Overview
What is Open Transformation Lab Inc?
Open Transformation Lab Inc, based in New York City, New York, is a nonprofit organization that leverages technology to fulfill its mission. Their primary goal is to combat disinformation and propaganda, offering reliable information about events in the Middle East. They have significantly expanded their digital presence, updating their websites and increasing engagement on social media platforms such as Instagram, YouTube, Facebook, and TikTok. Their strategic use of technology has helped them reach a broader audience, amassing a million followers across their social media platforms. With a modest workforce of one individual, Open Transformation Lab Inc continues to advocate for trusted content in the digital age.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Open Transformation Lab Inc has achieved an impressive 94% rating from Charity Navigator, signifying strong accountability and financial health. This high score reflects the organization's commitment to transparency and effective financial practices, as it scored exceptionally well in all evaluated categories. With a focus entirely on Accountability & Finance, the charity demonstrates robust governance and operational integrity.
The organization boasts an independent board with 80% of its members being independent, which enhances its oversight and decision-making processes. Additionally, Open Transformation Lab Inc has maintained a perfect score in financial statements and has measures in place to prevent conflicts of interest, demonstrating a commitment to ethical operations. The liabilities to assets ratio of 1.33% indicates sound financial management, ensuring that the charity is not over-leveraged and can sustain its programs.
However, while the organization excels in accountability and financial ratios, further details on its programmatic impact and community engagement could provide a more comprehensive view of its effectiveness. Overall, Open Transformation Lab Inc stands out for its responsible financial stewardship and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Open Transformation Lab Inc legitimate?
Open Transformation Lab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Transformation Lab Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $121,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Open Transformation Lab Inc?
Open Transformation Lab Inc's mission is centered around combating misinformation and propaganda, providing a platform for trusted content related to events in the Middle East. Their strategy involves utilizing technology, expanding their digital footprint across various applications and social media platforms like Instagram, YouTube, Facebook, and TikTok. This allows them to disseminate information more effectively, reaching a larger audience and fostering greater engagement. Ultimately, their goal is to offer a reliable source of information about Middle Eastern events, promoting transparency and accuracy.
Who is the CEO of Open Transformation Lab Inc?
Abdelrahman Mansour is the President of Open Transformation Lab Inc.
What is the revenue of Open Transformation Lab Inc?
Open Transformation Lab Inc's revenue in 2022 was $747,883.
Who are the executives of Open Transformation Lab Inc and what are their salaries?
The average compensation at Open Transformation Lab Inc during 2022 was $121,763. There is 1 employee at Open Transformation Lab Inc.
Here are 5 key members and their salaries:
- Compensation: $121,002
- Related: $0
- Other: $13,403
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Open Transformation Lab Inc?
Open Transformation Lab Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Transformation Lab Inc
Open Transformation Lab Inc, a nonprofit organization, is dedicated to combating disinformation and propaganda in the Middle East. Its primary mission is to offer a reliable source of trusted content about the ongoing events in the region. By utilizing technology as a strategic tool, Open Transformation Lab Inc has expanded its digital presence across various platforms, including websites and social media platforms such as Instagram, YouTube, Facebook, and TikTok. This technological approach allows the organization to disseminate information more effectively, reaching a broader audience and fostering increased engagement. As a result of its successful digital strategy, Open Transformation Lab Inc now boasts a substantial following of over a million followers across its social media platforms.
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Impact
July, 2024
Open Transformation Lab Inc has successfully leveraged technology to expand its reach and impact in countering disinformation and propaganda, particularly focusing on events in the Middle East. Through strategic digital initiatives, including an increased presence on various social media platforms like Instagram, YouTube, Facebook, and TikTok, the organization has effectively disseminated trusted content to a broad audience. With a million followers across its social media platforms, Open Transformation Lab Inc is actively engaging with individuals seeking reliable information amidst the backdrop of misinformation. This concerted effort is instrumental in fostering greater awareness, understanding, and discernment among the public regarding critical issues in the Middle East.
This information is meant to be a general summary of Open Transformation Lab Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $747,883
Assets and Liabilities:
- Total Assets: $250,660
- Total Liabilities: $3,349
- Net Assets: $247,311
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Organization Details
Founding Year
2018
Principal Officer
Abdelrahman Mansour
Main Address
110 Duane St STE 1C, New York, NY, 10007
NTEE Category
Code: U42 - Science research
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