Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
INNOVATIONS FOR POVERTY ACTION
Employer identification number
06-1660068
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
7,358,104
14,166,665
18,997,069
26,532,400
29,863,735
96,917,973
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
7,358,104
14,166,665
18,997,069
26,532,400
29,863,735
96,917,973
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
21,225,138
6
Public Support. Subtract line 5 from line 4.
75,692,835
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
7
Amounts from line 4..
7,358,104
14,166,665
18,997,069
26,532,400
29,863,735
96,917,973
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
7,483
29,177
29,354
23,203
25,887
115,104
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11
Total support (Add lines 7 through 10).
97,033,077
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
78.007 %
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
72.544 %
16a
33 1/3% support test—2011.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2010.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2011.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public Support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13
Total support (Add lines 9, 10c, 11 and 12.).
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2011 (line 8 column (f) divided by line 13 column (f))
.........
15
16
Public support percentage from 2010 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2011 (line 10c column (f) divided by line 13 column (f))
......
17
18
Investment income percentage from 2010 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2011.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2010.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2011
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
INNOVATIONS FOR POVERTY ACTION
Employer identification number
06-1660068
Identifier
Return Reference
Explanation
Process used to review form 990
Form 990, Part VI, section B, line 11
The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated electronically to the full Board of Trustees for discussion and comment. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service. Conflict of interest policy monitoring & enforcement form 990, part VI, section B, line 12 The organization has a conflict of interest policy in place. All new employees and board members are asked to review and acknowledge their compliance with the conflict of interest policy on an annual basis. The organization distributes an annual questionnaire to all employees (including executives) and Board of Trustees Members. The Board of Directors is tasked with reviewing any potential conflicts of interest and determining compliance with the organization's policy. Process for determining compesation Form 990, part VI, section B, line 15 The organization undertakes a thorough process for determining the compensation of its executive officers, (and uses the same process for all employees. The organization relies on market analysis to determine compensation across all levels, using similarly sized organizations as a benchmark. The organization hired a nonprofit professional advisory group to perform the specific analysis, as well as to search for the chief financial officer. It should be noted that the President and ceo is also the founder of the organization. The President draws no salary from Innovations for poverty action.
Availability of the documents to the public
Form 990, Part VI, section C, line 19
The organization's audited financial statements, Form 990 and annual summary are posted on the organization's website and are available at the address listed on page 1 of the Form 990. The Form 990 is, likewise, published on www.guidestar.org. The organization's governing documents and conflict of interest policy are available upon request and at management's discretion. They are often picked up for other charity evaluation websites such as charity navigator.
Other program services
Form 990, part III, line 4d
The Organization undertook the following other programs in 2011: 4.Research Initiatives in Sixteen Countries: IPA research initiatives are focused portfolios of research projects designed in concert to provide actionable answers to the questions of policymakers and practitioners working in specific fields. Each initiative focuses on a persistent problem which the poor face around the world. The Global Financial Inclusion Initiative seeks to help the poor manage and grow their money through understanding what kinds of innovative financial services are most effective. Our Small and Medium Enterprise Initiative seeks to help entrepreneurs and small business in the developing world overcome the unique challenges they face to growing their businesses. Our US Household Finance Initiative is working to build better markets for personal finance in the United States by using insights from the social sciences to develop, test, and refine innovations that benefit both users and suppliers of financial products and services. IPA's Post-Conflict Initiative is conducting some of the first rigorous randomized evaluations of projects focused on peace-building and the unique set of challenges facing post-conflict and fragile states. 5.Deworm the World Initiative in Kenya, India, Liberia and Nigeria: The Deworm the World Initiative helps governments launch, strengthen, and sustain regional and national school-based deworming programs. In 2011, through our collaboration with the government of Bihar, India, 17 million children received deworming medication-85 percent of all school-aged children in the state. This brings the total number of children we have helped reach to 37 million. The Deworm the World Initiative provides technical assistance directly to Ministries of Education and Health to help them develop, implement, and monitor programs over the long term. We coordinate strategic support, such as donated medicine from our pharmaceutical industry partners, and program financing from donors. We also advocate for large-scale programs with global, regional, and country leaders. 6.Rangeland Management in Namibia: IPA is conducting an impact assessment of the Community Based Rangeland and Livestock Management (CBRLM) program in Namibia. This program is part of a larger set of interventions in the agricultural sector designed to reduce poverty among the population of the northern regions of the country. Many people in the area rely on cattle production for their economic livelihoods, however overuse of the communal grazing areas and suboptimal grazing practices threaten the long-term viability of the land and contribute to persistent poverty. The evaluation is designed to test the impact of the various activities within the CBRLM intervention on household income, cattle productivity, and the condition of the rangeland. The intervention targets both inadequate information about appropriate cattle production practices and the social or other behavioral preferences of farmers. 7.Property Rights and Vocational Education in Mongolia: The urban property rights evaluation focuses on the land titling component of the project known as the Privatization and Registration of Ger Area Land Plots Activity in Mongolia, which will provide direct assistance to 75,000 households seeking to privatize and register land plots in urban ger areas. A subset of eligible houses in the area was randomly chosen to receive door-to-door assistance with the registration process. This assistance included support for both the necessary paperwork as well as the registration fees. Researchers will evaluate the program's impact on access to credit, investment in land and housing, property values, labor market outcomes, and household income using both household level surveys and aggregate institutional data. The vocational education study explores whether or not vocational education increases the wages of poor Mongolians through an evaluation of a project designed to improve technical skills and productivity to meet labor market demand in key industries (including, among others, construction, mining, electronics, mechanics, and transport). 8.Savings Impact Studies in Chile, Malawi, Philippines and Uganda: Savings Impact is IPA's four-site replication of a promising pilot study in Kenya which found that access to savings accounts can improve business investments while preserving household finances, especially for women. The follow-up field experiments focus on giving people access to savings accounts at a formal or semi-formal institution that are free or nearly free to use. The aim is to understand the causes and consequences of the lack of access to banking services in a variety of contexts. The study's sites in rural Uganda, Malawi, Chile, and the Philippines marked many successes in 2011, the second year of operations for the study. Three of the four sites recruited over six thousand participants, half of which were offered fee-free savings accounts. The final site in the Philippines developed institutional partnerships and implemented a pilot project, the outcomes of which will be evident in 2012. 9.Biomarkers in Kenya: This evaluation tested two interventions to reduce risky sexual behavior: training teachers on the existing HIV curriculum, and reducing the costs of schooling by providing free uniforms. The 328 study schools were randomly assigned to one of four groups of about 82 schools. Each of the four groups of schools received a different set of programs: group 1 schools received the teacher training program only, group 2 schools received the uniforms program only, group 3 schools received both programs, and group 4 received no program at all. Training teachers on how to implement the national HIV/AIDS curriculum greatly increased the likelihood that teachers teach about HIV in the classroom. However, the intervention did not reduce childbearing rates among girls, suggesting that it did not decrease the likelihood that girls engage in unprotected sex. Free school uniforms led students to stay enrolled for significantly longer, and reduced the incidence of teen marriage and teen pregnancy. In schools that received both free uniforms and teacher training on the HIV/AIDS curriculum, the reduction in drop-outs and teenage pregnancy among girls was lower than that observed in schools that received free uniforms only. On the other hand, the two programs combined led to a significant reduction in the risk of sexually transmitted infections (STI) whereas the other programs did not reduce the incidence of STI after 6-7 years. 10.Sanitation in Bangladesh: The sanitation project tests different strategies to market toilets in an environment where the decisions to invest in the new technology may be closely inter-linked across households. The study is designed to examine whether the low investment in improved sanitation in rural areas is due to a coordination failure, in which it is not sensible for one household to spend money unilaterally on a toilet when others around them are still practicing open defecation, and as a result, all kids are getting sick anyway. The large scale of the project in one rural Bangladeshi district also allows the researchers to study spillover effects of sanitation investments on the local community, including changes in the behavior of local politicians and changes in wages and other labor market effects on masons who manufacture toilet parts. In 2011, IPA had over 230 projects completed or underway in more than 40 countries around the world. These projects are designed to ameliorate the conditions of the poor throughout the world. For more information about the many different projects the organization operated in 2011, please go to http://www.poverty-action.org. For more information about the organization, iTs activities and its programs, please review the annual report at http://www.poverty-action.org/annualreport2011.
Schedule O, Part V, Line 4b
The Organization also has foreign bank accounts in the following jurisdictions: Bangladesh and Zambia.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.