Civic Intelligence

Situation Project Inc.

990EZ • Fiscal year 2022 • EIN 47-1763811

Jan 01, 2022 to Dec 31, 2022 • Filed on May 04, 2023

Organization ProfileWWW.SITUATION PROJECT.ORG
469 7th AveNew York, NY 10018

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.62x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

1.74x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Net Margin

9th percentile

-56%

Higher net margin than 9% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Asset Growth

65th percentile

16%

Faster asset growth than 65% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-26%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$132,684

Up $17,869 (+16%) from 2021

Net Assets

Down

$50,244

Down $26,328 (-34%) from 2021

Liabilities

Up

$82,440

Up $44,197 (+116%) from 2021

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin9th percentile

Revenue

Down

$47,394

Down $16,952 (-26%) from 2021

Expenses

Up

$73,722

Up $5,557 (+8.2%) from 2021

Net Income

Down

-$26,328

Down $22,509 (-589%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$200K$150K$100K$50K$0Assets 2017: $51,126Liabilities 2017: $3,274Net Assets 2017: $47,8522017Assets 2018: $113,603Liabilities 2018: $30,059Net Assets 2018: $83,5442018Assets 2019: $138,776Liabilities 2019: $24,389Net Assets 2019: $114,3872019Assets 2020: $117,831Liabilities 2020: $37,440Net Assets 2020: $80,3912020Assets 2021: $114,815Liabilities 2021: $38,243Net Assets 2021: $76,5722021Assets 2022: $132,684Liabilities 2022: $82,440Net Assets 2022: $50,2442022Assets 2023: $185,259Liabilities 2023: $90,815Net Assets 2023: $94,4442023Assets 2024: $193,190Liabilities 2024: $133,576Net Assets 2024: $59,6142024

Highlighted filing

2022

Assets$132,684
Liabilities$82,440
Net Assets$50,244
Open 2022 Filing

Operations Trend

Revenue Growth27th percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $101,017Expenses 2017: $77,594Net Income 2017: $23,4232017Revenue 2018: $112,570Expenses 2018: $76,878Net Income 2018: $35,6922018Revenue 2019: $90,332Expenses 2019: $59,489Net Income 2019: $30,8432019Revenue 2020: $14,286Expenses 2020: $48,282Net Income 2020: -$33,9962020Revenue 2021: $64,346Expenses 2021: $68,165Net Income 2021: -$3,8192021Revenue 2022: $47,394Expenses 2022: $73,722Net Income 2022: -$26,3282022Revenue 2023: $495,272Expenses 2023: $451,072Net Income 2023: $44,2002023Revenue 2024: $158,086Expenses 2024: $192,916Net Income 2024: -$34,8302024

Highlighted filing

2022

Revenue$47,394
Expenses$73,722
Net Income-$26,328
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$47,394
Mission and Program Overview

Mission

The objects and purposes of the corportation shall be to work with schools, community based organizations, local governments, municipalities, and the community at large to provide access and exposure to, as well as promote awareness and appreciation of, theater, music, dance, film, art, sports and/or other cultural events to students and individuals (including those of limited financial means). Additionally, it shall be to enhance and promote the development of talent in theater, music, dance, film, art, sports, and/or other cultural areas.

Program Services

DescriptionGrantsExpenses
PROMOTE AWARENESS AND APPRECIATION OF ARTS AND THEATRE WITH INDIVIDUALS OF SCHOOLS AND COMMUMITY BASED ORGANIZATIONS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS)$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAMIAN BAZADONAMember-$0--
JORDAN PERSONMember-$0--
MARIA MARTINEZMember-$0--
Filing and Contact Details

Filer

Filer Name
The Situation Project Inc
EIN
47-1763811
Phone
8778295500
Address
469 7TH AVE, NEW YORK, NY 10018

Signing Officer

Name
Damian Bazadona
Title
President
Phone
2129823192
Signed
2023-05-04
Discuss with paid preparer
Yes

Preparer

Firm
BLOOM HOCHBERG & CO PC CPA'S
Address
450 SEVENTH AVENUE, NEW YORK, NY 10123
Preparer
Richard Stern
Phone
2122442112
Supplemental Narrative

Additional Explanations

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

“Description: corporate exp. Amount: 37,240. Description: tickets for shows. Amount: 35,950. Description: supplies. Amount: 532. Total to form 990-ez, line 16: 73,722.”

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

“Description: receivables. Beg. Of year amount: 3,376. End of year amount: 35,665.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 38,243. End of year amount: 82,440.”

Raw XML Appendix143 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARIA MARTINEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum08778295500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0469 7TH AVE NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAMIAN BAZADONA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JORDAN PERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARIA MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt073722
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE OBJECTS AND PURPOSES OF THE CORPORTATION SHALL BE TO WORK WITH SCHOOLS, COMMUNITY BASED ORGANIZATIONS, LOCAL GOVERNMENTS, MUNICIPALITIES, AND THE COMMUNITY AT LARGE TO PROVIDE ACCESS AND EXPOSURE TO, AS WELL AS PROMOTE AWARENESS AND APPRECIATION OF, THEATER, MUSIC, DANCE, FILM, ART, SPORTS AND/OR OTHER CULTURAL EVENTS TO STUDENTS AND INDIVIDUALS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS). ADDITIONALLY, IT SHALL BE TO ENHANCE AND PROMOTE THE DEVELOPMENT OF TALENT IN THEATER, MUSIC, DANCE, FILM, ART, SPORTS, AND/OR OTHER CULTURAL AREAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE AWARENESS AND APPRECIATION OF ARTS AND THEATRE WITH INDIVIDUALS OF SCHOOLS AND COMMUMITY BASED ORGANIZATIONS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt082440
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SITUATION PROJECT.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt064346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt014286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt090343
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112570
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0328939
IRS990ScheduleA/TotalSupportAmt0328939
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CORPORATE EXP. AMOUNT: 37,240. DESCRIPTION: TICKETS FOR SHOWS. AMOUNT: 35,950. DESCRIPTION: SUPPLIES. AMOUNT: 532. TOTAL TO FORM 990-EZ, LINE 16: 73,722.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RECEIVABLES. BEG. OF YEAR AMOUNT: 3,376. END OF YEAR AMOUNT: 35,665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 38,243. END OF YEAR AMOUNT: 82,440.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAMIAN BAZADONA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129823192
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SITUATION PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0SITU
ReturnHeader/Filer/EIN0471763811
ReturnHeader/Filer/PhoneNum08778295500
ReturnHeader/Filer/USAddress/AddressLine1Txt0469 7TH AVE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133016202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLOOM HOCHBERG & CO PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0450 SEVENTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010123
ReturnHeader/PreparerPersonGrp/PhoneNum02122442112
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD STERN
ReturnHeader/ReturnTs02023-05-12T13:17:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAMIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BAZADONA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,684
Liabilities
$82,440
Net assets
$50,244
Revenue
$47,394
Expenses
$73,722
Net income
-$26,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.93$1.34$0.60$1.58$1.93$0.35
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.91$0.94$4.95$4.51$0.44
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.82$0.50$0.47$0.74$0.26
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.38$0.77$0.64$0.68$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.37$0.80$0.14$0.48$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.24$1.14$0.90$0.59$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.14$0.30$0.84$1.13$0.77$0.36
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.03$0.48$1.01$0.78$0.23