Nonprofit · EIN 92-3614641
POLLYLABS FOUNDATION
Tax-exempt · NEW YORK, NY 10023
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $489,188 | $357,566 | $131,622 | $179,961 | $3,984 | $175,977 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $489,188
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $71,604
- Other salaries and wages
- $162,607
- Salaries, compensation and benefits (total)
- $253,751
- Professional fundraising fees
- $0
- Legal fees
- $29,444
- Accounting fees
- $3,213
- Occupancy
- $6,750
- Travel
- $12,991
- Program services (functional)
- $255,491
- Management and general (functional)
- $79,941
- Fundraising (functional)
- $22,134
Balance sheet and other
- Total assets, start of year
- $50,258
- Total assets, end of year
- $179,961
- Total liabilities, end of year
- $3,984
- Net assets, end of year
- $175,977
- Net assets without donor restrictions
- $175,977
- Gross receipts
- $489,188
- Employees
- 3
- Volunteers
- 3
- Year formed
- 2023
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BAR PEREG | PRESIDENT & EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $71,604 |
| SHANI ROKMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| ELAD SHAPIRA | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1900 BROADWAY FL 6, NEW YORK, NY 10023-7028
- In care of
- % BAR PEREG
- Principal officer (990 for 2024)
- BAR PEREG, 68 3RD STREET, BROOKLYN, NY 11231
- Signed the 990
- BAR PEREG, PRESIDENT
- Phone
- (646) 369-6740
- Return prepared by
- PRAGER METIS CPAS LLC
Mission
POLLYLABS WORKS TO EXPONENTIALLY ACCELERATE SOLUTIONS TO THE WORLD'S MOST PRESSING NEEDS THROUGH THE USE OF EXISTING TECHNOLOGIES.
Program accomplishments
- REPURPOSING TECHNOLOGY FOR GOOD UTILIZE THEIR FUNDING TO HELP RELAUNCH EXISTING TECHNOLOGY VENTURES THROUGH THE FOUNDATION'S UNIQUE INCUBATION PROCESS, WHERE THEY ADDRESS THE URGENT, SOLVABLE PROBLEMS AND PROVIDE SUPPORT IN ORDER FOR THE TECHNOLOGIES TO ACHIEVE SCALE.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.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.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.Expenses $255,491 · grants $25,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-3614641
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $179,961
- Income (IRS master file)
- $489,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990-EZ | December 2023 | $87,914 | $43,559 | $50,258 | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about POLLYLABS FOUNDATION
- What is the EIN of POLLYLABS FOUNDATION?
- The employer identification number (EIN) of POLLYLABS FOUNDATION is 92-3614641.
- Is POLLYLABS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to POLLYLABS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POLLYLABS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POLLYLABS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POLLYLABS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of POLLYLABS FOUNDATION?
- The 990 for the year ended December 31, 2024 names BAR PEREG.
- Who are the officers and directors of POLLYLABS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $71,604 (BAR PEREG, PRESIDENT & EXECUTIVE DIRECTOR).
- How much revenue does POLLYLABS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $489,188, expenses of $357,566 and total assets of $179,961 at year end.
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