Civic Intelligence

Project 42

990 • Fiscal year 2023 • EIN 84-4888807

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 27, 2024

277 Stewart Rd SWPacific, WA 98047

(206) 297-7500

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

27th percentile

0.00x

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

36th percentile

1.5%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

99th percentile

624%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

66%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$57,764

Up $49,788 (+624%) from 2022

Net Assets

Up

$57,764

Up $49,788 (+624%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$3,265,631

Up $1,297,208 (+66%) from 2022

Expenses

Up

$3,215,843

Up $1,122,723 (+54%) from 2022

Net Income

Up

$49,788

Up $174,485 (+140%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $1,464Liabilities 2020: $0Net Assets 2020: $1,4642020Assets 2021: $132,673Liabilities 2021: $0Net Assets 2021: $132,6732021Assets 2022: $7,976Liabilities 2022: $0Net Assets 2022: $7,9762022Assets 2023: $57,764Liabilities 2023: $0Net Assets 2023: $57,7642023Assets 2024: $383,454Liabilities 2024: $0Net Assets 2024: $383,4542024

Highlighted filing

2023

Assets$57,764
Liabilities$0
Net Assets$57,764

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $402,688Expenses 2020: $401,224Net Income 2020: $1,4642020Revenue 2021: $953,844Expenses 2021: $822,635Net Income 2021: $131,2092021Revenue 2022: $1,968,423Expenses 2022: $2,093,120Net Income 2022: -$124,6972022Revenue 2023: $3,265,631Expenses 2023: $3,215,843Net Income 2023: $49,7882023Revenue 2024: $4,328,470Expenses 2024: $4,002,878Net Income 2024: $325,5922024

Highlighted filing

2023

Revenue$3,265,631
Expenses$3,215,843
Net Income$49,788
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 27, 2024
Return Version
2023v5.0
Gross Receipts
$3,503,576
Mission and Program Overview

Mission

To support building infrastructure in washington state around free markets, personal liberty, and public safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,976$57,764▲ $49,788
Total Assets$7,976$57,764▲ $49,788
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,976$57,764▲ $49,788
Total Net Assets Fund Balance$7,976$57,764▲ $49,788
Total Liabilities and Net Assets / Fund Balance$7,976$57,764▲ $49,788
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve GordonChair/treasurer
Brian HeywoodVice Chair/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Iron LightFuture 42 Management Services300 S RIVERSIDE PLAZA SUITE 1625, Chicago, IL 60606$514,025
Mead Smith GroupLeadership & Fundraising Consulting800 5TH AVENUE 101320, Seattle, WA 98104$294,050
The Poliak GroupPublic Relations3402 HUNTER BLVD S, Seattle, WA 98144$273,719
Revenue and Support

Revenue Composition

Contributions and Grants
$3,264,046
Program Service Revenue
$0
Investment Income
$1,585
Other Revenue
$0
All Other Contributions
$3,264,046
Change in Net Assets
$49,788

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$237,945Fair Market Value
Total Noncash Contributions1$237,945-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,700,859
Other Expenses$1,514,984
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,700,859--$1,700,859
Fees for Services Other$1,139,032--$1,139,032
Fees for Services Legal-$27,869-$27,869
Office Expenses-$25,064-$25,064
Other Expenses$20,000--$20,000
Insurance-$8,426-$8,426
Fees for Services Accounting-$7,603-$7,603
Total Functional Expenses$3,146,881$68,962$0$3,215,843
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Franklin News FoundationChicago, IL501(c)(3)Media Investigative Reporting$825,840
Citizens Action Defense FundTumwater, WA501(c)(3)Fund Litigation and Court Education Project Purposes$375,000
League of Our Own WashingtonSnohomish, WA501(c)(4)Female Candidate Recruiting and Training$357,519
Discovery InstituteSeattle, WA501(c)(3)Fix Homelessness Initiative$75,000
Change WaSnohomish, WA501(c)(4)Support Accountability and Public Safety Issues in Washington$40,000
Lucy Burns InstituteMiddleton, WI501(c)(3)Empower People to Engage in Democracy by Delivering High Quality Information$10,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section A, Line 8A

The organization does not contemporaneously document meetings held or written actions undertaken by the governing body.

