Civic Intelligence

Innovations for Poverty Action

990 • Fiscal year 2015 • EIN 06-1660068

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 31, 2016

Organization ProfileWWW.POVERTY-ACTION.ORG

View Organization Page

101 Whitney AvenueNew Haven, CT 06510

(203) 772-2216

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.47x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.70x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

14th percentile

-8.8%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

30th percentile

$173,621

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

1st percentile

-37%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-8.0%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$18,620,852

Down $11,061,506 (-37%) from 2014

Net Assets

Down

-$8,787,565

Down $10,234,114 (-707%) from 2014

Liabilities

Down

$27,408,417

Down $827,392 (-2.9%) from 2014

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin14th percentile

Revenue

Down

$39,166,162

Down $3,402,645 (-8.0%) from 2014

Expenses

Down

$42,597,925

Down $203,641 (-0.5%) from 2014

Net Income

Down

-$3,431,763

Down $3,199,004 (-1374%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$20M$0-$20MAssets 2010: $33,238,267Liabilities 2010: $837,152Net Assets 2010: $32,401,1152010Assets 2011: $14,423,972Liabilities 2011: $9,556,199Net Assets 2011: $4,867,7732011Assets 2012: $22,372,256Liabilities 2012: $20,929,865Net Assets 2012: $1,442,3912012Assets 2013: $25,069,572Liabilities 2013: $23,390,264Net Assets 2013: $1,679,3082013Assets 2014: $29,682,358Liabilities 2014: $28,235,809Net Assets 2014: $1,446,5492014Assets 2015: $18,620,852Liabilities 2015: $27,408,417Net Assets 2015: -$8,787,5652015Assets 2016: $22,629,327Liabilities 2016: $26,746,191Net Assets 2016: -$4,116,8642016Assets 2017: $19,458,352Liabilities 2017: $19,390,033Net Assets 2017: $68,3192017Assets 2018: $22,782,355Liabilities 2018: $21,541,975Net Assets 2018: $1,240,3802018Assets 2019: $22,299,235Liabilities 2019: $19,616,417Net Assets 2019: $2,682,8182019Assets 2020: $25,619,295Liabilities 2020: $23,091,851Net Assets 2020: $2,527,4442020Assets 2021: $30,811,263Liabilities 2021: $24,184,081Net Assets 2021: $6,627,1822021Assets 2022: $38,831,283Liabilities 2022: $26,972,585Net Assets 2022: $11,858,6982022Assets 2023: $32,068,016Liabilities 2023: $21,806,840Net Assets 2023: $10,261,1762023Assets 2024: $33,431,493Liabilities 2024: $28,855,772Net Assets 2024: $4,575,7212024

Highlighted filing

2015

Assets$18,620,852
Liabilities$27,408,417
Net Assets-$8,787,565
Open 2015 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $18,540,8282010Expenses 2011: $27,486,1212011Expenses 2012: $34,962,9932012Revenue 2013: $40,525,545Expenses 2013: $40,288,628Net Income 2013: $236,9172013Revenue 2014: $42,568,807Expenses 2014: $42,801,566Net Income 2014: -$232,7592014Revenue 2015: $39,166,162Expenses 2015: $42,597,925Net Income 2015: -$3,431,7632015Revenue 2016: $49,624,396Expenses 2016: $44,953,695Net Income 2016: $4,670,7012016Revenue 2017: $42,519,451Expenses 2017: $38,334,268Net Income 2017: $4,185,1832017Revenue 2018: $41,115,775Expenses 2018: $39,943,714Net Income 2018: $1,172,0612018Revenue 2019: $43,819,492Expenses 2019: $42,377,054Net Income 2019: $1,442,4382019Revenue 2020: $35,392,801Expenses 2020: $35,548,175Net Income 2020: -$155,3742020Revenue 2021: $47,809,311Expenses 2021: $43,568,333Net Income 2021: $4,240,9782021Revenue 2022: $54,859,211Expenses 2022: $49,275,784Net Income 2022: $5,583,4272022Revenue 2023: $53,278,625Expenses 2023: $54,430,966Net Income 2023: -$1,152,3412023Revenue 2024: $52,795,464Expenses 2024: $57,894,421Net Income 2024: -$5,098,9572024

Highlighted filing

2015

Revenue$39,166,162
Expenses$42,597,925
Net Income-$3,431,763
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$39,166,162
Mission and Program Overview

Mission

Innovations for poverty action discovers and promotes effective solutions to global poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$23,079,332$14,418,313▼ $8,661,019
Cash and Non-Interest-Bearing Accounts$3,983,606$3,388,298▼ $595,308
Pledges and Grants Receivable$176,862$269,194▲ $92,332
Prepaid Expenses and Deferred Charges$608,328$189,897▼ $418,431
Land, Buildings, and Equipment, Net$245,388$140,709▼ $104,679
Savings and Temporary Cash Investments$1,028,176$35,199▼ $992,977
Total Assets$29,682,358$18,620,852▼ $11,061,506
Other Assets Total$560,666$179,242▼ $381,424
Liabilities
Deferred Revenue$25,381,454$22,646,030▼ $2,735,424
Accounts Payable and Accrued Expenses$2,354,355$3,912,387▲ $1,558,032
Other Liabilities$500,000$850,000▲ $350,000
Total Liabilities$28,235,809$27,408,417▼ $827,392
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$125,000-
Unrestricted Net Assets$1,446,549$-8,912,565▼ $10,359,114
Total Net Assets Fund Balance$1,446,549$-8,787,565▼ $10,234,114
Total Liabilities and Net Assets / Fund Balance$29,682,358$18,620,852▼ $11,061,506

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$84,285$253,050$337,335
Equipment$191,217$127,711$318,928
Other Land Buildings$-134,793$379,410$244,617
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cepeda JohnsonGlobal Human Resources Senior DirectorFT$172,845$776$173,621
Cepeda JohnsonGlobal Human Resources Senior Direct-$161,247$11,598$172,845
Annie DufloExecutive DirectorFT$144,772$7,114$151,886
Sarah De TournemireChief External Relations OfficerFT$136,964$3,255$140,219
Vivian Brady- JonesCFOFT$134,933$67$135,000
Thoai NgoResearch Methods Senior DirectorFT$127,033-$127,033
Julie PetersGrants DirectorFT$116,797$1,517$118,314
Ife Osaga-ondondoGeneral CounselFT$105,695$1,272$106,967

Board Members and Trustees

NameTitle
Dean KarlanFounder, President
B Stephen TobenDirector / Trustee
Benjamin S AppenDirector / Trustee
Heather Woodruff GrizzleDirector / Trustee
James J PrescottDirector / Trustee
Kentaro ToyamaDirector / Trustee
Laura HattendorfDirector / Trustee
Tavneet SuriDirector / Trustee
Wendy AbtDirector / Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Social Weather StationsData Collection And Cleaning300 JERICHO QUADRANGLE SUITE 120, Jericho, NY 11753, Rp$169,682
Idp Consulting LLCInformation Systems-$123,600
Revenue and Support

Revenue Composition

Contributions and Grants
$39,163,597
Program Service Revenue
$0
Investment Income
$2,565
Other Revenue
$0
All Other Contributions
$3,470,122
Change in Net Assets
$-3,431,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$39,166,162
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$39,166,162
Total Revenue per Form 990
$39,166,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,685,264
Salaries, Compensation, and Employee Benefits$18,504,059
Grants and Similar Amounts Paid$5,408,602
Total Fundraising Expense$274,273
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,325,114$4,738,692$153,139$18,216,945
Travel$3,742,370$424,433$16,837$4,183,640
Grants to Domestic Orgs$3,747,206--$3,747,206
Fees for Services Other$2,402,852$651,710$68,991$3,123,553
Foreign Grants$1,661,396--$1,661,396
Other Expenses$1,307,635$2,860$0$1,310,495
Information Technology$752,402$404,615$2,944$1,159,961
Occupancy$837,046$170,055-$1,007,101
Office Expenses$835,890$142,576$6,248$984,714
Conferences and Meetings$849,988$91,673$8,442$950,103
All Other Expenses$610,327$4,389-$614,716
Current Officers, Directors, Trustees, and Key Employees$210,014$74,686$2,414$287,114
Insurance$188,651$33,653-$222,304
Depreciation Depletion$42,230$75,508-$117,738
Interest$2$25,817-$25,819
Total Functional Expenses$33,714,500$8,609,152$274,273$42,597,925

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$42,597,925
Total Expenses per Audited Statements$42,597,925
Total Expenses per Form 990$42,597,925
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Evidence ActionWashington, DC501(c)3Dispensers for Safe Water$326,765
The Regents of University of California BerkeleyBerkeley, CA501(c)3M&e Strategies and Tools$236,180
International Care MinistriesLa Plata, MD501(c)3Character Development Among Ultra Poor Filipinos (icm)$159,247
President & Fellows of Harvard CollegeBoston, MA501(c)3Cognitive Droughts$150,000
University of Washington Grant and Contract AccountingChicago, IL501(c)3Mobile-izing Savings - Evaluating a Phone-based Defined-contribution Account, M&e Strategies and Tools, and Prospects$128,376
International Center for Research on WomenWashington, DC501(c)3Empowerment for Women- Kenya$126,000
The Regents of the University of CaliforniaSan Francisco, CA501(c)3African Health Market for Equity (ahme)$119,602
Khanga Rue MediaNew York, NY501(c)3Cash Transfers and Mental Models$110,000
Duke UniversityCharlotte, NC501(c)3Evaluating Child-to-child Approaches to Literacy in Kenya and Empowering Girls in Rural Bangladesh$93,056
Community Health Center IncMiddletown, CT501(c)3New Haven Health Project$86,244
StickkcomNew York, NY501(c)3New Haven Health Project$75,000
Stanford UniversitySan Francisco, CA501(c)3Savings Impact Malawi$67,662
Georgetown UniversityWashington, DC501(c)3Saving for High School With a Mobile-money Lock-box$56,340
Behavioral Ideas Lab Inc Dba Ideas42New York, NY501(c)3Rules of Thumb Providing Timely Useful Financial Management Advice at Scale$54,841
University of VirginiaCharlottesville, VA501(c)3Impact of Road Infrastructure$50,000
Laurus International Enterprises LLCOrlando, FL501(c)3Ccts and Commitment Savings$49,320
The Regents Ofthe University of California San DiegoLa Jolla, CA501(c)3Health Services Delivery in India and Improving Early Grade Learning Outcomes$38,623
Yale UniversityNew Haven, CT501(c)3Transparency Standard and Data Repository$28,800
University of Maryland Office of the ComptrollerCollege Park, MD501(c)3Fingerprinting Scale-up - Malawi$28,750
Baltimore Cash Campaign Co Job Opportunities Task ForceBaltimore, MD501(c)3Tax-time Advance Messaging to Save/reduce Debt Pilot$24,905
The Trustees of Columbia University in the City of New YorkNew York, NY501(c)3The Impact of Exporting - Evidence From a Randomized Experiment$21,947
Money Management International IncSugar Land, TX501(c)3Financial Products Innovation Fund Iii$16,000
University of Southern CaliforniaLos Angeles, CA501(c)3Remedial Science Education$15,600
Brac USA IncNew York, NY501(c)3Market Learning and Transport Costs Among Fertilizer Retailers in Tanzania$12,500
Freedom From HungerDavis, CA501(c)3Moving Beyond Conditional Cash Transfers in the Dominican Republic$5,130

International Summary

Offices
25
Employees
619
Spending
$35,241,194

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram ServicesImpact Evaluation16473$27,145,626
South AsiaProgram ServicesImpact Evaluation123$2,839,912
East Asia and the PacificProgram ServicesImpact Evaluation127$2,615,008
South AmericaProgram ServicesImpact Evaluation219$2,074,256
Central America and CaribbeanProgram ServicesImpact Evaluation23$281,706
Middle East and North AfricaProgram ServicesImpact Evaluation01$142,945
North AmericaProgram ServicesImpact Evaluation373$141,741
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$850,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 5

“In 2015, a transaction with a third party vendor resulted in a significant diversion of the organization's assets. Appropriate actions were taken by the organization to ensure that this situation was properly remedied and all diverted funds were returned to the organization.”

Form 990, Part VI, Section B, Line 11

“The form 990 is prepared by an accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 is circulated electronically to the full board of trustees for discussion and comment. Each board member is provided opportunity to comment on the information contained in the 990 prior to filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“The organization has a conflict of interest policy in place. All new board of directors and officers are asked to renew and acknowledge their compliance with the conflict of interest policy on an annual basis. The organization distributes an annual questionnaire to all board of directors and officers. The president presents conflicts of interest to the audit & finance committee, who is tasked with reviewing potential conflicts of interest and if necessary taking to the board of directors for further review and consideration for determining compliance.”

Form 990, Part VI, Section B, Line 15

“The organization undertakes a thorough process for determining the compensation of its executive officers, and uses the same process for all employees. The organization relies on market analysis to determine compensation across all levels, using similarly sized organizations as a benchmark. The organization hired a nonprofit professional advisory group to perform the specific analysis, as well as to search for the chief financial officer. It should be noted that the president and ceo is the founder of the organization. The president draws no salary from innovations for poverty action.”

Form 990, Part VI, Section C, Line 19

“The organization's audited financial statements, form 990 and annual summary are posted on the organization's website and are available at the address listed on page 1 of the form 990. The form 990 is, likewise, published on www.guidestar.org. The organization's governing documents and conflict of interest policy are available upon request and at management's discretion. They are often picked up for other charity evaluation websites such as charity navigator.”

Filing and Contact Details

Filer

Filer Name
Innovations for Poverty Action
EIN
06-1660068
Phone
2037722216
Address
101 WHITNEY AVENUE, NEW HAVEN, CT 06510

Signing Officer

Name
Annie Duflo
Title
Executive Director
Phone
2037722216
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Karlan
Formed
2002
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
8
Employees
172
Volunteers
9

Preparer

Firm
BLUM SHAPIRO & COMPANY PC CPA'S
Address
29 S MAIN STREET PO BOX 272000, WEST HARTFORD, CT 06127-2000
Preparer
Lori M Budnick
Phone
8605614000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Write down of grants receivable -6,802,351.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0INNOVATIONS FOR POVERTY ACTION DISCOVERS AND PROMOTES EFFECTIVE SOLUTIONS TO GLOBAL POVERTY.
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IRS990/Desc0DISPENSERS FOR SAFE WATER AND WASH: CHLORINE KILLS 99.99% OF HARMFUL BACTERIA, KEEPS WATER FREE FROM CONTAMINATION FOR UP TO 72 HOURS, AND REDUCES THE INCIDENCE OF DIARRHEA BY 40%. A RANDOMIZED CONTROLLED TRIAL WAS CONDUCTED IN KENYA TO COMPARE CHLORINE DISPENSERS TO OTHER CHLORINATION OPTIONS. THE RESEARCHERS FOUND THAT 50-61% OF PEOPLE ADOPTED THE CHLORINE DISPENSER SYSTEM COMPARED WITH ONLY 6-14% IN THE CONTROL GROUP, OR A NEARLY 10-FOLD INCREASE. ADOPTION WAS SUSTAINED OVER TIME. INSPIRED BY THE SUSTAINED SUCCESS OF THIS LOW-COST INTERVENTION, THE DISPENSERS FOR SAFE WATER PROGRAM WAS DEVELOPED TO SCALE UP CHLORINE DISPENSERS AND PROVIDE ACCESS TO SAFE WATER FOR MILLIONS OF PEOPLE. IN KENYA, RESEARCHERS ARE MEASURING THE INDIVIDUAL AND COMBINED EFFECTS OF WATER QUALITY, SANITATION AND HYGIENE INTERVENTIONS ON CHILD HEALTH, GROWTH AND DEVELOPMENT IN THE FIRST TWO YEARS OF LIFE. THIS SHOULD CONFIRM WHETHER THESE INTERVENTIONS LEAD TO LASTING IMPROVEMENTS IN CHILDREN'S HEALTH, GROWTH AND DEVELOPMENT AND WHETHER NUTRITION PROGRAMS ARE MORE EFFECTIVE WHEN COMBINED WITH THESE INTERVENTIONS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR / TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR / TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR / TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR / TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR / TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR / TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
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IRS990/Form990PartVIISectionAGrp/TitleTxt12GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF EXTERNAL RELATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14RESEARCH METHODS SENIOR DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0DIRTS GHANA: IN GHANA, RESEARCHERES ARE TESTING WHETHER ACCESS TO IMPROVED-YIED AGRICULTUAL INPUTS AND AGRICULTURAL EXTENSION ADVICE - WHEN PROVIDED INDIVIDUALLY OR IN COMBINATION - LEADS TO MORE INTENSIVE LAND CULTIVATION AND INCREASED EARNINGS AMONG FARMERS IN NOTHERN GHANA WHO RECEIVE ACCESS TO RAINFALL INSURANCE. INVESTMENTS IN AGRICULTURAL INPUTS SUCH AS FERTILIZER, HIGH-YIELD SEEDS, AND FARM EQUIPMENT IS LOW AMONG SMALLHOLDER FARMERS. FARMERS UNDERINVEST AS THEY FACE UNCERTAIN RAINFALL, INPUTS MAY NOT BE WIDELY AVAILABLE IN LOCAL MARKETS AND FARMERS MAY NOT HAVE THE CASH ON HAND TO PURCHASE THEM JUST PRIOR TO PLANTING SEASON AND FARMERS MAY ALSO LACK INFORMATION ON THE BENEFITS OF THESE INPUTS AND HOW TO USE THEM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0AHME: SUB-SAHARAN AFRICA ACCOUNTS FOR 24 PERCENT OF THE GLOBAL BURDEN OF DISEASE. WHILE PRIVATE CLINICS ARE THE FIRST SOURCE OF CARE FOR MANY AFRICANS, THE QUALITY OF CARE OFFERED IN PRIVATE FACILITIES IS INCONSISTENT AND OFTEN WEAK, AND THE PRIVATE HEALTHCARE SECTOR FACES A WIDE HOST OF CHALLENGES. IN THIS STUDY, IPA-AFFILIATED RESEARCHERS FROM UC BERKELEY AND USCF ARE EVALUATING THE IMPACT OF A MULTI-PRONGED PRIVATE HEALTHCARE INITIATIVE ON HEALTHCARE UTILIZATION, QUALITY OF CARE, CLINIC FINANCIAL OUTCOMES AND CHILD HEALTH IN KENYA.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0GLOBAL FINANCE INITIATIVE (GFI)LOW-INCOME HOUSEHOLDS NEED EFFECTIVE FINANCIAL TOOLS TO HELP MANAGE AND GROW THEIR MONEY, YET MANY OF THE FINANCIAL SERVICES THEY CAN ACCESS ARE COSTLY, UNSAFE OR NOT WELL-SUITED TO THEIR NEEDS. TO SUPPORT FINANCIAL INCLUSION EFFORTS AROUND THE WORLD, IPA PARTNERS WITH FINANCIAL SERVICE PROVIDERS, GOVERNMENTS AND RESEARCHERS TO DESIGN AND RIGOROUSLY TEST FINANCIAL SERVICES AND PROGRAMS ENCOURAGING HEALTHY FINANCIAL BEHAVIOR AMONG THE POOR.THE ULTRA POOR (TUP) A NEW SIX-COUNTRY STUDY SHOWS A COMPREHENSIVE APPROACH FOR THE ULTRA-POOR, THE APPROXIMATELY ONE BILLION PEOPLE WHO LIVE ON LESS THAN $1.25 A DAY, BOOSTED LIVLIHOODS, INCOME AND HEALTH. PUBLISHED IN SCIENCE, THE RESEARCH TESTED THE EFFECTIVENESS OF AN APPROACH KNOWN AS THE "GRADUATION MODEL" IN SIX COUNTRIES BY FOLLOWING 21,000 OF THE WORLD'S POOREST PEOPLE FOR THREE YEARS. THE DATA SHOWS THIS APPROACH LED TO LARGE AND LASTING IMPACTS ON THEIR STANDARD OF LIVING. THE PROGRAM IS COST EFFECTIVE, WITH POSITIVE RETURNS IN FIVE OF THE SIX COUNTRIES, RANGING FROM 133 PERCENT IN GHANA TO 433 PERCENT IN INDIA. IN OTHER WORDS, FOR EVERY DOLLAR SPENT ON THE PROGRAMS IN INDIA, THE ULTRA-POOR HOUSEHOLDS SAW $4.33 IN LONG-TERM BENEFITS. THE GOVERNMENT OF ETHIOPIA PLANS TO EXPAND THE PROGRAM TO BENEFIT THREE MILLION PEOPLE THROUGH THE COUNTRY'S PRODUCTIVE SAFETY NET PROGRAM, AND THE PROGRAM IS ALREADY BEING SCALED UP IN PAKISTAN AND INDIA.SMALL AND MEDIUM ENTERPRISE SECTOR (SME) SMALL AND MEDIUM ENTERPRISES (SMES) ARE WIDELY SEEN AS ENGINES OF ECONOMIC GROWTH. IN DEVELOPING COUNTRIES, SMES PROVIDE OVER 70% OF FORMAL JOBS ON AVERAGE. HOWEVER, SMES FACE CONSTRAINTS TO GROWTH THAT ARE PARTICULARLY BINDING IN DEVELOPING COUNTRIES, SUCH AS LIMITED ACCESS TO FINANCE, LOW LABOR SKILL LEVELS AND INEFFICIENT MARKETS FOR GOODS.IN AN EFFORT TO UNLOCK THE SME SECTOR'S POTENTIAL, GOVERNMENTS AND OTHER INSTITUTIONS SPEND BILLIONS OF DOLLARS EVERY YEAR ON PROGRAMS AIMED AT REDUCING THE BARRIERS TO GROWTH. HOWEVER, HIGH-QUALITY RESEARCH ON WHICH PROGRAMS SUCCESSFULLY ADDRESS THE CONTRAINTS TO SME GROWTH IS LIMITED, LEAVING DECISION MAKERS WITHOUT CLEAR GUIDANCE ON WHICH PROGRAMS AND POLICIES TO SUPPORT.THE SME PROGRAM AT IPA WORKS TO DISCOVER AND PROMOTE EFFECTIVE SOLUTIONS FOR ECONOMIC GROWTH AND ENTREPENEURSHIP.MONGOLIA PROPERTY RIGHTS & VOCATIONAL EDUCATION THIS STUDY EVALUATES A PROJECT DESIGNED TO IMPROVE TECHNICAL SKILLS AND PRODUCTIVITY IN KEY MONGOLIAN INDUSTRIES INCLUDING CONSTRUCTION, MINING, ELECTRONICS, MECHANICS AND TRANSPORT. IT WILL MEASURE WHETHER VOCATIONAL TRAINING INCREASES THE WAGES OF MONGOLIANS.SCHOOL-BASED DEWORMING SCHOOL-BASED DEWORMING: OVER 600 MILLION SCHOOL-AGE CHILDREN ARE AT RISK OF PARASITIC WORM INFECTION. WORM INFECTIONS INTERFERE WITH NUTRIENT UPTAKE; CAN LEAD TO ANEMIA, MALNOURISHMENT AND IMPAIRED MENTAL AND PHYSICAL DEVELOPMENT; AND POSE A SERIOUS THREAT TO CHILDREN'S HEALTH, EDUCATION, AND PRODUCTIVITY. INFECTED CHILDREN ARE OFTEN TOO SICK OR TIRED TO CONCENTRATE AT SCHOOL, OR TO ATTEND AT ALL. WORM INFECTIONS ARE ESTIMATED TO CAUSE A LOSS OF 200 TO 524 MILLION YEARS OF PRIMARY SCHOOLING. PARASITIC WORMS EXACT A CLEAR TOLL ON HUMAN CAPITAL, HINDERING ECONOMIC DEVELOPMENT IN PARTS OF THE WORLD THAT CAN LEAST AFFORD IT. OVER 400 MILLION AT-RISK SCHOOL-AGE CHILDREN REMAIN UNTREATED. TREATMENT WITH A SIMPLE PILL IS UNIVERSALLY RECOGNIZED AS A SAFE AND COST-EFFECTIVE SOLUTION. SCHOOL-BASED DEWORMING PROGRAMS LEVERAGE THE EXISTING AND EXTENSIVE INFRA-STRUCTURE OF SCHOOLS AND THE DOCUMENTED IMPORTANCE OF CONVENIENCE IN ACHIEVING HIGH TAKE-UP OF PREVENTITIVE HEALTHCARE. RIGOROUS EVIDENCE SHOWS THAT SCHOOL-BASED DEWORMING IS A COST-EFFECTIVE SOLUTION THAT TRANSFORMS THE LIVES OF CHILDREN OVER THE SHORT AND LONG TERM. A RANDOMIZED TRIAL IN KENYA IN THE EARLY 2000S FOUND SCHOOL-BASED DEWORMING:-REDUCES SCHOOL ABSENTEEISM BY 25%-INCREASES HOURS WORKED BY ADULTS BY 12%-INCREASES FUTURE WAGE EARNINGS BY 23%SPILLOVER EFFECTS OF TREATMENT PROVIDE BE
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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,620,852
Liabilities
$27,408,417
Net assets
-$8,787,565
Revenue
$39,166,162
Expenses
$42,597,925
Net income
-$3,431,763
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.4$28.9$4.58$52.8$57.9$5.10
2023Detailed filing. Detailed filing data is available for this year.$32.1$21.8$10.3$53.3$54.4$1.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.8$27.0$11.9$54.9$49.3$5.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$24.2$6.63$47.8$43.6$4.24
2020Detailed filing. Detailed filing data is available for this year.$25.6$23.1$2.53$35.4$35.5$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$19.6$2.68$43.8$42.4$1.44
2018Detailed filing. Detailed filing data is available for this year.$22.8$21.5$1.24$41.1$39.9$1.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.5$19.4$0.07$42.5$38.3$4.19
2016Detailed filing. Detailed filing data is available for this year.$22.6$26.7$4.12$49.6$45.0$4.67
2015Detailed filing. Detailed filing data is available for this year.$18.6$27.4$8.79$39.2$42.6$3.43
2014Detailed filing. Detailed filing data is available for this year.$29.7$28.2$1.45$42.6$42.8$0.23
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$25.1$23.4$1.68$40.5$40.3$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$20.9$1.44$35.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$9.56$4.87$27.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$0.84$32.4$18.5