Peacetech Lab
- Assets
- $1.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 19
- Location
- Washington, DC
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-2267437
Organization Overview
Peacetech Lab is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Peacetech Lab employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peacetech Lab is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peacetech Lab generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PEACETECH LAB WORKS TO EXPAND AND ACCELERATE THE USE OF TECHNOLOGY, MEDIA AND DATA FOR PEACEBUILDING THROUGH RESEARCH, TRAINING, AND DEVELOPMENT OF INNOVATIVE, SUSTAINABLE PROGRAM STRATEGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA: THE ARRIVAL OF SOCIAL MEDIA, SATELLITES, AND SMARTPHONES IN FRAGILE COUNTRIES MARKS AN UNPRECEDENTED OPPORTUNITY TO DO BETTER, EARLIER WARNINGS OF CONFLICT FROM AN INCREASING ARRAY OF DATA SOURCES. IN SOUTH SUDAN, KENYA, AND NIGERIA, PEACETECH LAB LEVERAGES THE EXPERTISE OF LOCAL TEAMS WITH SOCIAL MEDIA ANALYSTS TO UNDERSTAND HOW ONLINE HATE SPEECH CAN LEAD TO RADICALIZATION AND VIOLENCE. PEACETECH LAB IS ALSO SPEARHEADING THE DEVELOPMENT OF GROUNDTRUTH GLOBAL, A DATA PLATFORM USING ADVANCED MACHINE LEARNING AND AI TO PREDICT ECONOMIC AND SOCIAL DISRUPTION. GROUNDTRUTH GLOBAL IS POWERED BY IBM WATSON AND AMAZON WEB SERVICES, COMBINING THE BEST IN BIG DATA WITH HIGHLY LOCALIZED INSIGHTS AND EXPERTISE.
MEDIA: MEDIA PLAYS A KEY ROLE IN AMPLIFYING PEACEBUILDING EFFORTS BY PROVIDING A PLATFORM FOR YOUTH AND OTHER UNDERSERVED VOICES. PROGRAMS LIKE RADIO DRAMA, SAWA SHABAB, AND AWARD-WINNING REALITY TV SHOW, SALAM SHABAB, COMBINE EDUCATION AND ENTERTAINMENT TO ENGAGE CITIZENS AROUND TOPICS LIKE CO-EXISTENCE, NATIONAL IDENTITY, GENDER EQUALITY, AND YOUTH EMPOWERMENT IN SOUTH SUDAN AND IRAQ. PEACETECH LAB WORKS WITH INTERNATIONAL BROADCASTERS CHANNELS TV IN NIGERIA, HUM NETWORK IN PAKISTAN, AND RNW MEDIA TO SUPPORT JOURNALISTS THROUGH DATA AND PEACEMEDIA CURRICULA AIMED AT YOUTH AGES 15-30.
TECHNOLOGY: PEACETECH LAB'S PROGRAMS BEGIN AT THE LOCAL LEVEL, WHERE WEEK-LONG PEACETECH EXCHANGES (PTX) CONNECT CIVIL SOCIETY ORGANIZATIONS, TECHNOLOGISTS, AND GOVERNMENTS TO SOLVE COMPLEX PROBLEMS USING SIMPLE, LOW-COST TOOLS. PTX PARTICIPANTS WITH PROMISING IDEAS ARE AWARDED MICRO-GRANTS TO FURTHER DEVELOP THEIR PROJECTS. FOR PEACETECH ENTREPRENEURS WITH MORE ADVANCED BUSINESS MODELS AND PROVEN SUCCESS, PEACETECH LAB OFFERS MENTORSHIP, TRAINING, AND AN OPPORTUNITY TO PITCH HIGH-LEVEL INVESTORS THROUGH ITS PEACETECH ACCELERATOR PROGRAM BASED IN WASHINGTON, DC. THE PEACETECH ACCELERATORS IS A JOINT INITIATIVE OF PEACETECH LAB, C5 ACCELERATE, AMAZON WEB SERVICES, AND SAP NS2.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Luis Teixeira Director Of Operations | Officer | 40 | $125,000 |
Tim Receveur Programs Director | 40 | $123,896 | |
Nizar Zakka Director, Middle East Project, Head Of Program Dev | 40 | $115,310 | |
Sheldon Himelfarb CEO And President | Officer | 40 | $73,553 |
Bernard Amadei Vice Chairman | OfficerTrustee | 1 | $0 |
Nicholas Donofrio Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Geoanalytics Institute Consulting Services | 12/30/18 | $130,827 |
Media Ink Advertising | 12/30/18 | $110,872 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $267,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,262,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,529,379 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,720 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,713,744 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $215,183 |
| Compensation of current officers, directors, key employees. | $123,941 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $529,349 |
| Pension plan accruals and contributions | $24,330 |
| Other employee benefits | $64,890 |
| Payroll taxes | $64,879 |
| Fees for services: Management | $217,600 |
| Fees for services: Legal | $6,662 |
| Fees for services: Accounting | $75,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $401,280 |
| Advertising and promotion | $2,842 |
| Office expenses | $7,438 |
| Information technology | $121,599 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $357 |
| Interest | $2,784 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,033 |
| Insurance | $17,331 |
| All other expenses | $0 |
| Total functional expenses | $2,105,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,635 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $220,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $116,181 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,902 |
| Net Land, buildings, and equipment | $648,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,032,706 |
| Accounts payable and accrued expenses | $50,122 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $115,166 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $895,089 |
| Total liabilities | $1,060,377 |
| Net assets without donor restrictions | -$302,671 |
| Net assets with donor restrictions | $275,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,032,706 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Peacetech Lab has recieved totaling $150,038.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: GENERAL | | $80,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $35,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $25,000 |
Parker Family Foundation Winters, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dt Institute Washington, DC | $2,449,854 | $14,948,751 |
The Center For Advanced Defense Studies Inc Washington, DC | $8,510,305 | $11,072,530 |
Global Peace Foundation Lanham, MD | $3,602,473 | $13,061,043 |
The Jewish Institute For National Security Of America Washington, DC | $7,066,134 | $6,314,808 |
Global Internet Forum To Counter Terrorism Inc Washington, DC | $6,548,810 | $3,675,449 |
J Street Washington, DC | $2,688,067 | $2,890,512 |
Peacetech Lab Washington, DC | $1,032,706 | $2,713,744 |
Center For Religion And Diplomacy Inc Washington, DC | $716,383 | $1,966,932 |
Alliance For Peacebuilding Washington, DC | $1,965,638 | $1,852,666 |
Institute For Global Engagement Arlington, VA | $1,022,111 | $1,156,625 |
Americans For Peace Now Inc Washington, DC | $742,473 | $1,516,410 |
Just Vision Inc Washington, DC | $4,095,981 | $2,526,991 |