Civic Intelligence

Decentralization Foundation

990EZ • Fiscal year 2021 • EIN 83-1507845

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 06, 2022

Organization ProfileD24N.ORG
4701 Patrick Henry Dr Building 25Santa Clara, CA 95054

(801) 369-4909

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

80%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

92nd percentile

137%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-95%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$97,275

Up $56,237 (+137%) from 2020

Net Assets

Up

$97,275

Up $56,237 (+137%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin95th percentile

Revenue

Down

$14,578

Down $286,196 (-95%) from 2020

Expenses

Down

$2,957

Down $282,961 (-99%) from 2020

Net Income

Down

$11,621

Down $3,235 (-22%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$100K$50K$0Assets 2020: $41,038Liabilities 2020: $0Net Assets 2020: $41,0382020Assets 2021: $97,275Liabilities 2021: $0Net Assets 2021: $97,2752021Assets 2022: $27,031Liabilities 2022: $0Net Assets 2022: $27,0312022

Highlighted filing

2021

Assets$97,275
Liabilities$0
Net Assets$97,275
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $300,774Expenses 2020: $285,918Net Income 2020: $14,8562020Revenue 2021: $14,578Expenses 2021: $2,957Net Income 2021: $11,6212021Revenue 2022: $0Expenses 2022: $19,787Net Income 2022: -$19,7872022

Highlighted filing

2021

Revenue$14,578
Expenses$2,957
Net Income$11,621
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 6, 2022
Return Version
2021v4.0
Gross Receipts
$18,808
Mission and Program Overview

Mission

The Decentralization Foundation seeks to support education and scientific research about decentralization of technology and to encourage public discourse regarding decentralization through providing educational tools and learning opportunities about decentralized technology, building the decentralization community to encourage public and informed discourse on developing technology, and funding relevant scientific research in order to make the scientific information publicly available.

Program Services

DescriptionGrantsExpenses
The foundation funds the Silicon Valley Ethereum Meetup and the Sacramento Smart Contracts Meetup by paying for meetup.com expenses$0$198
The foundation approved a grant to the University of Sao Paulo in Brazil in late 2021, but the grant was not funded until early 2022. See https://d24n.org/2022/01/25/grant-to-usp/$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christian PeelPresidentPT$0--
Elaine OuBoard Member-$0--
Steve WaldmanTreasurer, Secretary, And Director-$0--
Jeffrey FlowersVice President-$0--
Filing and Contact Details

Filer

Filer Name
Decentralization Foundation
EIN
83-1507845
Phone
8013694909
Address
4701 PATRICK HENRY DR BUILDING 25, SANTA CLARA, CA 95054

Signing Officer

Name
Christian Peel
Title
President
Phone
8013694909
Signed
2022-09-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Silicon Valley Ethereum and the Sac Smart Contracts meetups;198|Website;425|Brokerage fees;3^Total;626^”

Form 990-EZ, Part I, Line 20

“Other changes in net assets or fund balances (Part I, line 20): The foundation holds cryptocurrencies, Bitcoin (BTC) and Ether (ETH). In addition to realized gains of $14,578 on a sale of BTC, the foundation enjoyed unrealized gains representing $72 for its BTC and $44,565 for its ETH over the course of 2021. The sum of these unrealized valuation gains is $44,638. The foundation took an additional adjustment to reconcile its inventory of BTC with its brokerage account, amounting to -$22. Part I, line 20 is thus $44,638 - $22 = $44,616”

Form 990-EZ, Part II, Line 24

“Other assets (Part II, line 24) 15.1498 Ether was worth $55,791 on 12/31/2021. The other asset was .430 Bitcoin which was worth $19,911 on 12/31/2021.”

Raw XML Appendix163 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/OfficerDirectorTrusteeEmplGrp/PersonNm1Elaine Ou
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Steve Waldman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jeffrey Flowers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer, Secretary, and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt044616
IRS990EZ/OtherExpensesTotalAmt0626
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Decentralization Foundation seeks to support education and scientific research about decentralization of technology and to encourage public discourse regarding decentralization through providing educational tools and learning opportunities about decentralized technology, building the decentralization community to encourage public and informed discourse on developing technology, and funding relevant scientific research in order to make the scientific information publicly available.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The foundation funds the Silicon Valley Ethereum Meetup and the Sacramento Smart Contracts Meetup by paying for meetup.com expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The foundation approved a grant to the University of Sao Paulo in Brazil in late 2021, but the grant was not funded until early 2022. See https://d24n.org/2022/01/25/grant-to-usp/
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0198
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Silicon Valley Ethereum and the Sac Smart Contracts meetups;198|Website;425|Brokerage fees;3^Total;626^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other changes in net assets or fund balances (Part I, line 20): The foundation holds cryptocurrencies, Bitcoin (BTC) and Ether (ETH). In addition to realized gains of $14,578 on a sale of BTC, the foundation enjoyed unrealized gains representing $72 for its BTC and $44,565 for its ETH over the course of 2021. The sum of these unrealized valuation gains is $44,638. The foundation took an additional adjustment to reconcile its inventory of BTC with its brokerage account, amounting to -$22. Part I, line 20 is thus $44,638 - $22 = $44,616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other assets (Part II, line 24) 15.1498 Ether was worth $55,791 on 12/31/2021. The other asset was .430 Bitcoin which was worth $19,911 on 12/31/2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
ReasonableCauseExplanation/ExplanationTxt0we filed form 8868
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/Filer/BusinessNameControlTxt0DECE
ReturnHeader/Filer/EIN0831507845
ReturnHeader/Filer/PhoneNum08013694909
ReturnHeader/Filer/USAddress/AddressLine1Txt04701 PATRICK HENRY DR BUILDING 25
ReturnHeader/Filer/USAddress/CityNm0SANTA CLARA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095054
ReturnHeader/ReturnTs02022-09-06T18:41:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
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
$97,275
Liabilities
$0
Net assets
$97,275
Revenue
$14,578
Expenses
$2,957
Net income
$11,621
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.00$0.27$0.00$0.20$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.15$0.03$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$3.01$2.86$0.15