2020-02-14T01:46:59-07:00 2019-06-30 990 2018-07-01 201148452 Digital Divide Data DIGI 2124613700 266 West 37th street suite 803 New York NY 10018 Wolfgang Mueller Chief Financial Officer 2124613703 2020-02-14 93.229.242.217 2018 2020-09-23 17:36:50Z Wolfgang Mueller 266 West 37th street suite 803 New York NY 10018 2406022 0 X www.digitaldividedata.org X 2004 CA Digital Divide Data's mission is to create better futures for disadvantaged youth through employment in our financially sustainable business. 9 7 3 0 118740 0 1642643 1973930 1180524 402775 3971 29298 0 19 2827138 2406022 276184 289140 0 0 1500468 727625 0 0 178364 471101 270934 2247753 1287699 579385 1118323 8099072 9364423 426101 392078 7672971 8972345 Digital Divide Data's mission is to create better futures for disadvantaged youth through employment in our financially sustainable business. 0 0 1046436 289140 2406022 DDD provides grants and concessionary loans to support training, education and employment of disadvantaged youth, primarily but not exclusively in Cambodia, Laos and Kenya. 0 0 0 1046436 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 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 8 0 1 3 1 1 1 1 CB 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA NY X X Jeremy Hockenstein 2124613703 115 West 30th Street Suite 400 New York NY 10001 Koji Osawa Audit committee chair 1.5 0 X 0 0 0 Sari Miller Board member 1 0 X 0 0 0 Irving Levin Board Chair 5 1 X X 0 0 0 Jaeson Rosenfeld Board member 1 0 X 0 0 0 Dhiren Rawal Board member 1 0 X 0 0 0 Sarah Martin Board member 1 0 X 0 0 0 Robert Shultz Board member 1 0 X 0 0 0 Stefan Kappeler Board member 1 0 X 0 0 0 Jeremy Hockenstein Chief Executive Officer 40 0 X X X X 228854 0 50000 Wolfgang Mueller Chief Financial Officer 40 0 X X 224800 0 47648 Gabor Toth Chief Operating Officer 0 40 X X 0 0 129000 Sameer Raina President Digital Divide Data Ventures LLC 40 X 0 223200 0 Cindy Gallagher CEO of Liberty Source PBC 0 40 X 0 197115 3204 Robert Siegel President of Liberty Source PBC 0 40 X 0 223673 4401 453654 643988 234253 4 1 1 0 0 0 0 0 0 1973930 108177 1973930 402775 284035 118740 0 402775 29298 29298 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 19 0 0 19 2406022 313352 118740 0 0 0 0 0 289140 289140 0 0 511730 350041 53896 107793 0 0 0 0 149124 149124 0 0 0 0 0 0 43100 22968 6711 13421 23671 16796 2292 4583 0 0 0 0 499 499 0 0 1145 1145 0 0 0 0 0 0 0 0 0 0 0 0 3780 3780 0 0 7281 7281 0 0 62094 62094 0 0 4197 4197 0 0 0 0 0 0 27127 27127 0 0 22899 22899 0 0 0 0 0 0 0 0 0 0 3620 3620 0 0 0 0 0 0 4798 4798 0 0 12113 12113 0 0 Planning 64716 12149 0 52567 Capacity building 37360 37360 0 0 Program social benefits 16069 16069 0 0 3236 3236 0 0 1287699 1046436 62899 178364 25028 58236 0 0 0 0 663333 636453 0 0 0 405750 629027 0 0 86578 84294 1735731 1731563 30153 4168 0 0 6082921 5977486 0 805309 1974759 8099072 9364423 136501 203957 0 0 0 0 185599 138474 104001 49647 426101 392078 X 7672973 8972345 -2 0 0 0 7672971 8972345 8099072 9364423 X 1118323 -82266 0 0 68938 194379 X 0 1 X 1 0 X 2692279 2687431 1892448 1642643 1973930 10888731 3935167 3983220 4214229 1180524 402775 13715915 72592 29056 28321 3971 29298 163238 6700038 6699707 6134998 2827138 2406003 24767884 407550 441518 469000 575000 1360798 3253866 2437671 2604794 3151573 1180524 402775 9777337 2845221 3046312 3620573 1755524 1763573 13031203 11736681 0 0 0 0 0 0 0 0 0 0 6700038 6699707 6134998 2827138 2406003 24767884 0.47387 0.51310 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 63145 0 63145 0 557317 0 553149 4168 1115269 0 1115269 0 4168 Investment in GLobal PBC 5834103 C Investment in DDD Laos 143383 C 5977486 Investment in Liberty Source 731380 Pledge receivable 700000 Short term loan to related parties 475000 Short term loan to unrelated parties 50000 Inter-company interests receivable 12726 Loans to employees 4716 Withholding tax 791 Others 146 1974759 0 Severance paid accrued 34822 Credit cards payable 10622 Salary tax payable 1159 Interests payable 746 Other liabilities 2298 49647 1 South Asia 1 7 Program Services Runs DDD's IT training and services 195723 Sub-Saharan Africa 0 0 Grantmaking DDD provides grants and concessionary loans to support training, education and employment of disadvantaged youth, primarily but not exclusively in Cambodia, Laos and Kenya 229141 South Asia 0 0 Grantmaking DDD provides grants and concessionary loans to support training, education and employment of disadvantaged youth, primarily but not exclusively in Cambodia, Laos and Kenya 60000 1 7 