Blockchain Innovation Project

Unknown exempt organization Washington, DC EIN 92-3702418
Revenue
$405K
▼ -19%
FY2024 · Pt VIII · Ln 12
Expenses
$462K
▲ +395%
FY2024 · Pt IX · Ln 25
Net assets
$350K
FY2024 · Pt X · Ln 32
To programs
70%
FY2024 · Pt IX · col B
Revenue & expenses by yearFY2023–FY2024
Revenue
$405K
FY2024▼ -19%
Expenses
$462K
FY2024▲ +395%

Advocates for policies protecting digital asset economic freedom and innovation through research.

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Tax-deductible?
Not on file
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Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
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Filing up to date?
Filed FY2024 (typical filing lag)
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Foundation funders?
Not on file
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Spent on programs?
70% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↓ -19% vs prior year
Details →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Advocates for policies protecting digital asset economic freedom and innovation through research.

Type
Unknown exempt organization · Nonprofit
Location
Washington, DC
Filings
2 on file (2023–2024)
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Provided by the organization

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Where the money goes · FY2024
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Surplus margin
-14%
revenue over expenses, this year▼ -117% vs prior filing year
Program spending
70%
of expenses reach programs▼ -7% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$350K
FY2024▼ -14%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19−$57K
Total assetsPt X · Ln 16$350K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CBlockchain Innovation Project
EINHdr · item D92-3702418
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer & Secretary
$10,000Pt VII · Sec A
$0Pt VII · Sec A
Co-Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Adam Rozansky$10,000$10,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $322K of program spending, described in the organization's own filed words · FY2024.
01

The organization researched and published policy papers and white papers on current issues with a focus on digital asset freedom, innovation and related public policy.

$322Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$400K · 99%
Investment income$5K · 1%
Contributions & grants99%$400K
Investment income1%$5K
Total revenueLn 12$405K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program services70%$322K
Management & general27%$125K
Fundraising3%$15K
Total functional expensesLn 25$462K

Balance Sheet

Part X · end of year
CashLn 1$350K
Total assetsLn 16$350K
Total liabilitiesLn 26$0
Total net assetsLn 32$350K
Months of cash on handcomputed9.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $350K · Operating expenses (Pt IX) $462K · Less non-cash grants $150K · Cash operating expenses/yr $312K
13.5 months
Where the money goes
Program services
Program services $322K · Total expenses $462K
70%
Management & General
Management & general $125K · Total expenses $462K
27%
Fundraising
Fundraising $15K · Total expenses $462K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $11K · Solicited contributions (2-yr avg) $450K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $400K · Total revenue $405K
99%
Government reliance
Government grants — · Total revenue $405K
—
Earned-income share
Program service revenue $0 · Total revenue $405K
0%
Investment reliance
Investment income $5K · Total revenue $405K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $462K
0%
Growth & trend
Revenue growth (YoY)
This year $405K · Prior year $500K
-19%
Net-asset trend (YoY)
End of year $350K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $405K · Expenses $462K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $350K
—
Net-asset ratio
Net assets $350K · Total assets $350K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $350K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Adam Rozansky · Reported title TREASURER & SECRETARY · Highest reported compensation $10K · Total expenses $462K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10K · Total expenses $462K
2%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 27%——
Fundraising cost ratio 4%——
Revenue growth -19%——
Legal fee ratio 0.3%——
Accounting fee ratio 0.9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$405K revenue · viewing · ⤓ 990 PDF
FY2023$500K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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