Program areas at Precision Development
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, and ethiopia.
Who funds Precision Development
Grants from foundations and other nonprofits
Personnel at Precision Development
| Name | Title | Compensation | Date of data |
|---|
| Niriksha Shetty | Chief Executive Officer | | 2024-09-09 |
| Sara Godfrey | Secretary and Chief Operating Officer | $106,914 | 2022-12-31 |
| Tomoko Harigaya | Chief Economist and Director of Research Global Team , Leadership Team | $143,685 | 2023-01-25 |
| Jonathan Lehe | Chief Strategist / Chief Development Officer and Director of New PR | $141,814 | 2022-12-31 |
| Heinrich Baumann | Managing Director and Treasurer | $238,963 | 2022-12-31 |
| ...and 6 more key personnel |
Financials for Precision Development
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $5,895,103 | $3,891,339 | 51.5% |
| Program services | $204,459 | $209,434 | -2.4% |
| Investment income and dividends | $14,438 | $8,592 | 68% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $64,835 | $20,969 | 209.2% |
| Total revenues | $6,178,835 | $4,130,334 | 49.6% |
Organizations like Precision Development
| Organization | Type | Location | Revenue |
|---|
| International Association for Human Values (IAHV) | 501(c)(3) | Washington, DC | $3,039,699 |
| Tamid Israel Investment Group | 501(c)(3) | Grand Rapids, MI | $3,671,135 |
| Partners of the Americas | 501(c)(3) | Washington, DC | $28,379,935 |
| Agora Partnerships | 501(c)(3) | New York, NY | $1,806,343 |
| Akademiya2063 | 501(c)(3) | Washington, DC | $7,896,564 |
| Building Markets | 501(c)(3) | Brooklyn, NY | $4,108,126 |
| Agros | 501(c)(3) | Seattle, WA | $3,667,303 |
| East-West Management Institute | 501(c)(3) | New York, NY | $25,217,508 |
| Attack Poverty | 501(c)(3) | Stafford, TX | $1,787,446 |
| Middle East Investment Initiative (MEII) | 501(c)(3) | Washington, DC | $3,165,750 |
Data update history
January 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 7 new grant, including a grant for $286,774 from GiveWell Nonprofit Types
Social advocacy organizationsInternational-focused organizationsHeadquarter / parent organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Operates internationallyTax deductible donationsAccepts online donations
General information
- Address
- 1150 Walnut St 2nd Floor
- Newton, MA 02461
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Middlesex County, MA
- Website URL
- precisiondev.org/Â
- Phone
- (617) 854-3534
IRS details
- EIN
- 81-0779400
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- Q30: International Development, Relief Services
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0249428
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-01-15
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