World Peace Through Technology Org

EIN: 943350509 501(c)(3)

Vallejo, CA

Total Revenue
$51,736
Total Expenses
$115,943
Total Assets
$153,747
Net Assets
$153,747
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
Michael ORourke
Tax Period
2019-01-01 to 2019-12-31

World Peace Through Technology Org, founded in 2000, is a micro nonprofit that reported $52K in total revenue in fiscal year 2019. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 124% operating deficit.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $59,969

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...

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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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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $20,000
Program Service Revenue $0
Investment Income $10
Other Revenue $31,726
TOTAL REVENUE $51,736

Expense Breakdown

Grants Paid $59,969
Salaries & Benefits $28,566
Fundraising Expenses $0
Program Expenses $59,969
Other Expenses $27,408
TOTAL EXPENSES $115,943

Year-over-Year Comparison

2019 2018 Change
Revenue $51,736 $90,070 -0.4%
Expenses $115,943 $140,428 -0.2%
Net Income $-64,207 $-50,358 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Olsen President 4.00
Officer Director
$0 $0 $0
Justin Weiner Director 4.00
Director
$0 $0 $0
Peter Bartsch Director 2.00
Director
$0 $0 $0
Michael Gosney Director 2.00
Director
$0 $0 $0
Austin Lambe Director 2.00
Director
$0 $0 $0
Michael ORourke Executive Director 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $51,736 $115,943 $153,747 $-64,207
2018 $90,070 $140,428 $217,954 $-50,358
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