THE DIGITAL DOLLAR PROJECT INC C/O SPACES - DUKE STREET Charity Report

Public IRS 990 nonprofit record

THE DIGITAL DOLLAR PROJECT INC C/O SPACES - DUKE STREET

EIN 87-1472164 · Research Institutes & Public Policy Analysis (U05)

What they do

THE DIGITAL DOLLAR PROJECT is A NOT-FOR-PROFIT FOCUSED ON RESEARCH and DISCUSSION REGARDING THE ROLE of and IMPACT to THE US DOLLAR IN DIGITAL CURRENCY NETWORK. THE PURPOSE of THE PROJECT is to ENCOURAGE RESEARCH and PUBLIC DISCUSSION ON THE POTENTIAL ADVANTAGES of A DIGITAL DOLLAR, CONVENE PRIVATE SECTOR THOUGHT LEADERS and ACTORS, and PROPOSE POSSIBLE MODELS to SUPPORT THE PUBLIC SECTOR. THE PROJECT WILL MODERATE PROGAMS WITH INTERESTED STAKEHOLDERS to MEASURE THE VALUE of and ESTABLISH PRACTICAL STEPS THAT CAN BE TAKEN to ESTABLISH A DIGITAL DOLLAR. THE DDPS BOARD ARE RENOWNED INDUSTRY EXPERTS and BLOCKCHAIN ADVOCATES WHO HAVE BEEN LEADING GLOBAL DISCOURSE ON CRYPTOCURRENCIES and DIGITAL ASSETS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.59%of revenue went to mission work77.5% of expenses · Program services

$120.82spent for every $100 of revenueSpending was higher than revenue this year.

27.22%of revenue went to management and office costs22.5% of expenses

$0.50in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $81,495 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $309,231 for JENNIFER LASSITER FMR EXEC DIR (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$391,471

Mission workProgram services$366,39793.59% of revenue77.5% of expenses

ManagementOffice and general costs$106,56927.22% of revenue22.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$472,966120.82% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.5% mission · 22.5% management · 0.0% fundraisingTotal expenses: 120.82% of revenue

2023Expense mix: 90.2% mission · 9.8% management · 0.0% fundraisingTotal expenses: 121.17% of revenue

2022Expense mix: 17.2% mission · 82.8% management · 0.0% fundraisingTotal expenses: 173.68% of revenue

2021Expense mix: 20.6% mission · 79.4% management · 0.0% fundraisingTotal expenses: 20.17% of revenue

Money in and money out

Revenue$391,471

Expenses$472,966

Annual shortfall $81,495 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$366,397 · 77.5% of expenses

Management and office costs$106,569 · 22.5% of expenses

See all reported dollar amounts

Revenue$391,471

Expenses$472,966

Assets$235,651

Income$391,471

Contributions$391,471

Mission work (program services)$366,397

Management and general$106,569

Accounting fees$36,760

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER LASSITER FMR EXEC DIRDIRECTOR · 5 hrs/week $309,231

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

JENNIFER LASSITER FMR EXEC DIRDIRECTOR

CHARLES GIANCARLODIRECTOR

DANIEL GORFINETREASURER

ELIZABETH GRAYDIRECTOR

J CHRISTOPHER GIANCARLOCHAIRMAN

About this charity

Recognized since: January 2022
Location: 3610 TERRACE DR, ANNANDALE, VA 22003-1841
County: City of Alexandria
In care of: % THOMAS PAPPAS
Primary officer: JENNIFER LASSITER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@digtialdollarproject.org Phone(571) 337-5387

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ROSS & MONCURE INC
NTEE classification: Research Institutes & Public Policy Analysis (U05)
IRS tax category: Research Institutes & Public Policy Analysis