Civic Intelligence

Follow Protocol Foundation

990 • Fiscal year 2024 • EIN 99-0872004

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

Organization Profile

205 Birch Hill WaySimpsonville, SC 29681

Siviq Scores

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

Higher debt load relative to assets than 55% of similar nonprofits.

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

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Higher net margin than 81% of similar nonprofits.

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

Higher top officer pay than 74% of similar nonprofits.

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

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

No value available

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

Source year 2024

No value available

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

Source year 2024

Balance Sheet

Liabilities / Assets55th percentile

Assets

$411,183

No earlier filing loaded for comparison.

Net Assets

$406,375

No earlier filing loaded for comparison.

Liabilities

$4,808

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue52nd percentile Net Margin81st 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.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

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 across loaded years, with this filing highlighted.

Highlighted filing

2024

Revenue$614,555

Expenses$308,993

Net Income$305,562

Open 2024 Filing

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

Line	Beginning	End	Change
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

Asset	Book Value	Depreciation	Basis
Investment Program Related Org	$144,445	-	-

Compensation and Service Providers

Top Officer Pay74th percentile

Board Members and Trustees

Name	Title
Brantly Millegan	Director

Highest Paid Contractors

Contractor	Services	Location	Compensation
Thomas Rowlands	Software development	29A 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 Type	Contribution Count	Reported Amount	Valuation Method
Other Non Cash Contri Table	2	$155,158	Market price at time of receipt Market price at receipt
Total Noncash Contributions	2	$155,158	-

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
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 Item	Program	Management	Fundraising	Total
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 Item	Amount
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 Item	Beginning	End	Change
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

Liability	Amount
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/PaymentsToAffiliatesGrp/FundraisingAmt	0	0
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt	0	0
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt	0	0
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt	0	0
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	0
IRS990/PrincipalOfficerNm	0	Brantly Millegan
IRS990/PriorPeriodAdjustmentsAmt	0	0
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt	0	0
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt	0	0
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	305562
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	false
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/RelatedOrganizationsAmt	0	0
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	false
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	true
IRS990/RevenueAmt	0	226
IRS990/RoyaltiesGrp/FundraisingAmt	0	0
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt	0	0
IRS990/RoyaltiesGrp/ProgramServicesAmt	0	0
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/ExclusionAmt	0	0
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt	0	0
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990/ScheduleBRequiredInd	0	true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	0	205842
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	1	144445
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	0	ETH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	1	ENS tokens
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	0	F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	1	F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	4808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	Reimbursable admin costs
IRS990ScheduleD/TotalBookValueProgramRltdAmt	0	350287
IRS990ScheduleD/TotalLiabilityAmt	0	4808
IRS990/ScheduleJRequiredInd	0	false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd	0	false
IRS990ScheduleM/Form8283ReceivedCnt	0	0
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt	0	2
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc	0	Governance tokens
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt	0	Market price at time of receipt Market price at receipt
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd	0	X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt	0	155158
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd	0	true
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt	0	25.Other-Number Of Item Contributed: 28680
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FormAndLineReferenceDesc: Part I, Column(b)
IRS990ScheduleM/ThirdPartiesUsedInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	\| 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/ExplanationTxt	1	CEO meeting with bookkeepper
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Required to sign and we monitor all activities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	\| 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/ExplanationTxt	4	No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	\| Description:, Amount:\| bounties, $20775\| subcontractors, $228169\|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Part VI, line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Part IX, line 11g
IRS990/SchoolOperatingInd	0	false
IRS990/SignificantChangeInd	0	false
IRS990/SignificantNewProgramSrvcInd	0	false
IRS990/StatesWhereCopyOfReturnIsFldCd	0	DE
IRS990/SubjectToExcsTaxNetInvstIncInd	0	false
IRS990/SubjectToProxyTaxInd	0	false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd	0	false
IRS990/TaxablePartyNotificationInd	0	false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt	0	0
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt	0	0
IRS990/TaxExemptBondsInd	0	false
IRS990/TerminateOperationsInd	0	false
IRS990/TotalAssetsEOYAmt	0	411183
IRS990/TotalAssetsGrp/BOYAmt	0	0
IRS990/TotalAssetsGrp/EOYAmt	0	411183
IRS990/TotalCompGreaterThan150KInd	0	false
IRS990/TotalContributionsAmt	0	614329
IRS990/TotalEmployeeCnt	0	0
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt	0	0
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt	0	22798
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt	0	286195
IRS990/TotalFunctionalExpensesGrp/TotalAmt	0	308993
IRS990/TotalGrossUBIAmt	0	0
IRS990/TotalLiabilitiesEOYAmt	0	4808
IRS990/TotalLiabilitiesGrp/BOYAmt	0	0
IRS990/TotalLiabilitiesGrp/EOYAmt	0	4808
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt	0	0
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt	0	406375
IRS990/TotalOtherCompensationAmt	0	0
IRS990/TotalProgramServiceExpensesAmt	0	286195
IRS990/TotalProgramServiceRevenueAmt	0	0
IRS990/TotalReportableCompFromOrgAmt	0	0
IRS990/TotalRevenueGrp/ExclusionAmt	0	0
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt	0	614555
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/TotalVolunteersCnt	0	0
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt	0	0
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt	0	411183
IRS990/TotReportableCompRltdOrgAmt	0	0
IRS990/TransactionWithControlEntInd	0	false
IRS990/TravelGrp/FundraisingAmt	0	0
IRS990/TravelGrp/ManagementAndGeneralAmt	0	0
IRS990/TravelGrp/ProgramServicesAmt	0	0
IRS990/TravelGrp/TotalAmt	0	0
IRS990/TypeOfOrganizationCorpInd	0	X
IRS990/UnrelatedBusIncmOverLimitInd	0	false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt	0	0
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt	0	0
IRS990/UponRequestInd	0	X
IRS990/USAddress/AddressLine1Txt	0	205 Birch Hill Way
IRS990/USAddress/CityNm	0	Simpsonville
IRS990/USAddress/StateAbbreviationCd	0	SC
IRS990/USAddress/ZIPCd	0	29681
IRS990/VotingMembersGoverningBodyCnt	0	3
IRS990/VotingMembersIndependentCnt	0	2

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Assets: $411,183
Liabilities: $4,808
Net assets: $406,375
Revenue: $614,555
Expenses: $308,993
Net income: $305,562

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.11	$0.05	$4.06	$6.15	$3.09	$3.06