Civic Intelligence

Pollylabs Foundation

990EZ • Fiscal year 2023 • EIN 92-3614641

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 10, 2024

68 3rd StreetBrooklyn, NY 11231

(646) 369-6740

Siviq Scores

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

Liabilities / Assets

77th percentile

0.12x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.07x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Net Margin

85th percentile

50%

Higher net margin than 85% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$50,258

No earlier filing loaded for comparison.

Net Assets

$44,355

No earlier filing loaded for comparison.

Liabilities

$5,903

No earlier filing loaded for comparison.

Revenue

$87,914

No earlier filing loaded for comparison.

Expenses

$43,559

No earlier filing loaded for comparison.

Net Income

$44,355

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2023: $50,258Liabilities 2023: $5,903Net Assets 2023: $44,3552023Assets 2024: $179,961Liabilities 2024: $3,984Net Assets 2024: $175,9772024

Highlighted filing

2023

Assets$50,258
Liabilities$5,903
Net Assets$44,355

Operations Trend

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

$600K$400K$200K$0Revenue 2023: $87,914Expenses 2023: $43,559Net Income 2023: $44,3552023Revenue 2024: $489,188Expenses 2024: $357,566Net Income 2024: $131,6222024

Highlighted filing

2023

Revenue$87,914
Expenses$43,559
Net Income$44,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 10, 2024
Return Version
2023v5.1
Gross Receipts
$87,914
Mission and Program Overview

Mission

Pollylabs works to exponentially accelerate solutions to the world's most pressing needs through the use of existing technologies.

Program Services

DescriptionGrantsExpenses
RESEARCH: CONDUCTS RESEARCH TO GENERATE UNIQUE INSIGHTS ON SOLVING GLOBAL PROBLEMS WITH TECHNOLOGY, PUBLISHING REPORTS AND OPINION PIECES. THIS PROGRAM DEVELOPED POLLYLABS' THESIS AND THEORY OF CHANGE, DEFINED FOCUS AREAS (HUMANITARIAN AID & ECONOMIC DEVELOPMENT, FOOD SYSTEMS), AND ESTABLISHED PARTNERSHIPS WITH ORGANIZATIONS LIKE THE WORLD ECONOMIC FORUM AND DELOITTE.$0$17,424
INCUBATE: IDENTIFIES AND DEVELOPS TRANSFORMATIVE SOLUTIONS THROUGH A THESIS-DRIVEN PROCESS, INCUBATING VENTURES LIKE CARECO AND FOODCO. IN 2023, THIS PROGRAM INVOLVED SETTING UP THE INCUBATION INFRASTRUCTURE AND HIRING STUDENTS OVER THE SUMMER TO SUPPORT RESEARCH AND PREPARATION FOR VENTURE INCUBATION.$0$17,424
INFLUENCE: ORGANIZES EVENTS, PITCH COMPETITIONS, AND GATHERINGS TO FOSTER COLLABORATION AND CATALYZE MOVEMENT IN THE IMPACT INNOVATION SPACE. THIS INCLUDES PARTICIPATING IN AND PRESENTING AT CONFERENCES LIKE SOCAP, AND PUBLISHING RESEARCH INSIGHTS SUCH AS THE THESIS ON HUMANITARIAN SOLUTIONS AND THE FUTURE SCENARIO REPORT.$0$4,356
ACCELERATE: SUPPORT TO EARLY-STAGE, "ON-THESIS" VENTURES, FOCUSING ON DIVERSE FOUNDERS. IN 2023, THIS PROGRAM SUPPORTED THREE EXISTING IMPACT VENTURES (ASEEL, RE+CONNECT, AND CITIZEN IMPACT) THROUGH CAPACITY SUPPORT, GUIDANCE, MENTORSHIP, AND NETWORK ACCESS.$0$4,354
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BAR PEREGPresidentPT$0--
ELAD SHAPIRASecretry-$0--
SHANI ROKMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Pollylabs Foundation
EIN
92-3614641
Phone
6463696740
Address
68 3RD STREET, BROOKLYN, NY 11231

Signing Officer

Name
Bar Pereg
Title
President
Phone
6463696740
Signed
2024-10-10
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
Laurence Scot Mba CPA
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising & marketeting . Amount: 926. Description: bank fees . Amount: 266. Description: meeting. Amount: 1,191. Description: insurance . Amount: 413. Description: learning & development . Amount: 800. Description: meals & entertainment . Amount: 1,173. Description: office supplies . Amount: 1,213. Description: other program cost . Amount: 615. Description: payroll taxes . Amount: 2,281. Description: travel. Amount: 1,185. Description: fiscal sponsor fees . Amount: 4,018. Total to form 990-ez, line 16: 14,081.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued expenses . Beg. Of year amount: 0. End of year amount: 5,903.

Raw XML Appendix145 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1INFLUENCE: ORGANIZES EVENTS, PITCH COMPETITIONS, AND GATHERINGS TO FOSTER COLLABORATION AND CATALYZE MOVEMENT IN THE IMPACT INNOVATION SPACE. THIS INCLUDES PARTICIPATING IN AND PRESENTING AT CONFERENCES LIKE SOCAP, AND PUBLISHING RESEARCH INSIGHTS SUCH AS THE THESIS ON HUMANITARIAN SOLUTIONS AND THE FUTURE SCENARIO REPORT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2INCUBATE: IDENTIFIES AND DEVELOPS TRANSFORMATIVE SOLUTIONS THROUGH A THESIS-DRIVEN PROCESS, INCUBATING VENTURES LIKE CARECO AND FOODCO. IN 2023, THIS PROGRAM INVOLVED SETTING UP THE INCUBATION INFRASTRUCTURE AND HIRING STUDENTS OVER THE SUMMER TO SUPPORT RESEARCH AND PREPARATION FOR VENTURE INCUBATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3ACCELERATE: SUPPORT TO EARLY-STAGE, "ON-THESIS" VENTURES, FOCUSING ON DIVERSE FOUNDERS. IN 2023, THIS PROGRAM SUPPORTED THREE EXISTING IMPACT VENTURES (ASEEL, RE+CONNECT, AND CITIZEN IMPACT) THROUGH CAPACITY SUPPORT, GUIDANCE, MENTORSHIP, AND NETWORK ACCESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING & MARKETETING . AMOUNT: 926. DESCRIPTION: BANK FEES . AMOUNT: 266. DESCRIPTION: MEETING. AMOUNT: 1,191. DESCRIPTION: INSURANCE . AMOUNT: 413. DESCRIPTION: LEARNING & DEVELOPMENT . AMOUNT: 800. DESCRIPTION: MEALS & ENTERTAINMENT . AMOUNT: 1,173. DESCRIPTION: OFFICE SUPPLIES . AMOUNT: 1,213. DESCRIPTION: OTHER PROGRAM COST . AMOUNT: 615. DESCRIPTION: PAYROLL TAXES . AMOUNT: 2,281. DESCRIPTION: TRAVEL. AMOUNT: 1,185. DESCRIPTION: FISCAL SPONSOR FEES . AMOUNT: 4,018. TOTAL TO FORM 990-EZ, LINE 16: 14,081.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-10
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ReturnHeader/ReturnTs02024-10-10T12:59:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings