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← INNOVATIONS FOR POVERTY ACTION

Form 990 for tax year 2024

Filed by INNOVATIONS FOR POVERTY ACTION.

Totals

Total revenue
$52,795,464
Total expenses
$57,894,421
Contributions and grants received
$39,269,905
Grants paid
$3,482,661
Program service revenue
$13,055,609
Investment income
$340,106
Other revenue
$129,844
Total assets, end of year
$33,431,493
Total liabilities, end of year
$28,855,772
Net assets or fund balances, end of year
$4,575,721
Program services expenses (Part IX)
$44,468,245
Management and general expenses
$12,398,129
Fundraising expenses
$1,028,047
Program service expenses (Part III)
$44,468,245

Program services were 76.8% 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)

    $5,199,582

  • 1f · All other contributions, gifts and grants

    $34,070,323

  • 2a · Program service revenue: UNIVERSITY FEES

    total $13,055,609 · related or exempt $13,055,609

  • 3 · Investment income

    total $340,106 · excluded $340,106

  • 11a · Other revenue: OTHER REVENUE

    total $144,658 · related or exempt $144,658

  • 11b · Other revenue: TRANSLATION LOSS

    total -$14,814 · excluded -$14,814

  • 11e · Other revenue, total

    $129,844

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,836,362 · program services $1,836,362

  • 3 · Grants to foreign organizations and individuals

    total $1,646,299 · program services $1,646,299

  • 5 · Compensation of officers, directors and key employees

    total $908,883 · management and general $908,883

  • 7 · Other salaries and wages

    total $26,246,981 · program services $18,829,831 · management and general $6,860,707 · fundraising $556,443

  • 8 · Pension plan contributions

    total $1,100,543 · program services $879,747 · management and general $191,306 · fundraising $29,490

  • 9 · Other employee benefits

    total $4,239,346 · program services $3,417,856 · management and general $706,920 · fundraising $114,570

  • 10 · Payroll taxes

    total $2,393,750 · program services $1,873,719 · management and general $457,222 · fundraising $62,809

  • 11b · Fees: legal

    total $365,027 · management and general $365,027

  • 11c · Fees: accounting

    total $268,558 · management and general $268,558

  • 11g · Fees: other

    total $4,028,703 · program services $2,915,925 · management and general $1,016,308 · fundraising $96,470

  • 12 · Advertising and promotion

    total $392,109 · program services $285,830 · management and general $94,184 · fundraising $12,095

  • 13 · Office expenses

    total $1,081,683 · program services $896,272 · management and general $169,226 · fundraising $16,185

  • 14 · Information technology

    total $1,277,383 · program services $871,904 · management and general $357,482 · fundraising $47,997

  • 16 · Occupancy

    total $1,130,676 · program services $925,052 · management and general $174,586 · fundraising $31,038

  • 17 · Travel

    total $5,254,354 · program services $4,849,482 · management and general $382,239 · fundraising $22,633

  • 19 · Conferences, conventions and meetings

    total $1,089,259 · program services $1,014,130 · management and general $68,793 · fundraising $6,336

  • 22 · Depreciation, depletion and amortization

    total $99,780 · program services $8,697 · management and general $91,083

  • 23 · Insurance

    total $280,726 · program services $206,379 · management and general $69,303 · fundraising $5,044

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $2,526,187 · program services $2,523,791 · management and general $2,396

  • 24b · Other expenses: BAD DEBTS

    total $464,964 · program services $464,964

  • 24c · Other expenses: OTHER OPERATING EXPENSE

    total $443,122 · program services $323,016 · management and general $106,437 · fundraising $13,669

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $258,700 · program services $188,581 · management and general $62,139 · fundraising $7,980

  • 24e · All other expenses

    total $561,026 · program services $510,408 · management and general $45,330 · fundraising $5,288

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,115,642 · end of year $12,624,497

  • 2 · Savings and temporary cash investments

    beginning of year $9,479,259 · end of year $6,748,123

  • 3 · Pledges and grants receivable

    beginning of year $588,589 · end of year $337,562

  • 4 · Accounts receivable

    beginning of year $9,733,696 · end of year $11,951,862

  • 8 · Inventories for sale or use

    beginning of year $315,623 · end of year $67,624

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,183,218 · end of year $987,509

  • 10a · Land, buildings and equipment: cost or other basis

    $724,979

  • 10b · Land, buildings and equipment: accumulated depreciation

    $502,550

  • 10c · Land, buildings and equipment, net

    beginning of year $254,794 · end of year $222,429

  • 15 · Other assets

    beginning of year $397,195 · end of year $491,887

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,572,401 · end of year $4,124,312

  • 19 · Deferred revenue

    beginning of year $18,052,434 · end of year $24,685,829

  • 25 · Other liabilities

    beginning of year $182,005 · end of year $45,631

  • 27 · Net assets without donor restrictions

    beginning of year $6,696,482 · end of year $2,964,517

  • 28 · Net assets with donor restrictions

    beginning of year $3,564,694 · end of year $1,611,204

Mission and programs · 2024

Mission

INNOVATIONS FOR POVERTY ACTION DISCOVERS AND PROMOTES EFFECTIVE SOLUTIONS TO GLOBAL POVERTY.

  • IPA'S POLICY AND ADVISORY WORK SUPPORTED THE SCALING OF MULTIPLE COST EFFECTIVE PROGRAMS. IN THE PHILIPPINES, IPA PARTNERED WITH THE DEPARTMENT OF EDUCATION AND YOUTH IMPACT TO SCALE AN INTERNATIONAL COST-EFFECTIVE PHONE TUTORING AND SMS-BASED EDUCATION PROGRAM, PROVEN THROUGH RANDOMIZED CONTROLLED TRIALS AS AN EFFECTIVE REMEDIAL APPROACH TO STRENGTHEN FOUNDATIONAL NUMERACY.TOGETHER WITH GEORGETOWN UNIVERSITY'S GUIDE, IPA SUPPORTED RWANDA'S MINISTRY OF EDUCATION TO EXPAND THE STARS PROGRAM FROM 248 TO 345 SCHOOLS IN 2024. THE STARS PROGRAM IS AN INITIATIVE TO IMPROVE EDUCATION QUALITY IN RWANDA THROUGH PERFORMANCE-BASED COMPENSATION. IT BUILDS ON A PREVIOUS EVALUATION SUPPORTED BY IPA AND GUIDE, WHICH FOUND THAT PAY-FOR-PERFORMANCE CONTRACTS IMPROVED TEACHER PERFORMANCE PARTICULARLY IN CLASSROOM PRESENCE AND PEDAGOGY AND ENHANCED STUDENT LEARNING OUTCOMES, WITH NO NEGATIVE IMPACT ON TEACHER RECRUITMENT.

    Expenses $9,379,374 · Grants $685,478 · Revenue $13,200,267

  • AS PART OF IPA'S SECTOR PROGRAMS, IPA'S PEACE & RECOVERY PROGRAM (P&R) AIMS TO IMPROVE OUTCOMES FOR CONFLICT- AND CRISIS-AFFECTED POPULATIONS BY BUILDING THE EVIDENCE BASE ON REDUCING VIOLENCE AND FRAGILITY, PROMOTING PEACE, AND PREVENTING, COPING WITH, AND RECOVERING FROM CRISES. IN 2024, IPA LAUNCHED THE CITIZEN SECURITY RESEARCH INITIATIVE (CSRI), FUNDED BY THE U.S. DEPARTMENT OF STATE'S BUREAU OF INTERNATIONAL NARCOTICS AND LAW ENFORCEMENT AFFAIRS. CSRI AIMS TO ADVANCE EVIDENCE ON TOPICS CENTRAL TO JUSTICE, CIVILIAN SECURITY, AND CRIME AND VIOLENCE REDUCTION ADDRESSING GAPS IN KNOWLEDGE ABOUT EFFECTIVE STRATEGIES TO STRENGTHEN JUSTICE SYSTEMS AND COMBAT ILLICIT ACTIVITIES.

    Expenses $6,098,043 · Grants $1,473,576

  • IPA HAS ALSO CONTINUED TO DIRECTLY RUN RIGOROUS FIELD RESEARCH TO IDENTIFY COST-EFFECTIVE AND SCALABLE PROGRAMS. ONE EXAMPLE RELATES TO CHILDHOOD IMMUNIZATION, ONE OF THE MOST COST-EFFECTIVE WAYS OF REDUCING CHILD MORTALITY, BUT IN SOME CONTEXTS A LARGE PERCENTAGE OF CHILDREN FAIL TO COMPLETE THEIR IMMUNIZATION SCHEDULES. A SIMPLE, LOW-COST INNOVATION A COLORED BRACELET USED TO SIGNAL WHETHER A CHILD HAS INITIATED VACCINATION, PROGRESSED IN THE SCHEDULE, OR COMPLETED ALL FIRST-YEAR VACCINATIONS ON TIME WAS FOUND TO INCREASE TIMELY AND COMPLETE VACCINATION BY 13 PERCENTAGE POINTS. TO BUILD A PATH TO SCALE, IPA AND RESEARCHER ANNE KARING HAVE BEEN WORKING CLOSELY WITH THE GOVERNMENT TO INTEGRATE THE INTERVENTION INTO ROUTINE SYSTEMS AND PROCESSES SUCH AS THE VACCINE SUPPLY CHAIN, AND TEST IT AT SCALE. IPA IS ALSO WORKING CLOSELY WITH THE NATIONAL AND DISTRICT CIVIL SERVICE TO BUILD CAPACITY WITHIN THE MINISTRY OF HEALTH TO MANAGE THE INTERVENTION, REFINE TOOLS AND PROTOCOLS, AND CONDUCT IMPLEMENTATION RESEARCH INTO HOW TO MOST COST-EFFECTIVELY DELIVER THE INTERVENTION AT SCALE IN SIERRA LEONE.

    Expenses $5,960,992 · Grants $727,057

  • DIGITAL FINANCIAL SERVICES HAVE TRANSFORMED HOW PEOPLE SAVE, BORROW, AND MAKE PAYMENTS ESPECIALLY IN LOW- AND MIDDLE-INCOME COUNTRIES. BUT RAPID INNOVATION HAS ALSO INTRODUCED NEW RISKS FOR CONSUMERS, INCLUDING HIDDEN FEES, FRAUD, OVER-INDEBTEDNESS, AND LIMITED AVENUES FOR RESOLVING PROBLEMS THAT ARISE. IN 2024, IPA CONTINUED TO BUILD EVIDENCE ON THE EVOLVING NATURE OF FINANCIAL TECHNOLOGIES AND ASSOCIATED RISKS THROUGH OUR CONSUMER PROTECTION RESEARCH INITIATIVE.

    Expenses $4,668,748 · Grants $556,988

  • IPA'S SOCIAL PROTECTION PROGRAM PARTNERS WITH GOVERNMENTS AND OTHER IMPLEMENTERS WORKING TO MOVE HOUSEHOLDS OUT OF EXTREME POVERTY BY CREATING ECONOMIC OPPORTUNITIES FOR THE POOR. IPA WORKED WITH THE WORLD BANK'S GENDER INNOVATION LAB ON THE EFFECTIVE SOCIO-EMOTIONAL SKILLS TO GAIN ECONOMIC EMPOWERMENT (ESTEEM) FRAMEWORK, WHICH CLARIFIES WHICH SOCIO-EMOTIONAL SKILLS DRIVE ECONOMIC EMPOWERMENT FOR DIFFERENT GROUPS AND PROVIDES FREE MEASUREMENT TOOLS AND RESEARCH INSIGHTS ON SKILLS TRAINING AND WOMEN'S ECONOMIC ACTIVITY. THIS COMPREHENSIVE APPROACH POSITIONS IPA TO BUILD THE NEXT GENERATION OF EVIDENCE USING COMMON MEASUREMENT FRAMEWORKS WHILE GENERATING IMPLEMENTER-FRIENDLY INSIGHTS FOR EFFECTIVE PROGRAM SCALE-UP.

    Expenses $4,064,350

  • OTHER PROGRAMS.

    Expenses $14,296,738 · Grants $39,562

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Agnieszka Zieminska Yank

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Ankur Vora

    DIRECTOR (OUTGOING)

    Total calculated
    $0
    Hours/week
    3
  • Benjamin Appen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Colin Teichholtz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • David Wells

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Heather Woodruff Grizzle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Jane Kabubo-Mariara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Janet Zhou

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Jyotsna Puri

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Karen Levy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Kentaro Toyama

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Laura Hattendorf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Mushfiq Mobarak

    DIRECTOR (OUTGOING)

    Total calculated
    $0
    Hours/week
    3
  • Russell Siegelman

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3
  • Trey Beck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Vineet Bewtra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Annie Duflo

    EXECUTIVE DIRECTOR

    Total calculated
    $315,407
    From this org
    $249,217
    From related orgs
    $0
    Other
    $66,190
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,767
    Bonus
    $0
    Other
    $450
    Deferred
    $7,948
    Nontaxable benefits
    $58,242
    Filer's total
    $315,407
  • Eric Fullilove

    CFO

    Total calculated
    $298,902
    From this org
    $274,059
    From related orgs
    $0
    Other
    $24,843
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,879
    Bonus
    $0
    Other
    $6,180
    Deferred
    $8,123
    Nontaxable benefits
    $16,720
    Filer's total
    $298,902
  • Stacey Daves-Ohlin

    GENERAL COUNSEL

    Total calculated
    $294,574
    From this org
    $235,139
    From related orgs
    $0
    Other
    $59,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,159
    Bonus
    $0
    Other
    $1,980
    Deferred
    $7,297
    Nontaxable benefits
    $52,138
    Filer's total
    $294,574
  • Faran Nadir

    CONTROLLER

    Total calculated
    $219,088
    From this org
    $167,284
    From related orgs
    $0
    Other
    $51,804
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,014
    Bonus
    $0
    Other
    $270
    Deferred
    $1,750
    Nontaxable benefits
    $50,054
    Filer's total
    $219,088
  • Pace Phillips

    DIR. BUSINESS & PROG. DEVELOPMENT

    Total calculated
    $213,659
    From this org
    $157,545
    From related orgs
    $0
    Other
    $56,114
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,095
    Bonus
    $0
    Other
    $450
    Deferred
    $5,144
    Nontaxable benefits
    $50,970
    Filer's total
    $213,659
  • Sarah De Tournemire

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $310,904
    From this org
    $253,502
    From related orgs
    $0
    Other
    $57,402
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,812
    Bonus
    $0
    Other
    $690
    Deferred
    $4,272
    Nontaxable benefits
    $53,130
    Filer's total
    $310,904
  • Steven Glazerman

    CHIEF RSRCH & METHODOLOGY

    Total calculated
    $295,704
    From this org
    $236,233
    From related orgs
    $0
    Other
    $59,471
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,943
    Bonus
    $0
    Other
    $1,290
    Deferred
    $7,350
    Nontaxable benefits
    $52,121
    Filer's total
    $295,704
  • Nathanael Goldberg

    SR. DIR. OF SECTOR PROGRAMS

    Total calculated
    $212,681
    From this org
    $155,999
    From related orgs
    $0
    Other
    $56,682
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,549
    Bonus
    $0
    Other
    $450
    Deferred
    $4,956
    Nontaxable benefits
    $51,726
    Filer's total
    $212,681

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

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513169349300641

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