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Nonprofit · EIN 06-1660068

INNOVATIONS FOR POVERTY ACTION

Tax-exempt · WASHINGTON, DC 20036

Financials

$53.3M$54.4M2023$52.8M$57.9M2024
Revenue Expenses · by fiscal year end
Financials of INNOVATIONS FOR POVERTY ACTION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$52,795,464$57,894,421-$5,098,957$33,431,493$28,855,772$4,575,721
December 31, 2023990$53,278,625$54,430,966-$1,152,341$32,068,016$21,806,840$10,261,176
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$39,269,905
of which government grants
$5,199,582
Program service revenue
$13,055,609
Investment income
$340,106
Other revenue
$129,844

Expenses

Grants and similar amounts paid
$3,482,661
Compensation of officers, directors and key employees
$908,883
Other salaries and wages
$26,246,981
Salaries, compensation and benefits (total)
$34,889,503
Professional fundraising fees
$0
Legal fees
$365,027
Accounting fees
$268,558
Occupancy
$1,130,676
Travel
$5,254,354
Depreciation
$99,780
Program services (functional)
$44,468,245
Management and general (functional)
$12,398,129
Fundraising (functional)
$1,028,047

Balance sheet and other

Total assets, start of year
$32,068,016
Total assets, end of year
$33,431,493
Total liabilities, end of year
$28,855,772
Net assets, end of year
$4,575,721
Land, buildings and equipment
$222,429
Net assets without donor restrictions
$2,964,517
Net assets with donor restrictions
$1,611,204
Gross receipts
$52,795,464
Employees
110
Volunteers
14
Year formed
2002
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANNIE DUFLOEXECUTIVE DIRECTOR
Officer
40$249,217$66,190
SARAH DE TOURNEMIRECHIEF PHILANTHROPY OFFICER
Highest-paid employee
40$253,502$57,402
ERIC FULLILOVECFO
Officer
40$274,059$24,843
STEVEN GLAZERMANCHIEF RSRCH & METHODOLOGY
Highest-paid employee
40$236,233$59,471
STACEY DAVES-OHLINGENERAL COUNSEL
Officer
40$235,139$59,435
FARAN NADIRCONTROLLER
Highest-paid employee
40$167,284$51,804
PACE PHILLIPSDIR. BUSINESS & PROG. DEVELOPMENT
Highest-paid employee
40$157,545$56,114
NATHANAEL GOLDBERGSR. DIR. OF SECTOR PROGRAMS
Highest-paid employee
40$155,999$56,682
AGNIESZKA ZIEMINSKA YANKDIRECTOR
Trustee or director
3$0$0
ANKUR VORADIRECTOR (OUTGOING)
Trustee or director
3$0$0
BENJAMIN APPENDIRECTOR
Trustee or director
3$0$0
COLIN TEICHHOLTZDIRECTOR
Trustee or director
3$0$0
DAVID WELLSDIRECTOR
Trustee or director
3$0$0
HEATHER WOODRUFF GRIZZLEDIRECTOR
Trustee or director
3$0$0
JANE KABUBO-MARIARADIRECTOR
Trustee or director
3$0$0
9 more people on this return
NameTitleHours / weekCompensation
JANET ZHOUDIRECTOR
Trustee or director
3$0
JYOTSNA PURIDIRECTOR
Trustee or director
3$0
KAREN LEVYDIRECTOR
Trustee or director
3$0
KENTARO TOYAMADIRECTOR
Trustee or director
3$0
LAURA HATTENDORFDIRECTOR
Trustee or director
3$0
MUSHFIQ MOBARAKDIRECTOR (OUTGOING)
Trustee or director
3$0
RUSSELL SIEGELMANCHAIRMAN
Trustee or director, Officer
3$0
TREY BECKDIRECTOR
Trustee or director
3$0
VINEET BEWTRADIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
ANNIE DUFLOEXECUTIVE DIRECTOR
Officer
40$265,999$50,314
SARAH DE TOURNEMIRECHIEF PARTNER. & PHILANTHROPY OFFICER
Highest-paid employee
40$244,978$55,175
ERIC FULLILOVECFO
Officer
40$274,768$23,968
STEVEN GLAZERMANCHIEF RSRCH & METHODOLOGY
Highest-paid employee
40$229,742$55,587
STACEY DAVES-OHLINGENERAL COUNSEL
Officer
40$224,486$58,574
PACE PHILLIPSDIR. BUSINESS & PROG DEVEL
Highest-paid employee
40$152,710$54,329
FARAN NADIRSENIOR DIRECTOR
Highest-paid employee
40$149,805$48,655
DAVID ANDREW BERRYSENIOR DIRECTOR (OUTGOING)
Highest-paid employee
40$172,372$9,361
MESERET ANSEBOCHIEF PEOPLE OFFICER (OUTGOING)
Officer
40$145,030$25,768
AGNIESZKA ZIEMINSKA YANKDIRECTOR
Trustee or director
3$0$0
ANKUR VORADIRECTOR
Trustee or director
3$0$0
BENJAMIN APPENDIRECTOR
Trustee or director
3$0$0
CINA LAWSONDIRECTOR
Trustee or director
3$0$0
COLIN TEICHHOLTZDIRECTOR
Trustee or director
3$0$0
DAVID WELLSDIRECTOR
Trustee or director
3$0$0
HEATHER WOODRUFF GRIZZLEDIRECTOR
Trustee or director
3$0$0
JANE MARIARADIRECTOR
Trustee or director
3$0$0
JANET ZHOUDIRECTOR
Trustee or director
3$0$0
JYOTSNA PURIDIRECTOR
Trustee or director
3$0$0
KAREN LEVYDIRECTOR
Trustee or director
3$0$0
KENTARO TOYAMADIRECTOR
Trustee or director
3$0$0
LAURA HATTENDORFDIRECTOR
Trustee or director
3$0$0
MUSHFIQ MOBARAKDIRECTOR
Trustee or director
3$0$0
RAKESH RAJANIDIRECTOR (OUTGOING)
Trustee or director
3$0$0
RUSSELL SIEGELMANCHAIRMAN
Trustee or director, Officer
3$0$0
TREY BECKDIRECTOR
Trustee or director
3$0$0
VINEET BEWTRADIRECTOR
Trustee or director
3$0$0
WENDY ABTDIRECTOR (OUTGOING)
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
1701 RHODE ISLAND AVE NW 3-124, WASHINGTON, DC 20036-3001
In care of
% FARAN NADIR
Principal officer (990 for 2024)
ANNIE DUFLO, 1701 RHODE ISLAND AVE NW 3-124, WASHINGTON, DC 20036
Signed the 990
ANNIE DUFLO, EXECUTIVE DIRECTOR
Phone
(203) 672-9507
Return prepared by
CBIZ ADVISORS LLC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • 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

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1660068
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Social science (V30)
Assets (IRS master file)
$42,796,458
Income (IRS master file)
$60,152,501

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$52,795,464$57,894,421$33,431,493XML
990December 2023$53,278,625$54,430,966$32,068,016XML
990December 2022$54,859,211$49,275,784$38,831,283IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1660068).

Questions about INNOVATIONS FOR POVERTY ACTION

What is the EIN of INNOVATIONS FOR POVERTY ACTION?
The employer identification number (EIN) of INNOVATIONS FOR POVERTY ACTION is 06-1660068.
Is INNOVATIONS FOR POVERTY ACTION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to INNOVATIONS FOR POVERTY ACTION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNOVATIONS FOR POVERTY ACTION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INNOVATIONS FOR POVERTY ACTION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INNOVATIONS FOR POVERTY ACTION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INNOVATIONS FOR POVERTY ACTION?
The 990 for the year ended December 31, 2024 names ANNIE DUFLO.
Who are the officers and directors of INNOVATIONS FOR POVERTY ACTION?
The 990 for the year ended December 31, 2024 lists 24 people; 8 received compensation from the organization, the highest $249,217 (ANNIE DUFLO, EXECUTIVE DIRECTOR).
How much revenue does INNOVATIONS FOR POVERTY ACTION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $52,795,464, expenses of $57,894,421 and total assets of $33,431,493 at year end.

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