2024-04-27T21:52:30-07:00 2023-06-30 990 2022-07-01 201148452 DIGITAL DIVIDE DATA DIGI 2124613703 45 West 36th Street 8th Floor New York NY 10018 Jeremy Hockenstein CEO 6174924180 2024-04-19 Jeremy Hockenstein 999009999 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z X Jeremy Hockenstein 45 West 36th Street 8th Floor New York NY 10018 1786189 0 X www.digitaldividedata.com X 2004 CA DIGITAL DIVIDE DATA WAS ESTABLISHED TO CREATE A BETTER FUTURE FOR DISADVANTAGED YOUTH THROUGH EMPLOYMENT AND EDUCATION. THROUGH ITS HIGH IMPACT WORK-STUDY PROGRAMS, ASSOCIATES ARE EMPLOYED AND SUPPORTED TO COMPLETE THEIR HIGH SCHOOL DIPLOMA OR COLLEGE DEGREE. IN ADDITION, THROUGH THE ORGANIZATION'S EDUCATIONAL PROGRAMS, ASSOCIATES ARE PROVIDED WITH SKILLS TO EQUIP THEM FOR LONG-TERM EMPLOYABILITY. INITIALLY STARTED IN CAMBODIA IN 2001, IT HAS SINCE EXPANDED ITS PROGRAMS TO LAOS AND KENYA 10 7 2 0 0 0 1371074 1639555 208423 70668 3663423 75966 0 0 5242920 1786189 2959761 5605634 0 0 690243 258890 0 0 217369 392599 351170 4042603 6215694 1200317 -4429505 17410040 12837981 532674 390120 16877366 12447861 DIGITAL DIVIDE DATA WAS ESTABLISHED TO CREATE A BETTER FUTURE FOR DISADVANTAGED YOUTH THROUGH EMPLOYMENT AND EDUCATION. THROUGH ITS HIGH IMPACT WORK-STUDY PROGRAMS, ASSOCIATES ARE EMPLOYED AND SUPPORTED TO COMPLETE THEIR HIGH SCHOOL DIPLOMA OR COLLEGE DEGREE. IN ADDITION, THROUGH THE ORGANIZATION'S EDUCATIONAL PROGRAMS, ASSOCIATES ARE PROVIDED WITH SKILLS TO EQUIP THEM FOR LONG-TERM EMPLOYABILITY. INITIALLY STARTED IN CAMBODIA IN 2001, IT HAS SINCE EXPANDED ITS PROGRAMS TO LAOS AND KENYA. 0 0 5647877 5605334 0 DDD PROVIDES GRANTS AND CONCESSIONARY LOANS TO SUPPORT TRAINING, EDUCATION AND EMPLOYMENT OF DISADVANTAGED YOUTH, PRIMARILY BUT NOT EXCLUSIVELY IN CAMBODIA, LAOS AND KENYA. IN ADDITION, DDD PROVIDES TRAINING (INCLUDING ENGLISH, IT AND SOFT SKILLS) AND IN CAMBODIA OPERATES ITS OWN SCHOOL. 0 0 0 5647877 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 2 1 0 1 CB 0 0 0 0 0 0 X 10 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X Sameer Raina 6174924180 45 West 36th Street 8th Floor New York NY 10018 Sameer Raina President and Director 1 39 X X 0 217500 0 Steven Larson COO 0 40 X 0 198352 0 Jan-Maarten Mulder CFO and Director 40 0 X X 195520 0 0 Aaron Bianchi Director, Machine Learning Solutions 0 40 X 0 140000 0 Jacqueline Tannenbaum Director, Partnerships 0 40 X 0 137143 0 Matthew Jackson Director, Marketing and Demand Generation 0 40 X 0 135000 0 Jeremy Hockenstein Board Chair and CEO 20 0 X X 130115 0 0 Eleanor Salumbre Secretary and Controller 1 39 X 0 103484 0 Divyata Ashiya Director 1 0 X 0 0 0 Stefan Kappeler Director 1 0 X 0 0 0 Kay Lot Director 1 0 X 0 0 0 Anne Njuki Director 1 0 X 0 0 0 Jaeson Rosenfeld Director 1 0 X 0 0 0 Robert Shultz Director 1 0 X 0 0 0 Alex Jaimes Director 1 X 0 0 0 325635 931479 0 2 0 1 0 0 0 0 0 0 0 1639555 0 1639555 Shared Services 561000 70668 70668 0 0 0 0 0 0 70668 75966 0 0 75966 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1786189 70668 0 75966 1153000 1153000 0 0 4452634 4452634 217519 0 66156 151363 7427 0 0 7427 26373 8250 0 18123 7571 0 0 7571 173882 0 173882 0 51130 12130 38400 600 4839 0 0 4839 36802 0 36802 0 15250 15250 0 0 25564 0 0 25564 2583 2583 0 0 1459 0 0 1459 423 0 0 423 25990 0 25990 0 This includes intercompany service expenses, staff survey costs bank fees and recruitment expenses 13248 4030 9218 0 6215694 5647877 350448 217369 4040385 3519555 41756 37988 94537 94537 424 0 8883655 8565389 4443820 715049 17410040 12837981 89328 84426 298966 298966 140034 6724 4346 4 532674 390120 X 16877366 12447861 0 0 16877366 12447861 17410040 12837981 -4429505 0 0 0 0 0 X 0 1 X 1 0 X 1973930 3771984 2608820 1371074 1639555 11365363 1973930 3771984 2608820 1371074 1639555 11365363 2312138 9053225 224 13589 75966 89779 11455142 0.79032 0.6905 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 92612 92612 0 0 1925 1925 0 0 Investment in DDD Global PBC 5834102 C Loan to DDD Ventures LLC 2183500 C Loan to DDD Kenya 245573 C Interest Receivable 302214 C 8565389 Due from related Organizations 712549 Rent Deposits 2500 715049 0 Due to related organization 4 4 X 1639555 0 0 0 0 0 1639555 75966 70668 146634 1786189 6215694 0 0 0 0 0 6215694 0 0 0 6215694 Schedule D, Part X, Line 2 The Organization follows the guidance of ASC 740, accounting for income taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Management has concluded that there are no such uncertain tax positions for the Organization for the years ended June 30 2023 and 2022. Schedule D, Part XI, Line 4b This pertains to shares services (intercompany services) provided by DDD to its controlled entities. 1 East Asia and the Pacific 1 7 Program Services Grants to recipients located in the region for operational support for its program services. 4315134 Sub-Saharan Africa 0 0 Program Services Grants to recipient located in the region for operational support. 137500 1 7 4452634 East Asia and the Pacific Operate DDD's social impact programs. 378005 Bank Transfer 0 Book Sub-Saharan Africa Operate DDD's Social Impact progams. 137500 Bank Transfer 0 Book East Asia and the Pacific Operate DDD's Social Impact programs 0 3917129 Intercompany loan forgiveness impacting lives of disadvantaged youth through employment and employability. Book 3 0 0 0 1 0 0 0 Schedule F, Part I, Line 2 All activities are overseen by the Organization's Board of Directors through the CEO, who leads the Management Team. The Grantee will provide proof confirming use of the funds in accordance with the requirements of the Grant Agreement by providing a report no later than sixty (60) days following the end of the term reported in the Grant Agreement. The report will describe compliance with the terms of the Grant Agreement, including the expenditure allocation, and progress made in accomplishing the aims of the social impact programs, and will provide financial information detailing the expenditures. 1 Digital Divide Data Ventures LLC 45 W 36th Street 8th Floor New York NY 10018 822430017 0 1153000 Book Forgivenss of intercompany loan Impacting lives of 2,300 youth through employment and employability training. 0 1 Schedule I, Part I, Line 2 Digital Divide Data Ventures LLC is controlled by Digital Divide Data. The close relationship between organizations serves to monitor the use of the funds. X X X 0 0 0 0 0 0 0 0 0 Jeremy Hockenstein Board Chair and CEO 114515 0 0 0 0 0 0 0 15600 0 130115 0 0 0 Jan-Maarten Mulder CFO and Director 195520 0 0 0 0 0 0 0 0 0 195520 0 0 0 Sameer Raina President and Director 0 217500 0 0 0 0 0 0 0 0 0 217500 0 0 Steven Larson COO 0 198352 0 0 0 0 0 0 0 0 0 198352 0 0 Form 990, Part VI, Section B, Line 11b The Board reviewed the return prior to filing. Form 990, Part VI, Section B, Line 12c The conflict of interest of Digital Divide Data requires that any Director, Officer of Executive of DDD and any member of any committee of DDD that has governing board delegated powers must disclose any actual or possible conflict of interest as defined in the policy. Each Director, Officer, Executive and member of such a committee shall complete this statement of compliance annually and submit it tot eh Char of the Board of DDD. In addition, each Director, Officer, Executive and Member of such a Committee has a continuing responsibility to advise the Chair of the Board of DDD of any additional personal or financial interests they undertake that may present a conflict of interest as so defined. Form 990, Part VI, Section B, Line 15 The Board Compensation Committee reviews the compensation of the CEO and Top Managers regularly, most recently in February 2023 the Board reviewed this Compensation. Form 990, Part VI, Section C, Line 19 Governing documents, Conflict of Interest Policy and Financial Statements are available upon request. DIGITAL DIVIDE DATA CAMBODIA NON-PROFIT 559 ST 271 Phnom Penh CB Run technology school training program CB Digital Divide Data 1 DDD GLOBAL PBC 45 West 36th Street 8th Floor New York NY 10018 822430017 Create educational and vocational opportunities DE Digital Divide Data C 8018905 8840027 1 1 DIGITAL DIVIDE DATA KENYA LTD PARAMOUNT PLAZA 7TH FLOOR PO BOX 42 Nairobi KE Create educational and vocational oppotunities KE DDD Ventures LLC C 1718580 750881 1 1 DIGITAL DIVIDE DATA (CAMBODIA) INC 559 ST 271 Phnom Penh CB Provide training and employment CB DDD Ventures LLC C 2541993 416491 1 1 DIGITAL DIVIDE DATA CO LTD (Laos) PO BOX 315 Vientiane LA Provide training and employment LA DDD Ventures LLC C 770512 451636 1 1 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 DIGITAL DIVIDE DATA KENYA LTD d 245573 Amount based on book value DDD GLOBAL PBC d 2894052 Amount based on book value DIGITAL DIVIDE DATA CO LTD (Laos) d 5145 Amount based on book value DIGITAL DIVIDE DATA CAMBODIA NON-PROFIT b 4247634 Cost DIGITAL DIVIDE DATA KENYA LTD b 137500 Cost DIGITAL DIVIDE DATA CO LTD (Laos) b 67500 Cost DDD GLOBAL PBC l 70668 Cost Schedule R, Part V, Line 1b DDD provided grants to support training, education and employment of disadvantaged youth in Cambodia, Laos and Kenya. The high impact work study programs are meant to equip the associates for long-term employability. Schedule R, Part V, Line 1d DDD provides concessionary loan to support training, education and employment of disadvantaged youth in Cambodia, Laos and Kenya. Schedule R, Part V, Line 1l DDD provides shared services to the related organizations.