Civic Intelligence

Satoshi Action Fund

990 • Fiscal year 2022 • EIN 83-3502943

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1102 Van Buren AvenueOxford, MS 38655

(202) 288-5777

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.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

98th percentile

84%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

8896%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Up

$222,206

Up $219,736 (+8896%) from 2021

Net Assets

Up

$222,206

Up $219,736 (+8896%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$262,674

Up $262,674 from 2021

Expenses

Up

$42,938

Up $38,632 (+897%) from 2021

Net Income

Up

$219,736

Up $224,042 (+5203%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $43,245Liabilities 2019: $0Net Assets 2019: $43,2452019Assets 2020: $6,776Liabilities 2020: $0Net Assets 2020: $6,7762020Assets 2021: $2,470Liabilities 2021: $0Net Assets 2021: $2,4702021Assets 2022: $222,206Liabilities 2022: $0Net Assets 2022: $222,2062022Assets 2023: $97,034Liabilities 2023: $4,837Net Assets 2023: $92,1972023Assets 2024: $463,960Liabilities 2024: $70,112Net Assets 2024: $393,8482024

Highlighted filing

2022

Assets$222,206
Liabilities$0
Net Assets$222,206

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $228,306Expenses 2019: $185,061Net Income 2019: $43,2452019Revenue 2020: $105Expenses 2020: $36,574Net Income 2020: -$36,4692020Revenue 2021: $0Expenses 2021: $4,306Net Income 2021: -$4,3062021Revenue 2022: $262,674Expenses 2022: $42,938Net Income 2022: $219,7362022Revenue 2023: $325,657Expenses 2023: $474,289Net Income 2023: -$148,6322023Revenue 2024: $1,300,122Expenses 2024: $998,471Net Income 2024: $301,6512024

Highlighted filing

2022

Revenue$262,674
Expenses$42,938
Net Income$219,736
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$262,674
Mission and Program Overview

Mission

Energy 45 will inform the public about the environmental and economic gains made under the trump administration.

Satoshi action is dedicated to the belief that btc mining is a tool for continued human progress and works to cultivate a welcoming environment for investment and innovation throughout the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,470$222,206▲ $219,736
Total Assets$2,470$222,206▲ $219,736
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,470$222,206▲ $219,736
Total Net Assets Fund Balance$2,470$222,206▲ $219,736
Total Liabilities and Net Assets / Fund Balance$2,470$222,206▲ $219,736
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$235,624
Program Service Revenue
$27,050
Investment Income
$0
Other Revenue
$0
All Other Contributions
$226,924
Change in Net Assets
$219,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,938
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
Fees for Services Other$33,948$8,990-$42,938
Total Functional Expenses$33,948$8,990$0$42,938
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Form 990, Page 6, Part VI, Line 2

Amanda gunasekara surya gunasekara director director married

Form 990, Page 6, Part VI, Line 11B

All directors review a draft of the 990.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflicts of interest policy, and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Satoshi Action Fund
EIN
83-3502943
Phone
2022885777
Address
1102 VAN BUREN AVENUE, OXFORD, MS 38655

Signing Officer

Name
Samuel D Porter
Title
CEO
Phone
2022885777
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel D Porter
Formed
2019
Legal Domicile
Ms
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
900B HIGHWAY 19 S, MERIDIAN, MS 39301-5527
Preparer
Mary G Williams CPA
Phone
6016936105
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees 0 8,825 0 travel & expense reimbursemen 9,384 0 0 conference expenses 24,564 0 0 wire fees 0 165 0 total 33,948 8,990 0

Raw XML Appendix237 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING FEES 0 8,825 0 TRAVEL & EXPENSE REIMBURSEMEN 9,384 0 0 CONFERENCE EXPENSES 24,564 0 0 WIRE FEES 0 165 0 TOTAL 33,948 8,990 0
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