2023-11-15T13:07:23-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-01-01 810779400 PRECISION DEVELOPMENT INC PREC 9787991331 1150 WALNUT STREET 2ND FLOOR NEWTON MA 02461 OWEN BARDER CHIEF EXECUTIVE OFFICER 9787991331 2023-11-14 1 OWEN BARDER 999009999 0 DANIELLE NIHILL P01350943 7819821001 2023-11-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z OWEN BARDER 1150 WALNUT STREET 2ND FLOOR NEWTON MA 02461 4189576 0 X HTTPS://PRECISIONDEV.ORG/ X 2015 MA OUR MISSION IS TO SUPPORT SMALLHOLDER FARMERS 5 3 26 3 0 0 7444728 3903110 290082 277809 3360 8592 0 65 7738170 4189576 0 0 0 0 5054543 5512825 0 0 276480 2143863 2767649 7198406 8280474 539764 -4090898 6538022 2259196 330869 125595 6207153 2133601 X OUR MISSION IS TO SUPPORT SMALLHOLDER FARMERS IN DEVELOPING COUNTRIES BY PROVIDING CUSTOMIZED INFORMATION AND SERVICES THAT INCREASE PRODUCTIVITY, PROFITABILITY, AND ENVIRONMENTAL SUSTAINABILITY 0 0 7211775 0 277809 PRECISION DEVELOPMENT(PXD) IS A NON-PROFIT ORGANIZATION WITH A MISSIONTO SUPPORT PEOPLE LIVING IN EXTREME POVERTY BY PROVIDING CUSTOMIZEDDIGITAL INFORMATION AND SERVICES THAT INCREASE PRODUCTIVITY,PROFITABILITY, AND ENVIRONMENTAL SUSTAINABILITY. WE ARE PIONEERING ANEW MODEL FOR DIGITAL DEVELOPMENT: REACHING SMALLHOLDER FARMERS ANDOTHER USERS WITH PERSONALIZED ADVICE THROUGH THEIR MOBILE PHONES. WECOLLABORATE WITH IN-COUNTRY PARTNERS, GOVERNMENTS, AND MULTILATERALINSTITUTIONS TO REACH USERS AT SCALE WITH MOBILE-BASED PERSONALIZEDADVICE, AND GATHER EVIDENCE OF ITS IMPACT.USING TWO-WAY COMMUNICATION AND INFORMATION AGGREGATION, WE OFFER OURUSERS VALUABLE AND PRACTICAL INFORMATION, CUSTOMIZED TO THEIR GEOGRAPHY, MARKET, AND CHARACTERISTICS. PXD INCORPORATES INSIGHTS FROMBEHAVIORAL ECONOMICS, HUMAN-CENTERED DESIGN, AND SOCIAL LEARNINGTHEORY, AND MAKES USE OF A/B TESTING AND DATA SCIENCE TO IDENTIFY WHATTYPES OF INFORMATION AND DELIVERY MECHANISMS WORK BEST FOR OUR USERS.PAD NOW HAS OPERATIONS IN INDIA, KENYA, PAKISTAN, RWANDA, ETHIOPIA,UGANDA, NIGERIA, ZAMBIA, AND BANGLADESH. 7211775 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 26 1 0 1 ET KE 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X BRIAN KEEFE 9787991331 88 TROTTING PARK ROAD WEST DENNIS MA 02670 HEINRICH BAUMANN MANAGING DIRECTOR & TREASURER 32.00 X X 238963 0 7169 OWEN BARDER CHIEF EXECUTIVE OFFICER 40.00 X 188732 0 18873 TOMOKO HARIGAYA CHIEF ECONOMIST & DIRECTOR OF RESEARCH 40.00 X 143685 0 4311 JONATHAN LEHE CHIEF STRATEGIST 40.00 X 141814 0 4254 BRIAN KEEFE DIRECTOR OF FINANCE 40.00 X 136443 0 4093 JONATHAN FAULL DIRECTOR OF COMMUNICATIONS 40.00 X 125650 0 3770 SARA GODFREY SECRETARY AND COO 40.00 X X 106914 0 10691 SHAWN COLE BOARD CHAIR 2.00 X X 0 0 0 AMRITA AHUJA DIRECTOR 2.00 X 0 0 0 MICHAEL KREMER DIRECTOR 2.00 X 0 0 0 1082201 0 53161 7 0 1 0 0 3903110 3903110 PROGRAM SERVICE REVENU 110000 277809 277809 277809 8592 8592 MISCELLANEOUS INCOME 110000 65 65 65 4189576 277809 0 8657 X 571342 325599 157056 88687 4495702 4206314 183284 106104 82241 64811 12828 4602 114045 106704 4649 2692 249495 214232 21596 13667 59155 39893 19262 34380 34380 1074268 937666 82091 54511 47117 25541 21576 315596 158230 157366 87430 39490 47940 282200 244798 31534 5868 16786 14561 1876 349 14116 14116 5540 4647 893 IMPLEMENTATION & FIELD 831061 829289 1772 8280474 7211775 792219 276480 3997452 753571 1800584 1106849 455780 130244 140941 51795 63471 59646 17941 3825 125324 212912 6538022 2259196 330869 125595 330869 125595 X 2223279 -367225 3983874 2500826 6207153 2133601 6538022 2259196 -4090898 17346 0 X 0 0 0 X 3739075 3858910 5422168 7444728 3903110 24367991 3739075 3858910 5422168 7444728 3903110 24367991 15323622 9044369 7693 32332 15800 3360 8592 67777 3210 2200 65 5475 24441243 850102 0.37000 0.34050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 3,210. 2020 AMOUNT: $ 2,200. 2022 AMOUNT: $ 65. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63471 59646 3825 3825 DEPOSITS INDIA-BCAS 72660 DEPOSITS NIGERIA-BUSARA 24584 OTHER DEPOSITS 115668 212912 X PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(10) OF THE INTERNAL REVENUE CODE. NONPROFIT ORGANIZATIONS ARE SUBJECT TO TAX FOR UNRELATED BUSINESS INCOME. THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN 2022 AND 2021 THAT RESULTED IN A TAX LIABILITY. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2022. INDIA 5 21 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 1495438 KENYA 2 17 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 1393926 ETHIOPIA 1 7 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 522365 PAKISTAN 1 7 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 777346 NIGERIA 1 5 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 151567 COLUMBIA 1 4 PROGRAM ACTIVITIES AGRICULTURAL ADVICE, TECHNOLOGY & ASSISTANCE TO SMALL HOLDER FARMERS. 85702 11 61 0 0 11 61 4426344 0 4426344 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 HEINRICH BAUMANN MANAGING DIRECTOR & TREASURER 238963 0 0 0 0 0 7169 0 0 0 246132 0 0 0 OWEN BARDER CHIEF EXECUTIVE OFFICER 188732 0 0 0 0 0 18873 0 0 0 207605 0 0 0 PART I, LINE 3 THE ORGANIZATION USES FORM 990 OF OTHER ORGANIZATIONS AND REQUIRES APPROVAL BY THE BOARD FOR COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 WAS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S CEO. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DISINTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATIVE PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE INDEPENDENT MEMBERS OF THE BOARD MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE CHANGES, AS DEEMED APPROPRIATE. A MARKET EVALUATION IS CONDUCTED AS NEEDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION FILINGS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 937,666. MANAGEMENT AND GENERAL EXPENSES 82,091. FUNDRAISING EXPENSES 54,511. TOTAL EXPENSES 1,074,268.