NEW INCENTIVES: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NEW INCENTIVES (EIN 45-2368993)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202103169349310175
Schema version
2020v4.1
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)
Return2021-11-12T15:04:18-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Line1400 CAPITOL MALL SUITE 1200AddressLine1Txt
CitySACRAMENTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452368993EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CCTMARKETPLACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCCTMBusinessNameControlTxt
Phone4157977639PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1340 S LEMON AVENUE NO 6133AddressLine1Txt
CityWALNUTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSVETHA JANUMPALLIPersonNm
Person TitleDIRECTOR & CEOPersonTitleTxt
Phone4157977639PhoneNum
Signature2021-11-12SignatureDt

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
Preparation2021-11-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1NEW INCENTIVESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSVETHA JANUMPALLIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1340 S LEMON AVENUE NO 6133AddressLine1Txt
CityWALNUTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$19,186,944GrossReceiptsAmt
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 ASSISTANCE.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,395PYContributionsGrantsAmt
CY Contributions Grants$18,936,954CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$43,104PYInvestmentIncomeAmt
CY Investment Income$249,990CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$61,499PYTotalRevenueAmt
CY Total Revenue$19,186,944CYTotalRevenueAmt
PY Grants And Similar Paid$2,471,707PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,788,843CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$258,902PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$291,827CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$51,886CYTotalFundraisingExpenseAmt
PY Other Expenses$378,338PYOtherExpensesAmt
CY Other Expenses$379,318CYOtherExpensesAmt
PY Total Expenses$3,108,947PYTotalExpensesAmt
CY Total Expenses$2,459,988CYTotalExpensesAmt
PY Revenues Less Expenses-$3,047,448PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$16,726,956CYRevenuesLessExpensesAmt
Total Assets BOY$1,382,628TotalAssetsBOYAmt
Total Assets EOY$17,944,969TotalAssetsEOYAmt
Total Liabilities BOY$12,295TotalLiabilitiesBOYAmt
Total Liabilities EOY$79,279TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,370,333NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,865,690NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OTHE SPECIFIC PURPOSE OF CCTMARKETPLACE 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$2,211,605ExpenseAmt
Grant$1,788,843GrantAmt
Revenue$0RevenueAmt
DescCCTMARKETPLACE, DBA NEW 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 OVER 323,836 CASH TRANSFERS TO CAREGIVERS AFTER VERIFYING COMPLETION OF REQUIRED IMMUNIZATIONS AND ENROLLED OVER 70,710 CAREGIVERS AND THEIR INFANTS INTO THE CCTS FOR ROUTINE IMMUNIZATIONS PROGRAM.NOTE: THE $1,788,843 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 POLICIESDesc
Total Program Service Expenses$2,211,605TotalProgramServiceExpensesAmt
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 Equipment0ReportLandBuildingEquipmentInd
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 Required0ScheduleJRequiredInd
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
Employee2EmployeeCnt
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SVETHA JANUMPALLIBusinessNameLine1Txt
FieldValueIRS element (for citing)
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 (6 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 & SECRETARY0.50Yes (X)$0$0$0Yes (X)
PATRICK PETER STADLER
CHAIR2.00Yes (X)$0$0$0Yes (X)
PRATYUSH AGARWAL
DIRECTOR & COO50.00Yes (X)$132,200$0$3,600Yes (X)
SALINA YEUNG
DIRECTOR AND TREASURER2.00Yes (X)$0$0$0Yes (X)
SVETHA JANUMPALLI
DIRECTOR & CEO50.00Yes (X)$132,200$0$3,600Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$264,400TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,200TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$18,936,954AllOtherContributionsAmt
Total Contributions$18,936,954TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$249,990TotalRevenueColumnAmt
Exclusion$249,990ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,186,944TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$249,990ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,788,843TotalAmt
Program Services$1,788,843ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$271,600TotalAmt
Program Services$142,590ProgramServicesAmt
Management And General$81,480ManagementAndGeneralAmt
Fundraising$47,530FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,227TotalAmt
Program Services$10,619ProgramServicesAmt
Management And General$6,068ManagementAndGeneralAmt
Fundraising$3,540FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,836TotalAmt
Program Services$25ProgramServicesAmt
Management And General$7,811ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$76,944TotalAmt
Management And General$76,944ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$190,000TotalAmt
Program Services$173,762ProgramServicesAmt
Management And General$15,538ManagementAndGeneralAmt
Fundraising$700FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$533TotalAmt
Management And General$533ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,680TotalAmt
Management And General$6,680ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,992TotalAmt
Program Services$9,992ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RESEARCH$52,866$52,866
481(A) ADJUSTMENT$32,702$32,702
BANK/TRANSF/DONATION FE$1,640$206$1,434
ACCESSORIES$116$116

