World Peace Through Technology Organization
- Assets
- $153.7k
- Revenue
- $51.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Vallejo, CA
- Founding
- 08/2000
- Data as of
- 12/2019
- EIN
- 94-3350509
Organization Overview
World Peace Through Technology Organization is located in Vallejo, CA. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Peace Through Technology Organization 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 12/2019, World Peace Through Technology Organization generated $51.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $115.9k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE PEACE THROUGH TECHNOLOGY: 1)IMMERSIVE LEARNING CENTER, EDUCATION UTILIZING GAMING & IMMERSIVE TECHNOLOGY 2) HOW WEIRD STREET FAIRE, CELEBRATION OF MUSIC & ARTS 3) CODE4PEACE, COLLABORATIVE COMPUTER CODING 4) PEACE TOUR, TRAVELING TECHNOLOGY SHOWS & 5) COMMUNITY DONATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WPTTS CORE FOUNDING TENET IS EXPLORING AND PROMOTING THE CONCEPT OF BENEVOLENT TECHNOLOGY. BENEVOLENT TECHNOLOGIES ARE TOOLS AND PLATFORMS THAT HELP TO BUILD PEACE BETWEEN PEOPLE. THESE TOOLS FOSTER EDUCATION AND DISCUSSION AND RAISE AWARENESS OF OUR GLOBAL INTERDEPENDENCY. BENEVOLENT AI CAN TRANSFORM HUMAN PRODUCTIVITY, EDUCATION, AND HEALTH SCIENCES ENABLING US TO ADDRESS MANY OF THE WORLDS MOST COMPLEX CHALLENGES, SUCH AS CLIMATE CHANGE AND THE ONGOING THREAT OF INFECTIOUS DISEASE. 1)WPTTS PRIMARY EDUCATION PROJECT IS THE IMMERSIVE LEARNING CENTER (ILC) LOCATED IN DOWNTOWN VALLEJO, CA. ILC IS AN EDUCATIONAL AFTER-SCHOOL PROGRAM SERVING ONE OF THE MOST UNDER-SERVED SCHOOL DISTRICTS IN CALIFORNIA. STUDENTS HAVE ACCESS TO THE LATEST IN VIRTUAL REALITY TECHNOLOGY AND A CURRICULUM-BASED ON STEAM (SCIENCE/TECHNOLOGY/ENGINEERING/ART/MATH). ILC USES GAME-BASED LEARNING, PROJECT-BASED LEARNING AND IMMERSIVE TECHNOLOGY, I.E. VIRTUAL REALITY TO MAKE LEARNING FUN & ENGAGING. STUDENTS LEARN USING CODING, MINECRAFT, ROBOTICS & ENGINEERING, AND GAINING MEDIA LITERACY.2)WPTTS RESEARCH PROGRAM, IMMERSIVELEARNING.AI IS FOCUSED ON USING ADVANCES IN MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE TO CREATE VIRTUAL TUTORS FOR KINDERGARTEN TO GRADE 6 (K-6) AGE CHILDREN. USING PRE-TRAINED LANGUAGE MODELS LIKE GPT-3, IMMERSIVELEARNING.AI REPRESENTS A PEDAGOGICAL ADVANCE FOR LEARNING AND TEACHING IN THE 21ST CENTURY.WWW.THELLC.NET 3)HOW WEIRD STREET FAIRE, OUR MAJOR FUNDRAISER, UTILIZES 13 CITY BLOCKS OF ART & CELEBRATION, INCLUDING 10 STAGES OF WORLD-CLASS ELECTRONIC MUSIC, PERFORMANCES, PEACE ACTIVITIES, TECHNOLOGY EXHIBITS, FOOD AND DRINKS, VENDORS FROM AROUND THE WORLD SELLING UNIQUE AND CREATIVE WARES & NON-PROFIT ORGANIZATIONS TO EDUCATE & INSPIRE.WWW.HOWWEIRD.ORG4)CODE4PEACE EVENTS FEATURE COLLABORATIVE COMPUTER CODING SESSIONS (HACKATHONS) DESIGNED TO PRODUCE SOFTWARE & CREATE A COMMUNITY OF PROGRAMMERS WHO SUPPORT PEACE.WWW.CODE4PEACE.ORG5)PEACE TOUR IS A TRAVELING TECHNOLOGY SHOW; EDUCATING & ENTERTAINING PARTICIPANTS & SPREADING A MESSAGE OF PEACE THROUGHOUT THE GLOBE. 6)IN NOVEMBER 2019 WPTTS BRAD OLSEN EMBARKED ON A FOUR-MONTH LIVE-STREAMED JOURNEY OR PEACETOUR TO THE MEGALITHIC STRUCTURES IN SOUTH AMERICA FOLLOWED BY SAILING THROUGH THE DRAKE PASSAGE TO ANTARCTICA. THE EXPEDITION MADE IT ALL THE WAY TO PALMER STATION, A UNITED STATES RESEARCH STATION LOCATED NORTH OF THE ANTARCTIC CIRCLE. THE FIRST-HAND EXPERIENCE AND KNOWLEDGE GAINED OF THE EFFECTS OF GLOBAL WARMING CREATED A COMPELLING NARRATIVE FOR OUR STUDENTS ON THE EFFECTS OF CLIMATE CHANGE.WWW.PEACETOUR.COM7)WPTT SUPPORTS INTERNATIONAL AND COMMUNITY ORGANIZATIONS THAT PROMOTE PEACE, EDUCATION, SAFETY, AND EQUALITY. IN 2019, WPTT DONATED TO ORGANIZATIONS THAT SUPPORT LGBTQ SPORTS AND ATHLETICS, PROMOTE NEIGHBORHOOD VIBRANCY IN SAN FRANCISCO AND THE BAY AREA, EDUCATE HIGH-RISK YOUTH AND THE DEVELOPMENTALLY DISABLED, REDUCE GUN VIOLENCE THROUGH BUY BACK PROGRAMS, PROMOTE SPIRITUAL PEACE AND HARMONY IN THE MIDDLE EAST, AND BRING TECHNOLOGY TO SCHOOLS IN NEPAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Olsen President | OfficerTrustee | 4 | $0 |
Michael Orourke Executive Director | Officer | 40 | $0 |
Justin Weiner Director | Trustee | 4 | $0 |
Peter Bartsch Director | Trustee | 2 | $0 |
Michael Gosney Director | Trustee | 2 | $0 |
Austin Lambe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $31,726 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,969 |
| 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. | $24,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,566 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,436 |
| Fees for services: Accounting | $7,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,202 |
| Information technology | $1,123 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $867 |
| Total functional expenses | $115,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,685 |
| Savings and temporary cash investments | $100,062 |
| 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 | $153,747 |
| 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 | $153,747 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $153,747 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Peace Through Technology Organization has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Healthy Earthworks Charitable Foundation Loma Mar, CA PURPOSE: NON PROFIT ORGANIZATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |