Civic Intelligence

The Hedrick Project

990EZ • Fiscal year 2023 • EIN 88-3410898

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

1101 Fairway DriveKannapolis, NC 28801

(704) 773-9204

Siviq Scores

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

Liabilities / Assets

100th percentile

3.21x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • NTEE C30 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

2.31x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • NTEE C30 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-185%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE C30 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$12,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 83.2% of source-year revenue.

2023 filings • NTEE C30 • <$500k nonprofits • Source year 2023

Asset Growth

20th percentile

-24%

Faster asset growth than 20% of similar nonprofits.

2023 filings • NTEE C30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

54%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • NTEE C30 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$10,385

Down $3,333 (-24%) from 2022

Net Assets

Down

-$22,940

Down $26,615 (-724%) from 2022

Liabilities

Up

$33,325

Up $23,282 (+232%) from 2022

Revenue

Up

$14,425

Up $5,087 (+54%) from 2022

Expenses

Up

$41,040

Up $35,377 (+625%) from 2022

Net Income

Down

-$26,615

Down $30,290 (-824%) from 2022

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2022: $13,718Liabilities 2022: $10,043Net Assets 2022: $3,6752022Assets 2023: $10,385Liabilities 2023: $33,325Net Assets 2023: -$22,9402023Assets 2024: $14,026Liabilities 2024: $28,578Net Assets 2024: -$14,5522024

Highlighted filing

2023

Assets$10,385
Liabilities$33,325
Net Assets-$22,940

Operations Trend

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

$60K$40K$20K$0-$20K-$40KRevenue 2022: $9,338Expenses 2022: $5,663Net Income 2022: $3,6752022Revenue 2023: $14,425Expenses 2023: $41,040Net Income 2023: -$26,6152023Revenue 2024: $17,432Expenses 2024: $9,044Net Income 2024: $8,3882024

Highlighted filing

2023

Revenue$14,425
Expenses$41,040
Net Income-$26,615
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$14,425
Mission and Program Overview

Mission

As a donor organization, we will be working with other INGOs, NGOs, and Non-Profits to carry out our mission in bettering animal,environmental, and human life across the globe. Because of these relationships, our organization's primary focus will be towards raisingawareness, fundraising, and reporting back to our donors on our organization's progress.Raising awareness will primarily be conducted through high quality media (photo and video) that is distributed and marketed accordingly. Weplan to distribute our media via the internet and social media platforms. Through our media production and marketing efforts, we will befundraising through online donations on our website. In addition to our online fundraising, we will be hosting events and selling small amounts ofmerchandise to raise additional funds. We will be hosting events in Charlotte, NC and selling merchandise at our events and online through ourwebsite.Our organization will operate on a specific project basis, meaning that each

Program Services

DescriptionGrantsExpenses
As a donor organization, we will be working with other INGOs, NGOs, and Non-Profits to carry out our mission in bettering animal,environmental, and human life across the globe. Because of these relationships, our organization's primary focus will be towards raisingawareness, fundraising, and reporting back to our donors on our organization's progress.Raising awareness will primarily be conducted through high quality media (photo and video) that is distributed and marketed accordingly. Weplan to distribute our media via the internet and social media platforms. Through our media production and marketing efforts, we will befundraising through online donations on our website. In addition to our online fundraising, we will be hosting events and selling small amounts ofmerchandise to raise additional funds. We will be hosting events in Charlotte, NC and selling merchandise at our events and online through ourwebsite.Our organization will operate on a specific project basis, meaning that each project that we partner with, the public will be able to donate directlyto that project. For example, we plan to work with a Sea Turtle hospital as one of our Sea Turtle rehabilitation & protection projects. We will becarrying a similar structure for human and environmental projects as well, like clean water projects and deforestation protection.Since we will have a variety of projects, we will also allow the public to donate to a fund that distributes their contributions evenly across all ofour causes/missions.-$27,955
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William HedrickPresidentFT$12,000-$12,000
Filing and Contact Details

Filer

Filer Name
The Hedrick Project
EIN
88-3410898
Phone
7047739204
Address
1101 Fairway Drive, Kannapolis, NC 28801

Signing Officer

Name
William Hedrick
Title
President
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Lucas & Associates CPAs PC
Address
PO Box 15699, Savannah, GA 31416
Preparer
Bradley A Lucas CPA
Phone
9127776936
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $211

