Civic Intelligence

Digital Dollar Project Inc.

990 • Fiscal year 2023 • EIN 87-1472164

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 25, 2024

Organization ProfileDIGITALDOLLARPROJECT.ORG

View Organization Page

2000 Duke St 300Alexandria, VA 22314

(571) 337-5387

Siviq Scores

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

Liabilities / Assets

45th percentile

0.05x

Higher debt load relative to assets than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$440,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 39.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

1st percentile

-70%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

82%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$110,931

Down $262,287 (-70%) from 2022

Net Assets

Down

$105,874

Down $238,201 (-69%) from 2022

Liabilities

Down

$5,057

Down $24,086 (-83%) from 2022

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin15th percentile

Revenue

Up

$1,125,003

Up $508,393 (+82%) from 2022

Expenses

Up

$1,363,204

Up $292,252 (+27%) from 2022

Net Income

Up

-$238,201

Up $216,141 (+48%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$1.0M$500K$0Assets 2021: $847,749Liabilities 2021: $49,332Net Assets 2021: $798,4172021Assets 2022: $373,218Liabilities 2022: $29,143Net Assets 2022: $344,0752022Assets 2023: $110,931Liabilities 2023: $5,057Net Assets 2023: $105,8742023Assets 2024: $235,651Liabilities 2024: $211,272Net Assets 2024: $24,3792024

Highlighted filing

2023

Assets$110,931
Liabilities$5,057
Net Assets$105,874
Open 2023 Filing

Operations Trend

Revenue Growth90th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $1,000,100Expenses 2021: $201,683Net Income 2021: $798,4172021Revenue 2022: $616,610Expenses 2022: $1,070,952Net Income 2022: -$454,3422022Revenue 2023: $1,125,003Expenses 2023: $1,363,204Net Income 2023: -$238,2012023Revenue 2024: $391,471Expenses 2024: $472,966Net Income 2024: -$81,4952024

Highlighted filing

2023

Revenue$1,125,003
Expenses$1,363,204
Net Income-$238,201
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 25, 2024
Return Version
2023v5.1
Gross Receipts
$1,125,003
Mission and Program Overview

Mission

The purpose of the project is to encourage research and public discussion on the potential advantages of a digital dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector. The project will moderate programs with interested stakeholders to measure the value of and establish practical steps that can be taken to establish a digital dollar. The project views the infrastructure underpinning the us dollar as a critically important public good and believes that upgrading this infrastructure will provide current and future generations enhanced flexibility, optionality, stability, and prosperity.

The digital dollar project is a not-for-profit focused on research and discussion regarding the role of and impact to the us dollar in digital currency network. The purpose of the project is to encourage research and public discussion on the potential advantages of a digital dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector. The project will moderate progams with interested stakeholders to measure the value of and establish practical steps that can be taken to establish a digital dollar. The ddp's board are renowned industry experts and blockchain advocates who have been leading global discourse on cryptocurrencies and digital assets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$345,242$83,815▼ $261,427
Accounts Receivable$14,735$20,000▲ $5,265
Prepaid Expenses and Deferred Charges$13,241$7,116▼ $6,125
Total Assets$373,218$110,931▼ $262,287
Liabilities
Accounts Payable and Accrued Expenses$29,143$5,057▼ $24,086
Total Liabilities$29,143$5,057▼ $24,086
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$344,075$105,874▼ $238,201
Total Net Assets Fund Balance$344,075$105,874▼ $238,201
Total Liabilities and Net Assets / Fund Balance$373,218$110,931▼ $262,287
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer LassiterExecutive DirectorFT$400,000$40,000$440,000

Board Members and Trustees

NameTitle
J Christopher GiancarloChairman
Charles GiancarloDirector
David TreatDirector
Elizabeth GrayDirector
Daniel GorfineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,125,000
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$0
All Other Contributions
$1,125,000
Change in Net Assets
$-238,201
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$778,215
Other Expenses$584,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$352,000$88,000-$440,000
Other Salaries and Wages$287,841--$287,841
Travel$69,045--$69,045
Advertising$67,534--$67,534
Payroll Taxes$35,598$3,271-$38,869
Fees for Services Accounting-$32,250-$32,250
Fees for Services Other$24,083$3,744-$27,827
Fees for Services Legal$14,853$1,500-$16,353
Insurance$12,527--$12,527
Other Employee Benefits$9,204$2,301-$11,505
Conferences and Meetings$8,379--$8,379
Information Technology$7,486--$7,486
Other Expenses$5,450--$5,450
Office Expenses$2,470$1,896-$4,366
Total Functional Expenses$1,230,242$132,962$0$1,363,204
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 was provided to jennifer lassiter, executive director, for review before filing.”

Form 990, Part VI, Section B, Line 12C

“The executive director collected newly signed copies of the conflict form from each director of the board at the beginning of each year and stored with organizational documents.”

Form 990, Part VI, Section B, Line 15

“15a: the board of directors completed a salary benchmark exercise through accenture prio to job contract with existing executive director who was hired in 2021. The executive director receives an annual review, with no contractual commitment to annual compensation increase beyond bonus structure. 15b: for each full time position the organization employed, the executive director completed a salary benchmark exercise collecting data from regional, similarily structured organizations and adp.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflicts of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
The Digital Dollar Project Inc
EIN
87-1472164
Phone
5713375387
Address
2000 DUKE ST 300, ALEXANDRIA, VA 22314

Signing Officer

Name
Jennifer Lassiter
Title
Executive Director
Phone
5713375387
Signed
2024-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Lassiter
Formed
2021
Legal Domicile
De
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Ross & Moncure Inc
Address
726 N WASHINGTON ST, ALEXANDRIA, VA 22314
Preparer
John P Bamsey
Phone
7035495276
Raw XML Appendix386 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt029143
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05057
IRS990/AccountsReceivableGrp/BOYAmt014735
IRS990/AccountsReceivableGrp/EOYAmt020000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE DIGITAL DOLLAR PROJECT IS A NOT-FOR-PROFIT FOCUSED ON RESEARCH AND DISCUSSION REGARDING THE ROLE OF AND IMPACT TO THE US DOLLAR IN DIGITAL CURRENCY NETWORK. THE PURPOSE OF THE PROJECT IS TO ENCOURAGE RESEARCH AND PUBLIC DISCUSSION ON THE POTENTIAL ADVANTAGES OF A DIGITAL DOLLAR, CONVENE PRIVATE SECTOR THOUGHT LEADERS AND ACTORS, AND PROPOSE POSSIBLE MODELS TO SUPPORT THE PUBLIC SECTOR. THE PROJECT WILL MODERATE PROGAMS WITH INTERESTED STAKEHOLDERS TO MEASURE THE VALUE OF AND ESTABLISH PRACTICAL STEPS THAT CAN BE TAKEN TO ESTABLISH A DIGITAL DOLLAR. THE DDP'S BOARD ARE RENOWNED INDUSTRY EXPERTS AND BLOCKCHAIN ADVOCATES WHO HAVE BEEN LEADING GLOBAL DISCOURSE ON CRYPTOCURRENCIES AND DIGITAL ASSETS.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt067534
IRS990/AdvertisingGrp/TotalAmt067534
IRS990/AllOtherContributionsAmt01125000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SUPPORTING STRATEGIES
IRS990/BooksInCareOfDetail/PhoneNum09739749733
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0349 5TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010016
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0345242
IRS990/CashNonInterestBearingGrp/EOYAmt083815
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt088000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0352000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0440000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08379
IRS990/ConferencesMeetingsGrp/TotalAmt08379
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01125000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03
IRS990/CYOtherExpensesAmt0584989
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-238201
IRS990/CYSalariesCompEmpBnftPaidAmt0778215
IRS990/CYTotalExpensesAmt01363204
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01125003
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ORGANIZING US CBDC EXPERIMENTATION THROUGH THE DIGITAL DOLLAR PROJECT'S PILOT PROGRAM. RESULTS OF WHICH WILL BE PUBLISHED AND OPEN DATA SHARED FOR CONSIDERATION BY POLICY-MAKERS, ACADEMICS AND RESEARCHERS, THE FEDERAL RESERVE SYSTEM. AND THE GENERAL PUBLIC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0492097
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt032250
IRS990/FeesForServicesAccountingGrp/TotalAmt032250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt014853
IRS990/FeesForServicesLegalGrp/TotalAmt016353
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03744
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024083
IRS990/FeesForServicesOtherGrp/TotalAmt027827
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0J CHRISTOPHER GIANCARLO
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES GIANCARLO
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL GORFINE
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID TREAT
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIFER LASSITER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5440000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01125003
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt07486
IRS990/InformationTechnologyGrp/TotalAmt07486
IRS990/InsuranceGrp/ProgramServicesAmt012527
IRS990/InsuranceGrp/TotalAmt012527
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd01
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE PROJECT IS TO ENCOURAGE RESEARCH AND PUBLIC DISCUSSION ON THE POTENTIAL ADVANTAGES OF A DIGITAL DOLLAR, CONVENE PRIVATE SECTOR THOUGHT LEADERS AND ACTORS, AND PROPOSE POSSIBLE MODELS TO SUPPORT THE PUBLIC SECTOR. THE PROJECT WILL MODERATE PROGAMS WITH INTERESTED STAKEHOLDERS TO MEASURE THE VALUE OF AND ESTABLISH PRACTICAL STEPS THAT CAN BE TAKEN TO ESTABLISH A DIGITAL DOLLAR. THE PROJECT VIEWS THE INFRASTRUCTURE UNDERPINNING THE US DOLLAR AS A CRITICALLY IMPORTANT PUBLIC GOOD AND BELIEVES THAT UPGRADING THIS INFRASTRUCTURE WILL PROVIDE CURRENT AND FUTURE GENERATIONS ENHANCED FLEXIBILITY, OPTIONALITY, STABILITY AND PROSPERITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0344075
IRS990/NetAssetsOrFundBalancesEOYAmt0105874
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0344075
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0105874
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01896
IRS990/OfficeExpensesGrp/ProgramServicesAmt02470
IRS990/OfficeExpensesGrp/TotalAmt04366
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02301
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09204
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011505
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1PILOT PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2PRIVACY ROUNDTABLE EXPE
IRS990/OtherExpensesGrp/ProgramServicesAmt0264772
IRS990/OtherExpensesGrp/ProgramServicesAmt169000
IRS990/OtherExpensesGrp/ProgramServicesAmt25450
IRS990/OtherExpensesGrp/TotalAmt0264772
IRS990/OtherExpensesGrp/TotalAmt169000
IRS990/OtherExpensesGrp/TotalAmt25450
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0287841
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287841
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03271
IRS990/PayrollTaxesGrp/ProgramServicesAmt035598
IRS990/PayrollTaxesGrp/TotalAmt038869
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013241
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07116
