990EZ • Fiscal year 2023 • EIN 46-0769403

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 22, 2025

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

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$9,188

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

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

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

26th percentile

-19%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$133,405

Up $29,871 (+29%) from 2022

Net Assets

Up

$125,986

Up $27,339 (+28%) from 2022

Liabilities

Up

$7,419

Up $2,532 (+52%) from 2022

Revenue

Down

$183,849

Down $42,104 (-19%) from 2022

Expenses

Down

$156,422

Down $245,657 (-61%) from 2022

Net Income

Up

$27,427

Up $203,553 (+116%) from 2022

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

2023

Assets$133,405
Liabilities$7,419
Net Assets$125,986

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

2023

Revenue$183,849
Expenses$156,422
Net Income$27,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 22, 2025
Return Version
2023v6.0
Gross Receipts
$194,224
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. 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.

Program Services

DescriptionGrantsExpenses
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$33,424$120,036
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arwen Lavengood DavisSecretary, Board Of Directors & COOPT$9,188-$9,188
Jeffrey FromknechtCEO & Managing AttorneyPT$7,813-$7,813
Dave BrownCFO & Board Of Directors-$500-$500
Nicholas KochCurrent Chairperson, Board Of Directors-$0--
Meghan BoehmVice-Chairperson, Board Of Directors-$0--
Adam Paul CausgroveDirector Of Community Outreach - Pittsburgh-$0--
Daniel FromknechtTreasurer, Board Of Directors-$0--
David GardnerBoard Of Directors-$0--
Tim GrowBoard Of Directors-$0--
Emanuel Jackson JrBoard Of Directors-$0--
Rochelle JacksonBoard Of Directors-$0--
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 & Managing Attorney
Phone
8145207544
Signed
2025-01-22
Discuss with paid preparer
Yes

Preparer

Firm
Side Project Inc
Address
2625 Old Okeechobee, West Palm Beach, FL 33414
Preparer
Jeffrey Fromknecht
Phone
8145207544
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Misc Income

Form 990-EZ, Part I, Line 10

Grants made to: 1. Black Women's Policy Agenda - $3,261.2; 2. Community Greening - $250; 3. Attagirl Scholarship Program - $5,500; 4. Success Through Sports Foundation $259; 5. Northwest Health Foundation II - $9000; 6. St. James Church - $250; 7. ACLU $50; 8. EJS Project $250; 9. CLASS $250 10. AZUL $200; 11. Shriners Hospital of Erie $6000; 12. VMCE $3000; 13. Erie City Moms $1500; 14. Erie Free Store $500; 15. Alliance of Women Executives $250; 16. Village of Wellington $575;

Form 990-EZ, Part I, Line 16

Bank Charges, Business Reimbursement, Insurance, Licenses

Form 990-EZ, Part II, Line 24

Unrestricted - $17,780, Temporarily restricted - $108,206

Form 990-EZ, Part II, Line 26

Credit Cards and Payables

Raw XML Appendix302 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/PrimaryExemptPurposeTxt0TO 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.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To 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
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0193835
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0225953
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0388189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0548405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0305534
IRS990ScheduleA/Total509Grp/TotalAmt01661916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0194224
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0225953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0388189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0548405
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0305534
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01662305
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/ExplanationTxt0Misc Income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grants made to: 1. Black Women's Policy Agenda - $3,261.2; 2. Community Greening - $250; 3. Attagirl Scholarship Program - $5,500; 4. Success Through Sports Foundation $259; 5. Northwest Health Foundation II - $9000; 6. St. James Church - $250; 7. ACLU $50; 8. EJS Project $250; 9. CLASS $250 10. AZUL $200; 11. Shriners Hospital of Erie $6000; 12. VMCE $3000; 13. Erie City Moms $1500; 14. Erie Free Store $500; 15. Alliance of Women Executives $250; 16. Village of Wellington $575;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges, Business Reimbursement, Insurance, Licenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Unrestricted - $17,780, Temporarily restricted - $108,206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Credit Cards and Payables
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0The filing is late due to the issues stated below: 1. Staff Medical Issue: One of the key staff members responsible for preparing and reviewing financial documents has experienced significant medical issues, which have slowed down our ability to complete the necessary work on time. While the organization has made every effort to continue our operations, this unforeseen medical situation has affected the timeliness of our financial reporting. 2. Recent Hurricanes in Florida: In addition to the medical issue, the recent hurricanes in Florida have caused widespread disruptions to operations. The impact of the storms has further compounded the challenges this organization has faced in completing its filing.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffrey Fromknecht
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & Managing Attorney
ReturnHeader/BusinessOfficerGrp/PhoneNum08145207544
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIDE PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0SIDE
ReturnHeader/Filer/EIN0460769403
ReturnHeader/Filer/PhoneNum08003305807
ReturnHeader/Filer/USAddress/AddressLine1Txt02635 OLD OKEECHOBEE ROAD
ReturnHeader/Filer/USAddress/CityNm0WEST PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033409
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460769403
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Side Project Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02625 Old Okeechobee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Palm Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033414
ReturnHeader/PreparerPersonGrp/PhoneNum08145207544
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey Fromknecht
ReturnHeader/ReturnTs02025-01-24T11:08:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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