Civic Intelligence

Project Chimps

990 • Fiscal year 2015 • EIN 47-1439557

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 15, 2016

PO Box 2140Blue Ridge, GA 30513

(706) 851-8170

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$308,521

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$3,616,505

No earlier filing loaded for comparison.

Net Assets

$3,614,809

No earlier filing loaded for comparison.

Liabilities

$1,696

No earlier filing loaded for comparison.

Revenue

$3,709,661

No earlier filing loaded for comparison.

Expenses

$106,690

No earlier filing loaded for comparison.

Net Income

$3,602,971

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $3,616,505Liabilities 2015: $1,696Net Assets 2015: $3,614,8092015Assets 2016: $3,574,304Liabilities 2016: $69,480Net Assets 2016: $3,504,8242016Assets 2017: $4,462,138Liabilities 2017: $39,399Net Assets 2017: $4,422,7392017Assets 2018: $6,157,889Liabilities 2018: $435,610Net Assets 2018: $5,722,2792018Assets 2019: $7,055,533Liabilities 2019: $909,978Net Assets 2019: $6,145,5552019Assets 2020: $6,421,733Liabilities 2020: $133,362Net Assets 2020: $6,288,3712020Assets 2021: $6,265,775Liabilities 2021: $171,796Net Assets 2021: $6,093,9792021Assets 2022: $11,462,552Liabilities 2022: $4,675,256Net Assets 2022: $6,787,2962022Assets 2023: $13,324,811Liabilities 2023: $4,600,420Net Assets 2023: $8,724,3912023Assets 2024: $14,397,572Liabilities 2024: $4,312,423Net Assets 2024: $10,085,1492024

Highlighted filing

2015

Assets$3,616,505
Liabilities$1,696
Net Assets$3,614,809

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $3,709,661Expenses 2015: $106,690Net Income 2015: $3,602,9712015Revenue 2016: $1,250,094Expenses 2016: $1,360,079Net Income 2016: -$109,9852016Revenue 2017: $2,358,514Expenses 2017: $1,440,599Net Income 2017: $917,9152017Revenue 2018: $3,114,082Expenses 2018: $1,814,542Net Income 2018: $1,299,5402018Revenue 2019: $2,771,745Expenses 2019: $2,348,469Net Income 2019: $423,2762019Revenue 2020: $2,622,658Expenses 2020: $2,479,842Net Income 2020: $142,8162020Revenue 2021: $2,701,004Expenses 2021: $2,895,396Net Income 2021: -$194,3922021Revenue 2022: $3,490,844Expenses 2022: $2,838,442Net Income 2022: $652,4022022Revenue 2023: $5,353,987Expenses 2023: $3,489,683Net Income 2023: $1,864,3042023Revenue 2024: $5,388,549Expenses 2024: $4,143,793Net Income 2024: $1,244,7562024

Highlighted filing

2015

Revenue$3,709,661
Expenses$106,690
Net Income$3,602,971
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 15, 2016
Return Version
2015v2.1
Gross Receipts
$3,709,661
Mission and Program Overview

Mission

Project chimps was founded to provide lifetime care to former research chimpanzees at its sanctuary on 231 acres of forested land in north georgia

To end the use of chimpanzees in invasive biomedical research through advocacy and collaboration, and provide lifetime sanctuary care to chimpanzees in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$1,575,157-
Pledges and Grants Receivable-$1,417,930-
Cash and Non-Interest-Bearing Accounts$11,838$369,869▲ $358,031
Savings and Temporary Cash Investments-$253,549-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Total Assets$11,838$3,616,505▲ $3,604,667
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses-$1,696-
Other Liabilities$0$0→ $0
Total Liabilities$0$1,696▲ $1,696
Net Assets / Fund Balance
Unrestricted Net Assets$11,838$3,614,809▲ $3,602,971
Total Net Assets Fund Balance$11,838$3,614,809▲ $3,602,971
Total Liabilities and Net Assets / Fund Balance$11,838$3,616,505▲ $3,604,667

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,106,069-$1,106,069
Buildings$469,088-$469,088
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-CEO and PresidentFT$63,333$63,333

Board Members and Trustees

NameTitle
-Board Chair and Secretary
-Director
-Director and Treasurer
-Assistant Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,709,624
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$33
All Other Contributions
$1,209,624
Change in Net Assets
$3,602,971

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other14$469,088Market value
Total Noncash Contributions14$469,088-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,709,661
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$179,846
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$3,889,507
Total Revenue per Form 990
$3,709,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$68,582
Other Expenses$38,108
Total Fundraising Expense$280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$63,333--$63,333
Travel$11,894--$11,894
Fees for Services Other$5,625$0$0$5,625
Payroll Taxes$2,631--$2,631
Other Salaries and Wages$2,618--$2,618
Office Expenses$2,108$501-$2,609
Occupancy$1,675--$1,675
Insurance$1,503--$1,503
Conferences and Meetings$625--$625
Other Expenses$6,900-$280$280
Total Functional Expenses$105,909$501$280$106,690

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$286,536
Expenses Not Reported on Form 990$179,846
Expenses per Audited Statements$106,690
Total Expenses per Form 990$106,690
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
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
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
Audit committee
Yes
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

G. Thomas Waite, Ben Callison, Kathleen Conlee, Andrew Rowan, Eric Bernthal, Marsha Perelman - Business relationship, Billie Joe Armstrong, Adrienne Armstrong - Family relationship

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

The PC Board has no committees.

Form 990, Part VI, Line 11B Review of form 990 by governing body

After internal accounting staff drafts the 990, the draft is submitted to PC's independent tax preparers for their review and revision, as may be appropriate. The revised draft is then given to PC's treasurer for further review. Once all staff and professional reviews/revisions are done, the Treasurer sends the proposed final of the form 990 to the PC board for its consideration. Once the board has had an opportunity to review and comment, the finalized version is filed with the IRS.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation of the CEO and President is decided by vote of the Board of Directors after review of comparable salaries in the field. The CEO and President was the only employee in 2015, and abstained from discussion and vote on their salary. The process was most recently reviewed in 2015.

Form 990, Part VI, Line 19 Required documents available to the public

PC makes its governing documents and financial statements available to the public upon request. PC does not have a conflict of interest policy, but is drafting one for next year.

Filing and Contact Details

Filer

Filer Name
Project Chimps
EIN
47-1439557
Phone
7068518170
Address
PO Box 2140, Blue Ridge, GA 30513

Signing Officer

Name
Sarah Baeckler Davis
Title
CEO and President
Signed
2016-07-15
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
6
Employees
1
Volunteers
10

Preparer

Firm
Bdo USA Llp
Address
8401 Greensboro Drive - Suite 800, McLean, VA 22102
Preparer
Marc R Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C Audit Oversight

The humane society of the united states (hsus), through its audit committee, provides oversight of the audit of the financial statements (which includes project chimps) and selection of an independent accountant (appointed by the audit committee of hsus) that audited the financial statements.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The following footnote is from the audited consolidated financial statements of Project Chimps (PC) related organization, The Humane Society of the United States and affiliates (the Society): HSUS (Humane Society of the United States), FFA (Fund for Animals), HSI (Humane Society International), HSU (Humane Society University), HSVMA (Humane Society Veterinary Medical Association), SFWC (South Florida Wildlife Center, Inc.), HSWLT (Humane Society Wildlife Land Trust), and PC qualify under Section 501(c)(3) of the Internal Revenue Code (IRC) and are classified as organizations that are not private foundations. DDAL (Doris Day Animal League) qualified under Section 501(c)(4) of the IRC. Therefore, the Society is generally not subject to tax under present income tax laws; however, any unrelated business income may be subject to Federal and State income taxes. The Society had no net unrelated business income for the year ended December 31, 2015. Management evaluated the Society's tax positions and concluded that the Society had taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. Generally, the Society is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2012.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The following footnote is from the audited consolidated financial statements of Project Chimps (PC) related organization, The Humane Society of the United States and affiliates (the Society): HSUS (Humane Society of the United States), FFA (Fund for Animals), HSI (Humane Society International), HSU (Humane Society University), HSVMA (Humane Society Veterinary Medical Association), SFWC (South Florida Wildlife Center, Inc.), HSWLT (Humane Society Wildlife Land Trust), and PC qualify under Section 501(c)(3) of the Internal Revenue Code (IRC) and are classified as organizations that are not private foundations. DDAL (Doris Day Animal League) qualified under Section 501(c)(4) of the IRC. Therefore, the Society is generally not subject to tax under present income tax laws; however, any unrelated business income may be subject to Federal and State income taxes. The Society had no net unrelated business income for the year ended December 31, 2015. Management evaluated the Society's tax positions and concluded that the Society had taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. Generally, the Society is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0ANDREW ROWAN PhD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt1G THOMAS WAITE III
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