Civic Intelligence

Primates Peru

990 • Fiscal year 2022 • EIN 46-3614876

Oct 01, 2021 to Sep 30, 2022 • Filed on Mar 01, 2023

443 Old Via Rancho DriveEscondido, CA 92029

(224) 795-2916

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.02x

Higher debt load relative to assets than 52% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.02x

Higher debt load relative to revenue than 48% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

54th percentile

$4,250

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

96th percentile

172%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

43%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$466,289

Up $294,579 (+172%) from 2021

Net Assets

Up

$456,165

Up $288,852 (+173%) from 2021

Liabilities

Up

$10,124

Up $5,727 (+130%) from 2021

Revenue

Up

$612,858

Up $183,156 (+43%) from 2021

Expenses

Up

$331,506

Up $71,144 (+27%) from 2021

Net Income

Up

$281,352

Up $112,012 (+66%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $22,797Liabilities 2014: $02014Assets 2015: $26,540Liabilities 2015: $02015Assets 2016: $29,661Liabilities 2016: $0Net Assets 2016: $29,6612016Assets 2017: $4,800Liabilities 2017: $0Net Assets 2017: $4,8002017Assets 2018: $26,470Net Assets 2018: $26,4702018Assets 2019: $8,291Net Assets 2019: $8,2912019Assets 2020: $8,289Liabilities 2020: $4,567Net Assets 2020: $3,7222020Assets 2021: $171,710Liabilities 2021: $4,397Net Assets 2021: $167,3132021Assets 2022: $466,289Liabilities 2022: $10,124Net Assets 2022: $456,1652022Assets 2023: $243,322Liabilities 2023: $3,234Net Assets 2023: $240,0882023

Highlighted filing

2022

Assets$466,289
Liabilities$10,124
Net Assets$456,165

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $105,172Expenses 2014: $71,963Net Income 2014: $33,2092014Revenue 2015: $111,507Expenses 2015: $105,289Net Income 2015: $6,2182015Revenue 2016: $115,201Expenses 2016: $109,287Net Income 2016: $5,9142016Revenue 2017: $105,510Expenses 2017: $129,564Net Income 2017: -$24,0542017Revenue 2018: $172,379Expenses 2018: $149,154Net Income 2018: $23,2252018Revenue 2019: $110,250Expenses 2019: $128,429Net Income 2019: -$18,1792019Revenue 2020: $14,586Expenses 2020: $14,780Net Income 2020: -$1942020Revenue 2021: $429,702Expenses 2021: $260,362Net Income 2021: $169,3402021Revenue 2022: $612,858Expenses 2022: $331,506Net Income 2022: $281,3522022Revenue 2023: $395,882Expenses 2023: $605,959Net Income 2023: -$210,0772023

Highlighted filing

2022

Revenue$612,858
Expenses$331,506
Net Income$281,352
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Mar 1, 2023
Return Version
2021v4.0
Gross Receipts
$612,858
Mission and Program Overview

Mission

In order to advance scientific and conservation goals Field Projects International FPI conducts tropical biology research at locations around the world. Our long-term educational programs and field courses support this mission by training the next generation of field scientists. FPI also consults for international partners in the planning and operation of field laboratories that monitor wildlife health and biodiversity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$167,313$456,165▲ $288,852
Savings and Temporary Cash Investments$0$339,985▲ $339,985
Cash and Non-Interest-Bearing Accounts$169,210$116,304▼ $52,906
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$171,710$466,289▲ $294,579
Other Assets Total$2,500$10,000▲ $7,500
Liabilities
Accounts Payable and Accrued Expenses$4,397$10,124▲ $5,727
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$4,397$10,124▲ $5,727
Net Assets / Fund Balance
Total Net Assets Fund Balance$167,313$456,165▲ $288,852
Total Liabilities and Net Assets / Fund Balance$171,710$466,289▲ $294,579
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$492,787
Program Service Revenue
$113,283
Investment Income
$3
Other Revenue
$6,785
All Other Contributions
$422,346
Change in Net Assets
$281,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,053
Salaries, Compensation, and Employee Benefits$66,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$118,847$0$0$118,847
Fees for Services Other$51,848$155$0$52,003
Current Officers, Directors, Trustees, and Key Employees$40,219$0$0$40,219
Other Salaries and Wages$24,274$0$0$24,274
Information Technology$13,816$370$0$14,185
Fees for Services Accounting$0$5,291$0$5,291
Other Employee Benefits$1,785$120$0$1,905
All Other Expenses$0$1,327$0$1,327
Other Expenses$1,116$0$0$1,116
Office Expenses$867$0$0$867
Benefits to Members$0--$748
Conferences and Meetings$397$0$0$397
Payroll Taxes$307$0$0$307
Fees for Services Legal$0$206$0$206
Advertising$44$105$0$149
Fees for Services Management$0$99$0$99
Total Functional Expenses$323,086$7,673$0$331,506
International Activity

International Summary

Offices
0
Employees
9
Spending
$139,187

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram servicesField research and training at the Los Amigos Biological Station Madre de Dios Peru07$111,339
South AsiaProgram servicesHired a company in Bangaluru to make conservation technologies for field research activities in Peru01$19,110
Europe Including Iceland and GreenlandProgram servicesCompensation for a wildlife veterinarian with residency in Italy work took place in Peru01$8,738
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Business Relationship Director | Ishaan Raghunandan owner Family Mrinalini Watsa DirectorIshaan Raghunandan is the Founder of TRAK TFRC and cousin of Mrinalini Erkenswick Watsa Primate Peru Director. TRAK creates technologies for wildlife conservation https: www.traktfrc.com . As part of the sub-award Primates Peru received from the Amazon Conservation Association TRAK TFRC was contracted to create LoRa-based wildlife movement and trap monitoring systems. Previously Raghunandan volunteered his time and skillsets as an engineer and wildlife photographer to document and improve the research program in Peru over several years starting in 2014. With this in-depth knowledge of the research program and proven success working with field personnel TRAK TFRC was the best option to provide the desired products and services.No$19,110
Gideon Erkenswick WatsaPresidentGideon Erkenswick is named as key personnel to a 2021 grant received by Primates Peru from the US Forest Service to advise and support their agency in one health programming at international locations. Erkenswick was compensated for his time according to an hourly rate that was agreed to by the Board of Directors and approved by the funding agency.No$4,250

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
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

Part VI, Line 2

| Employee: Relationship: Employee:| Gideon Andrew Erkenswick Watsa Family Relationship Mrinalini Erkenswick Watsa|

Part VI, Line 11B

Once completed we send a preview document to Jacob Johnson treasurer of the organisation for review. We also send a copy to all members of the board officers and directors included for their review. We provide one week for this review and accommodate questions and comments into the document before filing it by the deadline.

Part VI, Line 12C

We acknowledged the need for the organization to formalize conflict of interest review and approval procedures in the 2020 tax year and finalized and implemented them during the current tax year. All officers directors employees and contractors are required to comply with our conflict of interest review process annually. Each required person completes an online conflict of interest declaration form that is submitted to an audit committee consisting of 1 compliance officer who is an active board member and 2 other individuals - no person on this audit committee may have real or perceived economic incentive associated with the organization. The audit committee reviews declaration forms as they arrive and presents any concerns to the Board of Directors during meetings of the Board of Directors. On a biannual-basis outside of reviewing declaration forms the committee reviews all personnel and activities of the organization for real or perceived conflicts of interest.

Part VI, Line 15

The individual in question provides a suggested level of compensation to the Board of Directors. Prior to review all board members are requested to declare any potential conflicts of interest relating to compensation of said person. Board members with real or perceived conflicts of interest refrain from participation for the remainder of the review process. All remaining Board Members have a live discussion of the suggested compensation in lieu of the organizational budget the cost of hiring someone external to perform the tasks and the level of compensation that would be received by someone of similar credentials and responsibility at a NPO of similar size and annual budget. Based on this review process an offer is made to the individual in question and negotiation between the Board of Directors and said person continues until an agreement is reached or it is determined that altenative candidates will be considered. Determination of this process is documented and incorporated to the biannual meetings of the Board of Directors and associated minutes.

Part VI, Line 19

The organisation makes available the following documents to the public on the organisation's own website: https: fieldprojects.org about-us 1. All prior filed 990 forms 2. Our Form 1023. 3. Our CA registration. 4. Our CA renewal. 5. Our DUNS #XXX-XX-XXXX page. This is our second year filing a full 990 form and we were able to finalise a conflict of interest policy and a whistleblower policy and we are currently working on a document retention policy. We actively adopted the conflict of interest and whistle blower policies. We hope to have a document retention policy in place by the end of fiscal year 2022-2023.

Filing and Contact Details

Filer

Filer Name
Primates Peru
EIN
46-3614876
In Care Of
% Gideon Erkenswick Watsa
Phone
2247952916
Address
443 Old Via Rancho Drive, Escondido, CA 92029
Doing Business As
Field Projects International

Signing Officer

Name
Gideon Erkenswick Watsa
Title
President
Signed
2023-03-01
Discuss with paid preparer
No

Organization Details

Principal Officer
Gideon Erkenswick Watsa
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
37
Supplemental Narrative

Additional Explanations

Part III, line 2

Scientific consulting and filming support for the BBC Natural History Unit

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| NA, $0, $0, $0|

Part XI, Line 9

| Description:, Explanation:, Amount:| In-kind donation of 2 BIO RAD Dyad PCR Units Store purchase of 1 MacBook Pro laptop for administrative and consultation use, The organization obtained equipment with a total approximate value of 7500, $7500|

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IRS990/Desc0Laboratory Installation: Our senior scientists plan and coordinate field laboratory design staffing and the provision of instruments and supplies in order to build capacity for international partners in regions of high biodiversity. These in situ labs feature genetic tools and other modern technology for wildlife population surveillance pathogen screening and toxicological investigations.
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IRS990/MissionDesc0In order to advance scientific and conservation goals Field Projects International FPI conducts tropical biology research at locations around the world. Our long-term educational programs and field courses support this mission by training the next generation of field scientists. FPI also consults for international partners in the planning and operation of field laboratories that monitor wildlife health and biodiversity.
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