Pvblic Foundation Inc

Nonprofit profile at a glance

EIN
455096423
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6789742516
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$6,495,893
Expenses
$7,037,124
Assets
$729,982
Liabilities
$908,466

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • STEPHEN KEPPEL (PRESIDENT)
  • DANIEL WILKINS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • STEPHEN KEPPEL (PRESIDENT): $218,230 total reported compensation
  • DANIEL WILKINS (EXECUTIVE DIRECTOR): $100,000 total reported compensation
  • SERGIO FERNANDEZ DE CORDOVA (EXECUTIVE CHAIRMAN): $61,137 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pvblic foundation is an innovative non=profit organization that mobilizes media, data and technology for sustainable development and social impact around the world. The foundation connects public, private and nonprofit sectors, plugging innovations into social agendas and helping governments, ngos and intergovernmental organizations amplify their impact through original programs, creative partnerships and strategic donor funds. The foundation has managed programs and partnerships that have reached more than a billion people in 125 countries and inspired global action on the sustainable development goals (sdgs).

What it reported doing in 2024

Sids4/sdg data alliance: in 2024, the sdg data alliance continued to make significant strides in advancing sustainable development through data-driven solutions, particularly in small island developing states (sids) and collaboration with sids4, the fourth international conference on small island developing states, a high-level united nations conference focused on advancing sustainable development in small island developing states (sids).pvblic foundation played a prominent and strategic role at sids4 - both as a partner organization and as a key driver of data and technology initiatives supporting sids resilience and sustainable development.pvblic co-led several sessions and engagements around the sdg data alliance, a global multi-stakeholder initiative that supports governments - including many sids - in building national data ecosystems for sustainable development.throughout the year, the sdg alliance hosted workshops in 5 countries, engaging more than 260 participants from over 30 countries, including 27 sids nations.the alliance was also represented at 9 major global events (rotterdam, antigua, san diego, New York, ethiopia, azerbaijan, saudi arabia). The alliance's engagement in key events such as the sids conference in antigua and barbuda was a highlight, where it supported the launch of the sdg data hub for caribbean sids. Capacity-building workshops in mexico, tonga, and fiji provided tailored solutions to enhance geospatial data frameworks, addressing the unique challenges of climate resilience, limited resources, and geographical isolation faced by pacific and caribbean nations. These initiatives have empowered sids to integrate data solutions into their sustainable development strategies, furthering progress on critical goals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 45
  • Accountability: 62
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8.3%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 1.24; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 27.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 25.7% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 31.7% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95% of spending went to programs
  • Governance: 5 of 6 board members independent · 3 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $6.7M in reported program spending
  • Leadership: top reported pay $218K · 8 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.2M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.