Civic Intelligence

Blockchain Association

EIN 83-1360900 • 501(c)6 • Washington, DC

Profile

To work with federal u.s.regulators to improve the public policy environment that is needed in order for the blockchain technology ecosystem to thrive.

Refreshing map…

1155 F Street NW STE 300Washington, DC 20004

theblockchainassociation.org

Siviq Scores

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

Liabilities / Assets

89th percentile

0.65x

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

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.87x

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

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

8th percentile

-17%

Higher net margin than 8% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

93rd percentile

38%

Faster asset growth than 93% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-2.6%

Faster revenue growth than 20% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$9,456,532

Up $2,588,071 (+38%) from 2023

Liabilities

Up

$6,191,502

Up $2,249,750 (+57%) from 2023

Net Assets

Up

$3,265,030

Up $338,321 (+12%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin8th percentile

Revenue

Down

$7,128,656

Down $193,673 (-2.6%) from 2023

Expenses

Up

$8,335,649

Up $418,091 (+5.3%) from 2023

Net Income

Down

-$1,206,993

Down $611,764 (-103%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$10M$5.0M$0Assets 2019: $3,348,309Liabilities 2019: $89,635Net Assets 2019: $3,258,6742019Assets 2020: $9,475,161Liabilities 2020: $58,781Net Assets 2020: $9,416,3802020Assets 2021: $7,759,201Liabilities 2021: $157,010Net Assets 2021: $7,602,1912021Assets 2022: $2,981,587Liabilities 2022: $1,109,408Net Assets 2022: $1,872,1792022Assets 2023: $6,868,461Liabilities 2023: $3,941,752Net Assets 2023: $2,926,7092023Assets 2024: $9,456,532Liabilities 2024: $6,191,502Net Assets 2024: $3,265,0302024

Highlighted filing

2024

Assets$9,456,532
Liabilities$6,191,502
Net Assets$3,265,030
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$10M$5.0M$0-$5.0MRevenue 2019: $4,372,037Expenses 2019: $1,508,138Net Income 2019: $2,863,8992019Revenue 2020: $2,105,158Expenses 2020: $1,742,089Net Income 2020: $363,0692020Revenue 2021: $6,786,090Expenses 2021: $4,902,127Net Income 2021: $1,883,9632021Revenue 2022: $6,999,721Expenses 2022: $9,246,095Net Income 2022: -$2,246,3742022Revenue 2023: $7,322,329Expenses 2023: $7,917,558Net Income 2023: -$595,2292023Revenue 2024: $7,128,656Expenses 2024: $8,335,649Net Income 2024: -$1,206,9932024

Highlighted filing

2024

Revenue$7,128,656
Expenses$8,335,649
Net Income-$1,206,993
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$9,456,532
Liabilities
$6,191,502
Net assets
$3,265,030
Revenue
$7,128,656
Expenses
$8,335,649
Net income
-$1,206,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$9.46$6.19$3.27$7.13$8.34$1.21
2023Summary only. Only limited summary data is available for this year.$6.87$3.94$2.93$7.32$7.92$0.60
2022Summary only. Only limited summary data is available for this year.$2.98$1.11$1.87$7.00$9.25$2.25
2021Summary only. Only limited summary data is available for this year.$7.76$0.16$7.60$6.79$4.90$1.88
2020Summary only. Only limited summary data is available for this year.$9.48$0.06$9.42$2.11$1.74$0.36
2019Summary only. Only limited summary data is available for this year.$3.35$0.09$3.26$4.37$1.51$2.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$7,128,656
Mission and Program Overview

Mission

To work with federal u.s. Regulators to improve the public policy environment that is needed in order for the blockchain technology ecosystem to thrive.

Our mission is to advance the future of crypto in the United States promoting the potential of blockchain technology and shaping policy that ensures its success

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,253,031$4,486,141▲ $1,233,110
Intangible Assets$3,071,901$4,019,845▲ $947,944
Rtn Earn Endowment Incm Other Fnds$2,926,709$3,265,030▲ $338,321
Cash and Non-Interest-Bearing Accounts$359,890$766,532▲ $406,642
Land, Buildings, and Equipment, Net$43,367$35,601▼ $7,766
Prepaid Expenses and Deferred Charges$11,758$19,899▲ $8,141
Total Assets$6,868,461$9,456,532▲ $2,588,071
Other Assets Total$128,514$128,514→ $0
Liabilities
Deferred Revenue$3,708,125$5,854,250▲ $2,146,125
Accounts Payable and Accrued Expenses$233,627$337,252▲ $103,625
Total Liabilities$3,941,752$6,191,502▲ $2,249,750
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,926,709$3,265,030▲ $338,321
Total Liabilities and Net Assets / Fund Balance$6,868,461$9,456,532▲ $2,588,071

