Garbo Technology Corp
- Assets
- $865.3k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 9
- Location
- New York, NY
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 84-2425392
Organization Overview
Garbo Technology Corp is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Garbo Technology Corp employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garbo Technology Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PROACTIVELY PREVENT HARM IN THE DIGITAL AGE THROUGH TECHNOLOGY, TOOLS, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPED BY EXPERTS, ADVOCATES, AND SURVIVORS, GARBO'S TECHNOLOGY INCLUDES THE FASTEST AND MOST AFFORDABLE NEW KIND OF ONLINE BACKGROUND CHECK WEB APPLICATION THAT'S FOCUSED ON THE REPORTING OF VIOLENT AND HARMFUL BEHAVIOR.GARBO ALSO OFFERS FREE EDUCATIONAL CONTENT INCLUDING INTERACTIVE QUIZZES, OUR PODCAST, RECKONING, WHERE WE DISCUSS SAFETRY IN THE DIGITAL AGE WITH EXPERTS, AND ARTICLES ABOUT SAFETY TIPS AND HEALTHY RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Kosmides Director, CEO | OfficerTrustee | 60 | $119,686 |
Anthony Bu Head Of Engineering | 60 | $112,595 | |
Rachel Lebby Director, Sec (through May 2021) | OfficerTrustee | 5 | $19,801 |
Jessica Luckett Director | Trustee | 1 | $6,700 |
Pallavi Sud Director, Treasurer | OfficerTrustee | 5 | $0 |
Priyanka Arya Director, Treas. (through Nov 2021) | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,270,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,270,251 |
| Total Program Service Revenue | $150,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,420,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,770 |
| Compensation of current officers, directors, key employees. | $13,576 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $217,264 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,284 |
| Payroll taxes | $28,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,546 |
| Fees for services: Accounting | $5,196 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,896 |
| Advertising and promotion | $17,491 |
| Office expenses | $2,663 |
| Information technology | $63,089 |
| Royalties | $0 |
| Occupancy | $22,006 |
| Travel | $1,564 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,004 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,818 |
| All other expenses | $248 |
| Total functional expenses | $649,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,932 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $260,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,693 |
| Other assets | $0 |
| Total assets | $865,272 |
| Accounts payable and accrued expenses | $36,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,500 |
| Net assets without donor restrictions | $828,772 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $865,272 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Garbo Technology Corp has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keep Them Safe Foundation Inc Brooklyn, NY | $7,556,838 | $4,562,410 |
International Isocyanate Institute Inc Mountain Lakes, NJ | $4,447,696 | $4,975,099 |
Rostraver West Newton Ems Belle Vernon, PA | $4,144,119 | $3,922,613 |
National Council For Occupational Safety And Health Somerville, MA | $1,351,625 | $1,436,200 |
Delaware Valley Safety Council Inc Swedesboro, NJ | $588,664 | $884,015 |
American Maritime Safety Inc White Plains, NY | $538,126 | $774,599 |
Brain Injury Association Of Pennsylvania Inc Chambersburg, PA | $364,691 | $858,546 |
Garbo Technology Corp New York, NY | $865,272 | $1,420,251 |
Lancaster Community Safety Coalition Lancaster, PA | $1,590,330 | $1,480,108 |
Home Fire Sprinkler Coalition Inc Quincy, MA | $236,056 | $549,156 |
Mlac Inc Pittsburgh, PA | $512,292 | $585,892 |
Soufan Center Inc New York, NY | $430,010 | $914,871 |