Peacetech Lab
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 12
- Location
- Potomac, MD
- Founding
- 07/2015
- Data as of
- 09/2024
- EIN
- 47-2267437
Organization Overview
Peacetech Lab is located in Potomac, MD. 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 12/2023, Peacetech Lab employed 12 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 09/2024, Peacetech Lab generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (45.9%) each year. All expenses for the organization totaled $42.8k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (39.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PEACETECH LAB'S WORK TO EXPAND AND ACCELERATE THE USE OF TECHNOLOGY, MEDIA AND DATA FOR PEACEBUILDING THROUGH RESEARCH, TRAINING, AND DEVELOPMENT OF INNOVATIVE, SUSTAINABLE PROGRAM STRATEGIES BEGAN WRAPPING UP DURING 2023 AS THE ENTITY EXPANDED ITS COLLABORATION AND PARTNERSHIP WITH ANOTHER LIKE-MINDED NOT FOR PROFIT TO ACCOMPLISH SIMILAR PEACEBUILDING OUTCOMES VIA NEW MODALITIES.
PEACETECH LAB'S PROGRAM WORK TO EXPAND AND ACCELERATE THE USE OF TECHNOLOGY, MEDIA AND DATA FOR PEACEBUILDING THROUGH RESEARCH, TRAINING, AND DEVELOPMENT OF INNOVATIVE, SUSTAINABLE PROGRAM STRATEGIES WRAPPED UP DURING LATE 2023/EARLY 2024 AS THE ENTITY EXPANDED ITS COLLABORATION AND PARTNERSHIP WITH ANOTHER LIKE-MINDED NOT FOR PROFIT TO ACCOMPLISH SIMILAR PEACEBUILDING OUTCOMES VIA NEW MODALITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheldon Himelfarb CEO And President | 40 | $159,902 | |
Nicholas Donofrio Chairman | 1 | $0 | |
Bernard Amadei Vice Chairman | 1 | $0 | |
Colin Rule Treasurer | 1 | $0 | |
Sanjiv Ahuja Director | 1 | $0 | |
Mark Chichester Director | 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 | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,707 |
| Total Program Service Revenue | $153,888 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,056 |
| Total Revenue | $19,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,373 |
| Professional fees and other payments to independent contractors | $15,015 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,064 |
| Other expenses | $11,394 |
| Total expenses | $42,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |