Stichting The Tactical
Technology Collective

Abridged Report and Financial Statements(Extracts from the full audited financial statements)

Year ended: 31 December 2022

Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Contents

Page

Legal and administrative information

1

Balance sheet

2Statement of income and expenditure3

Accounting principles

4 - 10Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Legal and administrative information for the period ended 31 December 2022

The Tactical Technology Collective is registered under Dutch law as a non-profit foundation (Stichting). The
organisation was founded on the 21 February 2003. The Stichting was established under a deed which sets out
the objects, powers and governance of the organisation. Under this deed the objects of the Stichting are to:a) initiate, drive and support the use of new technologies as a tactical tool by civil society organisations worldwide;b) as well as comprising all that which is directly or indirectly associated with the above or may be conducive
thereto, all of this in the broadest possible sense. The foundation doesn’t have the object of making profit.
Founding Directors
Stephanie Hankey
Marek Tuszynski
Principal Operational Address
Brunnenstrasse 9
Berlin 10119
Germany
Tel:(+49) (0)30 41 71 53 33
Email: ttc@tacticaltech.org
Website: https://tacticaltech.org
Registered Office
Kingsfordweg 151
Amsterdam
1043 GR
Netherlands
BankerABN Amro
Corporate Non-Residents
Postbus 283
1000 EA
Amsterdam
The Netherlands
AuditorETL Mitteldeutschland GmbH
Wirtschaftsprüfungsgesellschaft
Brühl 804109 Leipzig
Germany

1Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Balance sheet as at 31 December 2022
Notes

2022

2021

€

€

Fixed assets
Tangible fixed assets

2

4,583

4,666

Investments

3

20,513

18,81125,09623,447

149,210922,871

277,665
615,303

1,072,081

892,968

1,097,177

916,445

312,933

224,961

312,933

224,961

Payable to suppliers

15,870962

Other short-term liabilities

174,537

29,816

Current assets
Receivables and accrued income

4

Cash at bank and in hand

Total assets

The reserves of the charity
Unrestricted reserves

5

Liabilities and accruals

Grants received in advance

6583,065

Fee for services contracts received
in advance7

10,77236,385784,244

691,484

1,097,177

916,445

Total liabilities

2

Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Statement of income and expenditure for the year ended 31 December 2022

Notes

Total
2022
€

Total
2021
€

8

444,834

382,425Companies

919,71130,289Governmental organisations

10

1,464,360

1,231,700

0

-

100

245

11,014

18,846

IncomeIncome from grants
Non-for-profit organisations

Income from donations
Non-for-profit organisations
Individuals
Income from fee for services contracts
Trainings
Honorarium, speaker fee
Glass Room exhibitions

11

Other small contracts under 10,000 EUR
Total income

3,067

9,259

19,744

68,133

4,795

7,448

1,967,625

1,748,345

Expenditure
Direct project costs

12

1,718,931

1,442,602

Direct fee for services costs

12

28,60084,462

Support costs

13

197,910

220,551

Total expenditure

1,945,441

1,747,615

Operating result

22,184730

Financial income and expenditure(1,081)(8,992)

Net income / (expenditure)

21,103(8,262)Development of grants and fees for services
contracts received in advance(66,869)(76,867)

Additions to unrestricted reserves

87,972

68,605--

Total result of the financial year

All of the above results are derived from continuing activities. All gains and losses recognised in the year are
included above.

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Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Accounting principles for the financial statements of TTC
Introduction

The management board of Stichting The Tactical Technology Collective (hereinafter "TTC") is required
by Article 11 of the Articles of Association of TTC to report on the financial situation of TTC andeverything related to the activities of the TTC.

1

Pursuant to Article 11 of the Articles of Association of TTC, the management board shall prepare abalance sheet and a statement of income and expenditure for this purpose.



It is important for public confidence in fundraising that the public can trust that reporting accuratelyreflects both the raising and spending of funds. Open, clear and transparent reporting aimed at making
these judgements is necessary. To ensure clear and transparent reporting, in addition to therequirements of Articles of Association of TTC, further reporting requirements have been set out in thisdeclaration.



