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DEMOCRACY EARTH FOUNDATION: Form 990EZ, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
DEMOCRACY EARTH FOUNDATION (EIN 37-1776296)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-07
IRS object ID
202233119349202408
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-07T14:06:04-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952302617PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SINGERLEWAK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110960 WILSHIRE BOULEVARD 7TH FLOORAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900243783ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN371776296EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DEMOCRACY EARTH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDEMOBusinessNameControlTxt
Phone6503009874PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1157 EAST 72ND STREET 12HAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSANTIAGO SIRIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6503009874PhoneNum
Signature2022-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSANTIAGOPersonFirstNm
Person LastSIRIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLIOR TEMKINPreparerPersonNm
PTINP00748170PTIN
Phone3104773924PhoneNum
Preparation2022-11-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.DEMOCRACY.EARTHWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$70,018GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$6,740ContributionsGiftsGrantsEtcAmt
Program Service Revenue$63,278ProgramServiceRevenueAmt
Total Revenue$70,018TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$8,316FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$6,617OtherExpensesTotalAmt
Total Expenses$14,933TotalExpensesAmt
Excess Or Deficit For Year$55,085ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$57,113NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$54,243OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$52,215NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,405EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$4,910BOYAmt
EOY$47,810EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,910BOYAmt
EOY$52,215EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$62,023BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$57,113BOYAmt
EOY$52,215EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeDEMOCRACY EARTH FOUNDATION CREATES CENSORSHIP RESISTANT, FREE AND OPEN SOURCE SOFTWARE THAT CAN DEPLOY DEMOCRACIES ANYWHERE THERE'S AN INTERNET CONNECTION. IT HAS DEVELOPED UNIVERSAL BASIC INCOME (UBI) ON ETHEREUM AND CONTRIBUTED TO THE PROOF OF HUMANITY PROJECT THAT VERIFIES HUMAN BEINGS USING A DECENTRALIZED NETWORK.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
PROOF OF HUMANITY:DEMOCRACY EARTH FOUNDATION CONTRIBUTES TO THE LAUNCH OF THE PROOF OF HUMANITY PROJECT THAT BUILDS A DECENTRALIZEDINDEX OF HUMAN IDENTITIES USING SMART CONTRACTS.SUBMITTERS HAVE TO CREATE AN ONLINE VIDEO OF THEMSELVES STATING THAT THEY CERTIFY THEY ARE REAL HUMANS AND AREN'T REGISTERED IN THE SYSTEM. DURING A PERIOD OF 3 DAYS, PROFILES CAN BE CHALLENGED IF THEY DO NOT MEET THE REQUIRED CRITERIA AND GET SENT TO AN ARBITRATION SYSTEM THAT WILL ULTIMATELY DECIDE THE VALIDITY OF HUMAN IDENTITIES. PROOF OF HUMANITY ALLOWS ON THE ETHEREUM NETWORK TO SIGNAL A LIST OF HUMAN BEINGS WITHOUT DUPLICATES OR FAKE PROFILES. THIS CAN BE USED TO CREATE ONLINE VOTES AND ALL KINDS OF SOCIAL SYSTEMS BEING BUILTWITH SMART CONTRACT TECHNOLOGY. THE PROJECT WAS OFFICIALLY LAUNCHED ON MARCH 11 2021 AND IT HAS BUILT A LIST OF 17,000 HUMANS.$0$2,987
UNIVERSAL BASIC INCOME (UBI):DEMOCRACY EARTH FOUNDATION WORKED ON THE DEVELOPMENT OF A UNIVERSAL BASIC INCOME SMART CONTRACT THAT WORKS AS AUTILITY THAT HELPS EVERY HUMAN REGISTERED VIA PROOF OF HUMANITY TO ACCRUE TOKENS OVER TIME. UBI WORKS AS ANETHEREUM COMPATIBLE TOKEN AND CAN BE USED TO MAKE ALL KINDS OF BLOCKCHAIN-ENABLED TRANSACTIONS. VERIFIED HUMANSON PROOF OF HUMANITY ACCRUE UBI TOKENS IN REAL TIME AT THE RATE OF 1 UBI PER HOUR. IT HAS BECOME THE MOST WIDELYUSED PROGRAM OF UNIVERSAL BASIC INCOME BUILT ON THE BLOCKCHAIN.$0$10,453
THE PROOF OF HUMANITY DAO:DEMOCRACY EARTH FOUNDATION BUILT THE FIRST DEMOCRATIC DAO ON ETHEREUM BY COMBINING PROOF OF HUMANITY AND VOTINGSOLUTIONS LIKE SNAPSHOT THAT ALLOW PARTICIPANTS TO CAST VOTES. THANKS TO THE INTEGRATION WITH PROOF OF HUMANITY, THE SYSTEM IS VERY HARD TO GAME WITH FALSE IDENTITIES. THE PROOF OF HUMANITY DAOS ALSO IMPLEMENT LIQUID DEMOCRACY AND ALLOW FOR USERS TO DELEGATE THEIR VOTE TO OTHERS. OVER 80 DECISIONS WHERE MADE BY THE PROOF OF HUMANITY DAO THAT INFLUENCE ON THE PARAMETERS OF THE SMART CONTRACT, THE POLICY USED TO VERIFY HUMANS AND THE GOVERNANCE RULES OF THE DAO ITSELF.$0$1,493
FieldValueIRS element (for citing)
Total Program Service Expenses$14,933TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SANTIAGO SIRI
PRESIDENT10.00$0$0$0
PIA MANCINI
SECRETARY1.00$0$0$0
HERB STEPHENS
TREASURER1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSANTIAGO SIRIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1157 EAST 72ND STREET NO 12HAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd
FieldValueIRS element (for citing)
Phone6503009874PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$122,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,416CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$218,824CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$323,495CurrentTaxYearMinus1YearAmt
Current Tax Year$6,740CurrentTaxYearAmt
Total$690,594TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$122,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,416CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$218,824CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$323,495CurrentTaxYearMinus1YearAmt
Current Tax Year$6,740CurrentTaxYearAmt
Total$690,594TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$447,210SubstantialContributorsTotAmt
Public Support Total170$243,384PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,985CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,156CurrentTaxYearMinus3YearsAmt
Current Tax Year$63,278CurrentTaxYearAmt
Total$102,419TotalAmt
FieldValueIRS element (for citing)
Total Support$793,013TotalSupportAmt
Public Support CY1700.30690PublicSupportCY170Pct
Public Support PY1700.45220PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170Yes (X)ThirtyThrPctSuprtTestsPY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK FEES. AMOUNT: 570. DESCRIPTION: LEGAL FEES. AMOUNT: 100. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 5,947. TOTAL TO FORM 990-EZ, LINE 16: 6,617.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETSDESCRIPTION: UNREALIZED GAIN. AMOUNT: 54,243.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: UNIVERSAL BASIC INCOME (UBI) TOKENS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 42,900. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,910. END OF YEAR AMOUNT: 4,910.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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