Civic Intelligence

Kupona Foundation

990 • Fiscal year 2017 • EIN 26-4371825

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

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

74th percentile

0.13x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • NTEE Q • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

45th percentile

0.02x

Higher debt load relative to revenue than 45% of similar nonprofits.

2017 filings • NTEE Q • $1M-$5M nonprofits • Source year 2017

Net Margin

35th percentile

-0.3%

Higher net margin than 35% of similar nonprofits.

2017 filings • NTEE Q • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$106,414

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2017 filings • NTEE Q • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-57%

Faster asset growth than 4% of similar nonprofits.

2017 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

15%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$230,632

Down $303,482 (-57%) from 2016

Net Assets

Down

$201,432

Down $4,537 (-2.2%) from 2016

Liabilities

Down

$29,200

Down $298,945 (-91%) from 2016

Revenue

Up

$1,466,543

Up $189,437 (+15%) from 2016

Expenses

Up

$1,471,080

Up $273,038 (+23%) from 2016

Net Income

Down

-$4,537

Down $83,601 (-106%) from 2016

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 2017: $230,632Liabilities 2017: $29,200Net Assets 2017: $201,4322017Assets 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

2017

Assets$230,632
Liabilities$29,200
Net Assets$201,432

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 2017: $1,466,543Expenses 2017: $1,471,080Net Income 2017: -$4,5372017Revenue 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

2017

Revenue$1,466,543
Expenses$1,471,080
Net Income-$4,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$1,479,858
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$463,864$190,577▼ $273,287
Savings and Temporary Cash Investments$68,967$0▼ $68,967
Pledges and Grants Receivable-$39,200-
Land, Buildings, and Equipment, Net$1,283$855▼ $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$534,114$230,632▼ $303,482
Other Assets Total-$0-
Liabilities
Grants Payable$313,935--
Accounts Payable and Accrued Expenses$14,210$29,200▲ $14,990
Total Liabilities$328,145$29,200▼ $298,945
Net Assets / Fund Balance
Unrestricted Net Assets$205,969$125,956▼ $80,013
Temporarily Rstr Net Assets-$75,476-
Total Net Assets Fund Balance$205,969$201,432▼ $4,537
Total Liabilities and Net Assets / Fund Balance$534,114$230,632▼ $303,482

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$855$1,284-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abbey KocanExecutive DirectorFT$84,500$21,914$106,414

Board Members and Trustees

NameTitle
John BrothersPresident
James MannVice Chair
Robert SchwedDirector
Yoni BarnhardDirector
Mira DewjiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,473,114
Program Service Revenue
$0
Investment Income
$94
Other Revenue
$-6,665
All Other Contributions
$1,435,574
Change in Net Assets
$-4,537

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,466,543
Revenue Not Reported on Form 990
$149,487
Total Revenue per Audited Statements
$1,616,030
Total Revenue per Form 990
$1,466,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,111,405
Other Expenses$196,221
Salaries, Compensation, and Employee Benefits$163,454
Total Fundraising Expense$139,962
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,111,405--$1,111,405
Fees for Services Other$108,565$23,411$44,051$176,027
Current Officers, Directors, Trustees, and Key Employees$21,507$21,038$42,545$85,090
Other Salaries and Wages$10,593$10,362$20,955$41,910
Other Employee Benefits$6,356$6,217$12,573$25,146
Payroll Taxes$2,858$2,796$5,654$11,308
Other Expenses$2,642$1,882$2,135$2,135
All Other Expenses-$750$750$1,500
Office Expenses-$308$308$616
Depreciation Depletion-$428-$428
Total Functional Expenses$1,263,926$67,192$139,962$1,471,080

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,620,567
Expenses per Audited Statements$1,471,080
Total Expenses per Form 990$1,471,080
Expenses Not Reported on Form 990$149,487
International Activity

International Compliance

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$13,315
Fundraising Gross Income$6,650
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament and Golf Dinner$44,190$6,650$13,315$-6,665
Total Events$44,190$6,650$13,315$-6,665
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

Form 990 is distributedto the Board of Directors via email for review and comment.

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

Officers, directors, trustees and key employees are required to disclose annually any interests that could give rise to conflicts.

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
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Schwed
Formed
2009
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
18

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

Kupona Foundation funds supported the actiities of CCBRT, Tanzania's largest disability and rehabilitative services provider. The efforts of Kupona Foundation and CCBRT aim to prevent disability , prevent maternal and neonatal mortality and morbidity, provide equitable access to affordable, quality medical and rehabilitaive services, empower people with disabilities and their families, facilitate the inclusion of disability in mainstream services. The three program area that received the bulk of Kupona Foundation funding and technical support in 2017 are (1)CCBRT'S program for the treatment of women with obstetric fistula, including surgical treatment and recovery, the identification and transport of patients from more rural areas of the ocuntry, and their socioeconomic rehabilitaion through skills training and business lessons; (2) CCBRT'S efforts to scale high quality, low cost services for people living with blindness or visual impairment in Tanzania and to sustain these services for future generations; (3) CCBRT's maternal and newborn healthcare program, including both the training of nurses, midwives and doctors in maternal and neonatal health at 23 regional health facilities and preparations to open a new specilalized maternal and newborn hospital in Dar es Salaam.

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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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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0SEE PART V
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0MEDICAL SERVICES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Kupona Foundation funds supported the actiities of CCBRT, Tanzania's largest disability and rehabilitative services provider. The efforts of Kupona Foundation and CCBRT aim to prevent disability , prevent maternal and neonatal mortality and morbidity, provide equitable access to affordable, quality medical and rehabilitaive services, empower people with disabilities and their families, facilitate the inclusion of disability in mainstream services. The three program area that received the bulk of Kupona Foundation funding and technical support in 2017 are (1)CCBRT'S program for the treatment of women with obstetric fistula, including surgical treatment and recovery, the identification and transport of patients from more rural areas of the ocuntry, and their socioeconomic rehabilitaion through skills training and business lessons; (2) CCBRT'S efforts to scale high quality, low cost services for people living with blindness or visual impairment in Tanzania and to sustain these services for future generations; (3) CCBRT's maternal and newborn healthcare program, including both the training of nurses, midwives and doctors in maternal and neonatal health at 23 regional health facilities and preparations to open a new specilalized maternal and newborn hospital in Dar es Salaam.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is distributedto the Board of Directors via email for review and comment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Officers, directors, trustees and key employees are required to disclose annually any interests that could give rise to conflicts.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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