The following accounting principles describe the basis and requirements for the TTC reporting. They arealigned with the following general principles:(1) Correctness and freedom from arbitrariness;(2) Clarity;(3) Individual valuation of assets and liabilities;(4) Prudent valuation of assets and liabilities;(5) Recognition, measurement and disclosure consistency;(6) Going concern assumption.
a) The basis and requirements for TTC reporting are based on the guideline "RJ-Uiting 2011-1: Richtlijn
650 Fondsenwervende instellingen (aangepast 2011)" under Dutch law.
Date of entry into forcea) The accounting policies are effective for financial years beginning on or after 1 January 2011.
Financial statementsa) The financial statements must in any case contain the following elements:a) Statement of assets and liabilities (balance sheet) as at the reporting date with the comparative figures ofthe previous reporting year (see appendix balance sheet)b) Statement of income and expenditure of the current reporting year with the comparative figures of theprevious reporting year (see appendix statements of income and expenditure)c) Statement of cash flows with the comparative figures of the previous reporting year (see appendix
statement of cash flows)d) Explanatory notes on the statement of assets and liabilities (balance sheet) and the statement of income
and expenditure, including information on the recognition and measurement principles applied and theirchange compared to the previous year
Report of the Management Boarda) In addition to the financial statements referred to in point (7), the Management Board shall prepare anannual report on the Stichting's activities during the year under review in accordance with the annual
accounts. The following information shall be included in this report:a) General information about the Stichtingb) Information on the activity and the financial situationc) Information about the management board and the Supervisory Boardd) Information on future developmenta) General information about the Stichting includes the name, registered office and status or amendmentsof the Statutes as well as the objective of the Stichting and how this is achieved through the main4

Stichting The Tactical Technology Collective
For the year ended 31 December 2022

activities in the year under review.
a) The information on the activities and the financial situation shall provide an insight into all financiallysignificant activities of the reporting year in a clear and comprehensible form for outsiders. The purposeof each activity, or group of activities, must be clearly stated. Where possible, quantified information on
the quality of the activities and on their effectiveness and efficiency shall be included.
a) A percentage resulting from dividing the total expenditure for the objective(s) by the total income should
be reported in the annual report. In addition, a percentage should be given that results from dividing thecosts for own fundraising by the income from own fundraising. For reasons of comparability,
corresponding figures for the previous year should be recorded for this purpose.
a) The annual report should explain the relationship between the costs and revenues of fundraising during
the financial year. In addition, information should be provided on the methods used in fundraising and theuse of proceeds for the purposes stated at the time of fundraising.
a) The annual report shall be consistent with the financial statements included in the annual accounts, inany case using the same format as for the statement of income and expenditure.
a) The annual report should also provide information on:a) the institution's policy on the size and function of its reserves and funds;b) the investment policy;c) the volunteering policy;d) the policy to communicate with stakeholders.
The annual report contains the following information about the Management Board and the Supervisoryboard:The role and functioning of the Management Board and the Supervisory Board;
The remuneration and benefits policy and the way in which this policy was put into practice during the year
under review;the method of appointment of the administrative and supervisory body and the term of office of its members;
the corresponding secondary offices of the members of the Management Board and the Supervisory Board.
c) The annual report should include information on the annual plan and the budget for the coming financial
year. In each case, information should be provided on the expected income, the planned allocation of
resources to and within the charity for specific programmes and activities, the results to be achieved, theproportion of resources to be spent on fundraising and support functions, and the handling of reserves
and funds.
a) The annual report must be compatible with the financial statements.
Report of the Supervisory Board
18. The Supervisory board must describe and explain the performance of its supervisory tasks. The
Supervisory Board's report may include the following aspects:
a.
b.
c.
d.

the way in which the strategy and performance of the fundraising institution is monitored;
the existence of a profile for the supervisory authority;
the number of meetings in the reporting year;
the number of meetings attended by the Board of management.

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Stichting The Tactical Technology Collective
For the year ended 31 December 2022

Balance sheet
Assets
19. The preparation of the balance sheet is based on the model in Appendix Balance Sheet. The following
asset items should be shown separately in the balance sheet:
a.
b.
c.
d.
e.

Intangible assets;
Tangible fixed asstes;
Investments;
Receivables and accrued income;Cash at bank and in hand.

