Civic Intelligence

The Formation Project

990 • Fiscal year 2023 • EIN 84-4695937

Jan 01, 2023 to Dec 31, 2023

N Charleston, SC
Siviq Scores

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

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

47th percentile

2.8%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-2.1%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$217,987

Up $23,450 (+12%) from 2022

Net Assets

Up

$217,687

Up $23,150 (+12%) from 2022

Liabilities

Up

$300

Up $300 from 2022

Revenue

Down

$814,974

Down $17,171 (-2.1%) from 2022

Expenses

Up

$791,974

Up $162,663 (+26%) from 2022

Net Income

Down

$23,000

Down $179,834 (-89%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2020: $17,105Liabilities 2020: $0Net Assets 2020: $17,1052020Assets 2021: $27,680Liabilities 2021: $62,477Net Assets 2021: -$34,7972021Assets 2022: $194,537Liabilities 2022: $0Net Assets 2022: $194,5372022Assets 2023: $217,987Liabilities 2023: $300Net Assets 2023: $217,6872023Assets 2024: $881,538Liabilities 2024: $277,103Net Assets 2024: $604,4352024

Highlighted filing

2023

Assets$217,987
Liabilities$300
Net Assets$217,687

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $92,494Expenses 2020: $76,274Net Income 2020: $16,2202020Revenue 2021: $399,441Expenses 2021: $451,343Net Income 2021: -$51,9022021Revenue 2022: $832,145Expenses 2022: $629,311Net Income 2022: $202,8342022Revenue 2023: $814,974Expenses 2023: $791,974Net Income 2023: $23,0002023Revenue 2024: $1,042,895Expenses 2024: $656,147Net Income 2024: $386,7482024

Highlighted filing

2023

Revenue$814,974
Expenses$791,974
Net Income$23,000
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

The formation project is a survivor-led non-profit fighting human trafficking. Our vision is a world where no person is bought, sold, or exploited. We are accomplishing that by ensuring every person has the option not to sell their bodies, and the opportunity to escape exploitation, and access to sustainable services and support.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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