Form 990 for tax year 2023
Filed by INNOVATIONS FOR POVERTY ACTION.
Totals
- Total revenue
- $53,278,625
- Total expenses
- $54,430,966
- Contributions and grants received
- $51,445,509
- Grants paid
- $3,610,664
- Program service revenue
- $492,086
- Investment income
- $327,895
- Other revenue
- $1,013,135
- Total assets, end of year
- $32,068,016
- Total liabilities, end of year
- $21,806,840
- Net assets or fund balances, end of year
- $10,261,176
- Program services expenses (Part IX)
- $41,940,649
- Management and general expenses
- $11,776,566
- Fundraising expenses
- $713,751
- Program service expenses (Part III)
- $41,940,649
Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,956,677
-
1f · All other contributions, gifts and grants
$48,488,832
-
2a · Program service revenue: CONSULTANCY
total $492,086 · related or exempt $492,086
-
3 · Investment income
total $327,895 · excluded $327,895
-
11a · Other revenue: OTHER REVENUE
total $959,099 · related or exempt $959,099
-
11b · Other revenue: FOREIGN CURRENCY TRANSLATION ADJ.
total $54,036 · related or exempt $54,036
-
11e · Other revenue, total
$1,013,135
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,622,444 · program services $1,622,444
-
3 · Grants to foreign organizations and individuals
total $1,988,220 · program services $1,988,220
-
5 · Compensation of officers, directors and key employees
total $1,068,903 · program services $6,326 · management and general $1,062,577
-
7 · Other salaries and wages
total $24,503,147 · program services $17,709,198 · management and general $6,426,049 · fundraising $367,900
-
8 · Pension plan contributions
total $1,042,377 · program services $827,156 · management and general $208,419 · fundraising $6,802
-
9 · Other employee benefits
total $3,945,844 · program services $3,149,647 · management and general $770,293 · fundraising $25,904
-
10 · Payroll taxes
total $1,284,788 · program services $992,966 · management and general $283,658 · fundraising $8,164
-
11b · Fees: legal
total $601,969 · management and general $601,969
-
11c · Fees: accounting
total $351,106 · management and general $351,106
-
11g · Fees: other
total $5,242,242 · program services $4,482,882 · management and general $609,764 · fundraising $149,596
-
12 · Advertising and promotion
total $466,339 · program services $344,992 · management and general $97,256 · fundraising $24,091
-
13 · Office expenses
total $1,258,119 · program services $1,074,932 · management and general $166,121 · fundraising $17,066
-
14 · Information technology
total $1,211,697 · program services $1,144,516 · management and general $29,670 · fundraising $37,511
-
16 · Occupancy
total $1,085,488 · program services $887,520 · management and general $173,669 · fundraising $24,299
-
17 · Travel
total $4,899,270 · program services $4,342,477 · management and general $541,682 · fundraising $15,111
-
19 · Conferences, conventions and meetings
total $900,139 · program services $719,169 · management and general $180,462 · fundraising $508
-
22 · Depreciation, depletion and amortization
total $117,300 · program services $6,317 · management and general $110,983
-
23 · Insurance
total $278,051 · program services $202,116 · management and general $63,705 · fundraising $12,230
-
24a · Other expenses: PROGRAM SUPPLIES
total $1,645,253 · program services $1,645,253
-
24b · Other expenses: MOTOR VEHICLE EXPENSE
total $309,238 · program services $309,238
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $253,102 · program services $187,242 · management and general $52,785 · fundraising $13,075
-
24d · Other expenses: TAXES, LICENSES & FEES
total $189,752 · program services $140,376 · management and general $39,573 · fundraising $9,803
-
24e · All other expenses
total $166,178 · program services $157,662 · management and general $6,825 · fundraising $1,691
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,456,771 · end of year $10,115,642
-
2 · Savings and temporary cash investments
beginning of year $5,409,139 · end of year $9,479,259
-
3 · Pledges and grants receivable
beginning of year $4,687,552 · end of year $588,589
-
4 · Accounts receivable
beginning of year $11,827,345 · end of year $9,733,696
-
8 · Inventories for sale or use
beginning of year $254,511 · end of year $315,623
-
9 · Prepaid expenses and deferred charges
beginning of year $996,095 · end of year $1,183,218
-
10a · Land, buildings and equipment: cost or other basis
$657,564
-
10b · Land, buildings and equipment: accumulated depreciation
$402,770
-
10c · Land, buildings and equipment, net
beginning of year $373,920 · end of year $254,794
-
15 · Other assets
beginning of year $825,950 · end of year $397,195
-
17 · Accounts payable and accrued expenses
beginning of year $4,562,090 · end of year $3,572,401
-
19 · Deferred revenue
beginning of year $22,056,105 · end of year $18,052,434
-
25 · Other liabilities
beginning of year $354,390 · end of year $182,005
-
27 · Net assets without donor restrictions
beginning of year $6,981,146 · end of year $6,696,482
-
28 · Net assets with donor restrictions
beginning of year $4,877,552 · end of year $3,564,694
Mission and programs · 2023
Mission
INNOVATIONS FOR POVERTY ACTION DISCOVERS AND PROMOTES EFFECTIVE SOLUTIONS TO GLOBAL POVERTY.
-
EDUCATION: IPA PARTNERED WITH THE LEGO FOUNDATION AND MINISTRIES OF EDUCATION IN FIVE COUNTRIES TO ESTABLISH EMBEDDED EVIDENCE LABS AIMED AT IMPROVING EARLY LEARNING OUTCOMES FOR CHILDREN. THE PRIMARY OBJECTIVE IS TO ENHANCE THE USE OF DATA AND EVIDENCE FOR EDUCATION POLICY BY EMBEDDING TEAMS WITHIN THE MINISTRIES. THIS APPROACH FOSTERS A HORIZONTAL LEARNING PROCESS, ENABLING BOTH PARTIES TO LEARN FROM EACH OTHER WHILE SIMULTANEOUSLY BUILDING CAPACITY IN DATA AND EVIDENCE UTILIZATION.IN RWANDA, IPA AND THE GEORGETOWN UNIVERSITY INITIATIVE ON INNOVATION, DEVELOPMENT AND EVALUATION (GUI2 DE) HAVE ESTABLISHED AN EMBEDDED EVIDENCE LAB TO SUPPORT THE MINISTRY OF EDUCATION IN SCALING A SUCCESSFUL PAY-FOR-PERFORMANCE CONTRACT SCHEME. THE LAB'S CURRENT FOCUS IS ON SUPPORTING THE GOVERNMENT OF RWANDA'S NEW COMPREHENSIVE ASSESSMENT IN PUBLIC SCHOOLS, WHICH IS NECESSARY FOR AN EFFECTIVE SCALE-UP OF THE CONTRACT INITIATIVE. ITS BROADER VISION IS TO SERVE AS A CENTRAL HUB PROVIDING SERVICES RELATED TO DIVERSE EDUCATIONAL THEMES, ENGAGING WITH ACADEMICS, STRENGTHENING POLICY-ANALYTIC CAPABILITIES, AND FOSTERING ITERATIVE FEEDBACK LOOPS FOR POLICY DESIGN, EVALUATION, AND ADAPTATION. ULTIMATELY, THE EMBEDDED EVIDENCE LAB AIMS TO CREATE AN ENVIRONMENT WHERE DATA-DRIVEN DECISION-MAKING AND EVIDENCE-BASED PRACTICES LEAD TO IMPROVED LEARNING OUTCOMES FOR STUDENTS, MAKING A LASTING IMPACT ON EDUCATION POLICY.
Expenses $13,045,825 · Grants $3,610,664 · Revenue $1,505,221
-
THE FINANCIAL INCLUSION PROGRAM SEEKS TO INFORM PROGRAMS THAT CAN ENSURE LOW-INCOME HOUSEHOLDS HAVE ACCESS TO AFFORDABLE AND SAFE SERVICES TO MANAGE THEIR FINANCIAL RESOURCES. IN 2022, IPA LAUNCHED AN EMBEDDED LAB AT THE CENTRAL BANK OF NIGERIA TO STRENGTHEN THE USE OF DATA AND EVIDENCE-BASED DECISION-MAKING WITHIN THE DEPARTMENT TO ENHANCE CONSUMER PROTECTION POLICIES AND PROGRAMS. IT ESTABLISHED THE FINANCIAL INCLUSION PROGRAM SCIENTIFIC ADVISOR GROUP AND THE INTEROPERABLE PAYMENT SYSTEMS GROUP AND CONVENED THE ANNUAL RESEARCHER GATHERING. IT COMPLETED A PROJECT IN INDONESIA AND LESOTHO ON WOMEN ENTREPRENEURS' ACCESS TO FINANCIAL SERVICES, WHICH INCLUDED WORKING DIRECTLY WITH FINANCIAL SERVICE PROVIDERS ON PROTOTYPING NEW PRODUCTS AND SERVICES BASED ON RIGOROUS EVIDENCE. IN ADDITION, IPA PUBLISHED FIVE FINANCIAL INCLUSION BRIEFS AND DEVELOPED AND LAUNCHED NEW PROJECTS IN BANGLADESH, THE PHILIPPINES, AND TANZANIA.
Expenses $5,940,239
-
ONE NOTABLE RCT CONDUCTED BY IPA IN PARTNERSHIP WITH RESEARCHERS MICHAEL KREMER AND EDWARD MIGUEL IN KENYA EXAMINED THE IMPACT OF A FREE DEWORMING PROGRAM FOR CHILDREN AT SCHOOLS. THE RESULTS WERE REMARKABLE. THE PROGRAM REDUCED SERIOUS WORM INFECTIONS BY 61 PERCENT AND EVEN HAD POSITIVE EFFECTS ON UNTREATED CHILDREN IN NEARBY AREAS (KNOWN AS SPILLOVER EFFECTS). THESE HEALTH IMPROVEMENTS TRANSLATED INTO SIGNIFICANT EDUCATIONAL BENEFITS, INCLUDING A 25 PERCENT REDUCTION IN SCHOOL ABSENTEEISM AND INCREASED ATTENDANCE IN SECONDARY SCHOOL, PARTICULARLY FOR GIRLS.
Expenses $5,546,491
-
PEACE & RECOVERY: IPA'S WORK ON PEACE AND RECOVERY AIMS TO BUILD RIGOROUS EVIDENCE ON EFFECTIVE WAYS TO INCREASE PEACE AND STABILITY IN CONFLICT AND CRISIS-AFFECTED CONTEXTS. IN 2022, IPA SUPPORTED NEW RESEARCH PROJECTS IN THIS SECTOR THROUGH A COMPETITIVE RESEARCH FUND, INCLUDING WORK ON PEACEBUILDING IN NIGERIA, MILITARIZED POLICING IN BRAZIL, AND INTEGRATION OF VENEZUELAN MIGRANTS IN COLOMBIA. IPA ALSO LAUNCHED THE DISPLACED LIVELIHOODS INITIATIVE, A DEDICATED RESEARCH FUND TO GENERATE EVIDENCE ON LIVELIHOODS PROGRAMS FOR DISPLACED POPULATIONS.
Expenses $4,739,254
-
SOCIAL PROTECTION: THE SOCIAL PROTECTION SECTOR PROGRAM AIMS TO SUPPORT COUNTRIES TO IDENTIFY AND IMPLEMENT THE MOST EFFECTIVE POVERTY REDUCTION PROGRAM THAT THEY CAN AFFORD, GIVEN THEIR FINANCIAL AND POLITICAL CONTEXTS. IPA HAS A GROWING BODY OF RESEARCH ON IDENTIFYING AND SCALING EFFECTIVE SOCIAL PROTECTION PROGRAMS, INCLUDING CASH TRANSFERS, GRADUATION PROGRAMS, AND JOB TRAINING. IN 2022, IPA CONTINUED TO EXPAND ITS WORK WITH THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) AND BUREAU FOR HUMANITARIAN ASSISTANCE (BHA) WITH NEW RESEARCH TARGETING RESILIENCE AND FOOD SECURITY FOR VULNERABLE HOUSEHOLDS IN MOZAMBIQUE AND CONTINUES TO ADVANCE SIMILAR STUDIES IN UGANDA, ZIMBABWE AND MALAWI. THE SECTOR ALSO BEGAN A NEW PARTNERSHIP WITH THE BOMA PROJECT IN KENYA, INVESTIGATING ADAPTATIONS TO GRADUATION PROGRAMS SITTING AT THE NEXUS OF CLIMATE CHANGE AND SOCIAL PROTECTION WITH SUPPORT FROM THE IKEA FOUNDATION.
Expenses $5,546,491
-
INNOVATIONS FOR POVERTY ACTION (IPA) IS A GLOBAL RESEARCH AND POLICY NONPROFIT THAT DISCOVERS AND ADVANCES WHAT WORKS TO IMPROVE THE LIVES OF PEOPLE LIVING IN POVERTY. LIMITED EVIDENCE EXISTS ON WHAT WORKS TO HELP PEOPLE LIVING IN POVERTY, AND THE EVIDENCE THAT DOES EXIST OFTEN GOES UNUSED. THIS LEADS TO PROGRAMS THAT ARE EITHER INEFFECTIVE OR NOT AS EFFECTIVE AS THEY COULD BE, AND OFTEN TO WASTED MONEY AND ENDURING POVERTY. IPA EXISTS TO SOLVE THESE PROBLEMS. IPA TESTS PROMISING IDEAS ACROSS CONTEXTS AND ALONG THE PATH TO SCALE, PROACTIVELY ENGAGES KEY DECISION-MAKERS THROUGHOUT THE RESEARCH PROCESS, SHARES FINDINGS WITH THE RIGHT PEOPLE AT THE RIGHT TIME, AND EQUIPS PARTNERS WITH THE SKILLS AND TOOLS THEY NEED TO USE DATA AND EVIDENCE.SINCE IPA'S FOUNDING IN 2002, THE ORGANIZATION HAS WORKED WITH OVER 600 LEADING ACADEMICS TO CONDUCT OVER 900 EVALUATIONS IN 52 COUNTRIES. THIS RESEARCH HAS INFORMED HUNDREDS OF SUCCESSFUL PROGRAMS THAT NOW IMPACT HUNDREDS OF MILLIONS OF LIVES WORLDWIDE.
Expenses $7,122,349
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Agnieszka Zieminska YankAGNIESZKA ZIEMINSKA YANK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Ankur VoraANKUR VORA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Benjamin AppenBENJAMIN APPEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Cina LawsonCINA LAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Colin TeichholtzCOLIN TEICHHOLTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David WellsDAVID WELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Heather Woodruff GrizzleHEATHER WOODRUFF GRIZZLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jane MariaraJANE MARIARA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Janet ZhouJANET ZHOU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jyotsna PuriJYOTSNA PURI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Karen LevyKAREN LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kentaro ToyamaKENTARO TOYAMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Laura HattendorfLAURA HATTENDORF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Mushfiq MobarakMUSHFIQ MOBARAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rakesh RajaniRAKESH RAJANI
DIRECTOR (OUTGOING)
- Total calculated
- $0
- Hours/week
- 3
-
Russell SiegelmanRUSSELL SIEGELMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Trey BeckTREY BECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Vineet BewtraVINEET BEWTRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Wendy AbtWENDY ABT
DIRECTOR (OUTGOING)
- Total calculated
- $0
- Hours/week
- 3
-
Annie DufloANNIE DUFLO
EXECUTIVE DIRECTOR
- Total calculated
- $316,313
- From this org
- $265,999
- From related orgs
- $0
- Other
- $50,314
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,549
- Bonus
- $0
- Other
- $450
- Deferred
- $8,359
- Nontaxable benefits
- $41,955
- Filer's total
- $316,313
-
Eric FulliloveERIC FULLILOVE
CFO
- Total calculated
- $298,736
- From this org
- $274,768
- From related orgs
- $0
- Other
- $23,968
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,959
- Bonus
- $0
- Other
- $3,809
- Deferred
- $8,216
- Nontaxable benefits
- $15,752
- Filer's total
- $298,736
-
Meseret AnseboMESERET ANSEBO
CHIEF PEOPLE OFFICER (OUTGOING)
- Total calculated
- $170,798
- From this org
- $145,030
- From related orgs
- $0
- Other
- $25,768
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $122,189
- Bonus
- $22,438
- Other
- $403
- Deferred
- $4,463
- Nontaxable benefits
- $21,305
- Filer's total
- $170,798
-
Stacey Daves-OhlinSTACEY DAVES-OHLIN
GENERAL COUNSEL
- Total calculated
- $283,060
- From this org
- $224,486
- From related orgs
- $0
- Other
- $58,574
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,506
- Bonus
- $0
- Other
- $1,980
- Deferred
- $7,050
- Nontaxable benefits
- $51,524
- Filer's total
- $283,060
-
David Andrew BerryDAVID ANDREW BERRY
SENIOR DIRECTOR (OUTGOING)
- Total calculated
- $181,733
- From this org
- $172,372
- From related orgs
- $0
- Other
- $9,361
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,812
- Bonus
- $51,270
- Other
- $1,290
- Deferred
- $1,304
- Nontaxable benefits
- $8,057
- Filer's total
- $181,733
-
Faran NadirFARAN NADIR
SENIOR DIRECTOR
- Total calculated
- $198,460
- From this org
- $149,805
- From related orgs
- $0
- Other
- $48,655
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,544
- Bonus
- $0
- Other
- $261
- Deferred
- $1,576
- Nontaxable benefits
- $47,079
- Filer's total
- $198,460
-
Pace PhillipsPACE PHILLIPS
DIR. BUSINESS & PROG DEVEL
- Total calculated
- $207,039
- From this org
- $152,710
- From related orgs
- $0
- Other
- $54,329
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,260
- Bonus
- $0
- Other
- $450
- Deferred
- $4,880
- Nontaxable benefits
- $49,449
- Filer's total
- $207,039
-
Sarah De TournemireSARAH DE TOURNEMIRE
CHIEF PARTNER. & PHILANTHROPY OFFICER
- Total calculated
- $300,153
- From this org
- $244,978
- From related orgs
- $0
- Other
- $55,175
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $244,288
- Bonus
- $0
- Other
- $690
- Deferred
- $5,215
- Nontaxable benefits
- $49,960
- Filer's total
- $300,153
-
Steven GlazermanSTEVEN GLAZERMAN
CHIEF RSRCH & METHODOLOGY
- Total calculated
- $285,329
- From this org
- $229,742
- From related orgs
- $0
- Other
- $55,587
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,452
- Bonus
- $0
- Other
- $1,290
- Deferred
- $7,136
- Nontaxable benefits
- $48,451
- Filer's total
- $285,329
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- IPA DOES NOT HAVE AN OFFICIAL BONUS POLICY. BONUSES ARE PROCESSED AS EXCEPTIONS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
COMPETITION AND ENTRY IN DIGITAL FINANCIAL MARKETS
-
$170,255
THE FREEDOM FUND (BRAZIL)
-
END MODERN SLAVERY INITIATIVE FOUND
$131,507
GFEMS (INDIA)
-
$131,454
CREATING A PANEL DATABASE ON ROHINGYA REFUGEES - COX'S BAZAR PANEL SURVEY (CBPS)
-
REGENTS OF THE UNIVERSITY OF CALIFORNIA DAVIS
$110,000
ASKING ABOUT VIOLENCE (NIGERIA)
-
EDUCATE! FOLLOW-UP STUDY
-
SYRIAN REFUGEE LIFE STUDY
-
$72,354
WELFARE SCORING FOR DIGITAL CREDIT
-
$55,750
WHAT DRIVES INDIVIDUALS TO JOIN ARMED ORGANIZATIONS?
-
TEACHER TRANSFERS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403179349307255
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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