Civic Intelligence

The End Fund Inc

990 • Fiscal year 2016 • EIN 27-3941186

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 06, 2017

41 East 11th Street 11th FloorNew York, NY 10003

(212) 905-6176

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

69th percentile

8.8%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$362,114

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

64th percentile

6.0%

Faster asset growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

64%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$27,069,526

Up $1,522,677 (+6.0%) from 2015

Net Assets

Up

$27,019,313

Up $1,556,235 (+6.1%) from 2015

Liabilities

Down

$50,213

Down $33,558 (-40%) from 2015

Revenue

Up

$17,665,991

Up $6,866,272 (+64%) from 2015

Expenses

Up

$16,109,756

Up $2,653,091 (+20%) from 2015

Net Income

Up

$1,556,235

Up $4,213,181 (+159%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2013: $2,952,072Liabilities 2013: $26,083Net Assets 2013: $2,925,9892013Assets 2014: $28,196,472Liabilities 2014: $76,448Net Assets 2014: $28,120,0242014Assets 2015: $25,546,849Liabilities 2015: $83,771Net Assets 2015: $25,463,0782015Assets 2016: $27,069,526Liabilities 2016: $50,213Net Assets 2016: $27,019,3132016Assets 2017: $29,256,045Liabilities 2017: $112,976Net Assets 2017: $29,143,0692017Assets 2019: $45,414,106Liabilities 2019: $213,038Net Assets 2019: $45,201,0682019Assets 2020: $39,399,933Liabilities 2020: $266,258Net Assets 2020: $39,133,6752020Assets 2021: $37,486,570Liabilities 2021: $291,990Net Assets 2021: $37,194,5802021Assets 2022: $58,581,667Liabilities 2022: $2,774,513Net Assets 2022: $55,807,1542022Assets 2023: $50,403,877Liabilities 2023: $2,684,934Net Assets 2023: $47,718,9432023Assets 2024: $38,929,869Liabilities 2024: $2,786,090Net Assets 2024: $36,143,7792024

Highlighted filing

2016

Assets$27,069,526
Liabilities$50,213
Net Assets$27,019,313

Operations Trend

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

$100M$50M$0-$50MExpenses 2013: $4,714,1192013Revenue 2014: $26,704,014Expenses 2014: $7,200,615Net Income 2014: $19,503,3992014Revenue 2015: $10,799,719Expenses 2015: $13,456,665Net Income 2015: -$2,656,9462015Revenue 2016: $17,665,991Expenses 2016: $16,109,756Net Income 2016: $1,556,2352016Revenue 2017: $19,141,440Expenses 2017: $17,017,684Net Income 2017: $2,123,7562017Revenue 2019: $44,978,754Expenses 2019: $31,011,608Net Income 2019: $13,967,1462019Revenue 2020: $22,787,083Expenses 2020: $28,854,476Net Income 2020: -$6,067,3932020Revenue 2021: $35,034,243Expenses 2021: $36,973,338Net Income 2021: -$1,939,0952021Revenue 2022: $79,135,799Expenses 2022: $60,493,617Net Income 2022: $18,642,1822022Revenue 2023: $56,392,358Expenses 2023: $64,042,913Net Income 2023: -$7,650,5552023Revenue 2024: $62,672,882Expenses 2024: $74,181,557Net Income 2024: -$11,508,6752024

Highlighted filing

2016

Revenue$17,665,991
Expenses$16,109,756
Net Income$1,556,235
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 6, 2017
Return Version
2016v3.1
Gross Receipts
$17,665,991
Mission and Program Overview

Mission

The END Fund focuses on delivering neglected tropical disease (NTD) treatments to those in need by growing and engaging a community of activist-philanthropists, managing high-impact strategic investments, and working in collaboration with government, NGO, pharmaceutical, and academic partners. We aim to take a systems approach to understanding, engaging with, and influencing the broad ecosystem of stakeholders working on ending NTDs.

The end fund's mission is to control and eliminate the most prevalent neglected tropical diseases (ntd's) among the world's poorest and most vulnerable people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$19,669,200$17,285,108▼ $2,384,092
Cash and Non-Interest-Bearing Accounts$5,421,897$9,096,429▲ $3,674,532
Prepaid Expenses and Deferred Charges$43,941$350,726▲ $306,785
Accounts Receivable$63,485$234,319▲ $170,834
Savings and Temporary Cash Investments$348,326$102,944▼ $245,382
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$25,546,849$27,069,526▲ $1,522,677
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$83,771$50,213▼ $33,558
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$83,771$50,213▼ $33,558
Net Assets / Fund Balance
Temporarily Rstr Net Assets$24,017,556$25,464,495▲ $1,446,939
Unrestricted Net Assets$1,445,522$1,554,818▲ $109,296
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$25,463,078$27,019,313▲ $1,556,235
Total Liabilities and Net Assets / Fund Balance$25,546,849$27,069,526▲ $1,522,677
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ellen AglerChief Executive OfficerFT$275,000$87,114$362,114
Sarah Marchal MurrayCOO/secretaryFT$230,000$103,165$333,165
Jamie TallantEmployeeFT$114,000$15,645$129,645
Heather HainesEmployeeFT$101,666$15,137$116,803
Frank LeiAssociate Dir, Finance & Oper.FT$72,500$10,980$83,480

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Warren LancasterProgram ManagementROSMOLEN 20, Leiden, 0, Nl$205,000
Revenue and Support

Revenue Composition

Contributions and Grants
$17,665,959
Program Service Revenue
$0
Investment Income
$32
Other Revenue
$0
All Other Contributions
$17,665,959
Change in Net Assets
$1,556,235

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,665,991
Total Revenue per Audited Statements
$17,665,991
Total Revenue per Form 990
$17,665,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,600,692
Salaries, Compensation, and Employee Benefits$2,135,133
Other Expenses$1,373,931
Total Fundraising Expense$734,817
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$9,226,059--$9,226,059
Grants to Domestic Orgs$3,374,633--$3,374,633
Other Salaries and Wages$968,022$67,500$182,770$1,218,292
Current Officers, Directors, Trustees, and Key Employees$315,625$169,854$97,354$582,833
Travel$253,551$40,109$114,237$407,897
Fees for Services Other$31,403$81,884$144,989$258,276
Other Employee Benefits$162,328$35,677$41,208$239,213
Conferences and Meetings$142,322$22,514$64,125$228,961
Occupancy$142,671$23,164$33,890$199,725
Advertising$152,756-$6,742$159,498
Payroll Taxes$64,326$14,134$16,335$94,795
Fees for Services Accounting$4,612$12,024$21,291$37,927
Information Technology$18,414$10,825$7,511$36,750
Office Expenses$7,954$15,087$3,313$26,354
Insurance$140$16,583$70$16,793
Fees for Services Legal$213$555$982$1,750
Total Functional Expenses$14,865,029$509,910$734,817$16,109,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,109,756
Total Expenses per Audited Statements$16,109,756
Total Expenses per Form 990$16,109,756
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Christian Blind MissionGreenville, SC501(c)(3)River Blindness Research in Africa$961,674
Evidence ActionWashington, DC501(c)(3)To Reduce the Disease Burden of Neglected Tropical Diseases (ntds) in Kenya.$862,512
Helen Keller InternationalNew York, NY501(c)(3)To Reduce the Disease Burden of Neglected Tropical Diseaseas (ntds) in Mali$588,819
United Front Against RiverblindnessLawrenceville, NJ501(c)(3)INTEGRATED MASS DISTRIBUTION OF DRUGS FOR ELIMINIATION OF NTDs IN 3 CDTI PROJECTS AND PROVISION OF FINANCIAL SUPPORT TO THE NATIONAL COORDINATION IN DRC$431,668
Amani Global WorksNew York, NY501(c)(3)To Provide a Sustainable Healthcare System on Indjwi in the Democratic Republic of Congo$195,894
Evidence ActionWashington, DC501(c)(3)To Reduce the Disease Burden of Neglected Tropical Diseases (ntds) in Rajasthan.$173,740
The Carter Center IncAtlanta, GA501(c)(3)Trichiasis Surgeries in Amhara, Ethopia.$125,000
Tiyatien HealthBoston, MA501(c)(3)Trains, Equips, Manages and Pays Professionaled Community Heath Workers to Provide Primary Healthcare to Their Fellow Community Member Living at the Last Mile.$15,000
Usf FoundationTampa, FL501(c)(3)To Reduce the Disease Burden of Neglected Tropical Diseases (ntds) in Carbe.$11,326
International Orthodox Christian CharitiesBaltimore, MD501(c)(3)Agriculture/food Security, Emergency Response, Education Health Programs.$9,000

International Summary

Spending
$9,226,059

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 ServicesNtds--$8,973,055
Middle East and North AfricaProgram ServicesNtds--$253,004
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990 Review - Part VI, Section B, 11B

The form 990 is prepared by management in conjunction with the external auditors of the organization. When substantially complete it is sent electronically to the board of directors for a review before it is finalized and filed with the irs.

Conflict of Interest Policy - Part VI, Section B, 12C

The organization has a comprehensive conflict of interest policy that includes a definition of what conflict of interest means, processes to notify relevant parties, procedures to recuse conflicted individuals, and action needed to document the steps that were taken. Each board member is required to complete an annual conflict of interest statement. The signed statements are reviewed and retained by management.

Compensation - Part VI, Section B, 15A

The end fund has a policy in place to evaluate the performance and the compensation for the chief executive officer. The compensation committee of the board considers similar nonprofit organizations in benchmarking against a peer group, looks at performance of the ceo, and recommends a salary and possibly a bonus amount for the period under review. A dialog is facilitated with the ceo at each stage of the review process. Any adjustments recommended by the compensation committee are then approved by the full board. The ceo is not present during this stage of the board deliberations and approvals.

Documents Available to Public - Pary VI, Section C, 19

The organization posts its audited financial statements and the public disclosure copy of the form 990 on its website at www.end.org. The form 990 is also available at www.guidestar.com. Governing documents, conflict of interest policy, and the form 1023 is available to the public upon request, submitted by mail, telephone or email.

Family Relationship - Part VI Section A, 2

Directors william campbell and christine wachter campbell have a family relationship.

Filing and Contact Details

Filer

Filer Name
The End Fund
EIN
27-3941186
In Care Of
% FRANK LEI
Phone
2129056176
Address
41 East 11th Street 11th Floor, NEW YORK, NY 10003

Signing Officer

Name
Ellen Agler
Title
Chief Exec. Officer
Phone
2129056175
Signed
2017-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Agler
Formed
2010
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
16
Volunteers
18

Preparer

Firm
Withumsmithbrown Pc
Address
TWO LOGAN SQ STE 2001 18THARCH ST, PHILADELPHIA, PA 19103-2726
Preparer
Eric M Strauss
Phone
2155462140
Supplemental Narrative

Financial Statement Notes

Income Taxes

The end fund is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. The organization has no unrecognized tax benefits at december 31, 2016 and 2015. In addition, the organization has no income tax related penalties or interest for the period reported in these financial statements.

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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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