Civic Intelligence

Gaspee Project Inc

990EZ • Fiscal year 2021 • EIN 47-1847709

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

Organization ProfileWWW.GASPEEPROJECT.COM
PO Box 10212Cranston, RI 02910

(401) 524-2340

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

21st percentile

-17%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

14th percentile

-23%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

10th percentile

-66%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$47,478

Down $31,626 (-40%) from 2019

Net Assets

$47,478

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin21st percentile

Revenue

Down

$10,690

Down $84,356 (-89%) from 2019

Expenses

Down

$12,478

Down $21,559 (-63%) from 2019

Net Income

Down

-$1,788

Down $62,797 (-103%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$80K$60K$40K$20K$0Assets 2015: $42,750Liabilities 2015: $02015Assets 2016: $36,197Liabilities 2016: $02016Assets 2017: $38,639Liabilities 2017: $02017Assets 2018: $16,895Liabilities 2018: $02018Assets 2019: $79,104Liabilities 2019: $02019Assets 2021: $47,478Liabilities 2021: $0Net Assets 2021: $47,4782021

Highlighted filing

2021

Assets$47,478
Liabilities$0
Net Assets$47,478
Open 2021 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $64,091Expenses 2015: $21,341Net Income 2015: $42,7502015Revenue 2016: $93,733Expenses 2016: $101,476Net Income 2016: -$7,7432016Revenue 2017: $25,458Expenses 2017: $21,255Net Income 2017: $4,2032017Revenue 2018: $44,863Expenses 2018: $62,954Net Income 2018: -$18,0912018Revenue 2019: $95,046Expenses 2019: $34,037Net Income 2019: $61,0092019Revenue 2021: $10,690Expenses 2021: $12,478Net Income 2021: -$1,7882021

Highlighted filing

2021

Revenue$10,690
Expenses$12,478
Net Income-$1,788
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$10,690
Mission and Program Overview

Mission

Advocate for free markets

Program Services

DescriptionGrantsExpenses
ACTIVITY THIS PERIOD CONCENTRATED ON PROVIDING GUIDANCE AND RESOURCES TO ASSIST NEW INDEPENDENT CITIZENS ACTION GROUPS RESPONDING TO LOCAL SCHOOL BOARD ISSUES AND INITATIVES-$8,136
UTILIZED VIRTUAL COMMUNICATIONS TOOLS TO CONTINUE TO RAISE AWARENESS OF BARRIERS TO ENTRY FOR SMALL BUSINESS RELATING FROM THE STATES GENERALLY UNFRIENDLY BUSINESS CLIMATE-$477
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAY JOHNSONPresidentPT$0--
JAY F JACOTSecretarytreasurer-$0--
JOHN NIEWECKIDirector-$0--
JIM HACKETTDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Gaspee Project Inc
EIN
47-1847709
Address
PO BOX 10212, Cranston, RI 02910

Signing Officer

Name
Jay F Jacot
Title
Secretarytreas
Phone
4015242340
Signed
2022-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Orlando and Company
Address
2221 Commodore Perry Hwy, Wakefield, RI 02879-3940
Preparer
Joseph L Orlando
Phone
4014862200
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountINSURANCE 1,850FINANCE CHARGES 301DIRECT ADVOCACY 2,692INDEPENDANT EXPENDITURES 1,610OPERATIONS 708”

Description of other assets Part II line 24

“Category Beginning of Year End of YearREPRESENTS UNDEPOSITED FUNDS 1,353 661”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCREDIT CARDS, OTHER LIABIITIES 17 0”

Raw XML Appendix148 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/BooksInCareOfDetail/PhoneNum04015242340
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Villa Park
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CLAY JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAY F JACOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN NIEWECKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM HACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARYTREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01353
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0661
IRS990EZ/OtherExpensesTotalAmt07161
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ADVOCATE FOR FREE MARKETS
IRS990EZ/PrintingPublicationsPostageAmt0517
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ACTIVITY THIS PERIOD CONCENTRATED ON PROVIDING GUIDANCE AND RESOURCES TO ASSIST NEW INDEPENDENT CITIZENS ACTION GROUPS RESPONDING TO LOCAL SCHOOL BOARD ISSUES AND INITATIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1UTILIZED VIRTUAL COMMUNICATIONS TOOLS TO CONTINUE TO RAISE AWARENESS OF BARRIERS TO ENTRY FOR SMALL BUSINESS RELATING FROM THE STATES GENERALLY UNFRIENDLY BUSINESS CLIMATE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08136
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1477
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt017
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012478
IRS990EZ/TotalProgramServiceExpensesAmt08613
IRS990EZ/TotalRevenueAmt010690
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GASPEEPROJECT.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010690
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044858
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt095049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt044883
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt025458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0220938
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0220938
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt095049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt044883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt025458
IRS990ScheduleA/Total509Grp/TotalAmt0220938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010690
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt095049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt044883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt025458
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0220938
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINSURANCE 1,850FINANCE CHARGES 301DIRECT ADVOCACY 2,692INDEPENDANT EXPENDITURES 1,610OPERATIONS 708
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearREPRESENTS UNDEPOSITED FUNDS 1,353 661
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCREDIT CARDS, OTHER LIABIITIES 17 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAY F JACOT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARYTREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum04015242340
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GASPEE PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0GASP
ReturnHeader/Filer/EIN0471847709
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10212
ReturnHeader/Filer/USAddress/CityNm0Cranston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Orlando and Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 Commodore Perry Hwy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wakefield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0028793940
ReturnHeader/PreparerPersonGrp/PhoneNum04014862200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph L Orlando
ReturnHeader/ReturnTs02022-11-16T09:50:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JACOT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,478
Liabilities
$0
Net assets
$47,478
Revenue
$10,690
Expenses
$12,478
Net income
-$1,788
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.11$0.12$0.02
2019Summary only. Only limited summary data is available for this year.$0.79$0.00$0.95$0.34$0.61
2018Summary only. Only limited summary data is available for this year.$0.17$0.00$0.45$0.63$0.18
2017Summary only. Only limited summary data is available for this year.$0.39$0.00$0.25$0.21$0.04
2016Summary only. Only limited summary data is available for this year.$0.36$0.00$0.94$1.01$0.08
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$0.64$0.21$0.43