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,601$29,731$65,332
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David GrimaldiEVP Govt RelationsFT$500,000$113,460$613,460
Kristin SmithCEOFT$500,000$93,975$593,975
Marisa CoppelPolicy CounselFT$349,135$79,864$428,999
Curtis KincaidEVP MarketingCommFT$314,711$82,200$396,911
Daniel SpullerDirector Industry AffairsFT$259,615$62,481$322,096
Cleve MesidorED Blockchain FoundFT$300,000$21,612$321,612

Board Members and Trustees

NameTitle
Bill HughesDirector
Jason SomensattoDirector
Julie StitzelDirector
Marco SantoriDirector
Marta BelcherDirector
Marvin AmmoriDirector
Seth HertleinDirector
Joshua RiveraDirectorTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Goldstein Policy SolutionsLobbyingpolicy1150 Connecticut Ave NW, Washington, DC 20036$210,000
Convenntus LLCStrategy consulting750 9th St NW Ste 650, Washington, DC 20001$145,942
Gibson Dunn & CrutcherLegalpolicy1700 M Street NW, Washington, DC 20036$119,922
The Woodrow Wilson CenterResearch white paper1300 Pennsylvania Ave NW, Washington, DC 20004$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,538,178
Program Service Revenue
$352,241
Investment Income
$129,829
Other Revenue
$108,408
All Other Contributions
$94,092
Change in Net Assets
$-1,206,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,269,206
Other Expenses$2,966,443
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$2,493,461
Other Salaries and Wages---$2,091,393
Conferences and Meetings---$709,911
Fees for Services Legal---$708,439
Occupancy---$488,898
Office Expenses---$312,708
Payroll Taxes---$276,014
Fees for Services Lobbying---$262,389
Other Employee Benefits---$237,716
Pension Plan Contributions---$170,622
Fees for Services Other---$146,793
Travel---$144,165
Grants to Domestic Orgs---$100,000
Fees for Services Accounting---$74,315
Insurance---$54,065
Advertising---$31,329
All Other Expenses---$19,435
Depreciation Depletion---$9,082
Information Technology---$4,914
Total Functional Expenses$0$0$0$8,335,649
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blockchain FoundationWashington, DC501c3General support$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$1,187,288
Total Nondeductible Lobbying and Political Cost$1,187,288
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI Line 6

“The organization has two classes of members in the corporation designated”

Part VI Line 6

“As executive members and associate members.”

Part VI Line 7A

“Directors will be elected by the members from among nominations made by the”

Part VI Line 7A

“MEMBERS.”

Part VI Line 11B

“An outside counsel will review the form 990 for the members.”

Part VI Line 12C

“Compliance with the conflict of interest policy is monitored at the annual”

Part VI Line 12C

“Board meeting and as new transactions that may present a conflict arise.”

Part VI Line 15A or B

“Executive director compensation is determined by a compensation committee”

Part VI Line 15A or B

“Consisting of two board members.”

Part VI Line 19

“The organization makes it governing documents, conflict of interest policy,”

Part VI Line 19

“And financial statements available to the public upon request.”

Part VI, Section A, Line 7B

“Members have the right to approve/decline decisions of the governing body”

Part VI, Section A, Line 7B

“Such as amendments to the certificate of incorporation or bylaws and”

Part VI, Section A, Line 7B

“The dissolution or winding up of the affairs of the corporation.”

Filing and Contact Details

Filer

Filer Name
Blockchain Association
EIN
83-1360900
In Care Of
% Joshua Rivera
Phone
2027152270
Address
1155 F Street NW STE 300, Washington, DC 20004

Signing Officer

Name
Joshua Rivera
Title
Treasurer
Phone
2027152270
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Summer Mersinger
Formed
2018
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Howard Sckolnik CPA
Address
8203 E Sierra Pinta Dr, Scottsdale, AZ 85255
Preparer
Howard Sckolnik
Phone
6025240974
Supplemental Narrative

Additional Explanations

Part V Line 2B

“The association utilizes a professional employer organization (peo).”

Part V Line 2B

“The peo is considered the employer of record, therefore form w-2s are”

Part V Line 2B

“Not issued by the blockchain association.”

Raw XML AppendixShowing 400 of 557 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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