Other Expenses.1

EVENT EXPENSES $17803

Other Expenses.2

Charity $6000

Other Expenses.3

Insurance $1604

Other Expenses.4

Computer/Software $1013

Other Expenses.5

PROFESSIONAL FEES $750

Other Expenses.6

Office Expenses $574

Other Assets.1

Deposits in Transit - Beginning $67 Deposits in Transit - Ending $0

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $10000 Payable to Officers, Directors, Etc. - Ending $17370

Total Liabilities.1

Credit Cards - Beginning $43 Credit Cards - Ending $15892

Total Liabilities.2

Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $63

Raw XML Appendix146 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0William Hedrick
IRS990EZ/BooksInCareOfDetail/PhoneNum07047739204
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01101 Fairway Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Kannapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028801
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013651
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010385
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt014295
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26615
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0160
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013718
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010385
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt014425
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03675
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-22940
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03675
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-22940
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0William Hedrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt067
IRS990EZ/OtherExpensesTotalAmt027955
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0As a donor organization, we will be working with other INGOs, NGOs, and Non-Profits to carry out our mission in bettering animal,environmental, and human life across the globe. Because of these relationships, our organization's primary focus will be towards raisingawareness, fundraising, and reporting back to our donors on our organization's progress.Raising awareness will primarily be conducted through high quality media (photo and video) that is distributed and marketed accordingly. Weplan to distribute our media via the internet and social media platforms. Through our media production and marketing efforts, we will befundraising through online donations on our website. In addition to our online fundraising, we will be hosting events and selling small amounts ofmerchandise to raise additional funds. We will be hosting events in Charlotte, NC and selling merchandise at our events and online through ourwebsite.Our organization will operate on a specific project basis, meaning that each
IRS990EZ/PrintingPublicationsPostageAmt07
IRS990EZ/ProgramServiceRevenueAmt0130
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0As a donor organization, we will be working with other INGOs, NGOs, and Non-Profits to carry out our mission in bettering animal,environmental, and human life across the globe. Because of these relationships, our organization's primary focus will be towards raisingawareness, fundraising, and reporting back to our donors on our organization's progress.Raising awareness will primarily be conducted through high quality media (photo and video) that is distributed and marketed accordingly. Weplan to distribute our media via the internet and social media platforms. Through our media production and marketing efforts, we will befundraising through online donations on our website. In addition to our online fundraising, we will be hosting events and selling small amounts ofmerchandise to raise additional funds. We will be hosting events in Charlotte, NC and selling merchandise at our events and online through ourwebsite.Our organization will operate on a specific project basis, meaning that each project that we partner with, the public will be able to donate directlyto that project. For example, we plan to work with a Sea Turtle hospital as one of our Sea Turtle rehabilitation & protection projects. We will becarrying a similar structure for human and environmental projects as well, like clean water projects and deforestation protection.Since we will have a variety of projects, we will also allow the public to donate to a fund that distributes their contributions evenly across all ofour causes/missions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027955
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012918
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010043
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt033325
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt041040
IRS990EZ/TotalProgramServiceExpensesAmt027955
IRS990EZ/TotalRevenueAmt014425
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022488
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt022488
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08668
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022488
IRS990ScheduleA/TotalSupportAmt022488
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVENT EXPENSES $17803
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Charity $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1604
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Computer/Software $1013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES $750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Expenses $574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Deposits in Transit - Beginning $67 Deposits in Transit - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Payable to Officers, Directors, Etc. - Beginning $10000 Payable to Officers, Directors, Etc. - Ending $17370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Credit Cards - Beginning $43 Credit Cards - Ending $15892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $63
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William Hedrick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Hedrick Project
ReturnHeader/Filer/BusinessNameControlTxt0HEDR
ReturnHeader/Filer/EIN0883410898
ReturnHeader/Filer/PhoneNum07047739204
ReturnHeader/Filer/USAddress/AddressLine1Txt01101 Fairway Drive
ReturnHeader/Filer/USAddress/CityNm0Kannapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462977721
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lucas & Associates CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 15699
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Savannah
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031416
ReturnHeader/PreparerPersonGrp/PhoneNum09127776936
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bradley A Lucas CPA
ReturnHeader/ReturnTs02024-05-13T11:44:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0William
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hedrick
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings