Civic Intelligence

Open Transformation Lab Inc.

990 • Fiscal year 2023 • EIN 82-3402717

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 27, 2024

110 Duane St STE 1CNew York, NY 10007

(202) 733-8338

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.03x

Higher debt load relative to revenue than 53% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

49th percentile

3.6%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$94,361

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

12%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$299,463

Flat from 2023

Net Assets

Flat

$277,843

Flat from 2023

Liabilities

Flat

$21,620

Flat from 2023

Revenue

Flat

$840,599

Flat from 2023

Expenses

Flat

$810,067

Flat from 2023

Net Income

Flat

$30,532

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2018: $0Net Assets 2018: $02018Assets 2019: $0Net Assets 2019: -$7,4622019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $27,316Liabilities 2021: $0Net Assets 2021: $27,3162021Assets 2022: $250,660Liabilities 2022: $3,349Net Assets 2022: $247,3112022Assets 2023: $299,463Liabilities 2023: $21,620Net Assets 2023: $277,8432023Assets 2023: $299,463Liabilities 2023: $21,620Net Assets 2023: $277,8432023Assets 2024: $408,995Liabilities 2024: $56,938Net Assets 2024: $352,0572024

Highlighted filing

2023

Assets$299,463
Liabilities$21,620
Net Assets$277,843

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2018: $02018Revenue 2019: $104,028Expenses 2019: $112,351Net Income 2019: -$8,3232019Revenue 2020: $220,702Expenses 2020: $157,989Net Income 2020: $62,7132020Revenue 2021: $315,900Expenses 2021: $336,488Net Income 2021: -$20,5882021Revenue 2022: $747,883Expenses 2022: $527,888Net Income 2022: $219,9952022Revenue 2023: $840,599Expenses 2023: $810,067Net Income 2023: $30,5322023Revenue 2023: $840,599Expenses 2023: $810,067Net Income 2023: $30,5322023Revenue 2024: $1,140,783Expenses 2024: $1,066,569Net Income 2024: $74,2142024

Highlighted filing

2023

Revenue$840,599
Expenses$810,067
Net Income$30,532
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 27, 2024
Return Version
2023v5.1
Gross Receipts
$840,599
Mission and Program Overview

Mission

Scholar association to innovate media & communication transformation channel

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$250,660$299,463▲ $48,803
Total Assets$250,660$299,463▲ $48,803
Liabilities
Accounts Payable and Accrued Expenses$3,349$21,620▲ $18,271
Total Liabilities$3,349$21,620▲ $18,271
Net Assets / Fund Balance
Net Assets With Donor Restrictions$207,406$203,078▼ $4,328
Net Assets Without Donor Restrictions$39,905$74,765▲ $34,860
Total Net Assets Fund Balance$247,311$277,843▲ $30,532
Total Liabilities and Net Assets / Fund Balance$250,660$299,463▲ $48,803
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Abdelrahman MansourPresidentFT$94,361$94,361

Board Members and Trustees

NameTitle
Amr MagdiDirector
Mohamed AboelgheitDirector
Mohamed MahmoudDirector
Mohamed MostafaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$840,599
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$840,599
Change in Net Assets
$30,532

Audited Revenue Reconciliation

Revenue per Audited Statements
$840,599
Total Revenue per Audited Statements
$840,599
Total Revenue per Form 990
$840,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$688,574
Salaries, Compensation, and Employee Benefits$107,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$460,490--$460,490
Current Officers, Directors, Trustees, and Key Employees$94,361--$94,361
Travel$50,990--$50,990
Advertising$36,563--$36,563
Other Expenses$34,031$398-$34,429
Fees for Services Accounting$29,600$3,795-$33,395
Fees for Services Management$27,081--$27,081
Information Technology$15,260--$15,260
Benefits to Members$14,108--$14,108
Office Expenses$10,513$3,133-$13,646
Payroll Taxes$7,592--$7,592
Occupancy-$5,625-$5,625
Other Salaries and Wages$5,432--$5,432
Conferences and Meetings$1,250--$1,250
Total Functional Expenses$787,895$22,172$0$810,067

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$810,067
Total Expenses per Audited Statements$810,067
Total Expenses per Form 990$810,067
International Activity

International Summary

Spending
$460,490

International Compliance

Foreign grant records maintained
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram servicesJournalists Payments--$460,490
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A complete copy of form 990 is provided to the board prior to filing. Board reviews and discusses at in-person board meeting, by telephone or via email if necessary. It is each board members responsibility to review the form 990 in sufficient detail so as to bring any questions or concerns to the table before acceptance.

Conflict of interest policy compliance Part VI line 12C

Open transformation lab has board meetings annually and additionally as required. At each board meeting where the board discusses issues or other corporate actions which may involve conflicts, each board member is required to disclose potential conflicts. These disclosures are then reviewed for items of conflict. Items noted as a potential conflict, if any, are reviewed by the board, directors, officers, and, where appropriate, outside legal counsel. Appropriate action is taken to address the disclosures and to ensure that directors do not vote on any matter in which they have a conflict of interest.

CEO executive director top management comp Part VI line 15A

Each year, certain independent directors survey the marketplace and gather market data on the compensation of the acting director (the ceo/executive director) and other top management positions. The acting director position and other top management positions are matched with other similar positions in organizations with similar revenues, structures, and scope. For the acting director positions and other top management positions, both base pay and total compensation pay are compared. Total compensation includes base pay and bonus pay. Every year, certain independent board members also conduct a formal performance evaluation on the acting director and other top management positions.

Other officer or key employee compensation Part VI line 15B

For officers and key employees, certain independent directors match these positions with other similar positions in organizations with similar revenues, structures, and scope. The market ranges for base pay are provided to those independent board members. Those independent board members review this data and approve the ranges to be used by the acting director in determining their base pay. The organization maintains contemporaneous documentation regarding its deliberations and decisions regarding each management compensation arrangement.

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest policy and financial statements are made available upon request, annual tax returns are available on guidestar.org and upon request

Filing and Contact Details

Filer

Filer Name
Open Transformation Lab Inc
EIN
82-3402717
Address
110 Duane St STE 1C, New York, NY 10007

Signing Officer

Name
Abdelrahman Mansour
Title
President
Phone
2027338338
Signed
2024-06-27
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
2

Preparer

Firm
Ayzenberg Consulting LLC
Address
110 Duane Street Suite 1C, New York, NY 10007
Preparer
Daniel Ayzenberg CPA Esq
Phone
6464169555
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

FellowshipsIn OTLs endeavor to create a comprehensive understanding of the misinformation landscape, the Organization collaborated with researchers for content analysis of rumors and false news in the region. This fellowship model offered us the opportunity to access a wider pool of knowledge and expertise. In addition, OTL publishes extended news features on a regular basis, unrelated to its daily work. These pieces were prepared in advance and tackled societal issues such as hate speech, natural disasters, diseases, and elections, providing an in-depth and non-time-sensitive journalistic perspective.

List of other fees for services expenses Part IX line 11G

Communication Officer $34,000 Data Researcher $7,900 Data Scientist $42,000 Editorial Lead $45,650 Editors $82,790 Journalist $6,000 Production Manager $52,800 Researcher $108,600 Social Media Editor $9,800 Translator $2,000 Travel Consultant $6,000 Video Editor $8,900 Video Producer $21,000 Web Developer $24,000 Wellbeing Consultant $9,050

Raw XML Appendix365 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0TechnologyAs 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.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Content 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.
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IRS990/ProgSrvcAccomActy3Grp/Desc0FellowshipsIn OTLs endeavor to create a comprehensive understanding of the misinformation landscape, the Organization collaborated with researchers for content analysis of rumors and false news in the region. This fellowship model offered us the opportunity to access a wider pool of knowledge and expertise. In addition, OTL publishes extended news features on a regular basis, unrelated to its daily work. These pieces were prepared in advance and tackled societal issues such as hate speech, natural disasters, diseases, and elections, providing an in-depth and non-time-sensitive journalistic perspective.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0TrainingThroughout 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization receives majority of its public support from the local and international government and quasi-autonomous non-governmental organizations including UN. The organization operates exclusively for non profit purposes and its 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. BOARD REVIEWS AND DISCUSSES AT IN-PERSON BOARD MEETING, BY TELEPHONE OR VIA EMAIL IF NECESSARY. IT IS EACH BOARD MEMBERS RESPONSIBILITY TO REVIEW THE FORM 990 IN SUFFICIENT DETAIL SO AS TO BRING ANY QUESTIONS OR CONCERNS TO THE TABLE BEFORE ACCEPTANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPEN TRANSFORMATION LAB HAS BOARD MEETINGS ANNUALLY AND ADDITIONALLY AS REQUIRED. AT EACH BOARD MEETING WHERE THE BOARD DISCUSSES ISSUES OR OTHER CORPORATE ACTIONS WHICH MAY INVOLVE CONFLICTS, EACH BOARD MEMBER IS REQUIRED TO DISCLOSE POTENTIAL CONFLICTS. THESE DISCLOSURES ARE THEN REVIEWED FOR ITEMS OF CONFLICT. ITEMS NOTED AS A POTENTIAL CONFLICT, IF ANY, ARE REVIEWED BY THE BOARD, DIRECTORS, OFFICERS, AND, WHERE APPROPRIATE, OUTSIDE LEGAL COUNSEL. APPROPRIATE ACTION IS TAKEN TO ADDRESS THE DISCLOSURES AND TO ENSURE THAT DIRECTORS DO NOT VOTE ON ANY MATTER IN WHICH THEY HAVE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, CERTAIN INDEPENDENT DIRECTORS SURVEY THE MARKETPLACE AND GATHER MARKET DATA ON THE COMPENSATION OF THE ACTING DIRECTOR (THE CEO/EXECUTIVE DIRECTOR) AND OTHER TOP MANAGEMENT POSITIONS. THE ACTING DIRECTOR POSITION AND OTHER TOP MANAGEMENT POSITIONS ARE MATCHED WITH OTHER SIMILAR POSITIONS IN ORGANIZATIONS WITH SIMILAR REVENUES, STRUCTURES, AND SCOPE. FOR THE ACTING DIRECTOR POSITIONS AND OTHER TOP MANAGEMENT POSITIONS, BOTH BASE PAY AND TOTAL COMPENSATION PAY ARE COMPARED. TOTAL COMPENSATION INCLUDES BASE PAY AND BONUS PAY. EVERY YEAR, CERTAIN INDEPENDENT BOARD MEMBERS ALSO CONDUCT A FORMAL PERFORMANCE EVALUATION ON THE ACTING DIRECTOR AND OTHER TOP MANAGEMENT POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR OFFICERS AND KEY EMPLOYEES, CERTAIN INDEPENDENT DIRECTORS MATCH THESE POSITIONS WITH OTHER SIMILAR POSITIONS IN ORGANIZATIONS WITH SIMILAR REVENUES, STRUCTURES, AND SCOPE. THE MARKET RANGES FOR BASE PAY ARE PROVIDED TO THOSE INDEPENDENT BOARD MEMBERS. THOSE INDEPENDENT BOARD MEMBERS REVIEW THIS DATA AND APPROVE THE RANGES TO BE USED BY THE ACTING DIRECTOR IN DETERMINING THEIR BASE PAY. THE ORGANIZATION MAINTAINS CONTEMPORANEOUS DOCUMENTATION REGARDING ITS DELIBERATIONS AND DECISIONS REGARDING EACH MANAGEMENT COMPENSATION ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST, ANNUAL TAX RETURNS ARE AVAILABLE ON GUIDESTAR.ORG AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FellowshipsIn OTLs endeavor to create a comprehensive understanding of the misinformation landscape, the Organization collaborated with researchers for content analysis of rumors and false news in the region. This fellowship model offered us the opportunity to access a wider pool of knowledge and expertise. In addition, OTL publishes extended news features on a regular basis, unrelated to its daily work. These pieces were prepared in advance and tackled societal issues such as hate speech, natural disasters, diseases, and elections, providing an in-depth and non-time-sensitive journalistic perspective.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Communication Officer $34,000 Data Researcher $7,900 Data Scientist $42,000 Editorial Lead $45,650 Editors $82,790 Journalist $6,000 Production Manager $52,800 Researcher $108,600 Social Media Editor $9,800 Translator $2,000 Travel Consultant $6,000 Video Editor $8,900 Video Producer $21,000 Web Developer $24,000 Wellbeing Consultant $9,050
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Abdelrahman Mansour
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Open Transformation Lab Inc
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Ayzenberg CPA Esq
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ReturnHeader/ReturnTs02024-11-15T04:48:54-05:00
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