Civic Intelligence

Blockchain Acceleration Foundation

990EZ • Fiscal year 2022 • EIN 83-2816450

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 29, 2023

Organization Profilewww.blockchainacceleration.org
4607 Lakeview Canyon RD 230Westlake Village, CA 91361

(805) 364-4460

Siviq Scores

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

Liabilities / Assets

81st percentile

0.12x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-33%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$40,355

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

7th percentile

-65%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-44%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$29,374

Down $55,448 (-65%) from 2021

Net Assets

Down

$25,892

Down $58,930 (-69%) from 2021

Liabilities

Up

$3,482

Up $3,482 from 2021

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin14th percentile

Revenue

Down

$132,976

Down $102,992 (-44%) from 2021

Expenses

Down

$177,503

Down $20,238 (-10%) from 2021

Net Income

Down

-$44,527

Down $82,754 (-216%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$100K$50K$0Assets 2020: $34,122Liabilities 2020: $0Net Assets 2020: $34,1222020Assets 2021: $84,822Liabilities 2021: $0Net Assets 2021: $84,8222021Assets 2022: $29,374Liabilities 2022: $3,482Net Assets 2022: $25,8922022Assets 2023: $6,320Liabilities 2023: $0Net Assets 2023: $6,3202023Assets 2024: $37,487Liabilities 2024: $37,487Net Assets 2024: $02024

Highlighted filing

2022

Assets$29,374
Liabilities$3,482
Net Assets$25,892
Open 2022 Filing

Operations Trend

Revenue Growth13th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $60,205Expenses 2020: $26,083Net Income 2020: $34,1222020Revenue 2021: $235,968Expenses 2021: $197,741Net Income 2021: $38,2272021Revenue 2022: $132,976Expenses 2022: $177,503Net Income 2022: -$44,5272022Revenue 2023: $149,255Expenses 2023: $174,928Net Income 2023: -$25,6732023Revenue 2024: $318,194Expenses 2024: $299,273Net Income 2024: $18,9212024

Highlighted filing

2022

Revenue$132,976
Expenses$177,503
Net Income-$44,527
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 29, 2023
Return Version
2022v5.0
Gross Receipts
$160,957
Mission and Program Overview

Mission

It is the mission of the Blockchain Acceleration Foundation to inspire the next generation of blockchain leaders through educational, research, and career opportunities. The organization works toward accomplishing its mission through a litany of programs, which include, but are not limited to education opportunities, workshops and hands-on learning experiences, career fairs, research, student collaboration, and public education.

Program Services

DescriptionGrantsExpenses
Crypto and club development-$119,042
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alexis de Landes de Saint PalaisSecretaryPT$40,355-$40,355
Cameron DennisPresident-$0--
John F Duston IVTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Blockchain Acceleration Foundation
EIN
83-2816450
Phone
8053644460
Address
4607 Lakeview Canyon RD 230, Westlake Village, CA 91361

Signing Officer

Name
John Duston
Title
Treasurer
Signed
2023-07-29
Discuss with paid preparer
Yes

Preparer

Firm
John F Duston IV
Address
1408 Olive Street, Santa Barbara, CA 93101
Preparer
John F Duston IV
Phone
3106838769
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1258”

Other Expenses.1002

“Office Expenses $10289”

Other Expenses.1005

“Travel $25959”

Other Expenses.1012

“Insurance $1168”

Other Expenses.1

“contractors $57629”

Other Expenses.2

“Prizes $5000”

Other Expenses.3

“Meals $2750”

Other Expenses.4

“Job Supplies $1982”

Other Expenses.5

“clubs related expenses $1349”

Other Expenses.6

“Bank Fees $663”

Other Expenses.7

“Payroll Processing $318”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3482”

Raw XML Appendix169 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Alexis de Landes de Saint Palais
IRS990EZ/BooksInCareOfDetail/PhoneNum08054226931
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06051 Hedgewall Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hedgewall Drive
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091362
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt084822
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029374
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0160957
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt027981
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-44527
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06635
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt084822
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029374
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-27981
IRS990EZ/GrossReceiptsAmt0160957
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084822
IRS990EZ/NetAssetsOrFundBalancesEOYAmt025892
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084822
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt025892
IRS990EZ/OccupancyRentUtltsAndMaintAmt07574
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt231.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt240355
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cameron Dennis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1John F Duston IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Alexis de Landes de Saint Palais
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-14403
IRS990EZ/OtherExpensesTotalAmt0108365
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0It is the mission of the Blockchain Acceleration Foundation to inspire the next generation of blockchain leaders through educational, research, and career opportunities. The organization works toward accomplishing its mission through a litany of programs, which include, but are not limited to education opportunities, workshops and hands-on learning experiences, career fairs, research, student collaboration, and public education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Crypto and club development
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119042
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt054929
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03482
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0177503
IRS990EZ/TotalProgramServiceExpensesAmt0119042
IRS990EZ/TotalRevenueAmt0132976
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.blockchainacceleration.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0160958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0239355
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0450550
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0450550
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0160958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0239355
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt050237
IRS990ScheduleA/Total509Grp/TotalAmt0450550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0160958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0239355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt050237
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0450550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $10289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $25959
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1168
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4contractors $57629
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prizes $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $2750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Job Supplies $1982
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8clubs related expenses $1349
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Fees $663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Processing $318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3482
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John Duston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-29
ReturnHeader/DisasterReliefTxt0Disaster Relief CA-2023-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Blockchain Acceleration Foundation
ReturnHeader/Filer/BusinessNameControlTxt0BLOC
ReturnHeader/Filer/EIN0832816450
ReturnHeader/Filer/PhoneNum08053644460
ReturnHeader/Filer/USAddress/AddressLine1Txt04607 Lakeview Canyon RD 230
ReturnHeader/Filer/USAddress/CityNm0Westlake Village
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091361
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0852895718
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John F Duston IV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01408 Olive Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Santa Barbara
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093101
ReturnHeader/PreparerPersonGrp/PhoneNum03106838769
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John F Duston IV
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-07-29T10:45:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0John
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Duston
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,374
Liabilities
$3,482
Net assets
$25,892
Revenue
$132,976
Expenses
$177,503
Net income
-$44,527
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.00$3.18$2.99$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.49$1.75$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.26$1.33$1.78$0.45
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$2.36$1.98$0.38
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.60$0.26$0.34