Civic Intelligence

The End Fund Inc

990 • Fiscal year 2023 • EIN 27-3941186

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 23, 2024

2 Park Avenue 28th 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

23rd percentile

0.05x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

11th percentile

0.05x

Higher debt load relative to revenue than 11% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

65th percentile

$456,488

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Down

$50,403,877

Down $8,177,790 (-14%) from 2022

Net Assets

Down

$47,718,943

Down $8,088,211 (-14%) from 2022

Liabilities

Down

$2,684,934

Down $89,579 (-3.2%) from 2022

Revenue

Down

$56,392,358

Down $22,743,441 (-29%) from 2022

Expenses

Up

$64,042,913

Up $3,549,296 (+5.9%) from 2022

Net Income

Down

-$7,650,555

Down $26,292,737 (-141%) from 2022

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

2023

Assets$50,403,877
Liabilities$2,684,934
Net Assets$47,718,943

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

2023

Revenue$56,392,358
Expenses$64,042,913
Net Income-$7,650,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 23, 2024
Return Version
2023v5.1
Gross Receipts
$56,418,358
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,709,468$21,352,154▼ $28,357,314
Savings and Temporary Cash Investments$2,505,060$21,040,526▲ $18,535,466
Pledges and Grants Receivable$2,624,518$4,351,235▲ $1,726,717
Prepaid Expenses and Deferred Charges$483,339$702,989▲ $219,650
Land, Buildings, and Equipment, Net$34,734$21,111▼ $13,623
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$58,581,667$50,403,877▼ $8,177,790
Other Assets Total$3,224,548$2,935,862▼ $288,686
Liabilities
Other Liabilities$2,523,156$2,200,071▼ $323,085
Accounts Payable and Accrued Expenses$251,357$484,863▲ $233,506
Total Liabilities$2,774,513$2,684,934▼ $89,579
Net Assets / Fund Balance
Net Assets With Donor Restrictions$54,289,478$47,422,179▼ $6,867,299
Net Assets Without Donor Restrictions$1,517,676$296,764▼ $1,220,912
Total Net Assets Fund Balance$55,807,154$47,718,943▼ $8,088,211
Total Liabilities and Net Assets / Fund Balance$58,581,667$50,403,877▼ $8,177,790

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$135,610$135,610
Equipment$18,958$114,241$133,199
Other Land Buildings$2,153$72,282$74,435
Other Assets Org$156,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-CEOFT$398,609$57,879$456,488
-COO / Board SecretaryFT$323,890$35,159$359,049
-Vice President, Finance and AdministrationFT$284,856-$284,856
-Vice President, Public AffairsFT$256,556$13,935$270,491
-Head of Legal & Global OperationsFT$217,303$31,172$248,475
-Senior Technical AdvisorFT$211,864$23,334$235,198
-Vice President, ProgramsFT$205,600$25,076$230,676

Board Members and Trustees

NameTitle
-CHAIR (thru August 16, 2023)
-Vice Chair
-VICE CHAIR (thru August 16, 2023) and CHAIR (as of August 16, 2023)
-Director
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Atlas Technology Solutions IncGlobal Employer of Record1331 F Street NW Suite 420, Suite 901, Washington, DC 20004, Sf$5,343,176
JPMorgan ChaseFinancial Services270 Park Ave 31st Floor, New York, NY 10017$1,631,196
Elevate DestinationsTravel, event meeting service288 Norfolk Street Suite 4, Cambridge, MA 02139$290,414
Hot Shot Events Management (PTY) LTDTravel, event meeting service307 7th Ave, New York, NY 10001$181,720
On-RampsNonprofit recruitment and executive search firm-$172,137
Revenue and Support

Revenue Composition

Contributions and Grants
$55,663,487
Program Service Revenue
$0
Investment Income
$690,371
Other Revenue
$38,500
All Other Contributions
$55,663,487
Change in Net Assets
$-7,650,555

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art7$182,000Market value
Total Noncash Contributions7$182,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$56,392,358
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$56,392,358
Total Revenue per Form 990
$56,392,358
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,424,627
Salaries, Compensation, and Employee Benefits$11,292,590
Other Expenses$7,325,696
Total Fundraising Expense$2,370,289
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$36,174,707--$36,174,707
Grants to Domestic Orgs$9,249,920--$9,249,920
Other Salaries and Wages$5,760,684$1,010,960$1,113,439$7,885,083
Fees for Services Other$1,929,566$563,425$245,001$2,737,992
Travel$1,513,965$188,493$220,828$1,923,286
Other Employee Benefits$962,731$184,257$258,831$1,405,819
Conferences and Meetings$1,244,380$36,577$82,065$1,363,022
Payroll Taxes$691,015$153,565$123,465$968,045
Current Officers, Directors, Trustees, and Key Employees$587,187$81,554$146,797$815,537
Advertising$397,625$28$9,325$406,978
Occupancy$256,970$30,655$45,983$333,608
Information Technology$97,579$111,935$27,592$237,106
Pension Plan Contributions$138,294$31,747$48,065$218,106
Office Expenses$95,043$20,393$18,875$134,311
Insurance-$79,875-$79,875
Fees for Services Accounting-$46,642-$46,642
Fees for Services Legal$4,909$3,272$23,613$31,794
Depreciation Depletion$6,666$8,033$1,425$16,124
Other Expenses$9,167$806$767$767
Total Functional Expenses$59,120,408$2,552,217$2,370,289$64,042,913

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$64,076,655
Expenses per Audited Statements$64,042,913
Total Expenses per Form 990$64,042,913
Expenses Not Reported on Form 990$33,742
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Front Against RiverblindnessLawrenceville, NJ501(c)(3)N/a$3,112,218
The Carter Center IncNew York, NY501(c)(3)N/a$1,892,516
Helen Keller InternationalNew York, NY501(c)(3)N/a$1,451,784
Orbis InternationalNew York, NY501(c)(3)N/a$1,395,979
Ima World HealthWashington, DC501(c)(3)N/a$757,745
Evidence Action IncWashington, DC501(c)(3)N/a$414,339
Akros IncMissoula, MTCorporationN/a$177,476
Dimagi IncCambridge, MACorporationN/a$41,863
Panorama StrategySeattle, WACorporationN/a$6,000

International Summary

Offices
0
Employees
0
Spending
$36,174,707

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$35,800,013
South AsiaGrantmakingNtds00$198,351
Europe (Including Iceland and Greenland)GrantmakingNtds00$176,343
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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$2,200,071
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 35% controlled entity
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 2 Family/business relationships amongst interested persons

DIRECTORS WILLIAM CAMPBELL AND CHRISTINE WACHTER CAMPBELL - Family relationship

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

There is no such committee with authority to act on behalf of the governing body. Therefore this question has been checked no.

Form 990, Part VI, Line 11B Review of form 990 by governing body

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

Form 990, Part VI, Line 12C Conflict of interest policy

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. In accordance with the organization's conflict of interest policy, any actual or perceived conflicts of interest identified are addressed by the board to determine if corrective or restrictive action, intended to protect the organization's interest, is needed.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

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. The deliberations and decisions regarding the review and approval of the ceo's compensation are documented in the minutes to board of directors meeting. The board of directors reviews and approves the ceo's compensation on an annual basis. This process was last done in 2023.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The compensation for the coo is reviewed and approved by the organization's board of directors. In determining compensation, the organization engages an external compensation consultant to conduct extensive benchmarking research and provide comparability data. The deliberations regarding the determination of compensation took place during the executive session and the decision with regards to compensation was documented. The process for determining compensation is performed on an annual basis.

Form 990, Part VI, Line 19 Required documents available to the public

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.

Filing and Contact Details

Filer

Filer Name
The End Fund Inc
EIN
27-3941186
Phone
6466909775
Address
2 Park Avenue 28th Floor, New York, NY 10016

Signing Officer

Name
Hannah Chang
Title
Senior Director Finance/Admin
Phone
6466909775
Signed
2024-07-23
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
46
Volunteers
8

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Mallory Fairless
Phone
3128997000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Foreign Exchange Gain/(Loss) - -33742;

Financial Statement Notes

Schedule D, Part III, Line 4 Collections of art - description of collections

7 photographs of artwork which is artistic and photojournalistic, highlighting the consequences of NTDs and stories of the people suffering from them. 1. At the Crossroad of Faith and Reason; This piece depicts the role of traditional religions in Africa plays a key role in formulating and transmitting cultures that bind a community. In this piece, the discourse is around the understanding of the role that traditional medicine plays as it relates to western medicines. As I read, the scientific community's understanding is that traditional beliefs must be reconciled with science in a way that the former is medicine for the spirit while the latter is medicine for the body. 2. I Sail on the Memories of my Dreams; "I sail with you on the ocean of my dreams to a faraway distant Place of great beauty and tranquility. where suffering and pain do not exist, where we give praises for our joy and happiness, where our Love intertwines with Love for all things." Rumi The inception of this piece came about after seeing an image of a young girl who suffered from deformities caused by elephantiasis. A young girl who is forever marked by the stigma and the physical presence of the disease led me to imagine the emotional impact to her wellbeing. 3.. The Barriers Within; In most cases of documenting stories relating to disease, many conditions are not only based on lack of access to medical treatment, but also on lack of information. The role of education in prevention and the role of NTDs in access to education creates a vicious cycle that also impacts economics. 4. The Blind Gaze; In creating this piece, the focus is around the theme of blindness. Blindness is not only the result of diseases such as river blindness, but also in the way that many of us turn a "blind eye" to the plight of those less fortunate. It is also a representation of the stigma associated with various NTDs and the gaze of judgment by others that often accompanies the realities of recovered patients. 5. * The Knowledge of Sorrow; Important research done by scientists in Africa relating to NTDs is often not widely documented. The process of eradicating NTDs is not only a road relating to medical administration and engagement of governments, but also requires an understanding of causes and preventions. In this regard, the piece incorporates flies in a glass container as a reflection of the role of the fly. This was inspired by a researcher explaining a technique to capture files for further analysis in the laboratory. Hence, the science of disease is an integral part of finding solutions towards a healthy society. 6. The Valley of my Shadow; Created to address the stigma associated with patients of NTD's. The piece echoes fear, loneliness, and isolation. Even in cases of full recovery, the remnant of stigmatization still has an impact on the individual. In the context of Africa, some choose to live away from their communities or hide away from public reaction to their ailments. All of which also leads to psychological impact, resulting in depression, insecurity, anxiety, and other mental conditions. Hence, human suffering is not only in the physical, but also in our hearts. 7. Trail of the Reaping Light; Through research and reading first encounters regarding patients with NTDs, I came across a story of a woman who became blind from disease and needed her daughter's support to live with the new realities of her lost vision. In the story, the daughter would leave her mother a long rope that led outside to the toilet. Therefore, the piece depicts the sense of helplessness and the fear that must encroach of learning to see with sound.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Accounting principles generally accepted in the United States of America prescribe requirements for the recognition of income taxes in the financial statements, and the amounts recognized are affected by income tax positions taken by the Organization in its tax returns. The END Fund, Inc. (U.S.) is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization's status as an exempt organization is defined as an income tax position under these requirements. While management believes it has complied with the Internal Revenue Code, the sustainability of some income tax positions taken by the Organization in its tax returns may be uncertain. There are minimum thresholds of likelihood that uncertain tax positions are required to meet before being recognized in the financial statements. Management does not believe that the Organization Fund has any material uncertain tax positions at December 31, 2023 and 2022. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. In addition, the Organization has no income tax related penalties or interest for the periods reported in these financial statements. In the event that interest and penalties were due relating to an unsustainable tax position, they would be treated as a component of income tax expense.

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IRS990/Desc0THE END FUND MANAGES A PORTFOLIO OF PHILANTHROPIC FUNDS TO CONTROL AND ELIMINATE THE MOST PREVALENT NEGLECTED TROPICAL DISEASES AS OPPORTUNITIES FOR PRIVATE PHILANTHROPISTS, FOUNDATIONS, CORPORATIONS, AND OTHERS. 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. 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 as needed; and Conducts monitoring, evaluation, and program communications - designs and executes monitoring, evaluation, and information sharing activities to inform program design, organizational decision making, and donor updates. In 2023, the END Fund supported the distribution of 278,945,158 NTD treatments with 181,597,265 people treated across 20 countries by 28 implementing partners. During the same period, 46,512 surgeries were conducted in 10 countries by 13 implementing partners and 1,254,947 health care workers trained across 20 countries (plus a one multi-country virtual training) by 31 implementing partners.
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