NEW INCENTIVES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
NEW INCENTIVES (EIN 45-2368993)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-10-28
IRS object ID
202203019349300300
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-10-28T00:05:21-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1621 CAPITOL MALL SUITE 2150AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452368993EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW INCENTIVESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWIBusinessNameControlTxt
Phone4157977639PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1340 S LEMON AVENUE 6133AddressLine1Txt
CityWALNUTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSVETHA JANUMPALLIPersonNm
Person TitleDIRECTOR & CEOPersonTitleTxt
Phone4157977639PhoneNum
Signature2022-10-27SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSVETHAPersonFirstNm
Person LastJANUMPALLIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA M CUMMINGS CPAPreparerPersonNm
PTINP00043433PTIN
Phone9164429100PhoneNum
Preparation2022-10-27PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Principal OfficerSVETHA JANUMPALLIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1340 S LEMON AVENUE 6133AddressLine1Txt
CityWALNUTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,346,474GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNEWINCENTIVES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO REDUCE POVERTY WHILE INCREASING HEALTH OUTCOMES FOR WOMEN, CAREGIVERS AND INFANTS BY PROVIDING FINANCIAL ASSISTANCEActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,936,954PYContributionsGrantsAmt
CY Contributions Grants$14,328,559CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$249,990PYInvestmentIncomeAmt
CY Investment Income$17,915CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$19,186,944PYTotalRevenueAmt
CY Total Revenue$14,346,474CYTotalRevenueAmt
PY Grants And Similar Paid$1,788,843PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,225,445CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$291,827PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$366,144CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$59,993CYTotalFundraisingExpenseAmt
PY Other Expenses$379,318PYOtherExpensesAmt
CY Other Expenses$463,510CYOtherExpensesAmt
PY Total Expenses$2,459,988PYTotalExpensesAmt
CY Total Expenses$3,055,099CYTotalExpensesAmt
PY Revenues Less Expenses$16,726,956PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,291,375CYRevenuesLessExpensesAmt
Total Assets BOY$17,944,969TotalAssetsBOYAmt
Total Assets EOY$29,292,382TotalAssetsEOYAmt
Total Liabilities BOY$79,279TotalLiabilitiesBOYAmt
Total Liabilities EOY$135,317TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,865,690NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$29,157,065NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OTHE SPECIFIC PURPOSE OF NEW INCENTIVES IS TO ASSIST VULNERABLE, POOR HOUSEHOLDS. THE ORGANIZATIONS PRIMARY BELIEF IS THAT POOR HOUSEHOLDS BEAR A DISPROPORTIONATE AMOUNT OF BURDEN IN SOCIETY, AND THAT SMALL CASH TRANSFERS CAN SUBSTANTIALLY DECREASE THE HIGH COSTS POOR HOUSEHOLDS FACE WHEN MAKING DECISIONS THAT AFFECT THEIR FUTURE STANDARD OF LIVING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,781,134ExpenseAmt
Grant$2,225,445GrantAmt
Revenue$0RevenueAmt
DescNEW INCENTIVES, VIA ITS NIGERIA-BASED ORGANIZATION, ALL BABIES ARE EQUAL INITIATIVE (ABAE), OPERATED A CONDITIONAL CASH TRANSFER PROGRAM TO INCENTIVIZE MOTHERS (AND OTHER CAREGIVERS) TO VACCINATE THEIR INFANTS ACCORDING TO THE NIGERIAN ROUTINE IMMUNIZATION SCHEDULE TO REDUCE VACCINE-PREVENTABLE DEATHS. NEW INCENTIVES DISBURSED 563,905 CASH TRANSFERS TO CAREGIVERS AFTER VERIFYING COMPLETION OF REQUIRED IMMUNIZATIONS AND ENROLLED 171,875 CAREGIVERS AND THEIR INFANTS INTO THE CCTS FOR ROUTINE IMMUNIZATIONS PROGRAM.NOTE: THE $2,225,445 UNDER GRANTS PAID BY YOUR ORGANIZATION IS THE TOTAL OF TRANSFERS FROM NEW INCENTIVES TO ITS FOREIGN-CONTROLLED ENTITY ALL BABIES ARE EQUAL INITIATIVE (ABAE). ABAE DISBURSES GRANTS TO ELIGIBLE PROGRAM PARTICIPANTS ACCORDING TO STRICT ELIGIBILITY CRITERIA AND PROTOCOLS. DETAILED MONITORING IS CARRIED OUT TO ASSESS ADHERENCE TO PROGRAM PROTOCOLS AND CASH TRANSFER DISBURSEMENT POLICIES.IN 2021, NEW INCENTIVES ENROLLED 171,875 INFANTS IN THE CCT PROGRAM WITH 25,027 IMMUNIZATION DAYS, AND ARE NOW OPERATING IN 24 LGAS WITH 977 CLINICS.Desc
Total Program Service Expenses$2,781,134TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryNIForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSVETHA JANUMPALLIPersonNm
Phone4157977639PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1340 S LEMON AVENUE STE 6133AddressLine1Txt
CityWALNUTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
AMANDA GLASSMAN
DIRECTOR0.50Yes (X)$0$0$0
ANNE MARIE FLANAGAN
DIRECTOR AND SECRETARY0.50Yes (X)$0$0$0Yes (X)
MICHAEL THOMAS
DIRECTOR0.50Yes (X)$0$0$0
PATRICK PETER STADLER
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
PRATYUSH AGARWAL
DIRECTOR AND CHIEF OPERATING OFFICER50.00Yes (X)$156,684$0$3,600Yes (X)
SALINA YEUNG
DIRECTOR AND TREASURER2.00Yes (X)$0$0$0Yes (X)
SVETHA JANUMPALLI
DIRECTOR AND CHIEF EXECUTIVE OFFICER50.00Yes (X)$156,684$0$3,600Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$313,368TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,200TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$14,328,559AllOtherContributionsAmt
Total Contributions$14,328,559TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,915TotalRevenueColumnAmt
Exclusion$17,915ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,346,474TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$17,915ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,225,445TotalAmt
Program Services$2,225,445ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$320,568TotalAmt
Program Services$168,298ProgramServicesAmt
Management And General$96,171ManagementAndGeneralAmt
Fundraising$56,099FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$21,668TotalAmt
Management And General$21,668ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$23,908TotalAmt
Program Services$11,682ProgramServicesAmt
Management And General$8,332ManagementAndGeneralAmt
Fundraising$3,894FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,991TotalAmt
Management And General$4,991ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,677TotalAmt
Management And General$42,677ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$354,874TotalAmt
Program Services$333,342ProgramServicesAmt
Management And General$21,532ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,049TotalAmt
Program Services$1,920ProgramServicesAmt
Management And General$5,129ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,652TotalAmt
Management And General$12,652ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,299TotalAmt
Program Services$6,299ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,953TotalAmt
Program Services$5,953ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
RESEARCH$27,950$27,950
MISCELLANEOUS$820$820
ACCESSORIES$245$245

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,055,099TotalAmt
Program Services$2,781,134ProgramServicesAmt
Management And General$213,972ManagementAndGeneralAmt
Fundraising$59,993FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$266,740BOYAmt
EOY$8,383,727EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$806,137BOYAmt
EOY$12,308,527EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,755,927BOYAmt
EOY$8,378,831EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$116,165BOYAmt
EOY$123,467EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$83,985EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,144LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,299LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$13,845EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,944,969BOYAmt
EOY$29,292,382EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$66,949BOYAmt
EOY$97,969EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,330BOYAmt
EOY$37,348EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$79,279BOYAmt
EOY$135,317EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,865,690BOYAmt
EOY$20,654,767EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$8,502,298EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,865,690BOYAmt
EOY$29,157,065EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,944,969BOYAmt
EOY$29,292,382EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$11,291,375ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,802,159CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$275,973CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,395CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,936,954CurrentTaxYearMinus1YearAmt
Current Tax Year$14,328,559CurrentTaxYearAmt
Total$40,362,040TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,802,159CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$275,973CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,395CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,936,954CurrentTaxYearMinus1YearAmt
Current Tax Year$14,328,559CurrentTaxYearAmt
Total$40,362,040TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,090,753SubstantialContributorsTotAmt
Public Support Total170$39,271,287PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$819CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,918CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,104CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$249,990CurrentTaxYearMinus1YearAmt
Current Tax Year$17,915CurrentTaxYearAmt
Total$316,746TotalAmt
FieldValueIRS element (for citing)
Total Support$40,678,786TotalSupportAmt
Public Support CY1700.96540PublicSupportCY170Pct
Public Support PY1700.90590PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,144OtherCostOrOtherBasisAmt
Depreciation$6,299DepreciationAmt
Book Value$13,845BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,845TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CREDIT CARD LIABILITIES$30,906
OTHER LIABILITIES$6,442
FieldValueIRS element (for citing)
Total Liability$37,348TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021 AND 2020. THE ORGANIZATION'S FEDERAL AND STATE INFORMATION RETURNS PRIOR TO 2018 AND 2017, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS, IF APPLICABLE, AS PART OF MANAGEMENT AND GENERAL EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCOUNTS PAYABLE IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICA0426PROGRAM SERVICESIMPLEMENTATION OF CONDITIONAL CASH TRANSFER FOR ROUTINE IMMUNIZATIONS PROGRAM$2,225,445
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,022MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$114,439
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM04MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$6,723
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,021MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$133,073
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,09MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$19,943
NORTH AMERICA01MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$16,463
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees483SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee483TotalEmployeeCnt
Subtotal Spent$2,516,086SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,516,086TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionSUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,RegionTxt
Purpose Of GrantIMPLEMENTATION OF CONDITIONAL CASH TRANSFER FOR ROUTINE IMMUNIZATIONS PROGRAMPurposeOfGrantTxt
Cash Grant$2,225,445CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:NEW INCENTIVES DOES NOT HAVE AN OFFICE IN NIGERIA, INSTEAD IT OPERATES A REMOTE MANAGEMENT STRUCTURE THAT HAS BEEN DESIGNED USING SOPHISTICATED TECHNOLOGY AND MONITORING PROCEDURES AT EVERY STEP. THIS ENABLES THE ORGANIZATION TO MINIMIZE COSTS WHILE MAXIMIZING OVERSIGHT AND ACCOUNTABILITY OF OPERATIONS IN RURAL COMMUNITIES WHERE THE PROGRAM OPERATES. THE ALL BABIES ARE EQUAL INITIATIVE CONTRACTS REGISTERED AGENT OFFICE SERVICES TO RECEIVE OFFICIAL COMMUNICATIONS. NEW INCENTIVES, OPERATES A PROGRAM WHERE LOW-INCOME MOTHERS IN NORTHERN NIGERIA ARE GIVEN CASH TRANSFERS FOR IMMUNIZING THEIR INFANTS. THIS IS KNOWN AS CONDITIONAL CASH TRANSFERS (CCTS). CONDITIONAL CASH TRANSFERS ARE ONE THE MOST EVIDENCEBASED ACTIVITIES IN INTERNATIONAL DEVELOPMENT. NANCY BIRDSALL, FOUNDING PRESIDENT OF THE CENTER FOR GLOBAL DEVELOPMENT, STATED "I THINK CONDITIONAL CASH TRANSFER PROGRAMS ARE AS CLOSE AS YOU CAN COME TO A MAGIC BULLET IN DEVELOPMENT. THEY ARE CREATING AN INCENTIVE FOR FAMILIES TO INVEST IN THEIR OWN CHILDREN'S FUTURES. EVERY DECADE OR SO, WE SEE SOMETHING THAT CAN REALLY MAKE A DIFFERENCE, AND THIS IS ONE OF THOSE THINGS." THROUGH ITS SUBSIDIARY ALL BABIES ARE EQUAL INITIATIVE (ABAE), NEW INCENTIVES OPERATES A CONDITIONAL CASH TRANSFER PROGRAM IN NORTHERN NIGERIA, A REGION WITH ONE OF THE LOWEST IMMUNIZATION RATES WORLDWIDE. THE ORGANIZATION FOCUSES ON KATSINA STATE, ZAMFARA STATE AND JIGAWA STATE WHERE LESS THAN 6% OF INFANTS ARE FULLY VACCINATED (NICS/MICS 2017). MANY PROGRAM RECIPIENTS LIVE BELOW THE POVERTY LINE AND EARN LESS THAN $1 A DAY. VACCINE PREVENTABLE DISEASES ACCOUNT FOR APPROXIMATELY 22% OF CHILD DEATHS IN NIGERIA. THIS MEANS THAT THE DEATH OF OVER 200,000 NIGERIAN CHILDREN COULD HAVE BEEN PREVENTED THROUGH IMMUNIZATIONS. BY PROVIDING CONDITIONAL CASH TRANSFERS TO PARENTS AND INFANTS, NEW INCENTIVES STRIVES TO PROTECT COMMUNITIES AGAINST DEADLY DISEASES AND REDUCE POVERTY WITH A HIGHLY COST EFFECTIVE INTERVENTION.
PART I, LINE 3:NEW INCENTIVES CARRIES OUT IN-DEPTH MONITORING OF ALL GRANTS AND ASSISTANCE PROVIDED TO ALL BABIES ARE EQUAL INITIATIVE. THIS MONITORING CAN BE DIVIDED INTO THREE CATEGORIES: 1) DIRECT CASH TRANSFERS DISTRIBUTED TO ELIGIBLE CAREGIVERS, 2) PROGRAM EXPENSES, AND 3) REMUNERATION. FOR ALL CASH TRANSFERS, NEW INCENTIVES RECEIVES PHOTOS OF THE RECIPIENT AND THEIR RECORDS JUSTIFYING THE DISBURSEMENT AND REVIEWS SAID DOCUMENTATION TO ASSESS FIDELITY TO ORGANIZATION POLICIES; RECEIPTS FOLLOWING DEFINED GUIDELINES ARE REQUIRED FOR ALL PROGRAM EXPENSES; CLEAR DOCUMENTATION OF RECIPIENT, ACCOUNT NUMBER, AND CONTRACT IS REQUIRED FOR ALL REMUNERATION.
PART III ACCOUNTING METHOD:

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PRATYUSH AGARWAL
DIRECTOR AND CHIEF OPERATING OFFICER$156,684$0$0$0$0$0$0$0$3,600$0$160,284$0$0$0
SVETHA JANUMPALLI
DIRECTOR AND CHIEF EXECUTIVE OFFICER$156,684$0$0$0$0$0$0$0$3,600$0$160,284$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION USES THE "FAIR PAY FOR NORTHERN CALIFORNIA NONPROFITS REPORT". THE REPORT PROVIDES A DETAILED SUMMARY OF THE SURVEY RESULTS, WITH SUBCATEGORY FINDINGS GROUPED BY OPERATION SIZE (IN TERMS OF EXPENDITURES, OR NUMBER OF EMPLOYEES, ETC.), JOB FUNCTIONS, STANDARD BENEFIT PRACTICES, INSURANCE, AND OTHER BENEFIT COSTS THAT MAY BE PART OF THE OVERALL COMPENSATION PACKAGE. THE COMPENSATION PACKAGE IS BASED ON THE MEDIAN SALARY RANGE, CORRESPONDING TO THE ANNUAL OPERATING EXPENSES LEVEL. A BOARD MEMBER WILL PROVIDE A PROPOSED COMPENSATION BASED ON THE REPORT NOTED IN THE FAIR PAY FOR NORTHERN CALIFORNIA NONPROFITS REPORT. ALL BOARD MEMBERS, EXCLUDING THE CEO AND COO, WILL VOTE TO APPROVE THIS. AN EXECUTIVE EMPLOYMENT AGREEMENT IS ALSO IN PLACE. THIS AGREEMENT SPECIFIES SALARY FOR THE YEAR SIGNED AND STATES THAT THE EXECUTIVE SALARY WILL BE SUBJECT TO REVIEW, AND ADJUSTMENTS WILL BE MADE BASED UPON THE ORGANIZATION'S NORMAL PERFORMANCE REVIEW PRACTICES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2PRATYUSH AGARWAL AND SVETHA JANUMPALLI HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BBOARD MEMBERS ARE PROVIDED THE OPPORTUNITY TO REVIEW THE ANNUAL RETURN AND PROVIDE COMMENTS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS DISCUSSED AT ANNUAL BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION WAS BASED UPON CURRENT MARKET RATES FOR COMPARABLE WORK. NO OFFICER WAS ABLE TO VOTE ON THEIR OWN SALARY.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT CORPORATE ADDRESS.
FORM 990, PART IX, LINE 11GFREELANCERS: PROGRAM SERVICE EXPENSES 285,506. MANAGEMENT AND GENERAL EXPENSES 20,081. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 305,587. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 47,836. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,836. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,451. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,451.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT PERFORMS THE DUTIES AND ADHERES TO THE GUIDELINES SET FORTH FROM TIME TO TIME BY THE BOARD. THESE DUTIES INCLUDE, BUT ARE NOT LIMITED TO: (1) ASSISTING THE BOARD IN CHOOSING AN INDEPENDENT AUDITOR AND RECOMMENDING TERMINATION OF THE AUDITOR, IF NECESSARY, (2) CONFERRING WITH THE AUDITOR REGARDING THE CORPORATION'S FINANCIAL AFFAIRS, AND (3) REVIEWING AND ACCEPTING OR REJECTING THE AUDIT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ALL BABIES ARE EQUAL INITIATIVEBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1256A IKORODU CRESCENT DOLPHIN ESTAAddressLine1Txt
CityLAGOS STATECityNm
CountryNICountryCd
FieldValueIRS element (for citing)
Primary ActivitiesPROGRAM SERVICESPrimaryActivitiesTxt
Legal Domicile Foreign CountryNILegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NEW INCENTIVESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ALL BABIES ARE EQUAL INITIATIVE
B$2,225,445AMOUNT OF FUNDS PROVIDED TO ABAE
ALL BABIES ARE EQUAL INITIATIVE
L$59,993NI TIME SPENT ON FUNDRAISING
ALL BABIES ARE EQUAL INITIATIVE
N$375,710PROGRAM SERVICE EXPENDITURES
ALL BABIES ARE EQUAL INITIATIVE
O$179,980PROGRAM SERVICE EXPENDITURES
ALL BABIES ARE EQUAL INITIATIVE
P$121,820ABAE EXPENSES PAID BY NI

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