20. In individual cases, this basic structure can be extended to fulfil the basic principles according to section(4).
21. The sequence of assets, the view that liquidity is decreasing has been given priority over "use forpurpose(s)". However, this classification does not provide insight into the use of funds for the purpose,business operations or investments, which is important information.
22. Assets acquired free of charge and subject to mandatory capitalisation (especially tangible assets
transferred by deed of stichting and in the case of endowments, as well as donations in kind) should berecognised at the time of acquisition at the prudently estimated fair value (assumed acquisition costs) inorder to achieve complete proof of the acquisition and use of the assets received free of charge. The fairvalue is usually identical to the amount that the stichting would have had to spend if the assets had notbeen given to it free of charge.
Intangible assets
23. Intangible assets are valued at acquisition cost and amortised over the useful life or, in the case ofindividually assigned projects, over the project duration. Examples of such assets are the expenditure forthe acquisition of an address database or the creation of a website. Intangible assets recognised in thebalance sheet must be individually identifiable and measurable and must have a future benefit.
Tangible fixed assets
24. Tangible assets are valued at acquisition cost including incidental acquisition costs incurred anddepreciated over the useful life or, in the case of individually allocated projects, over the project duration.
25. Tangible assets used for the purposes of the enterprise are preferably valued in the same way as assets
used for the enterprise. If investments are financed from a special fundraising campaign or from a grant,
the following processing method must be used. The income from the fundraising campaign or grant must
be recognised in the income and expense account and the investment must be capitalised underproperty, plant and equipment. The income from the fundraising campaign or grant can be allocated toan earmarked reserve by using the balance of income and expenses. An amount in proportion to thedepreciation of the fixed assets shall be released each year from the earmarked reserve through the useof the balance of income and expenditure.
In special circumstances, it may be justified to record the investment as a lump sum in the income andexpenditure account.
When these special circumstances arise, the accounting policy and the special circumstances that led to thistreatment shall be explained in the notes. The cost of the asset shall also be disclosed.
Investments
26. Investments are to be valued at the time of acquisition at their acquisition costs including incidental
acquisition costs incurred. Insofar as market values can be determined for the financial assets, they aresubsequently measured on the basis of publicly available fair values. If these values cannot be
determined, the maximum subsequent valuation is the amount of the acquisition costs (including
incidental acquisition costs). If necessary, a subsequent valuation below the valuation at the time ofacquisition may be required. This devaluation must be carried out taking into account the future benefit
for the Stichting and the probable realisation of financial resources in the event of a realistic sale within
12 months of the balance sheet date.
Inventories

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Stichting The Tactical Technology Collective
For the year ended 31 December 2022

27. Inventories are recognised at their acquisition and production costs at the time of acquisition. If thereplacement value falls or the inventories are not used for projects in a timely manner, an appropriate
value adjustment must be made. The type and amount of the value adjustment must be explained in thenotes. As a result, inventories, including those required for this purpose, may not be recognised directlyin the balance of income and expenditure, but must be reported as inventories.
Receivables and accrued income
28. This includes claims of the Stichting for money or services. If there are indications of a reduction in thevalue of the money or service as of the balance sheet date, an appropriate value adjustment must be
made and explained in the notes. Accrued income is used for the cost-related allocation of projectrelated income (cost recoveries).
Cash at bank and in hand
29. Cash at bank and in hand shall be stated at nominal value. Valuations may be evidenced by third-party
notifications (e.g. bank notifications). Cash equivalents are to be realised in cash within a period of up to
3 months. If this is not planned, they are to be allocated as a itme under section (26).
Resreves and liabilities
30. As indicated in the appendix Balance Sheet should be shown separately as liabilities:
a.
b.
c.
d.
e.

Unrestricted reserves;
Payable to suppliers;
Other short-term liabilities
Grants received in advance;
Fees for services contracts received in advance.

Unrestricted reserves
31. This item is used to generate own funds. The amounts reported here are not subject to earmarking or
any restrictions of use from the funders.
Payable to suppliers and other short-term liabilities
32. Payable to suppliers and other short-term liabilities represent obligations of the Stichting from services
received or costs incurred in the reporting year under economic and public law with payment after thebalance sheet date. These are to be recognised at the settlement amount.
33. Liabilities relating to years after the balance sheet date are classified as long-term liabilities.
Grants received in advance
34. This item has a special character, as project-related and earmarked cash and cash equivalents as wellas their earmarked use still outstanding as of the balance sheet date are recorded and explained here.
The Stichting is obliged to use these assets only in accordance with the purpose for which they werecreated. These are not freely available own funds.
35. There should be a statement of the development of the individual components and projects in the annex,
which includes the following information::a. the amount of each appropriation not yet appropriated at the beginning of the reporting year;
b. the income and expenditure of the individual projects, measures and earmarkings during the reporting
year, broken down by type;c. the individual funds not yet appropriately used at the end of the financial year.
The allocations constitute the income for the purpose for which the expenditure were incurred. The total of project
developments in the reporting year must be compatible with the corresponding income and expenditure of thecurrent reporting year. For a corresponding reconciliation, appropriate subtotals are to be provided in the notes forreconciliation and reconciliation with the statement of income and expenses of the reporting year.
Fees for services contracts received in advance7

Stichting The Tactical Technology Collective
For the year ended 31 December 2022

36. This item includes cash received that is not subject to any restriction of funds or earmarked cost recovery
by the cash provider (see section (34)). Regardless of this, these are advance payments for futurecontractually agreed services and their future realisation of income. Differences between the costs
incurred and the income realised do not have to be explained separately in the notes for this income
category.
Off-balance sheet commitments
37. Off-balance sheet liabilities should be reported in categories:
a.
b.
c.
d.

Conditional obligations specifying resolutory or suspensive conditions;multi-year financial obligations, such as lease, rent and leasing;unrecognised liabilities for which no reliable estimate can be made, so no provision has been made;obligations to subsidise third party deficits or otherwise vouch for third party obligations.