Form 990, Part VI, Section A, Line 8B

The organization does not contemporaneously document meetings held or written actions undertaken by the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent cpa firm and will be reviewed by the board chair prior to filing.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Project 42
EIN
84-4888807
Phone
2062977500
Address
277 STEWART RD SW, PACIFIC, WA 98047

Signing Officer

Name
Steve Gordon
Title
Chair
Phone
2062977500
Signed
2024-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Gordon
Formed
2020
Legal Domicile
Wa
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Moss Adams Llp
Address
1301 A STREET SUITE 600, TACOMA, WA 98402-4205
Preparer
Qi Wen Liang
Phone
2535724100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Future 42 management consulting: program service expenses 514,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 514,025. Leadership consulting: program service expenses 294,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 294,050. Pr & other consulting: program service expenses 330,957. Management and general expenses 0. Fundraising expenses 0. Total expenses 330,957.

Raw XML Appendix380 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT ACCOUNTABILITY AND PUBLIC SAFETY ISSUES IN WASHINGTON
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2MEDIA INVESTIGATIVE REPORTING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FUND LITIGATION AND COURT EDUCATION PROJECT PURPOSES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4FIX HOMELESSNESS INITIATIVE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5EMPOWER PEOPLE TO ENGAGE IN DEMOCRACY BY DELIVERING HIGH QUALITY INFORMATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LEAGUE OF OUR OWN WASHINGTON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHANGE WA
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CITIZENS ACTION DEFENSE FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4DISCOVERY INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5LUCY BURNS INSTITUTE
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098291
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd198290
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd260606
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd398501
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd498104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd553562
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN ORDER FOR AN ORGANIZATION TO RECEIVE GRANT FUNDS FROM PROJECT 42, AN APPLICATION AND PRESENTATION MUST BE COMPLETED. THE ORGANIZATION MUST ALSO ACCEPT THE TERMS OF THE GRANT, WHICH INCLUDES SIX DIFFERENT REQUIREMENTS: -MEET WEEKLY WITH PROJECT 42 QUARTERBACK SALLY POLIAK -PROVIDE BOARD MEETING MINUTES BY THE NEXT SCHEDULED QUARTERBACK CALL -PROVIDE BOARD FINANCIAL REPORTS BY THE NEXT SCHEDULED QUARTERBACK CALL -ACTIVELY PARTICIPATE IN PROJECT 42'S CAPACITY ORGANIZATION NETWORK ACTIVITIES -MEET FIVE KEY PERFORMANCE INDICATORS (KPI'S) BY THE END OF THE CALENDER YEAR: -MEET WITH PROJECT 42 REPRESENTATIVES AFTER THE CALENDAR YEAR END TO REVIEW THE YEAR AND DISCUSS FURTHER OPPORTUNITIES IF THE ORGANIZATION WOULD LIKE FUNDING BEYOND THE INITIAL GRANT RECEIVED, THEN THEY MUST MEET THE KPI'S AND PARTICIPATE IN THE ACTIVITIES LISTED ABOVE. THE ORGANIZATION MUST NOT MAKE POLITICAL CONTRIBUTIONS TO POLITICAL COMMITTEES OR OTHER NONPROFIT ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0237945
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE NUMBER OF CONTRIBUTIONS FOR PUBLICLY TRADED SECURITIES REPRESENTS EACH GIFT OF STOCK AND NOT THE NUMBER OF SHARES RECEIVED.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT CONTEMPORANEOUSLY DOCUMENT MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT CONTEMPORANEOUSLY DOCUMENT MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND WILL BE REVIEWED BY THE BOARD CHAIR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUTURE 42 MANAGEMENT CONSULTING: PROGRAM SERVICE EXPENSES 514,025. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 514,025. LEADERSHIP CONSULTING: PROGRAM SERVICE EXPENSES 294,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 294,050. PR & OTHER CONSULTING: PROGRAM SERVICE EXPENSES 330,957. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 330,957.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07976
IRS990/TotalAssetsEOYAmt057764
IRS990/TotalAssetsGrp/BOYAmt07976
IRS990/TotalAssetsGrp/EOYAmt057764
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03264046
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068962
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03146881
IRS990/TotalFunctionalExpensesGrp/TotalAmt03215843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07976
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt057764
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03146881
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01585
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03265631
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07976
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt057764
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0277 STEWART RD SW
IRS990/USAddress/CityNm0PACIFIC
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098047
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE GORDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02062977500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT 42
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0844888807
ReturnHeader/Filer/PhoneNum02062977500
ReturnHeader/Filer/USAddress/AddressLine1Txt0277 STEWART RD SW
ReturnHeader/Filer/USAddress/CityNm0PACIFIC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098047
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 A STREET SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TACOMA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0984024205
ReturnHeader/PreparerPersonGrp/PhoneNum02535724100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0QI WEN LIANG
ReturnHeader/ReturnTs02024-04-30T18:15:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GORDON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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