Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
17 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
1 person listed on the 990; $411K paid to officers and key staff.
Jennifer Lassiter FMR Exec Dir’s $309K as Director is at the 100th percentile of top reported officer pay among 312 $100K–1M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Jennifer Lassiter | — | $440,000 | — | — |
| Jennifer B Lassiter | — | — | $410,556 | $58,702 |
| Jennifer Lassiter FMR Exec Dir | $309,231 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Researching and discussing the US dollar's role in digital currency.
Questions for The Digital Dollar Project INC
Your first name shows with your question. The Digital Dollar Project INC answers here, for everyone.
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Organizing 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.
Publishing 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.
Educating 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.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $817K | $345K |
| Total assetsLn 16 | $848K | $373K |
| LiabilitiesLn 26 | $49K | $29K |
| Net assetsLn 32 | $798K | $344K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $491K | $491K | ||
| Payroll taxesLn 10 | $26K | $26K | ||
| Management feesLn 11a | $126K | $126K | ||
| Legal feesLn 11b | $155K | $155K | ||
| Accounting feesLn 11c | $23K | $23K | ||
| Other fees for servicesLn 11g | $18K | $18K | ||
| Advertising and promotionLn 12 | $17K | $17K | ||
| Office expensesLn 13 | $12K | $12K | ||
| Information technologyLn 14 | $22K | $22K | ||
| TravelLn 17 | $50K | $50K | ||
| InsuranceLn 23 | $31K | $31K | ||
| Other expenses (24a–d)Ln 24 | $100K | $100K | ||
| Total functional expensesLn 25 | $1.1M | $184K | $887K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $391K | $473K | −$81K | $24K | 990 PDF |
| FY2023 | $1.1M | $1.4M | −$238K | $106K | 990 PDF |
| FY2022 Viewing | $617K | $1.1M | −$454K | $344K | 990 PDF |
| FY2021 | $1.0M | $202K | $798K | $798K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $616,610 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 4 to look at
Part VIII · Statement of revenue $616,610 across 2 lines filed
Part IX · Statement of functional expenses $1,070,952 across 12 lines filed
Part X · Balance sheet $373,218 assets, 8 lines filed
Part XI · Reconciliation of net assets $344,075 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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