Civic Intelligence

The End Fund Inc

990 • Fiscal year 2017 • EIN 27-3941186

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 07, 2018

2 Park Avenue 18th FloorNew York, NY 10016

(646) 690-9775

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

5th percentile

0.01x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$366,176

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

62nd percentile

8.1%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.4%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$29,256,045

Up $2,186,519 (+8.1%) from 2016

Net Assets

Up

$29,143,069

Up $2,123,756 (+7.9%) from 2016

Liabilities

Up

$112,976

Up $62,763 (+125%) from 2016

Revenue

Up

$19,141,440

Up $1,475,449 (+8.4%) from 2016

Expenses

Up

$17,017,684

Up $907,928 (+5.6%) from 2016

Net Income

Up

$2,123,756

Up $567,521 (+36%) from 2016

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

2017

Assets$29,256,045
Liabilities$112,976
Net Assets$29,143,069

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

2017

Revenue$19,141,440
Expenses$17,017,684
Net Income$2,123,756
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 7, 2018
Return Version
2017v2.3
Gross Receipts
$19,141,440
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
Cash and Non-Interest-Bearing Accounts$9,096,429$14,874,019▲ $5,777,590
Pledges and Grants Receivable$17,285,108$13,106,205▼ $4,178,903
Savings and Temporary Cash Investments$102,944$766,087▲ $663,143
Accounts Receivable$234,319$418,044▲ $183,725
Prepaid Expenses and Deferred Charges$350,726$63,400▼ $287,326
Land, Buildings, and Equipment, Net$0$28,290▲ $28,290
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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$27,069,526$29,256,045▲ $2,186,519
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$50,213$107,976▲ $57,763
Deferred Revenue$0$5,000▲ $5,000
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
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$50,213$112,976▲ $62,763
Net Assets / Fund Balance
Temporarily Rstr Net Assets$25,464,495$26,843,045▲ $1,378,550
Unrestricted Net Assets$1,554,818$2,300,024▲ $745,206
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$27,019,313$29,143,069▲ $2,123,756
Total Liabilities and Net Assets / Fund Balance$27,069,526$29,256,045▲ $2,186,519

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$28,290$0$28,290
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ellen AglerChief Executive OfficerFT$282,500$83,676$366,176
Karen PalacioSenior Director ProgramsFT$115,167$31,492$146,659
Heather HainesSr Director Strategic PartnershipsFT$128,333$18,102$146,435
Diana SchechterVP Strategy and OperationsFT$122,917$13,894$136,811
Jamie TallantSenior Director ProgramsFT$118,333$17,394$135,727
Katherine Douglas MartelVP Investor RelationsFT$101,473$6,006$107,479

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Warren LancasterProgram Services40 TULIP TREE LANE, Darien, CT 06820, Nl$245,826
Gong Communications LtdPublic Relations-$189,989
Abs Advisory Services LLCFundraising1 BLANDFORD STREET, London, 0, Uk$113,750
Revenue and Support

Revenue Composition

Contributions and Grants
$19,140,457
Program Service Revenue
$0
Investment Income
$312
Other Revenue
$671
All Other Contributions
$19,140,457
Change in Net Assets
$2,123,756

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,141,440
Total Revenue per Audited Statements
$19,141,440
Total Revenue per Form 990
$19,141,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,432,064
Salaries, Compensation, and Employee Benefits$2,595,469
Other Expenses$1,990,151
Total Fundraising Expense$982,588
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$7,853,833--$7,853,833
Grants to Domestic Orgs$4,578,231--$4,578,231
Other Salaries and Wages$1,207,622$199,823$381,649$1,789,094
Travel$344,583$54,720$130,580$529,883
Advertising$410,054$16$15,312$425,382
Fees for Services Other$106,500$185,777$77,097$369,374
Current Officers, Directors, Trustees, and Key Employees$183,088$91,544$91,544$366,176
Other Employee Benefits$188,206$55,792$62,967$306,965
Occupancy$185,903$40,053$63,535$289,491
Conferences and Meetings$44,333$46,566$110,907$201,806
Payroll Taxes$80,134$20,491$32,609$133,234
Information Technology$27,034$40,939$9,564$77,537
Fees for Services Accounting-$45,680-$45,680
Office Expenses$6,035$10,410$6,625$23,070
Insurance$67$17,549$199$17,815
Fees for Services Legal-$10,113-$10,113
Total Functional Expenses$15,215,623$819,473$982,588$17,017,684

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,017,684
Total Expenses per Audited Statements$17,017,684
Total Expenses per Form 990$17,017,684
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Christian Blind MissionGreenville, SC501(c)(3)Ntds$1,616,007
Evidence ActionWashington, DC501(c)(3)Ntds$1,523,498
Helen Keller InternationalNew York, NY501(c)(3)Ntds$637,307
United Front Against RiverblindnessLawrenceville, NJ501(c)(3)Ntds$602,023
Amani Global WorksNew York, NY501(c)(3)Ntds$189,396
Tiyatien HealthBoston, MA501(c)(3)Ntds$10,000

International Summary

Offices
0
Employees
0
Spending
$12,432,064

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 AfricaGrantmakingNtds00$12,223,712
East Asia and the PacificGrantmakingNtds00$104,338
Middle East and North AfricaGrantmakingNtds00$104,014
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, Line 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, Line 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 and staff is required to complete an annual conflict of interest statement. The signed statements are reviewed and retained by management.

Compensation - Part VI, Section B, Line 15A

The end fund has a policy in place to evaluate the performance and the compensation for the chief executive officer. 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 dialogue is facilitated with the ceo at each stage of the review process. Any adjustments to compensation are 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, Line 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, Line 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
% HANNAH CHANG
Phone
6466909775
Address
2 PARK AVENUE 18TH FLOOR, NEW YORK, NY 10016

Signing Officer

Name
Ellen Agler
Title
Chief Exec. Officer
Phone
2129056175
Signed
2018-08-07
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
25
Volunteers
7

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- Schedule D, Part X, Line 2

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, 2017 and 2016. In addition, the organization has no income tax related penalties or interest for the period reported in these financial statements.

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IRS990/Desc0THE 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 GOVERNMNET, 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. Neglected tropical diseases (NTDs) are a group of parasitic and bacterial infectious diseases that affect more than 1.5 billion of the worlds POOREST people, including 836 million children. Over 40% of the global NTD burden is concentrated in sub-Saharan Africa, where the END Fund focuses the majority of ITS work. NTDs rank among the four most devastating groups of communicable diseases. They cause severe pain, long-term disability, BLINDNESS and lead to death for more than 170,000 people per year. Amongst children, infection leads to malnutrition, cognitive impairment, stunted growth, and the inability to attend school. Social isolation and physical ailments CAN make working difficult for people with NTDs. Many people are unable to provide for themselves or their families and are left in a cycle of poverty. Studies show that NTD treatment is the single most cost-effective means of improving childrens attendance and increasing capacity to learn and concentrate in school. Just 50 cents funds DELIVERY OF a rapid-impact package of medication to treat an individual FOR A YEAR for the five most common NTDs, making it a best buy in public health. As a fund, our unique model enables us to act quickly and effectively, with a proven ability to leverage THE efficiencies of the private sector and foster strong partnerships. We are able to mobilize resources from a diverse range of investors and direct them to partners who can deliver them where they will have the most impact. OUR STRATEGY CONSISTS OF GROWING AND ENGAGING A COMMUNITY OF ACTIVIST PHILANTHROPISTS DEDICTATED TO ENDING NTDS; RAISING AND ALLOCATING CAPITAL EFFECTIVELY TO END NTDS; SERVING AS A PLATFORM FOR DONOR COORDINATION, COLLABORATION, AND LEVERAGE; ENGAGING AS A TECHNICAL, STRATEGIC, AND ADVOCACY PARTNER WITH GOVERNMENTS, LOCAL AND INTERNATIONAL NON-GOVERNMENTAL ORGANIZATIONS, ACADEMIC INSTITUTIONS, PHARMACEUTICAL COMPANIES, MULTI-LATERALS, FUNDERS, AND PRIVATE SECTOR BUSINESS LEADERS; ACTIVELY MANAGING A PORTFOLIO OF HIGH-IMPACT, STRATEGIC INVESTMENTS TO SCALE TREATMENT AND REACH DISEASE ELIMINATION GOALS; FOSTERING INNOVATION AND FAST-TRACKING THE DEVELOPMENT OF NEW NTD TOOLS AND TECHNOLOGY; LEADING TARGETED OUTREACH, ADVOCACY, AND AWARENESS EFFORTS TO SHARE THE INVESTMENT OPPORTUNITY AND LARGE-SCALE SOCIAL IMPACT OF ENDING NTDS WITH KEY PUBLIC AND PRIVATE SECTOR LEADERS AND DECISION-MAKERS; MONITORING AND EVALUATING THE IMPACT OF OUR PORTFOLIO OF INVESTMENTS AND CONTRIBUTING LEARNINGS AND BEST PRACTICES TO THE BROADER NTD AND GLOBAL HEALTH COMMUNITIES; AND, TAKING A SYSTEMS APPROACH TO UNDERSTANDING, ENGAGING WITH, AND INFLUENCING THE BROAD ECOSYSTEM OF STAKEHOLDERS WORKING ON ENDING NTDS. IN CLOSE PARTNERSHIP WITH STAKEHOLDERS ACROSS THE GLOBAL NTD COMMUNITY THE END FUND: IDENTIFIES GAPS AND OPPORTUNITIES- UNDERSTANDS INVESTMENT NEEDS AND GAPS, LANDSCAPES INVESTABLE OPPORTUNITIES, AND INCREASES COORDINATION AMONG STAKEHOLDERS; BUILDS COALITIONS- MOBILIZES AND ACTIVATES COLLABORATION AMONG COUNTRY-LEVEL STAKEHOLDERS, INCLUDING MINISTRIES OF HEALTH, NGOS, DONORS, ETC.; DESIGNS PROGRAMS- WORKS WITH IMPLEMENTING PARTNER NGOS TO EXPAND DATA COLLECTION, MAPPING, AND SECTOR KNOWLEDGE IN ORDER TO IDENTIFY COMPELLING PROGRAM OPPORTUNITIES; STRENGTHENS CAPACITY- AIMS TO GROW AND STRENGTHEN THE POOL OF PARTNER ORGANIZATIONS TO ASSIST LOCAL GOVERNMENTS IN THE IMPLEMENTATION OF QUALITY NTD PROGRAMS; MANAGES GRANTS AND PROVIDES TECHNICAL SUPPORT- CONDUCTS COUNTRY PROGRAM VISITS AND PROVIDES PARTNER SUPPORT, TECHNICAL ASSISTANCE, AND CAPACITY BUILDING
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IRS990/MissionDesc0THE END FUND'S MISSION IS TO CONTROL AND ELIMINATE THE MOST PREVALENT NEGLECTED TROPICAL DISEASES (NTDS) AMONG THE WORLD'S POOREST AND MOST VULNERABLE PEOPLE. THE END FUND ACHIEVES THIS MISSION BY (1) MOBILIZING AND DIRECTING RESOURCES TO WHERE THEY CAN HAVE MAXIMUM IMPACT, (2) ADVOCATING FOR INNOVATIVE, INTEGRATED, AND COST-EFFECTIVE NTD PROGRAMS, AND (3) FACILITATING PRIVATE SECTOR ENGAGEMENT IN THE MOVEMENT TO ADDRESS THE DEVASTATING EFFECTS OF NTDS. NTDS ARE A GROUP OF PARASITIC AND BACTERIAL INFECTIOUS DISEASES THAT AFFECT OVER 1.5 BILLION OF THE WORLD'S POOREST PEOPLE, INCLUDING 836 MILLION CHILDREN. THEY INCLUDE INTESTINAL WORMS, SCHISTOSOMIASIS, LYMPHATIC FILARIASIS, RIVER BLINDNESS AND BLINDING TRACHOMA. THESE DISEASES CAUSE SEVERE PAIN, LONG-TERM DISABILITY, BLINDNESS, AND ARE THE CAUSE OF DEATH FOR OVER 170,000 PEOPLE PER YEAR. AMONGST CHILDREN, INFECTION LEADS TO MALNUTRITION, COGNITIVE IMPAIRMENT, STUNTED GROWTH, AND THE INABILITY TO ATTEND SCHOOL.
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