Off-balance sheet liabilities should be disclosed in the notes by type and amount.
Income and expenditure
General
38. The statement of income and expenditure of the Stichting shall be prepared in accordance with themodel contained in the appendix statement of income and expenditure.
39. Income and expenditure should be allocated to the period to which they relate. A consistent policy should
be followed in the allocation. This means that amounts should be included in the balance sheet that are
attributable to one period but received or paid in another period.
40. All income should be shown as a gross amount unless specifically stated otherwise in this chapter. Costs
necessary to generate certain income should be shown as expenses in the income and expenditureaccount.
Income41. Earmarked income shall be disclosed separately in the notes, indicating the nature of the purpose, andshall be presented in a factual context with the explanations to section (35). Revenue recognition
requires that the grantor's condition regarding the use of the cash received has been fulfilled.
Income from own fundraising
42. Non-earmarked income and income from own fundraising that is not subject to cost recovery and/or aseparate proof of use for the intended purpose must be reported separately and can be explained in
more detail in the notes.
43. Revenue from its own fundraising shall be assessed at the amount received by the institution, without
deduction of costs incurred by its own organisation, unless this Chapter expressly provides otherwise.
44. Income from estates shall be recognised in the reporting year in which the amount can be reliably
determined. Provisional payments in the form of advances are recognised as income from estates in thereporting year in which they are received, unless they have already been recognised in an earlier
reporting year.
The amount of an inheritance income can be reliably determined if a reliable estimate of the receipt can be madebased on the stage of settlement of the inheritance.
45. When items are sold, the gross profit must be reported in the income and expenditure under income fromown fundraising. Gross profit is the net turnover less the cost of goods sold. Net turnover is defined as
the revenue less discounts and taxes applied to the turnover. Cost price is the purchase value of thegoods increased by the direct (paid to third parties) acquisition costs associated with the purchase andsale.
46. In addition to the separate disclosure for earmarked and non-earmarked income, the income is divided
according to its origin into income from:a. Non-for-profit organisations

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Stichting The Tactical Technology Collective
For the year ended 31 December 2022

b. Governmental organisations
c. Companies
to be broken down.
Income from fees from services without earmarking
47. This income shall be reported separately and appropriately broken down by type of service.
Financial income
48. Financial income must be netted against financial expenditure under the item "Financial income andexpenditure” and, in exceptional cases, explained separately in the notes.
Expenditure
49. The following cost categories shall be shown in the statement of income and expenditure:a. Direct project costs;
b. Direct fee for services costs;
c. Support costs;
50. For insight into the scope and composition of the Stichting's costs, the cost categories listed under
section (49) are broken down separately into the following cost types in the Annex:
a.
b.
c.
d.

Personnel costs;
Governance Cost;
Costs for purchased third-party services
Other costs;

51. In the notes to the financial statements, the total personnel costs as per section (50) shall be broken
down into wages and salaries, social costs, pension costs and other consultancy and service provider
costs. The average number of employees working for the Stichting during the reporting year shall also be
stated.
Earmarked expenses
52. The allocation principles and methods are to be applied uniformly and unchanged from the previous year
and explained in the notes. Changes compared to the previous year shall be explained in the notes.
53. In any case, the disclosures should be made in a manner that is consistent with the purpose of adequate
and transparent reporting:a. relate to the objective presented at the time of fundraising, if required for insight, reporting on subactivities should be provided;b. correspond to the organisational structure.
General management and administrative costs
54. Management and administrative costs are the costs incurred by the organisation in the context of(internal) management and administration that are not attributed to the objective or the generation ofincome. These costs are allocated to the other projects of the reporting year in addition to the definedproject-related expense components and types from the individual agreements on the earmarked funds(e.g. in percentages related to the direct costs or project-related hourly rates) via an appropriate
distribution key.
Remuneration and financial relations of management board and supervisory board
55. The remuneration of the management board and the supervisory bord shall be disclosed in the notes. If
no remuneration is paid, this must also be disclosed for clear and transparent reporting. The obligation todisclose remuneration also includes former managing directors and former supervisory bodies, provided
they still receive remuneration from the stichting after their activity.
Treatment of the balance of income and expenditure

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Stichting The Tactical Technology Collective
For the year ended 31 December 2022

56. If earmarked income (funds) with a specific use determined by third parties was received in the year
under review but not fully used in that year, these unspent funds must be included in the corresponding
appropriated funds (see section (35)) by way of use of the balance of revenue and expenditure.
57. The use of the balance of income and expenditure is disclosed in the statement of income andexpenditure or in the notes (see section (35)).

Cash flow statement
58. The Stichting's cash flow statement is prepared in accordance with the template included in the appendix
statement of cash flows.
59. In the statement of cash flows, the cash flows for investing activities are to be listed separately.
60. In the statement of cash flows a reconciliation of the result of income and expenses to the cash flows
from operating activities is to be included for information purposes.

10