Civic Intelligence

The Elease Project Inc.

990EZ • Fiscal year 2019 • EIN 82-0698454

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 30, 2020

101 Creekside Crossing Ste1700 Box2Brentwood, TN 37027

(615) 579-1745

Siviq Scores

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

Liabilities / Assets

95th percentile

1.09x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

3.08x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

5th percentile

-96%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$100,577

No earlier filing loaded for comparison.

Net Assets

-$9,423

No earlier filing loaded for comparison.

Liabilities

$110,000

No earlier filing loaded for comparison.

Revenue

$35,678

No earlier filing loaded for comparison.

Expenses

$69,925

No earlier filing loaded for comparison.

Net Income

-$34,247

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.

$150K$100K$50K$0-$50KAssets 2019: $100,577Liabilities 2019: $110,000Net Assets 2019: -$9,4232019Assets 2023: $372Net Assets 2023: $3722023

Highlighted filing

2019

Assets$100,577
Liabilities$110,000
Net Assets-$9,423

Operations Trend

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

$100K$50K$0-$50KRevenue 2019: $35,678Expenses 2019: $69,925Net Income 2019: -$34,2472019Revenue 2023: $72,543Expenses 2023: $72,171Net Income 2023: $3722023

Highlighted filing

2019

Revenue$35,678
Expenses$69,925
Net Income-$34,247
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 30, 2020
Return Version
2019v5.1
Gross Receipts
$35,678
Mission and Program Overview

Mission

To assist various charitable needs for individuals

Program Services

DescriptionGrantsExpenses
Program Expenses Funds used to assist individuals with immediate needs to stop foreclosures, utility termination, and other needs-$28,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH W HATCHETTChairman Of Board And CEOPT$0--
JEROME MARQUARDTChief Operations OfficerPT$0--
HARRY P LAYChief Financial OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
The Elease Project Inc
EIN
82-0698454
Address
101 CREEKSIDE CROSSING STE1700 BOX2, BRENTWOOD, TN 37027

Signing Officer

Name
Keith Hatchett
Title
President
Phone
6155791745
Signed
2020-06-30

Preparer

Firm
Carolann Taoukhi Ea
Address
3614 WEST 12TH ST, ERIE, PA 16505
Preparer
Carolann Taoukhi Ea
Phone
8148333232
Supplemental Narrative

Additional Explanations

990-EZ, Part I, Line 16

Business Registration Fees $ 7,057.00 Advertising & Sponsorship 27,508.00 Bank Fees 483.00 Meals & Entertainment 70.00

990-EZ, Part I, Line 16

Web Domain 78.00 Vehicle Expenses 1,508.00 Travel & Meetings 1,595.00 Program Expenses 28,125.00

990-EZ, Part II, Line 24

AdoptionPal, LLC 10,000.00 AthletePal, LLC 10,000.00 DentalPal, LLC 10,000.00 ForeclosurePal, LLC 10,000.00

990-EZ, Part II, Line 24

ImmigrationPal, LLC 10,000.00 MedicalPal, LLC 10,000.00 MissionaryPal, LLC 10,000.00 MissionPal, LLC 10,000.00

990-EZ, Part II, Line 24

PovertyPal, LLC 10,000.00 PrisonPal, LLC 10,000.00

990-EZ, Part II, Line 26

Note Payable - KWH 110,000.00

Raw XML Appendix164 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CAROLANN TAOUKHI EA
IRS990EZ/BooksInCareOfDetail/PhoneNum06155791745
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03614 WEST 12TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ERIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd016505
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0373
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0577
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt035678
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-34247
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03321
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100373
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0100577
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt035678
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LoansToFromOfficersAmt0110000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024824
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9423
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024824
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9423
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEITH W HATCHETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEROME MARQUARDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HARRY P LAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN OF BOARD AND CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHIEF OPERATIONS OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHIEF FINANCIAL OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0100000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0100000
IRS990EZ/OtherExpensesTotalAmt066423
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST VARIOUS CHARITABLE NEEDS FOR INDIVIDUALS
IRS990EZ/PrintingPublicationsPostageAmt0181
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Program Expenses Funds used to assist individuals with immediate needs to stop foreclosures, utility termination, and other needs
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028125
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialConditionDesc0THE ELEASE PROJECT INC
IRS990EZ/SpecialConditionDesc182-0698454
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt075549
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0110000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069925
IRS990EZ/TotalProgramServiceExpensesAmt028125
IRS990EZ/TotalRevenueAmt035678
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035678
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt036678
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt035678
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt036678
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt036678
IRS990ScheduleA/PublicSupportTotal509Amt036678
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt035678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/Total509Grp/TotalAmt036678
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035678
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt036678
IRS990ScheduleA/TotalSupportAmt036678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt035678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036678
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP CO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KEITH W HATCHETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Business Registration Fees $ 7,057.00 Advertising & Sponsorship 27,508.00 Bank Fees 483.00 Meals & Entertainment 70.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Web Domain 78.00 Vehicle Expenses 1,508.00 Travel & Meetings 1,595.00 Program Expenses 28,125.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AdoptionPal, LLC 10,000.00 AthletePal, LLC 10,000.00 DentalPal, LLC 10,000.00 ForeclosurePal, LLC 10,000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ImmigrationPal, LLC 10,000.00 MedicalPal, LLC 10,000.00 MissionaryPal, LLC 10,000.00 MissionPal, LLC 10,000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PovertyPal, LLC 10,000.00 PrisonPal, LLC 10,000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Note Payable - KWH 110,000.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990-EZ, Part II, Line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH HATCHETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06155791745
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ELEASE PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0ELEA
ReturnHeader/Filer/EIN0820698454
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 CREEKSIDE CROSSING STE1700 BOX2
ReturnHeader/Filer/USAddress/CityNm0BRENTWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037027
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E4A0A3288B412A8E88F05D7EFF9DE668E9C698D7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E4A0A3288B412A8E88F05D7EFF9DE668E9C698D7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.056.086.145
ReturnHeader/FilingSecurityInformation/IPDt02020-06-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:53:06
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260410062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAROLANN TAOUKHI EA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03614 WEST 12TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ERIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd016505
ReturnHeader/PreparerPersonGrp/PhoneNum08148333232
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLANN TAOUKHI EA
ReturnHeader/ReturnTs02020-06-30T13:52:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings