Civic Intelligence

Arizona Blockchain Initiative

EIN 82-4105513 • 501(c)3 • Phoenix, AZ

Profile

The Arizona Blockchain Initiative is a Tech-Ed Nonprofit focused on the social impact of decentralized technology, empowering adults by delivering access to knowledge and opportunities.

515 E Grant St Ste 150Phoenix, AZ 85004-2750
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M 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

$503,840

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$503,840

No earlier filing loaded for comparison.

Revenue

$505,643

No earlier filing loaded for comparison.

Expenses

$5,643

No earlier filing loaded for comparison.

Net Income

$500,000

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $503,840Liabilities 2019: $0Net Assets 2019: $503,8402019

Highlighted filing

2019

Assets$503,840
Liabilities$0
Net Assets$503,840

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2019: $505,643Expenses 2019: $5,643Net Income 2019: $500,0002019

Highlighted filing

2019

Revenue$505,643
Expenses$5,643
Net Income$500,000

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$5.04$0.00$5.04$5.06$0.06$5.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$505,643
Mission and Program Overview

Mission

The Arizona Blockchain Initiative is a Tech-Ed Nonprofit focused on the social impact of decentralized technology, empowering adults by delivering access to knowledge and opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$500,000▲ $500,000
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,840$503,840▲ $500,000
Other Assets Total$3,840$3,840→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$500,000▲ $500,000
Net Assets Without Donor Restrictions$3,840$3,840→ $0
Total Net Assets Fund Balance$3,840$503,840▲ $500,000
Total Liabilities and Net Assets / Fund Balance$3,840$503,840▲ $500,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christina EichelkrautDirector of Communications
Matthew MarquezChief Strategy Officer
Melissa P ArmasCo-founder - CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$505,643
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,643
Change in Net Assets
$500,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,643
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$0$2,652$0$2,652
Occupancy$0$2,241$0$2,241
Insurance$0$750$0$750
Total Functional Expenses$0$5,643$0$5,643
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 8B

Notes are taken at meetings, and emailed. We do not have committees.

Part VI, Section B, Line 11B

The docs are saved in a shared and secured drive.

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Arizona Blockchain Initiative
EIN
82-4105513
In Care Of
% Melissa Portocarrero Armas
Phone
4807343125
Address
515 E GRANT ST STE 150, PHOENIX, AZ 85004-2750

Signing Officer

Name
Melissa P Armas
Title
CEO
Phone
4808454020
Signed
2020-11-15
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
8
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Notes are taken at meetings, and emailed. We do not have committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The docs are saved in a shared and secured drive.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section C, Line 19
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IRS990/USAddress/AddressLine2Txt0Suite 150
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Melissa P Armas
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04808454020
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIZONA BLOCKCHAIN INITIATIVE

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