Civic Intelligence

Innovations for Poverty Action

990 • Fiscal year 2022 • EIN 06-1660068

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1701 Rhode Island Ave NorthwestWashington, DC 20036

(203) 672-9507

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.69x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.49x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

58th percentile

10%

Higher net margin than 58% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

37th percentile

$284,626

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

87th percentile

26%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Up

$38,831,283

Up $8,020,020 (+26%) from 2021

Net Assets

Up

$11,858,698

Up $5,231,516 (+79%) from 2021

Liabilities

Up

$26,972,585

Up $2,788,504 (+12%) from 2021

Revenue

Up

$54,859,211

Up $7,049,900 (+15%) from 2021

Expenses

Up

$49,275,784

Up $5,707,451 (+13%) from 2021

Net Income

Up

$5,583,427

Up $1,342,449 (+32%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$38,831,283
Liabilities$26,972,585
Net Assets$11,858,698

Operations Trend

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

2022

Revenue$54,859,211
Expenses$49,275,784
Net Income$5,583,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$54,859,211
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,493,496$14,456,771▼ $2,036,725
Accounts Receivable$9,944,829$11,827,345▲ $1,882,516
Savings and Temporary Cash Investments$1,390,375$5,409,139▲ $4,018,764
Pledges and Grants Receivable$1,405,012$4,687,552▲ $3,282,540
Prepaid Expenses and Deferred Charges$714,219$996,095▲ $281,876
Land, Buildings, and Equipment, Net$287,849$373,920▲ $86,071
Inventories for Sale or Use$158,527$254,511▲ $95,984
Total Assets$30,811,263$38,831,283▲ $8,020,020
Other Assets Total$416,956$825,950▲ $408,994
Liabilities
Deferred Revenue$19,491,648$22,056,105▲ $2,564,457
Accounts Payable and Accrued Expenses$4,650,793$4,562,090▼ $88,703
Other Liabilities$41,640$354,390▲ $312,750
Total Liabilities$24,184,081$26,972,585▲ $2,788,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,222,170$6,981,146▲ $1,758,976
Net Assets With Donor Restrictions$1,405,012$4,877,552▲ $3,472,540
Total Net Assets Fund Balance$6,627,182$11,858,698▲ $5,231,516
Total Liabilities and Net Assets / Fund Balance$30,811,263$38,831,283▲ $8,020,020

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$211,613$303,228$514,841
Other Land Buildings$162,307-$162,307
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric FulliloveCFOFT$258,909$25,717$284,626
Annie DufloExecutive DirectorFT$239,022$45,317$284,339
Steven GlazermanChief Rsrch & MethodologyFT$217,104$53,649$270,753
Meseret AnseboChief People OfficerFT$224,692$42,336$267,028
Stacey Daves-ohlinGeneral CounselFT$206,145$54,402$260,547
Pace PhillipsDirector Business & Prog DevelFT$143,045$48,190$191,235
Elliott M CollinsDirector Poverty MeasurementFT$138,035$48,373$186,408
Radha RajkotiaChief Rsrch & Policy OfficerFT$156,675$15,338$172,013
Carin MirowitzCountry DirectorFT$123,500$7,233$130,733

Board Members and Trustees

NameTitle
Russell SiegelmanChairman
Dean KarlanFounder & President (outgoing)
Ankur VoraDirector
Benjamin AppenDirector
Cina LawsonDirector
David WellsDirector
Heather Woodruff GrizzleDirector
Jane MariaraDirector
Karen LevyDirector
Kentaro ToyamaDirector
Laura HattendorfDirector
Rakesh RajaniDirector
Trey BeckDirector
Wendy AbtDirector
Susan AtheyDirector (outgoing)

Highest Paid Contractors

ContractorServicesLocationCompensation
Strategic Consulting Associates LLCStaffing23 HONEY HILL ROAD, Norwalk, CT 06851$153,100
Revenue and Support

Revenue Composition

Contributions and Grants
$53,884,762
Program Service Revenue
$56,435
Investment Income
$17,368
Other Revenue
$900,646
All Other Contributions
$51,165,963
Change in Net Assets
$5,583,427

Audited Revenue Reconciliation

Revenue per Audited Statements
$54,859,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-351,911
Total Revenue per Audited Statements
$54,507,300
Total Revenue per Form 990
$54,859,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$28,455,156
Other Expenses$18,412,390
Grants and Similar Amounts Paid$2,408,238
Total Fundraising Expense$786,730
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,080,056$4,528,678$434,706$22,043,440
Fees for Services Other$3,939,989$677,570$9,855$4,627,414
Travel$3,685,148$353,725$18,046$4,056,919
Other Employee Benefits$2,162,013$1,074,914$120,702$3,357,629
Payroll Taxes$819,051$457,060$45,710$1,321,821
Grants to Domestic Orgs$1,315,991--$1,315,991
Office Expenses$1,119,364$167,976$20,360$1,307,700
Occupancy$901,016$188,922$30,439$1,120,377
Information Technology$779,141$293,399$39,865$1,112,405
Current Officers, Directors, Trustees, and Key Employees$5,687$1,090,851-$1,096,538
Foreign Grants$1,092,247--$1,092,247
Conferences and Meetings$752,080$67,181$218$819,479
Pension Plan Contributions$411,706$201,037$22,985$635,728
Fees for Services Legal-$461,795-$461,795
Advertising$353,733$61,700$12,838$428,271
Fees for Services Accounting-$399,209-$399,209
Other Expenses$267,814$46,714$9,720$324,248
All Other Expenses$249,728$43,559$9,063$302,350
Insurance$211,575$38,630$12,223$262,428
Depreciation Depletion$22,406$83,710-$106,116
Total Functional Expenses$38,251,054$10,238,000$786,730$49,275,784

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$49,275,784
Total Expenses per Audited Statements$49,275,784
Total Expenses per Form 990$49,275,784
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Partners InternationalSan Francisco, CA501(c)(3)Mental Health & Psychosocial Support Services (mhpss) in Myanmar$295,278
Carnegie Mellon UniversityPittsburgh, PA501(c)(3)Seme - Learning Crisis$129,135
The Regents of University of California BerkeleyBerkley, CA501(c)(3)Syrian Refugee Life Study$120,000
End Modern Slavery Initiative FoundWashington Dc, DC501(c)(3)Gfems (india)$118,473
The University of ChicagoChicago, IL501(c)(3)WHAT DRIVES INDIVIDUALS TO JOIN ARMED ORGANIZATIONS?$112,031
Yale UniversityNew Haven, CT501(c)(3)Intergroup Contact and Refugee-native Integration in Lebanon$80,000
Search for Common GroundWashington Dc, DC501(c)(3)Nigeria Herder Farmer Dialogues$57,083
Stanford UniversityPalo Alto, CA501(c)(3)Understanding the Dynamics of Refugee Return$53,314
The Freedom FundBrooklyn, NY501(c)(3)The Freedom Fund (brazil)$47,762
International Rescue CommitteeNew York, NY501(c)(3)Becoming One$45,000
Duke UniversityDurham, NC501(c)(3)Real Man Challenge Peru$31,741
Univ of Penn TrustePhiladelphia, PA501(c)(3)Seme - Learning Crisis$29,628
Univ of Penn TrustePhiladelphia, PA501(c)(3)Academic Lead - University of Pennsylvania (grossman)$25,000
Center for Global DevelopmentWashington Dc, DC501(c)(3)Microenterprise Support to Assimilate Refugees in Uganda$21,001
The College of William and MaryWilliamsburgh, VA501(c)(3)Advanced Research Methods in Social Sciences$19,903
International Rescue CommitteeNew York, NY501(c)(3)Advancing Evidence-based Multi-generational Programm$16,986
The College of William and MaryWilliamsburgh, VA501(c)(3)Interoperable Payments Systems Roessler - William & Mary Subaward 2021$16,955
The Freedom StoryOakland, CA501(c)(3)The Freedom Story (thailand)$15,939
International Youth FoundationBaltimore, MD501(c)(3)Coordinating Research on Soft Skills Measurement in Low- and Middle-income Count$15,000
Eleison FoundationMilan, NY501(c)(3)Eleison Foundation (philippines)$14,619
World Learning IncBrattleboro, VT501(c)(3)Coordinating Research on Soft Skills Measurement in Low- and Middle-income Count$12,217
New York UniversityNew York, NY501(c)(3)Nyu-praxis (india)$10,734
Network for Empowerment & Progressive InitiativesBronx, NY501(c)(3)STYL LONG-TERM FOLLOW-UP (9YRS+)$10,666
The Regents of University of California BerkeleyBerkley, CA501(c)(3)Addressing the Baby Profit Gap Testing Interventions to Boost Profits$10,350

International Summary

Offices
54
Employees
1,826
Spending
$38,251,524

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 Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesImpact Evaluation24963$24,324,950
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesImpact Evaluation5209$4,365,780
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServicesImpact Evaluation2123$2,807,272
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesImpact Evaluation6140$2,368,290
GlobalProgram ServicesImpact Evaluation1264$1,610,256
North America - Canada and Mexico, But Not the United StatesProgram ServicesImpact Evaluation155$1,302,480
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesImpact Evaluation1058$1,148,361
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesImpact Evaluation413$311,917
Middle East and North AfricaProgram ServicesImpact Evaluation11$12,218
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
Lease Liabilities$354,390
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 35% controlled entity
No
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 B, Line 11B

The form 990 is prepared by an independent accountant 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 irs.

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 general counsel presents conflicts of interest to the governance committee, which 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

Ipa has a total reward philosophy, which is used to ensure we appropriately attract, develop, and retain staff. Ips has selected appropriate comparator organizations against which it benchmarks salaries. Salary ranges are reviewed annually for each salary grade. Ipa utilized accredited external specialists in compensation and benefits to assess market movements and determine salary ranges within our ability to pay.

Form 990, Part VI, Section C, Line 19

The organization's audited financial statements 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 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
2036729507
Address
1701 RHODE ISLAND AVE NORTHWEST, WASHINGTON, DC 20036

Signing Officer

Name
Annie Duflo
Title
Executive Director
Phone
2036729507
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Annie Duflo
Formed
2002
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
137
Volunteers
13

Preparer

Firm
Cbiz Marks Paneth LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization believes it has no uncertain tax positions as of december 31, 2022 in accordance with fasb asc topic 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions.

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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/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt17GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF PEOPLE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19COUNTRY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIR. POVERTY MEASUREMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIR. BUSINESS & PROG DEVEL
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF RSRCH & POLICY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF RSRCH & METHODOLOGY
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IRS990/OtherExpensesGrp/TotalAmt2358822
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FOREUGN CURRENCY TRANSLATION ADJU
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0867680

Document Assets

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Filings

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
2022Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $50M-$100M nonprofits