484864 South Asia Run DDD Social mission 60000 Bank transfer 0 0 Sub-Saharan Africa Run DDD social mission 200000 Bank transfer 0 Sub-Saharan Africa Education loan program 19141 Bank transfer 0 Sub-Saharan Africa Education loan program 10000 Bank transfer 0 0 4 0 0 0 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 X X X 0 0 1 0 0 0 0 1 0 Jeremy Hockenstein Chief Executive Officer 189027 0 0 0 39827 0 0 0 50000 0 278854 0 0 0 Wolfgang Mueller Chief Financial Officer 176748 0 21500 0 26552 0 0 0 47648 0 272448 0 0 0 Sameer Raina President 0 188200 0 35000 0 0 0 0 0 0 0 223200 0 0 Cindy Gallagher CEO of Liberty Source PBC 0 197115 0 0 0 3204 0 0 0 0 0 200319 0 Robert Siegel President of Liberty Source PBC 0 223673 0 0 0 4401 0 0 0 0 0 228074 0 0 Schedule J, Part I, Line 3 DDD has an annual bonus plan for managers. They are eligible to earn a portion of their salary depending on realizing specific goals Schedule J, Part I, Line 4 In January 2018, Digital Divide Data transferred 3,000 shares of Liberty Source PBC to Jeremy Hockenstein at a total value of $39,827 and 2,000 shares to Wolfgang Mueller at a total value of $26,552. These shares were previously held by Digital Divide Data. The transfer is a one-time incentive based compensation scheme for their performance to improve the performance and the value of Liberty Source. Also, Cindy Gallagher and Robert Siegel received option grants from Liberty Source PBC. In the reporting period these amount to $3,204 for Cindy Gallagher and $4,401 for Robert Siegel. Schedule J, Part I, Line 7 DDD has an annual bonus plan for managers. They are eligible to earn a portion of their salary depending on realizing specific goals X Networking Hardware 2 108177 Cost 0 0 1 0 Form 990, Part VI, Section B, Line 11b The form 990 was sent to the board for any comments Form 990, Part VI, Section B, Line 12c The disclosure statement is distributed to the board and collected Form 990, Part VI, Section B, Line 15 When engaging the current CEO in a full-time capacity in 2007, the board delegated compensation negotiations to a sub-committee, including the chair of the finance/audit/compensation committee. This committee of independent directors has discussion among itself and with the CEO and then reports back to the full board on the compensation. Every year the compensation of the CEO and key employees is reviewed. This review looks at outside data sources for comparable organizations. Form 990, Part VI, Section C, Line 19 They are available upon request Form 990, Part XI, Line 9 $194,379 correspond to the net impact of the release of deferred in-kind donations. These entries create a favorable P&L Impact while being a reclass between different net assets categories, thus having no impact on net assets balance. Digital Divide Data Ventures LLC 266 West 37th suite 803 New York NY 10018 272476485 Create educational and vocational opportunities for disadvantaged youth DE -581469 8624989 DDD Global PBC DDD Global PBC 266 West 37th suite 803 New York NY 10018 822430017 Create educational and vocational opportunities for disadvantaged youth DE Digital Divide Data 501c C 201 5834102 1 0 Liberty Source PBC 355 Fenwick Road Hampton VA 23651 471149622 Facilitate the creation of sustainable jobs and educational opportunities for individuals in USA DE Digital Divide Data 501c C -857185 1900531 0.9048 0 DDD KENYA LTD Paramount Plaza 7th floor PO BOX 4282 Nairobi KE Create educational and vocational opportunities for disadvantaged youth KE Digital Divide Data Ventures LLC C -144711 1242578 1 0 DIGITAL DIVIDE DATA (CAMBODIA) INC 559 St 271 Sangkat Tuol Tom PoungII Khan Chamkar Mon Phnom Penh CB Provide training and employment opportunities to disadvantaged youth through Data Processing Service CB Digital Divide Data Ventures LLC C -36856 1967107 1 0 DDD Laos Co Ltd Unit 56 Ban Tanmixay Xaythany district PO BOX 315 Vientiane Capital LA Provide training and employment opportunities to disadvantaged youth through Data Processing Service LA Digital Divide Data Ventures LLC C -46264 235403 1 0 1 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 DDD Global PBC a-i 28509 Cost DDD Global PBC d 250000 Cost DDD Global PBC l 295881 Staff salary cost for the time spent on advisory services, HR and finance support Liberty Source PBC a-i 768 Cost Liberty Source PBC b 255946 Cost Liberty Source PBC d 200000 Cost Liberty Source PBC l 118740 Staff salary cost for the time spent on advisory services DDD KENYA LTD b 200000 Cost DDD KENYA LTD d 47133 Cost DDD Laos Co Ltd b 60000 Cost