2025-05-12T08:30:06-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2023-10-01 463075530 PIVOT WORKS INC PIVO 6072808594 75 N MAIN STREET 2075 RANDOLPH MA 02368 LAURA CORDIER EXECUTIVE DIRECTOR 6072808594 2025-04-25 1 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2025-04-25 2023 2025-03-06 01:10:19Z LAURA CORDIER 75 N MAIN STREET 2075 RANDOLPH MA 02368 8277986 0 X WWW.PIVOTWORKS.ORG X 2013 MA PIVOT'S MISSION IS TO SAVE LIVES, TRANSFORM HEALTH SYSTEMS, AND CATALYZE GLOBAL CHANGE. WE ARE A MADAGASCAR-BASED ORGANIZATION WORKING IN PARTNERSHIP WITH THE GOVERNMENT TO TRANSFORM THE LOCAL HEALTH SYSTEM AND PROVIDE A MODEL FOR THE INTEGRATION OF SERVICE DELIVERY AND SCIENCE TO MEET THE NEEDS OF THE MOST VULNERABLE POPULATIONS WITH THE AIM OF REDUCING MATERNAL AND CHILD MORTALITY. 19 15 5 0 0 0 6441518 8189878 0 0 46154 81153 9631 6955 6497303 8277986 0 0 0 0 3058568 2750378 0 0 253395 4608753 4249594 7667321 6999972 -1170018 1278014 5652797 6874157 832891 786740 4819906 6087417 X PIVOT'S MISSION IS TO SAVE LIVES, TRANSFORM HEALTH SYSTEMS, AND CATALYZE GLOBAL CHANGE. WE ARE A MADAGASCAR-BASED ORGANIZATION WORKING IN PARTNERSHIP WITH THE GOVERNMENT TO TRANSFORM THE LOCAL HEALTH SYSTEM AND PROVIDE A MODEL FOR THE INTEGRATION OF SERVICE DELIVERY AND SCIENCE TO MEET THE NEEDS OF THE MOST VULNERABLE POPULATIONS WITH THE AIM OF REDUCING MATERNAL AND CHILD MORTALITY. 0 0 5939509 MADAGASCAR HEALTH SERVICES - PIVOT WORKS IN THE VATOVAVY REGION OF MADAGASCAR, WITH A VISION TO ADVANCE UNIVERSAL HEALTH COVERAGE. IN ORDER TO DO SO, OUR DISTRICT MODEL APPROACH ENSURES THE INTEGRATION OF CARE AT ALL THREE CRITICAL LEVELS OF THE HEALTH SYSTEM: COMMUNITY HEALTH, PRIMARY HEALTH CARE FACILITIES AND DISTRICT REFERRAL HOSPITALS. OUR PRIORITY PROGRAMS INCLUDE ON 1) HUMAN RESOURCES FOR HEALTH - TO HAVE RESPONSIVE, MOTIVATED WELL TRAINED HEALTH WORKFORCE IMPLEMENTING MATERNAL AND CHILD HEALTH PROGRAMS 2) ENHANCED COMMUNITY HEALTH - WITH PROFESSIONALIZED COMMUNITY HEALTH WORKERS EQUIPPED WITH MOBILE TECHNOLOGY 3) SOCIAL PROTECTION - WITH REMOVAL OF USER FEES AND SOCIAL PROGRAMS FOR VULNERABLE AND TARGET POPULATIONS. 4) INTEGRATED TRANSFORMATIVE RESEARCH TO ADVANCE AN EVIDENCE BASED MODEL THAT IS RESPONSIVE TO LOCAL NEEDS. 5939509 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 1 MA 0 0 0 0 0 0 0 0 0 0 X 19 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY CA X X THE ORGANIZATION 8577565037 75 N MAIN STREET SUITE 2075 RANDOLPH MA 02368 STEPHEN DELLA PIETRA DIRECTOR (UNTIL JAN '24) 0.50 X 0 0 0 VINCENT DELLA PIETRA DIRECTOR (UNTIL JAN '24) 0.50 X 0 0 0 EMMA UWODUKUNDA DIRECTOR 0.50 X 0 0 0 LUC SAMISON DIRECTOR 0.50 X 0 0 0 LARA HALL DIRECTOR 0.50 X 0 0 0 MAX HERRNSTEIN DIRECTOR (UNTIL JAN '24) 0.50 X 0 0 0 JAMES HERRNSTEIN DIRECTOR & CO-FOUNDER 0.50 X 0 0 0 BOB HOWER DIRECTOR 0.50 X 0 0 0 MARK KRASNOW DIRECTOR 0.50 X 0 0 0 EDWARD M NORTON DIRECTOR 0.50 X 0 0 0 BRITTANY POWELL DIRECTOR 0.50 X 0 0 0 MANU PRAKASH DIRECTOR 0.50 X 0 0 0 TAHIRY RAVELOSON DIRECTOR 0.50 X 0 0 0 PATRICIA WRIGHT DIRECTOR 0.50 X 0 0 0 FARAMALALA RABEMANANJARA DIRECTOR 1.00 X 941 0 0 SEHENO RANDRIAMANANTENA DIRECTOR 0.50 X 0 0 0 MICHAEL RICH DIRECTOR/SENIOR CLINICAL ADVISOR 10.00 X 17887 0 0 BENJAMIN ANDRIAMIHAJA DIRECTOR/GOVERNMENT ADVISOR 10.00 X 13842 0 0 ROBIN HERRNSTEIN CHAIRWOMAN & CO-FOUNDER 4.00 X X 0 0 0 TYLER SALTIEL TREASURER 2.00 X X 0 0 0 TARA LOYD DIRECTOR & ED EMERITUS 0.50 X X 0 0 0 MATTHEW BONDS CO-FOUNDER & SCIENTIFIC DIRECTOR 25.00 X X 118190 0 0 LAURA CORDIER EXECUTIVE DIRECTOR 40.00 X 93584 0 20261 CHARLOTTE FRAIBERG CHIEF FINANCIAL OFFIC.(SINCE 9/2/24) 40.00 X 0 0 0 244444 0 20261 1 0 0 1 0 8189878 8189878 81153 81153 OTHER INCOME 900099 6955 6955 6955 8277986 0 0 88108 293322 239370 16353 37599 1689975 1395487 210211 84277 521481 433014 61858 26609 245600 202760 28280 14560 5121 3257 1814 50 135943 135943 468311 440467 11291 16553 361680 161035 151511 49134 203321 158768 42115 2438 601805 533866 46206 21733 77506 55513 21589 404 PROGRAM OPERATIONS 2395907 2315972 79897 38 6999972 5939509 807068 253395 2214046 2103166 2362458 2443610 200426 1422431 438821 473008 507863 282130 238210 225733 198836 206209 5652797 6874157 633185 580865 199706 205875 832891 786740 X 4664298 4502735 155608 1584682 4819906 6087417 5652797 6874157 X 1278014 -10503 X X 0 1 X 1 0 X 4028355 6732103 7559890 6441518 8189878 32951744 4028355 6732103 7559890 6441518 8189878 32951744 14114820 18836924 2493 1372 11985 46154 81153 143157 6601 9631 6955 23187 33118088 0.56880 0.60940 X SCHEDULE A, PART III, COLUMN A: THE PRIOR YEAR FIGURES IN COLUMN A REPRESENT A NINTH MONTH PERIOD FROM JANUARY 1, 2020 TO SEPTEMBER 30, 2020. THE ORGANIZATION CHANGED ITS FISCAL YEAR-END DATE FROM DECEMBER 31ST TO SEPTEMBER 30TH IN 2020. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 220702 184581 36121 287161 97549 189612 225733 OPERATING LEASE LIABILITIES 205875 205875 X 8267483 -10503 -10503 8277986 0 8277986 6999972 0 6999972 0 6999972 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF SEPTEMBER 30, 2024, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF SEPTEMBER 30, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FOREIGN CURRENCY EXCHANGE -10,503. SUB-SAHARAN AFRICA 4 280 PROGRAM SERVICES HEALTH SYSTEM STRENGTHENING & RESEARCH 5939509 4 280 0 0 4 280 5939509 0 5939509 1 0 0 0 0 0 X X X X X 0 0 0 0 0 0 0 0 0 MATTHEW BONDS CO-FOUNDER & SCIENTIFIC DIRECTOR 118190 0 0 0 0 0 0 0 0 0 118190 0 0 0 MICHAEL RICH DIRECTOR/SENIOR CLINICAL ADVISOR 17887 0 0 0 0 0 0 0 0 0 17887 0 0 0 FORM 990, PART VII, QUESTION 5: IN CALENDAR YEAR 2023, MATTHEW BONDS WAS AN EMPLOYEE OF HARVARD MEDICAL SCHOOL (HMS). PIVOT WORKS, INC. HELD A GRANT AGREEMENT WITH HMS IN WHICH BONDS' SALARY WAS SUPPORTED IN THE AMOUNT OF $118,190 IN CALENDAR YEAR 2023, MICHAEL RICH WAS AN EMPLOYEE OF BRIGHAM AND WOMEN'S HOSPITAL (BWH). HIS BWH PAYROLL WAS REIMBURSED BY PIVOT WORKS, INC. FOR SERVICES RENDERED IN THE AMOUNT OF $17,887 THE REIMBURSEMENT OF THE MATTHEW BOND'S PAYROLL BY PIVOT WORKS, INC. (HMS) FOR THE PERIOD OF OCTOBER 1ST, 2023 TO JUNE 30, 2024 (WHEN THE AWARD ENDED) WAS REFLECTED AS OFFICER OR DIRECTOR COMPENSATION AND INCLUDED ON LINE 5 OF THE STATEMENT OF FUNCTIONAL EXPENSES. THIS AMOUNT TOTALED $105,154. MICHAEL RICH DID NOT HAVE ANY REIMBURSEMENT OF PAYROLL DURING FISCAL YEAR OCTOBER 1ST, 2023 TO SEPTEMBER 30, 2024. FORM 990, PART VI, SECTION A, LINE 2 JAMES HERRNSTEIN (DIRECTOR) AND ROBIN HERRNSTEIN (DIRECTOR) HAVE A FAMILIAL RELATIONSHIP. JAMES HERRNSTEIN AND MAX HERRSTEIN (DIRECTOR UNTIL JAN '24) HAVE A FAMILIAL RELATIONSHIP. VINCENT DELLA PIETRA (DIRECTOR UNTIL JAN '24) AND STEPHEN DELLA PIETRA (DIRECTOR UNTIL JAN '24) HAVE A FAMILIAL RELATIONSHIP. EDWARD NORTON (DIRECTOR) AND MATTHEW BONDS (CO-FOUNDER & SCIENTIFIC DIRECTOR) HAVE A FAMILIAL RELATIONSHIP. JIM HERRNSTEIN, STEPHEN DELLA PIETRA AND VINCENT DELLA PIETRA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM AND REVIEWED IN DEPTH BY THE CHIEF FINANCIAL OFFICER, EXECUTIVE DIRECTOR AND FINANCE COMMITTEE. IT IS THEN REVIEWED BY THE GOVERNING BODY PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE STAFF, BOARD MEMBERS, OFFICERS AND RELATED PERSONNEL OF PIVOT WORKS, INC. ARE REQUIRED TO SELF-DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST WHEN SUCH AN ISSUE ARISES. IT WILL BE BROUGHT UP TO OFFICER'S ATTENTION AND TO A BOARD MEETING FOR DISCUSSION. ANY NECESSARY ACTIONS ILLUSTRATED ON THE CONFLICT OF INTEREST POLICY OF PIVOT WORKS INC. WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 PIVOT WORKS INC. DEVELOPED ITS COMPENSATION SCALE VIA RESOURCES PROVIDED BY A THIRD PARTY HR SERVICE COMPANY, AS WELL AS DISCUSSION AMONG ITS GOVERNING BOARD MEMBERS. THE CEO, OFFICERS AND EMPLOYEES WERE PAID BASED ON THEIR EXPERIENCE AND EDUCATION QUALIFICATIONS. PIVOT'S POLICIES COMMIT IT TO RE-TAKING AND RE-EVALUATING ITS SALARY SCALE BASED ON A THIRD PARTY SALARY COMPARABILITY STUDY EVERY THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY EXCHANGE -10,503. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.