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9TotalAmt
Management And General$9ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,459,988TotalAmt
Program Services$2,211,605ProgramServicesAmt
Management And General$196,497ManagementAndGeneralAmt
Fundraising$51,886FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$376,875BOYAmt
EOY$266,740EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,005,753BOYAmt
EOY$806,137EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$16,755,927EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$116,165EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,382,628BOYAmt
EOY$17,944,969EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$66,949EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,295BOYAmt
EOY$12,330EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,295BOYAmt
EOY$79,279EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,370,333BOYAmt
EOY$17,865,690EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,370,333BOYAmt
EOY$17,865,690EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,382,628BOYAmt
EOY$17,944,969EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$16,726,956ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$231,599OtherChangesInNetAssetsAmt
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$1,148,679CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,802,159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$275,973CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,395CurrentTaxYearMinus1YearAmt
Current Tax Year$18,936,954CurrentTaxYearAmt
Total$27,182,160TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,148,679CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,802,159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$275,973CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,395CurrentTaxYearMinus1YearAmt
Current Tax Year$18,936,954CurrentTaxYearAmt
Total$27,182,160TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,287,248SubstantialContributorsTotAmt
Public Support Total170$24,894,912PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$128CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,104CurrentTaxYearMinus1YearAmt
Current Tax Year$249,990CurrentTaxYearAmt
Total$298,959TotalAmt
FieldValueIRS element (for citing)
Total Support$27,481,119TotalSupportAmt
Public Support CY1700.90590PublicSupportCY170Pct
Public Support PY1700.82130PublicSupportPY170Pct
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

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CREDIT CARD LIABILITIES$9,910
OTHER LIABILITIES$2,420
FieldValueIRS element (for citing)
Total Liability$12,330TotalLiabilityAmt
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, 2020 AND 2019. THE ORGANIZATION'S FEDERAL AND STATE INFORMATION RETURNS PRIOR TO 2017 AND 2016, 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. ALL BABIES ARE EQUAL INITIATIVE IS AN ASSOCIATION WITH INCORPORATED TRUSTEES REGISTERED UNDER NIGERIAN LAW WITH THE CORPORATE AFFAIRS COMMISSION AND IS SUBJECT TO THE LAWS AND REGULATIONS OF NIGERIA.ExplanationTxt

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,00PROGRAM SERVICESIMPLEMENTATION OF CONDITIONAL CASH TRANSFER FOR ROUTINE IMMUNIZATIONS PROGRAM$1,788,843
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,011MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$46,763
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM05MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$3,551
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,013MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$104,341
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,04MONITORINGMONITORING AND EVALUATION FOR CCT PROGRAM$7,774
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees33SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee33TotalEmployeeCnt
Subtotal Spent$1,951,272SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,951,272TotalSpentAmt

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$1,788,843CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
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. CCTMARKETPLACE, DBA 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 O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 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 A, LINE 4CHANGES WERE MADE TO THE ORGANIZATION BYLAWS. REVISIONS WERE FOR THE SAKE OF ADMINISTRATION/CONSISTENCY IN DRAFTING, AS WELL AS THE LENGTH OF TERMS AND ESTABLISHMENT OF THE AUDIT COMMITTEE.
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 XI, LINE 9:SECTION 951A INCLUSION -243,894. 481(A) ADJUSTMENT 32,702. CASH TO ACCRUAL ADJ -20,407.
FORM 990, PART XII, LINE 1:THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM CASH BASIS TO ACCRUAL BASIS.
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 Line1CCTMARKETPLACEBusinessNameLine1Txt
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$1,788,843COST
ALL BABIES ARE EQUAL INITIATIVE
L$51,866COST
ALL BABIES ARE EQUAL INITIATIVE
O$138,810COST
ALL BABIES ARE EQUAL INITIATIVE
N$182,747COST
ALL BABIES ARE EQUAL INITIATIVE
P$68,502COST

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