Open Transformation Lab Inc
- Assets
- $27.3k
- Revenue
- $315.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Flushing, NY
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-3402717
Organization Overview
Open Transformation Lab Inc is located in Flushing, NY. The organization was established in 2018. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Transformation Lab Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSIONS IS TO PROVIDE INFORMATION AND RESOURCES TO COUNTER DISINFORMATION, PROPAGANDA, AND OFFER A WINDOW TO TRUSTED CONTENT ABOUT THE EVENTS THAT ARE GOING ON IN THE MIDDLE EAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION OF PROFESSIONAL MEDIA CONTENTTO FIGHT THE SPREAD OF FALSE NEWS, BEARING IN MIND THAT THE MAIN INTENT OF SPREADING FALSE NEWS IS TO SERVE PERSONAL, IDEOLOGICAL, RELIGIOUS, OR POLITICAL AGENDAS, BY EITHER THE GOVERNMENT OR THE OPPOSITION.TO COMBAT MISINFORMATION USED IN HATE SPEECH, INCITEMENT TO VIOLENCE AND RACISM.TO SUPPORT WOMENS RIGHTS BY RESPONDING TO MISINFORMATION SPREADING SEXISM.TO SPREAD PUBLIC AWARENESS ABOUT FACT-CHECKING MECHANISMS AND DOCUMENTATION. THE PLATFORM DOES NOT ONLY PRESENT FACT-BASED ACCURATE NEWS, BUT ALSO EXPLAINS HOW THE AUDIENCE CAN FACT-CHECK THE NEWS THEMSELVES, PROVIDING A DESCRIPTION OF THE TOOLS USED FOR THAT GOAL.
COVID-19 RELATED OBJECTIVESTO COMBAT FALSE NEWS RELATED TO VACCINATION, ADVOCATING FALSE CURES TO FIGHT INFECTION, OR DISCOURAGING PEOPLE FROM TAKING ADEQUATE PRECAUTIONS TO PROTECT THEMSELVES AND THEIR FAMILIES FROM THE VIRUS.TO FACT-CHECK VIRAL NEWS THAT HAS A POLITICAL ANGLE, SUCH AS THE DATA ON INFECTED CASES IN GOVERNMENT STATISTICS.TO PROMOTE AND SPREAD PROPER SCIENTIFIC AWARENESS ABOUT COVID-19, VACCINES, AS WELL AS PREVENTION METHODS.TO ADVOCATE FOR CITIZEN SUPERVISION AND MONITORING OF PUBLIC POLICY RELATED TO THE CRISIS, WHETHER DIRECTLY RELATED, SUCH AS HEALTH POLICIES, OR INDIRECTLY RELATED, SUCH AS POLICIES DEALING WITH ASSOCIATED ECONOMIC MEASURES.TO SERVE AS AN ALTERNATIVE PLATFORM FOR PUBLISHING TESTIMONIALS OR INVITING THE PUBLIC TO INTERACT AND PROVIDE THEIR EXPERIENCES WITH GOVERNMENT SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abdelrahman Mansour President | OfficerTrustee | 40 | $89,602 |
Mohamed Aboelgheit Director | Trustee | 5 | $0 |
Mohamed Mostafa Director | Trustee | 5 | $0 |
Amr Magdi Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $305,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,275 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $315,900 |
| 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. | $89,602 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $191,309 |
| Advertising and promotion | $34,594 |
| Office expenses | $392 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $336,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,316 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,316 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $27,316 |
| Total liabilities and net assets/fund balances | $27,316 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Transformation Lab Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Construction Financial Management Association Princeton, NJ | $11,734,249 | $6,816,166 |
G R Robert Construction Co Inc Usw Welfare Tr Fund Farmingdale, NJ | $3,505,634 | $4,353,086 |
Heavy Construction Industry Fund New York, NY | $24,457,135 | $4,942,939 |
Fab Foundation Boston, MA | $3,602,930 | $3,603,989 |
Society Of Plastics Engineers Inc Danbury, CT | $7,877,326 | $3,851,885 |
Turner Construction Company Foundation Montvale, NJ | $361,662 | $2,624,047 |
International Union Of Operating Engineers-98 Southwick, MA | $1,494,223 | $1,781,462 |
Construction Industries Of Massachusetts Inc Norwood, MA | $1,576,063 | $1,804,804 |
Engineering Center Education Trust Boston, MA | $2,342,937 | $1,311,012 |
American Federation Of Labor And Congress Of Industrial Orgs Dorchester, MA | $985,622 | $961,996 |
Construction Contractors Assn Of The Hudson Valley Inc Newburgh, NY | $1,019,153 | $947,733 |
Construction Exchange Of Buffalo Western New York Buffalo, NY | $2,118,263 | $1,098,271 |