IRS990/PrincipalOfficerNm0JENNIFER LASSITER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATING CONGRESS, THE EXECUTIVE OFFICE, THE FEDERAL RESERVE SYSTEM, AND POLICY-MAKERS ON CBDC DESIGN CHOICES AND POTENTIAL APPLICATIONS AND BRIEFING FINANCIAL REGULATORS AND PRIVATE SECTOR LEADERSHIP ON VARIOUS USE CASES AND THE DIGITAL CURRENCY ECOSYSTEM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0246048
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLISHING WHITE PAPERS AND RESEARCH ON US CBDC, AS WELL AS RESPONSES TO THE FEDERAL RESERVE BOARD POLICY DISCUSSION PAPER, THE WHITE HOUSE EXECUTIVE ORDER ON RESPONSIBLE INNOVATION, AND RELEVANT SENATE AND HOUSE COMMITTEE HEARINGS. CONVENING PUBLIC SESSIONS (I.E. DEBATES, DISCUSSIONS, INTERVIEWS) ON US CBDC AND RELATED MATTERS INCLUDING NATIONAL SECURITY, FINANCIAL INCLUSION, AND PRIVACY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0492097
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0616500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0110
IRS990/PYOtherExpensesAmt0554193
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-454342
IRS990/PYSalariesCompEmpBnftPaidAmt0516759
IRS990/PYTotalExpensesAmt01070952
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0616610
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-238201
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01125000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0616500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02741500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0213
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt02741500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01125000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0616500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01000000
IRS990ScheduleA/Total509Grp/TotalAmt02741500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01125003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0616610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01000100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02741713
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount040000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JENNIFER LASSITER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0440000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PROVIDED TO JENNIFER LASSITER, EXECUTIVE DIRECTOR, FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR COLLECTED NEWLY SIGNED COPIES OF THE CONFLICT FORM FROM EACH DIRECTOR OF THE BOARD AT THE BEGINNING OF EACH YEAR AND STORED WITH ORGANIZATIONAL DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt215A: THE BOARD OF DIRECTORS COMPLETED A SALARY BENCHMARK EXERCISE THROUGH ACCENTURE PRIO TO JOB CONTRACT WITH EXISTING EXECUTIVE DIRECTOR WHO WAS HIRED IN 2021. THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL REVIEW, WITH NO CONTRACTUAL COMMITMENT TO ANNUAL COMPENSATION INCREASE BEYOND BONUS STRUCTURE. 15B: FOR EACH FULL TIME POSITION THE ORGANIZATION EMPLOYED, THE EXECUTIVE DIRECTOR COMPLETED A SALARY BENCHMARK EXERCISE COLLECTING DATA FROM REGIONAL, SIMILARILY STRUCTURED ORGANIZATIONS AND ADP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0373218
IRS990/TotalAssetsEOYAmt0110931
IRS990/TotalAssetsGrp/BOYAmt0373218
IRS990/TotalAssetsGrp/EOYAmt0110931
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01125000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0132962
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01230242
IRS990/TotalFunctionalExpensesGrp/TotalAmt01363204
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029143
IRS990/TotalLiabilitiesEOYAmt05057
IRS990/TotalLiabilitiesGrp/BOYAmt029143
IRS990/TotalLiabilitiesGrp/EOYAmt05057
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0344075
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105874
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01230242
IRS990/TotalReportableCompFromOrgAmt0440000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01125003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0373218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0110931
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt069045
IRS990/TravelGrp/TotalAmt069045
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02000 DUKE ST 300
IRS990/USAddress/CityNm0ALEXANDRIA
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022314
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0DIGITALDOLLARPROJECT.ORG
IRS990/WhistleblowerPolicyInd00
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LASSITER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05713375387
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DIGITAL DOLLAR PROJECT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O SPACES - DUKE STREET
ReturnHeader/Filer/BusinessNameControlTxt0DIGI
ReturnHeader/Filer/EIN0871472164
ReturnHeader/Filer/PhoneNum05713375387
ReturnHeader/Filer/USAddress/AddressLine1Txt02000 DUKE ST 300
ReturnHeader/Filer/USAddress/CityNm0ALEXANDRIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022314
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541210279
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROSS & MONCURE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0726 N WASHINGTON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALEXANDRIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022314
ReturnHeader/PreparerPersonGrp/PhoneNum07035495276
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN P BAMSEY
ReturnHeader/ReturnTs02024-10-03T13:51:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$110,931
Liabilities
$5,057
Net assets
$105,874
Revenue
$1,125,003
Expenses
$1,363,204
Net income
-$238,201
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.21$0.02$0.39$0.47$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.11$1.13$1.36$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.03$0.34$0.62$1.07$0.45
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.05$0.80$1.00$0.20$0.80