Indo-Pacific Partnership for Prosperity

Legal name: Indo-pacific Partnership for Prosperity Inc

Nonprofit profile at a glance

EIN
934537557
IRS 990 coverage
2024–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-EZ 2025, Form 990-N 2023
Location
New York, NY, USA
Phone
6463817860
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
International Economic Development

Official website

Reported finances

Revenue
$670,226
Expenses
$722,842
Assets
$100,222
Liabilities
$100,222

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DAVID TALBOT (EXECUTIVE DIRECTOR THRU DEC 2025)

Highest reported compensation

  • DAVID TALBOT (EXECUTIVE DIRECTOR THRU DEC 2025): $354,607 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Indo-Pacific Partnership for Prosperity (IP3) is dedicated to mobilizing capital and expertise to accelerate growth, unlock opportunities, and advance solutions to the defining economic challenges across Indo-Pacific partners.

What it reported doing in 2025

The indo-pacific partnership for prosperity's (ip3) programs focus on infrastructure, supply chains, critical technologies, and workforce development. Ip3 launched the coalition for emerging market infrastructure investment a private sector coalition that aims to facilitate the identification, promotion, and development of successful infrastructure projects and investment in indo-pacific emerging markets in order to support sustainable growth and development. The coalition aims to (i) create investable opportunities; (ii) establish and facilitate dialogues between governments, mdbs, and dfis to de-risk investments; and (iii) develop optimal investment structures and financing alternatives. [see continuation on schedule o]the coalition launched its first country platform with the philippines in september 2024. Ip3 additionally laid the foundation for its second major initiative focused on ai infrastructure and supply chains intended for public launch in 2025.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 70
  • Accountability: 79
  • Sustainability: 10
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.3%; rating input score 56
  • Program expense ratio: 52.2%; rating input score 52
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -7.9%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 49.1%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -34.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -25.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 34% per year; rating input score 100; 91st percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 56.3% of revenue deployed · 52.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $377K in reported program spending
  • Leadership: top reported pay $355K · 4 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $130K reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.