Civic Intelligence

Bitcoin Worldwide Development Foundation

990EZ • Fiscal year 2023 • EIN 86-3706143

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

200 N Lasalle Street Suite 2360Chicago, IL 60601

(541) 232-9121

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.80x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

83rd percentile

40%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Up

$283,994

Up $81,462 (+40%) from 2022

Net Assets

Down

$56,677

Down $145,618 (-72%) from 2022

Liabilities

Up

$227,317

Up $227,080 (+95814%) from 2022

Revenue

Down

$0

Down $287,458 (-100%) from 2022

Expenses

Down

$145,618

Down $64,565 (-31%) from 2022

Net Income

Down

-$145,618

Down $222,893 (-288%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2021: $125,020Liabilities 2021: $0Net Assets 2021: $125,0202021Assets 2022: $202,532Liabilities 2022: $237Net Assets 2022: $202,2952022Assets 2023: $283,994Liabilities 2023: $227,317Net Assets 2023: $56,6772023Assets 2024: $212,458Liabilities 2024: $231,570Net Assets 2024: -$19,1122024

Highlighted filing

2023

Assets$283,994
Liabilities$227,317
Net Assets$56,677

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $613,618Expenses 2021: $488,598Net Income 2021: $125,0202021Revenue 2022: $287,458Expenses 2022: $210,183Net Income 2022: $77,2752022Revenue 2023: $0Expenses 2023: $145,618Net Income 2023: -$145,6182023Revenue 2024: $0Expenses 2024: $75,789Net Income 2024: -$75,7892024

Highlighted filing

2023

Revenue$0
Expenses$145,618
Net Income-$145,618
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The organization's mission is to advance the economic development and financial inclusion of underserved communities, and support projects and engage in activities that promote human rights.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION DID NOT CONDUCT ANY PROGRAMMING BEFORE THE YEAR'S END. THE ORGANIZATION PLANS TO ENGAGE IN GRANTMAKING, EDUCATIONAL PROGRAMS, RESEARCH ENDEAVORS, AND OTHER SIMILAR ACTIVITIES TO FURTHER IT MISSION$100,000$121,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK MALLERSPresident-$0--
DYLAN LIETUEAUTreasurer-$0--
MANUELA RIOSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Impactbtc Foundation
EIN
86-3706143
Phone
5412329121
Address
200 N LASALLE STREET SUITE 2360, CHICAGO, IL 60601

Signing Officer

Name
Jack Mallers
Title
President
Phone
5412329121
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Fgmk LLC
Address
2801 LAKESIDE DRIVE 3RD FLOOR, BANNOCKBURN, IL 60015
Preparer
Phillip a Levsky
Phone
8473740400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: human rights foundation. Grantee address: 350 fifth avenue suite 4202 new york, ny 10118. Grantee relationship: none. Property description: cash. Date of gift: 07/20/23. Amount given: 100,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 71. Description: filing fees. Amount: 25. Total to form 990-ez, line 16: 96.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 237. End of year amount: 1,404. Description: due to affiliate. Beg. Of year amount: 0. End of year amount: 225,913.

Raw XML Appendix136 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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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO ADVANCE THE ECONOMIC DEVELOPMENT AND FINANCIAL INCLUSION OF UNDERSERVED COMMUNITIES, AND SUPPORT PROJECTS AND ENGAGE IN ACTIVITIES THAT PROMOTE HUMAN RIGHTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION DID NOT CONDUCT ANY PROGRAMMING BEFORE THE YEAR'S END. THE ORGANIZATION PLANS TO ENGAGE IN GRANTMAKING, EDUCATIONAL PROGRAMS, RESEARCH ENDEAVORS, AND OTHER SIMILAR ACTIVITIES TO FURTHER IT MISSION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: HUMAN RIGHTS FOUNDATION. GRANTEE ADDRESS: 350 FIFTH AVENUE SUITE 4202 NEW YORK, NY 10118. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 07/20/23. AMOUNT GIVEN: 100,000.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 237. END OF YEAR AMOUNT: 1,404. DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 225,913.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMPACTBTC FOUNDATION
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ReturnHeader/ReturnTs02024-11-15T14:10:15-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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