Innovations for Poverty Action a Nonprofit Corporation

What it reported doing in 2024

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.

Financial Efficiency

• Mission deployment rate: 84.3%; rating input score 84
• Program expense ratio: 76.8%; rating input score 77
• Fundraising efficiency: $38.2 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 3 of 8 controls in place; rating input score 38
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Pass
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.7%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -9.7%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 0.58; rating input score 22; 22nd percentile among comparable filings
• Liabilities to assets ratio: 0.86; rating input score 14; 14th percentile among comparable filings
• Officer compensation ratio: 3.7%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 1.4% per year; rating input score 100; 12th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 2.8% per year; rating input score 100; 19th percentile among comparable filings