Civic Intelligence

Kupona Foundation

990 • Fiscal year 2016 • EIN 26-4371825

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 24, 2017

12 Bensonhurst AvenueSaratoga Springs, NY 12866

(518) 376-0189

Siviq Scores

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

Liabilities / Assets

90th percentile

0.61x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • NTEE Q • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.26x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • NTEE Q • $1M-$5M nonprofits • Source year 2016

Net Margin

56th percentile

6.2%

Higher net margin than 56% of similar nonprofits.

2016 filings • NTEE Q • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

69th percentile

$113,643

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2016 filings • NTEE Q • $1M-$5M nonprofits • Source year 2016

Asset Growth

96th percentile

292%

Faster asset growth than 96% of similar nonprofits.

2016 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

42%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$534,114

Up $397,775 (+292%) from 2015

Net Assets

Up

$205,969

Up $79,064 (+62%) from 2015

Liabilities

Up

$328,145

Up $318,711 (+3378%) from 2015

Revenue

Up

$1,277,106

Up $378,162 (+42%) from 2015

Expenses

Up

$1,198,042

Up $166,257 (+16%) from 2015

Net Income

Up

$79,064

Up $211,905 (+160%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $155,692Liabilities 2010: $8,000Net Assets 2010: $147,6922010Assets 2012: $319,840Liabilities 2012: $7,000Net Assets 2012: $312,8402012Assets 2015: $136,339Liabilities 2015: $9,434Net Assets 2015: $126,9052015Assets 2016: $534,114Liabilities 2016: $328,145Net Assets 2016: $205,9692016Assets 2018: $474,131Liabilities 2018: $260,216Net Assets 2018: $213,9152018Assets 2019: $137,986Liabilities 2019: $10,108Net Assets 2019: $127,8782019Assets 2020: $156,660Liabilities 2020: $44,070Net Assets 2020: $112,5902020Assets 2021: $178,929Liabilities 2021: $6,000Net Assets 2021: $172,9292021Assets 2022: $133,645Liabilities 2022: $6,500Net Assets 2022: $127,1452022Assets 2024: $40,038Liabilities 2024: $13,521Net Assets 2024: $26,5172024

Highlighted filing

2016

Assets$534,114
Liabilities$328,145
Net Assets$205,969

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $233,2222010Expenses 2012: $319,5332012Revenue 2015: $898,944Expenses 2015: $1,031,785Net Income 2015: -$132,8412015Revenue 2016: $1,277,106Expenses 2016: $1,198,042Net Income 2016: $79,0642016Revenue 2018: $1,099,154Expenses 2018: $1,086,671Net Income 2018: $12,4832018Revenue 2019: $903,823Expenses 2019: $989,860Net Income 2019: -$86,0372019Revenue 2020: $920,657Expenses 2020: $935,945Net Income 2020: -$15,2882020Revenue 2021: $428,956Expenses 2021: $368,617Net Income 2021: $60,3392021Revenue 2022: $273,743Expenses 2022: $319,527Net Income 2022: -$45,7842022Revenue 2024: $246,384Expenses 2024: $465,434Net Income 2024: -$219,0502024

Highlighted filing

2016

Revenue$1,277,106
Expenses$1,198,042
Net Income$79,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 24, 2017
Return Version
2016v3.0
Gross Receipts
$1,304,430
Mission and Program Overview

Mission

Kupona Foundation empowers people and communities living in poverty in Tanzania to realize their full potential by improving their access to quality healthcare. Kupona mobilizes support and activates awareness to enable the continuation and sustainable growth of the life changing programs implemented by their sister organization, CCBRT (Comprehensive Community Based Rehabilitation in Tanzania). By convening a community of donors, technical experts, advocates and volunteers, Kupona gives individuals and institutions in the United States the opportunity to have a direct impact on the lives of people and communities living in poverty in Tanzania.

Kupona Foundation empowers people and communities living in poverty in Tanzania to realize their full potential by improving their access to quality healthcare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,368$463,864▲ $428,496
Savings and Temporary Cash Investments$44,260$68,967▲ $24,707
Pledges and Grants Receivable$55,000$0▼ $55,000
Land, Buildings, and Equipment, Net$1,711$1,283▼ $428
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$136,339$534,114▲ $397,775
Other Assets Total-$0-
Liabilities
Grants Payable-$313,935-
Accounts Payable and Accrued Expenses$9,434$14,210▲ $4,776
Total Liabilities$9,434$328,145▲ $318,711
Net Assets / Fund Balance
Unrestricted Net Assets$71,905$205,969▲ $134,064
Temporarily Rstr Net Assets$55,000--
Total Net Assets Fund Balance$126,905$205,969▲ $79,064
Total Liabilities and Net Assets / Fund Balance$136,339$534,114▲ $397,775

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,283$856-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abbey KocanExecutive DirectorFT$97,000$16,643$113,643

Board Members and Trustees

NameTitle
John BrothersPresident
James MannVice Chair
Mira DewjiDirector
Robert SchwedDirector
Steven HatfieldDirector
Adrian StewartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,296,952
Program Service Revenue
$0
Investment Income
$58
Other Revenue
$-19,904
All Other Contributions
$1,246,724
Change in Net Assets
$79,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$909,924
Salaries, Compensation, and Employee Benefits$162,092
Other Expenses$126,026
Total Fundraising Expense$81,911
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$909,924--$909,924
Current Officers, Directors, Trustees, and Key Employees$38,870$16,900$28,730$84,500
Other Salaries and Wages$19,550$8,500$14,450$42,500
Other Employee Benefits$10,894$3,810$8,979$23,683
Payroll Taxes$5,248$2,282$3,879$11,409
Office Expenses$1,180$3,466$2,285$6,931
Other Expenses$19,645$900$900$1,800
All Other Expenses--$1,338$1,338
Depreciation Depletion-$428-$428
Total Functional Expenses$1,069,862$46,269$81,911$1,198,042
International Activity

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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$27,324
Fundraising Gross Income$7,420
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament and Golf Dinner$57,648$7,420$27,324$-19,904
Total Events$57,648$7,420$27,324$-19,904
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Yes, the Form 990 was sent to the Board of Directors via email for review and approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

ENFORCED AS PER NYS LAW.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

In June 2014 Kupona launched a Performance Management process for a Mid-Year and Year-End review of all employees (at that time only the Executive Director), led by the Organizational Capacity Committee chair. The employee conducted a self-evaluation at Mid-Year and Year-End performance, identifying strengths and development areas and noting progress against duties and responsibilities as identified in the Job Description. The Organizational Capacity Commitee chair reviews the self-evaluation at Mid-Year and Year-End, solicits input from the Board, Advisory Board and CCBRT as needed, provides feedback and discusses performance with the employee, and recommends compensation or bonus adjustments, to be approved or denied by the Board of Directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Kupona Foundation hired its first non-Executive Director employees in 2014. Compensation for these employees was discussed with and approved by the Board of Directors before offers were made. The performance management process launched in June 2014 with a Mid-Year and Year-End review cycle will be used for all employees.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Financial statements are posted on the organization's website; all other documents are made available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

PROVIDED UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kupona Foundation
EIN
26-4371825
Phone
5183760189
Address
12 BENSONHURST AVENUE, SARATOGA SPRINGS, NY 12866

Signing Officer

Name
Abbey Kocan
Title
Executive Director
Signed
2017-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr John Brothers
Formed
2009
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
17

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 602, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

In 2016, Kupona Foundation formed a new partnership with ReSurge International, a non-profit that provides reconstructive surgical care for poor children and adults who lack access and builds surgical capacity in developing countries. Together with ReSurge, Kupona Foundation secured funding from longstanding partner Johnson & Johnson to facilitate reconstructive surgery training for medical teams in Tanzania. A CCBRT surgical team, as well as clinicians from other facilities, benefited from this training. Kupona Foundation was the prime grantee for this award. Kupona Foundation received all funds from Johnson & Johnson and distributed to CCBRT and ReSurge International as sub-grantees, according to signed agreements.In 2016, Kupona Foundation also hosted an art exhibition (Kupona Foundation did not own the art) in New York City as a creative way to raise awareness of one of the key global health causes we champion, obstetric fistula. Using art as a vehicle for storytelling and community engagement, Kupona was able to connect with new supporters and members of the international fistula community. The project mobilized support and increased awareness of the partnerships and programs working to eradicate obstetric fistula, including CCBRTs role as one of the largest providers of comprehensive obstetric fistula treatment in the world. Kupona Foundation received both financial and in-kind support from partners, including Johnson & Johnson and UNFPA, to facilitate the execution of the project.

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IRS990/MissionDesc0Kupona Foundation empowers people and communities living in poverty in Tanzania to realize their full potential by improving their access to quality healthcare. Kupona mobilizes support and activates awareness to enable the continuation and sustainable growth of the life changing programs implemented by their sister organization, CCBRT (Comprehensive Community Based Rehabilitation in Tanzania). By convening a community of donors, technical experts, advocates and volunteers, Kupona gives individuals and institutions in the United States the opportunity to have a direct impact on the lives of people and communities living in poverty in Tanzania.
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IRS990/OtherExpensesGrp/FundraisingAmt13135
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IRS990/OtherSalariesAndWagesGrp/TotalAmt042500
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02282
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IRS990/PrincipalOfficerNm0DR JOHN BROTHERS
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY509Pct00.78130
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0113011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0733604
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0173189
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0666814
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03621737
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0856
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01283
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0BANK TRANS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt025500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0HOSPITAL
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANTEE FURNISHES REPORTS AND SITE VISITS ARE MADE
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In 2016, Kupona Foundation formed a new partnership with ReSurge International, a non-profit that provides reconstructive surgical care for poor children and adults who lack access and builds surgical capacity in developing countries. Together with ReSurge, Kupona Foundation secured funding from longstanding partner Johnson & Johnson to facilitate reconstructive surgery training for medical teams in Tanzania. A CCBRT surgical team, as well as clinicians from other facilities, benefited from this training. Kupona Foundation was the prime grantee for this award. Kupona Foundation received all funds from Johnson & Johnson and distributed to CCBRT and ReSurge International as sub-grantees, according to signed agreements.In 2016, Kupona Foundation also hosted an art exhibition (Kupona Foundation did not own the art) in New York City as a creative way to raise awareness of one of the key global health causes we champion, obstetric fistula. Using art as a vehicle for storytelling and community engagement, Kupona was able to connect with new supporters and members of the international fistula community. The project mobilized support and increased awareness of the partnerships and programs working to eradicate obstetric fistula, including CCBRTs role as one of the largest providers of comprehensive obstetric fistula treatment in the world. Kupona Foundation received both financial and in-kind support from partners, including Johnson & Johnson and UNFPA, to facilitate the execution of the project.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yes, the Form 990 was sent to the Board of Directors via email for review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCED AS PER NYS LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In June 2014 Kupona launched a Performance Management process for a Mid-Year and Year-End review of all employees (at that time only the Executive Director), led by the Organizational Capacity Committee chair. The employee conducted a self-evaluation at Mid-Year and Year-End performance, identifying strengths and development areas and noting progress against duties and responsibilities as identified in the Job Description. The Organizational Capacity Commitee chair reviews the self-evaluation at Mid-Year and Year-End, solicits input from the Board, Advisory Board and CCBRT as needed, provides feedback and discusses performance with the employee, and recommends compensation or bonus adjustments, to be approved or denied by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Kupona Foundation hired its first non-Executive Director employees in 2014. Compensation for these employees was discussed with and approved by the Board of Directors before offers were made. The performance management process launched in June 2014 with a Mid-Year and Year-End review cycle will be used for all employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financial statements are posted on the organization's website; all other documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services

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