Civic Intelligence

Eliminate Poverty Now Inc.

990 • Fiscal year 2018 • EIN 27-2121165

Jan 01, 2018 to Dec 31, 2018 • Filed on May 01, 2019

PO Box 67Mendham, NJ 07945

(201) 563-1175

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

58th percentile

7.1%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$233,254

Up $17,083 (+7.9%) from 2017

Net Assets

Up

$233,254

Up $17,083 (+7.9%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$240,052

Up $31,817 (+15%) from 2017

Expenses

Up

$222,969

Up $26,813 (+14%) from 2017

Net Income

Up

$17,083

Up $5,004 (+41%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $216,171Liabilities 2017: $0Net Assets 2017: $216,1712017Assets 2018: $233,254Liabilities 2018: $0Net Assets 2018: $233,2542018Assets 2019: $201,407Liabilities 2019: $0Net Assets 2019: $201,4072019Assets 2020: $271,311Liabilities 2020: $0Net Assets 2020: $271,3112020Assets 2021: $406,512Liabilities 2021: $250,000Net Assets 2021: $156,5122021Assets 2022: $338,305Liabilities 2022: $0Net Assets 2022: $338,3052022Assets 2023: $274,340Liabilities 2023: $0Net Assets 2023: $274,3402023Assets 2024: $419,903Liabilities 2024: $0Net Assets 2024: $419,9032024Assets 2025: $349,556Liabilities 2025: $0Net Assets 2025: $349,5562025

Highlighted filing

2018

Assets$233,254
Liabilities$0
Net Assets$233,254

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $208,235Expenses 2017: $196,156Net Income 2017: $12,0792017Revenue 2018: $240,052Expenses 2018: $222,969Net Income 2018: $17,0832018Revenue 2019: $239,821Expenses 2019: $271,668Net Income 2019: -$31,8472019Revenue 2020: $469,258Expenses 2020: $399,354Net Income 2020: $69,9042020Revenue 2021: $476,043Expenses 2021: $590,842Net Income 2021: -$114,7992021Revenue 2022: $502,171Expenses 2022: $320,378Net Income 2022: $181,7932022Revenue 2023: $207,633Expenses 2023: $271,599Net Income 2023: -$63,9662023Revenue 2024: $302,417Expenses 2024: $156,854Net Income 2024: $145,5632024Revenue 2025: $53,844Expenses 2025: $151,200Net Income 2025: -$97,3562025

Highlighted filing

2018

Revenue$240,052
Expenses$222,969
Net Income$17,083
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 1, 2019
Return Version
2018v3.1
Gross Receipts
$240,052
Mission and Program Overview

Mission

Empowering africa's extreme poor, especially women & girls, to lift themselves out of poverty.

Empowering africa's extreme poor, especially women & girls, to lift themselves out of poverty

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$202,213$223,658▲ $21,445
Investments in Publicly Traded Securities$13,958$9,596▼ $4,362
Total Assets$216,171$233,254▲ $17,083
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$216,171$233,254▲ $17,083
Total Net Assets Fund Balance$216,171$233,254▲ $17,083
Total Liabilities and Net Assets / Fund Balance$216,171$233,254▲ $17,083
Compensation and Service Providers

Board Members and Trustees

NameTitle
John S CraigPresident
Elizabeth C CraigBoard Member
Kaveh NaficyBoard Member
Lawrence L SamuelsSecretary
Judith L CraigTreasurer
Peter WentworthVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$240,044
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$240,044
Change in Net Assets
$17,083

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$37,628Fair Market Value (FMV) of Services Rendered
Total Noncash Contributions2$37,628-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,175
Other Expenses$72,794
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$150,175--$150,175
Information Technology-$36,444-$36,444
Travel-$11,932-$11,932
Fees for Services Management-$10,556-$10,556
Advertising-$6,010-$6,010
Fees for Services Accounting-$5,450-$5,450
Office Expenses-$1,362-$1,362
Other Expenses-$1,040-$1,040
Total Functional Expenses$150,175$72,794$0$222,969
International Activity

International Summary

Offices
1
Employees
1
Spending
$150,175

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 AfricaGrants to Recipients-11$150,175
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

John craig judith craig president treasurer husband and wife elizabeth craig john and judith craig board member daughter

Form 990, Page 6, Part VI, Line 11B

This form 990 has been distributed by email to all members of the board for their review.

Form 990, Page 6, Part VI, Line 19

Eliminate poverty now makes its documents available to the public online at guidestar (www.guidestar.org), global giving (www.globalgiving.org), and at the eliminate poverty now website:www.eliminatepovertynow.org

Filing and Contact Details

Filer

Filer Name
Eliminate Poverty Now Inc
EIN
27-2121165
Phone
2015631175
Address
PO BOX 67, MENDHAM, NJ 07945

Signing Officer

Name
John S Craig
Title
President
Phone
9735438880
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John S Craig
Formed
2010
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
18

Preparer

Firm
Beacon Trust
Address
163 MADISON AVE STE 600, MORRISTOWN, NJ 07960-7324
Preparer
Bhakti Shah
Phone
9732067100
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Farmers of the future objective: to change attitudes towards farming and encourage adoption of intensive farming practices in the country of niger. The program targets mothers in the community and students in the local schools. Students receive a combination of classroom and experiential learning. The mothers participate in profitable and self-sustaining agribusiness ventures. Program design was completed in 2011. This project has been included in all 990 reporting years. Accomplishments: the program expanded to five new sites in the baleyara region of niger. The original farmers of the future sites are self- sustaining at this time. The organization is developing plans to create the pre-eminent horticulture training center in niger. The center will train up to 40 field technicians annually. Approximately 30% of the 1.5m needed to create and operate the center for five years have been raised.

Form 990, Page 2, Part III, Line 4B

Little rock scholarships and tutoring programs objective: provide 4 year scholarships to secondary boarding schools for graduates of the little rock school located in kibera, the largest urban slum in kenya. The program also pays for tutors to work with students during their primary school years to improve their academic performance and chances of winning scholarships. The program has been included in all the 990s filed from 2011 through 2018. Accomplishments: the number of scholars qualifying for scholarships is growing year over year since the inception of the program. At this time, we are awarding fourteen new secondary scholarships each year. To insure an even better future, we have instituted a university scholarship program as well. This project will insure a better future for qualified students. This year, five students went on to higher education.

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IRS990/ProgSrvcAccomActy2Grp/Desc0LITTLE ROCK SCHOLARSHIPS AND TUTORING PROGRAMS OBJECTIVE: PROVIDE 4 YEAR SCHOLARSHIPS TO SECONDARY BOARDING SCHOOLS FOR GRADUATES OF THE LITTLE ROCK SCHOOL LOCATED IN KIBERA, THE LARGEST URBAN SLUM IN KENYA. THE PROGRAM ALSO PAYS FOR TUTORS TO WORK WITH STUDENTS DURING THEIR PRIMARY SCHOOL YEARS TO IMPROVE THEIR ACADEMIC PERFORMANCE AND CHANCES OF WINNING SCHOLARSHIPS. THE PROGRAM HAS BEEN INCLUDED IN ALL THE 990S FILED FROM 2011 THROUGH 2018. ACCOMPLISHMENTS: THE NUMBER OF SCHOLARS QUALIFYING FOR SCHOLARSHIPS IS GROWING YEAR OVER YEAR SINCE THE INCEPTION OF THE PROGRAM. AT THIS TIME, WE ARE AWARDING FOURTEEN NEW SECONDARY SCHOLARSHIPS EACH YEAR. TO INSURE AN EVEN BETTER FUTURE, WE HAVE INSTITUTED A UNIVERSITY SCHOLARSHIP PROGRAM AS WELL. THIS PROJECT WILL INSURE A BETTER FUTURE FOR QUALIFIED STUDENTS. THIS YEAR, FIVE STUDENTS WENT ON TO HIGHER EDUCATION.
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1PART I, LINE 2: ALL GRANTEE ORGANIZATIONS REPORT PERIODICALLY REGARDING USE OF FUNDS AND THE PROGRESS OF PROJECTS. DEPENDING HOW ACTIVE THE PROJECTS ARE, WE MAY REQUIRE REPORTS TO BE SUBMITTED WEEKLY, MONTHLY, QUARTERLY, OR ANNUALLY. ALL GRANTEE ORGANIZATIONS SUPPLY INVOICES, RECEIPTS, AND OTHER DOCUMENTATION AS REQUESTED BY ELIMINATE POVERTY NOW. ALL GRANTEE ORGANIZATIONS PROVIDE A WRITTEN REPORT AND ACCOUNTING OF HOW GRANT FUNDS WERE USED. IN ADDITION, REPRESENTATIVES FROM ELIMINATE POVERTY NOW VISIT GRANTEE ORGANIZATIONS AND PROJECT SITES IN AFRICA ANNUALLY.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 5, PART V
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0PART I, COLUMN(B) REPORTS THE NUMBER OF DONATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FARMERS OF THE FUTURE OBJECTIVE: TO CHANGE ATTITUDES TOWARDS FARMING AND ENCOURAGE ADOPTION OF INTENSIVE FARMING PRACTICES IN THE COUNTRY OF NIGER. THE PROGRAM TARGETS MOTHERS IN THE COMMUNITY AND STUDENTS IN THE LOCAL SCHOOLS. STUDENTS RECEIVE A COMBINATION OF CLASSROOM AND EXPERIENTIAL LEARNING. THE MOTHERS PARTICIPATE IN PROFITABLE AND SELF-SUSTAINING AGRIBUSINESS VENTURES. PROGRAM DESIGN WAS COMPLETED IN 2011. THIS PROJECT HAS BEEN INCLUDED IN ALL 990 REPORTING YEARS. ACCOMPLISHMENTS: THE PROGRAM EXPANDED TO FIVE NEW SITES IN THE BALEYARA REGION OF NIGER. THE ORIGINAL FARMERS OF THE FUTURE SITES ARE SELF- SUSTAINING AT THIS TIME. THE ORGANIZATION IS DEVELOPING PLANS TO CREATE THE PRE-EMINENT HORTICULTURE TRAINING CENTER IN NIGER. THE CENTER WILL TRAIN UP TO 40 FIELD TECHNICIANS ANNUALLY. APPROXIMATELY 30% OF THE 1.5M NEEDED TO CREATE AND OPERATE THE CENTER FOR FIVE YEARS HAVE BEEN RAISED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LITTLE ROCK SCHOLARSHIPS AND TUTORING PROGRAMS OBJECTIVE: PROVIDE 4 YEAR SCHOLARSHIPS TO SECONDARY BOARDING SCHOOLS FOR GRADUATES OF THE LITTLE ROCK SCHOOL LOCATED IN KIBERA, THE LARGEST URBAN SLUM IN KENYA. THE PROGRAM ALSO PAYS FOR TUTORS TO WORK WITH STUDENTS DURING THEIR PRIMARY SCHOOL YEARS TO IMPROVE THEIR ACADEMIC PERFORMANCE AND CHANCES OF WINNING SCHOLARSHIPS. THE PROGRAM HAS BEEN INCLUDED IN ALL THE 990S FILED FROM 2011 THROUGH 2018. ACCOMPLISHMENTS: THE NUMBER OF SCHOLARS QUALIFYING FOR SCHOLARSHIPS IS GROWING YEAR OVER YEAR SINCE THE INCEPTION OF THE PROGRAM. AT THIS TIME, WE ARE AWARDING FOURTEEN NEW SECONDARY SCHOLARSHIPS EACH YEAR. TO INSURE AN EVEN BETTER FUTURE, WE HAVE INSTITUTED A UNIVERSITY SCHOLARSHIP PROGRAM AS WELL. THIS PROJECT WILL INSURE A BETTER FUTURE FOR QUALIFIED STUDENTS. THIS YEAR, FIVE STUDENTS WENT ON TO HIGHER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JOHN CRAIG JUDITH CRAIG PRESIDENT TREASURER HUSBAND AND WIFE ELIZABETH CRAIG JOHN AND JUDITH CRAIG BOARD MEMBER DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS FORM 990 HAS BEEN DISTRIBUTED BY EMAIL TO ALL MEMBERS OF THE BOARD FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELIMINATE POVERTY NOW MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC ONLINE AT GUIDESTAR (WWW.GUIDESTAR.ORG), GLOBAL GIVING (WWW.GLOBALGIVING.ORG), AND AT THE ELIMINATE POVERTY NOW WEBSITE:WWW.ELIMINATEPOVERTYNOW.ORG
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELIMINATE POVERTY NOW INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0163 MADISON AVE STE 600
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BHAKTI SHAH
ReturnHeader/ReturnTs02019-05-02T09:41:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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