Open Transformation Lab Inc
- Assets
- $250.7k
- Revenue
- $747.9k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3402717
Organization Overview
Open Transformation Lab Inc is located in New York, 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
2022
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
TECHNOLOGYAS A KEY COMPONENT OF OTLS STRATEGY, THE ORGANIZATION EXPANDED ITS DIGITAL FOOTPRINT ACROSS VARIOUS APPLICATIONS AND PLATFORMS. REGULAR UPDATES WERE MADE TO WEBSITES, AND BOLSTERED OTLS PRESENCE ON SOCIAL MEDIA PLATFORMS LIKE INSTAGRAM, YOUTUBE, FACEBOOK AND TIKTOK. THIS TECHNOLOGY-DRIVEN APPROACH ALLOWED THE ORGANIZATION TO DISSEMINATE CONTENT MORE EFFECTIVELY, REACHING A WIDER AUDIENCE AND FOSTERING GREATER ENGAGEMENT. AS A TESTAMENT TO SUCCESSFUL DIGITAL STRATEGY, OTL NOW HAVE A MILLION FOLLOWERS ACROSS OUR SOCIAL MEDIA PLATFORMS.
TECHNOLOGYAS A KEY COMPONENT OF OTLS STRATEGY, THE ORGANIZATION EXPANDED ITS DIGITAL FOOTPRINT ACROSS VARIOUS APPLICATIONS AND PLATFORMS. REGULAR UPDATES WERE MADE TO WEBSITES, AND BOLSTERED OTLS PRESENCE ON SOCIAL MEDIA PLATFORMS LIKE INSTAGRAM, YOUTUBE, FACEBOOK AND TIKTOK. THIS TECHNOLOGY-DRIVEN APPROACH ALLOWED THE ORGANIZATION TO DISSEMINATE CONTENT MORE EFFECTIVELY, REACHING A WIDER AUDIENCE AND FOSTERING GREATER ENGAGEMENT. AS A TESTAMENT TO SUCCESSFUL DIGITAL STRATEGY, OTL NOW HAVE A MILLION FOLLOWERS ACROSS OUR SOCIAL MEDIA PLATFORMS.
CONTENT CREATIONCONTENT CREATION WAS CENTRAL TO OTLS MISSION. THE ORGANIZATION FOCUSED ON DEBUNKING RUMORS, PARTICULARLY THOSE FOSTERING HATE SPEECH AND DISCRIMINATION AGAINST VULNERABLE GROUPS IN EGYPT AND THE BROADER ARAB SOCIETIES. OTLS FACT-CHECKING INITIATIVES SPANNED A BROAD SPECTRUM, FROM SCIENTIFIC MISINFORMATION, RELIGIOUS AND FOLK SUPERSTITIONS, TO GOVERNMENT REMARKS, AND NEWS PROPAGATED BY TEXT AND AUDIOVISUAL MEDIA OUTLETS. THE TEAM UNDERTOOK A UNIQUE INITIATIVE OF FACT-CHECKING NEWS RELATED TO SOCCER, ACKNOWLEDGING ITS INFLUENTIAL ROLE IN EGYPTIAN SOCIETY AND ITS POTENTIAL TO FUEL RUMORS AND SOCIAL TENSIONS.
CONTENT CREATIONCONTENT CREATION WAS CENTRAL TO OTLS MISSION. THE ORGANIZATION FOCUSED ON DEBUNKING RUMORS, PARTICULARLY THOSE FOSTERING HATE SPEECH AND DISCRIMINATION AGAINST VULNERABLE GROUPS IN EGYPT AND THE BROADER ARAB SOCIETIES. OTLS FACT-CHECKING INITIATIVES SPANNED A BROAD SPECTRUM, FROM SCIENTIFIC MISINFORMATION, RELIGIOUS AND FOLK SUPERSTITIONS, TO GOVERNMENT REMARKS, AND NEWS PROPAGATED BY TEXT AND AUDIOVISUAL MEDIA OUTLETS. THE TEAM UNDERTOOK A UNIQUE INITIATIVE OF FACT-CHECKING NEWS RELATED TO SOCCER, ACKNOWLEDGING ITS INFLUENTIAL ROLE IN EGYPTIAN SOCIETY AND ITS POTENTIAL TO FUEL RUMORS AND SOCIAL TENSIONS.
TRAININGTHROUGHOUT THE PROJECT, OTLS TEAM DEMONSTRATED A STEADFAST COMMITMENT TO CONTENT CREATION AND EDITORIAL STANDARDS. OTL PRODUCES AND PUBLISHES TEXT CONTENT DAILY, WHILE SIMULTANEOUSLY ENHANCING ITS VISUAL CONTENT. IMAGERY AND GRAPHS WERE INTEGRATED INTO OTLS WORK TO AUGMENT THE NARRATIVE AND ENGAGE READERS MORE EFFECTIVELY. THE ORGANIZATION VENTURES INTO MULTIMEDIA, PRODUCING VIDEO CONTENT ON A WEEKLY OR MONTHLY BASIS, ENRICHES WITH VOICE-OVERS, FOOTAGE, AND THEMATIC MUSIC, THUS ADDING A NEW DIMENSION TO ITS CONTENT CREATION APPROACH.
TRAININGTHROUGHOUT THE PROJECT, OTLS TEAM DEMONSTRATED A STEADFAST COMMITMENT TO CONTENT CREATION AND EDITORIAL STANDARDS. OTL PRODUCES AND PUBLISHES TEXT CONTENT DAILY, WHILE SIMULTANEOUSLY ENHANCING ITS VISUAL CONTENT. IMAGERY AND GRAPHS WERE INTEGRATED INTO OTLS WORK TO AUGMENT THE NARRATIVE AND ENGAGE READERS MORE EFFECTIVELY. THE ORGANIZATION VENTURES INTO MULTIMEDIA, PRODUCING VIDEO CONTENT ON A WEEKLY OR MONTHLY BASIS, ENRICHES WITH VOICE-OVERS, FOOTAGE, AND THEMATIC MUSIC, THUS ADDING A NEW DIMENSION TO ITS CONTENT CREATION APPROACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abdelrahman Mansour President | OfficerTrustee | 40 | $121,002 |
Mohamed Aboelgheit Director | Trustee | 5 | $0 |
Mohamed Mahmoud Director | Trustee | 5 | $0 |
Amr Magdi Director | Trustee | 5 | $0 |
Mohamed Mostafa Director | Trustee | 5 | $0 |
Abdelrahman Mansour President | OfficerTrustee | 40 | $121,002 |
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 | $747,883 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $747,883 |
| 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 | $747,883 |
| 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. | $121,763 |
| 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 | $13,403 |
| Payroll taxes | $10,428 |
| Fees for services: Management | $13,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $311,200 |
| Advertising and promotion | $28,978 |
| Office expenses | $0 |
| Information technology | $2,169 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,473 |
| 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 | $527,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,660 |
| 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 | $250,660 |
| Accounts payable and accrued expenses | $3,349 |
| 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 | $3,349 |
| Net assets without donor restrictions | $39,905 |
| Net assets with donor restrictions | $207,406 |
| 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 | $250,660 |