Civic Intelligence

The Situation Project Inc

EIN 47-1763811 • 501(c)3 • New York, NY

Profile

Promote awareness and appreciation of arts and theatre with individuals of schools and community-based organizations (including those of limited financial means)

469 Seventh AveNew York, NY 10018

www.situation project.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.69x

Higher debt load relative to assets than 89% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.84x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-22%

Higher net margin than 16% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A20 • <$500k nonprofits • Source year 2024

Asset Growth

54th percentile

4.3%

Faster asset growth than 54% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-68%

Faster revenue growth than 10% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$193,190

Up $7,931 (+4.3%) from 2023

Liabilities

Up

$133,576

Up $42,761 (+47%) from 2023

Net Assets

Down

$59,614

Down $34,830 (-37%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin16th percentile

Revenue

Down

$158,086

Down $337,186 (-68%) from 2023

Expenses

Down

$192,916

Down $258,156 (-57%) from 2023

Net Income

Down

-$34,830

Down $79,030 (-179%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2024

Assets$193,190
Liabilities$133,576
Net Assets$59,614
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest 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

2024

Revenue$158,086
Expenses$192,916
Net Income-$34,830
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$193,190
Liabilities
$133,576
Net assets
$59,614
Revenue
$158,086
Expenses
$192,916
Net income
-$34,830
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
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$158,086
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$50,405
Compensation and Service Providers
Top Officer Pay80th 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 SEVENTH AVE, NEW YORK, NY 10018

Signing Officer

Name
Damian Bazadona
Title
President
Phone
2129823192
Signed
2025-10-30
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: 2,975. Description: tickets for shows. Amount: 50,404. Description: supplies. Amount: 937. Total to form 990-ez, line 16: 54,316.”

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

“Description: receivables. Beg. Of year amount: 24. End of year amount: 0.”

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

“Description: accounts payable. Beg. Of year amount: 45,300. End of year amount: 683. Description: due to situation marketing. Beg. Of year amount: 45,515. End of year amount: 132,893.”

Raw XML Appendix147 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08778295500
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARIA MARTINEZ
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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.
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0133576
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CORPORATE EXP. AMOUNT: 2,975. DESCRIPTION: TICKETS FOR SHOWS. AMOUNT: 50,404. DESCRIPTION: SUPPLIES. AMOUNT: 937. TOTAL TO FORM 990-EZ, LINE 16: 54,316.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RECEIVABLES. BEG. OF YEAR AMOUNT: 24. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 45,300. END OF YEAR AMOUNT: 683. DESCRIPTION: DUE TO SITUATION MARKETING. BEG. OF YEAR AMOUNT: 45,515. END OF YEAR AMOUNT: 132,893.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAMIAN BAZADONA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129823192
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SITUATION PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0SITU
ReturnHeader/Filer/EIN0471763811
ReturnHeader/Filer/PhoneNum08778295500
ReturnHeader/Filer/USAddress/AddressLine1Txt0469 SEVENTH AVE
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0450 SEVENTH AVENUE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02122442112
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD STERN
ReturnHeader/ReturnTs02025-11-05T15:28:01-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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