Civic Intelligence

Follow Protocol Foundation

EIN 99-0872004 • 501(c)4 • Simpsonville, SC

NTEE W50

Profile

The purpose of the Follow Protocol Foundation the Foundation is to promote social welfare by empowering and enabling members of the online community to own their online social graph through the creation of an online protocol the Protocol. The Protocol will enable the online community to fully access and understand their online connection to others. More specifically the Protocol will enable the online community to fully understand access and ultimately own their individual online identities and associated data across online platforms. As a result the Foundation will promote through the Protocol the development of a transparent online community which through transparency will encourage future community development and consideration across the online community. The only activity of the Foundation will be the development on this Protocol. The Protocol will be developed by employees or independent contractors of the Foundation.

205 Birch Hill WaySimpsonville, SC 29681
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.01x

Higher debt load relative to revenue than 53% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Net Margin

82nd percentile

50%

Higher net margin than 82% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

NTEE W • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

$411,183

No earlier filing loaded for comparison.

Liabilities

$4,808

No earlier filing loaded for comparison.

Net Assets

$406,375

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue53rd percentileNet Margin82nd percentile

Revenue

$614,555

No earlier filing loaded for comparison.

Expenses

$308,993

No earlier filing loaded for comparison.

Net Income

$305,562

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2024: $411,183Liabilities 2024: $4,808Net Assets 2024: $406,3752024

Highlighted filing

2024

Assets$411,183
Liabilities$4,808
Net Assets$406,375
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2024: $614,555Expenses 2024: $308,993Net Income 2024: $305,5622024

Highlighted filing

2024

Revenue$614,555
Expenses$308,993
Net Income$305,562
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$411,183
Liabilities
$4,808
Net assets
$406,375
Revenue
$614,555
Expenses
$308,993
Net income
$305,562
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.11$0.05$4.06$6.15$3.09$3.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$614,555
Mission and Program Overview

Mission

The purpose of the Follow Protocol Foundation the Foundation is to promote social welfare by empowering and enabling members of the online community to own their online social graph through the creation of an online protocol the Protocol. The Protocol will enable the online community to fully access and understand their online connection to others. More specifically the Protocol will enable the online community to fully understand access and ultimately own their individual online identities and associated data across online platforms. As a result the Foundation will promote through the Protocol the development of a transparent online community which through transparency will encourage future community development and consideration across the online community. The only activity of the Foundation will be the development on this Protocol. The Protocol will be developed by employees or independent contractors of the Foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$0$406,375▲ $406,375
Investments Program Related$0$350,287▲ $350,287
Cash and Non-Interest-Bearing Accounts$0$60,896▲ $60,896
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$411,183▲ $411,183
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$4,808▲ $4,808
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$4,808▲ $4,808
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$406,375▲ $406,375
Total Liabilities and Net Assets / Fund Balance$0$411,183▲ $411,183

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$144,445--
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Brantly MilleganDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Thomas RowlandsSoftware development29A Turkey Hill Rd West, Newbury, MA 01985$102,615
Revenue and Support

Revenue Composition

Contributions and Grants
$614,329
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$226
All Other Contributions
$614,329
Change in Net Assets
$305,562

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$155,158Market price at time of receipt Market price at receipt
Total Noncash Contributions2$155,158-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$308,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$248,944$0$0$248,944
Information Technology$30,588$0$0$30,588
Fees for Services Legal$0$21,733$0$21,733
Conferences and Meetings$6,663$0$0$6,663
Fees for Services Accounting$0$1,065$0$1,065
Total Functional Expenses$286,195$22,798$0$308,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reimbursable admin costs$4,808
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

Part VI, line 9

“| Name of the person:, Address of the person:| Benjamin Gibbst, 1001 Nesbit Rd, Pleasant Garden, NC, 27313| David Pell, 445 Albatross Rd, Easley, SC, 29640|”

Part VI, Section B, Line 11B

“CEO meeting with bookkeepper”

Part VI, Section B, Line 12C

“Required to sign and we monitor all activities”

Part VI, Section B, Line 15

“| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Brantly Millegan, Independent board members discussed and approved reimbursement of expenses, 2024| Benjamin Gibbs, Independent board members discussed and approved hourly rate, 2024| David Pell, Independent board members discussed and hourly rate, 2024|”

Part VI, Section C, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Follow Protocol Foundation
EIN
99-0872004
In Care Of
% Brantly Millegan
Phone
5415171592
Address
205 Birch Hill Way, Simpsonville, SC 29681
Doing Business As
Ethereum Identity Foundation

Signing Officer

Name
Brantly Millegan
Title
President Director
Signed
2025-05-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Brantly Millegan
Formed
2024
Legal Domicile
De
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part IX, line 11G

“| Description:, Amount:| bounties, $20775| subcontractors, $228169|”

Raw XML AppendixShowing 400 of 420 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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IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0305562
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0226
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0205842
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1144445
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ETH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ENS tokens
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Reimbursable admin costs
IRS990ScheduleD/TotalBookValueProgramRltdAmt0350287
IRS990ScheduleD/TotalLiabilityAmt04808
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Governance tokens
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Market price at time of receipt Market price at receipt
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0155158
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt025.Other-Number Of Item Contributed: 28680
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0FormAndLineReferenceDesc: Part I, Column(b)
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Name of the person:, Address of the person:| Benjamin Gibbst, 1001 Nesbit Rd, Pleasant Garden, NC, 27313| David Pell, 445 Albatross Rd, Easley, SC, 29640|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CEO meeting with bookkeepper
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Required to sign and we monitor all activities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Brantly Millegan, Independent board members discussed and approved reimbursement of expenses, 2024| Benjamin Gibbs, Independent board members discussed and approved hourly rate, 2024| David Pell, Independent board members discussed and hourly rate, 2024|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Description:, Amount:| bounties, $20775| subcontractors, $228169|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part IX, line 11g
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0411183
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0614329
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022798
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0286195
IRS990/TotalFunctionalExpensesGrp/TotalAmt0308993
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt04808
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04808
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0406375
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0286195
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0614555
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0411183
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0205 Birch Hill Way
IRS990/USAddress/CityNm0Simpsonville
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029681
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02

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