2016-07-13T14:08:39-05:00 2015-12-31 042596940 TYLER LYNCH PC 186 ALEWIFE BROOK PARKWAY STE 200 CAMBRIDGE MA 021381134 990 2015-01-01 463075530 PIVOT WORKS INC C/O DIVISION OF GLOBAL HEALTH EQUITY PIVO 8597970919 75 FRANCIS STREET BOSTON MA 02115 TARA LOYD CO-CHIEF EXECUTIVE OFFICER 8597970719 2016-07-13 1 JOHN A TYLER P01308083 6173543814 2015 2016-09-27 15:27:22Z TARA LOYD C/O DIVISION OF GLOBAL HEALTH EQUITY 75 FRANCIS ST BOSTON MA 02115 3301922 0 X WWW.PIVOTWORKS.ORG X 2013 MA PIVOT'S MISSION IS BASED ON A FUNDAMENTAL BELIEF IN THE WORTH OF ALL PEOPLE AND A MORAL RESPONSIBILITY TO ADDRESS THE NEEDS OF THE DESTITUTE. THE GOAL IS TO CREATE A MODEL SYSTEM OF UNIVERSAL ACCESS TO QUALITY HEALTH CARE FOR THE RURAL POOR OF MADAGASCAR. 4 2 14 0 0 0 2606376 3152952 0 0 0 -3027 0 1349 2606376 3151274 0 0 0 0 605883 1219687 0 0 0 1060391 1473689 1666274 2693376 940102 457898 1419923 1918704 54188 134686 1365735 1784018 X PIVOT'S MISSION IS BASED ON A FUNDAMENTAL BELIEF IN THE WORTH OF ALL PEOPLE AND A MORAL RESPONSIBILITY TO ADDRESS THE NEEDS OF THE DESTITUTE. THE GOAL IS TO CREATE A MODEL SYSTEM OF UNIVERSAL ACCESS TO QUALITY HEALTH CARE FOR MADAGASCAR VIA COMPREHENSIVE HEALTH SYSTEM STRENGTHENING IN A REGION NEAR RANOMAFANA NATIONAL PARK. PIVOT WILL TAKE A HIGHLY RIGOROUS APPROACH, CAREFULLY MEASURING COSTS AND IMPACTS, ENGAGING IN RELEVANT SCIENTIFIC RESEARCH, AND CONTINUOUSLY EVALUATING THE EFFECTIVENESS OF ITS METHODS. IN DOING SO, PIVOT STRIVES TO FURTHER THE UNDERSTANDING OF HOW TO EFFECTIVELY BREAK CYCLES OF POVERTY AND DISEASE. 0 0 2356154 PIVOT WORKS, INC. HAS A MAJOR PROGRAM WHICH IS THE MADAGASCAR PROGRAM. IN MADAGASCAR, PIVOT COMBINES A MORAL AGENDA OF RIGHTS-BASED HEALTH CARE WITH THE PRACTICAL GOALS OF HEALTH SYSTEM STRENGTHENING (HSS) AT THREE CRITICAL LEVELS OF THE HEALTH SYSTEM: COMMUNITY HEALTH WORKERS, HEALTH CENTERS, AND DISTRICT HOSPITALS. SUBSTANTIAL RESOURCES ARE DEDICATED TO STRENGTHENING AND MAINTAINING ESSENTIAL HEALTH SYSTEM INFRASTRUCTURE, SUCH AS MEDICAL FACILITIES, EQUIPMENT, PERSONNEL, AMBULANCES, AND DISPENSARIES. 70759 THE RESEARCH PROGRAM FOCUSES ON MEASURING THE DISEASE BURDEN IN THE POPULATION OUTSIDE OF THE HEALTH FACILITIES. IN SOME INSTANCES, THE RESEARCH EFFORTS ARE ALSO DIRECTED TO BASIC SCIENCE QUESTIONS THAT HAVE LONG-TERM POTENTIAL TO CONTRIBUTE TO A BASIC UNDERSTANDING OF UNDERLYING CAUSES OF POVERTY AND DISEASE. 2426913 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 14 0 0 1 MA 0 0 0 0 0 0 X 4 2 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X TARA LOYD 8597970919 C/O DIVISION OF GLOBAL HEALTH BOSTON MA 02115 MATTHEW BONDS CO-CHIEF EXECUTIVE OFFICER 20.00 X X 59610 0 0 MICHAEL RICH SENIOR CLINICAL ADVISOR 10.00 X 28256 0 9607 TARA LOYD CO-CHIEF EXECUTIVE OFFICER 32.00 X X 59589 0 20260 JAMES HERRNSTEIN DIRECTOR 5.00 X 0 0 0 ROBIN HERRNSTEIN DIRECTOR 5.00 X 0 0 0 DJORDJE GIKIC COUNTRY DIRECTOR 40.00 X 110000 0 3066 LARA HALL MEDICAL DIRECTOR 40.00 X 54081 0 14065 ROBERT CUNNINGHAM CHIEF DEVELOPMENT DIRECTOR 40.00 X 66851 0 14229 378387 0 61227 1 0 0 0 0 3152952 3152952 4081 4081 143540 150648 -7108 -7108 -7108 MISCELLANEOUS INCOME 900099 1349 1349 1349 3151274 -1678 0 0 439614 307730 131884 622000 604960 17040 158073 113561 44512 60206 42375 17831 14014 11211 2803 87622 77666 9956 139050 129502 9548 5104 5104 98234 97019 1215 154595 135930 18665 20003 15616 4387 134714 134714 5517 4414 1103 VEHICLE PURCHASE, REPAI 167604 167604 MEDICAL EXPENSE 146804 146804 SUPPLIES AND MATERIALS 141100 141100 PAYROLL TAX 88962 83973 4989 210160 207630 2530 2693376 2426913 266463 0 1016525 1545520 11186 9568 10000 70017 441338 219613 326722 221725 55490 71874 1419923 1918704 9980 8954 44208 125732 54188 134686 X 1365735 1784018 1365735 1784018 1419923 1918704 X 457898 -39615 X X 0 1 X 0 0 X 471200 2606376 3152952 6230528 471200 2606376 3152952 6230528 0 0 0 6230528 5430 5430 5430 5430 471200 2606376 3158382 6235958 0.99910 1.00000 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 417939 213729 204210 23399 5884 17515 221725 CREDIT CARD PAYABLE 26869 EXPENSE RESERVE 83498 PAYROLL LIABILITIES 15365 125732 X PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2015, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MADAGASCAR 4 112 MADAGASCAR PROGRAM SERVICE AND RESEARCH PROGRAM. PIVOT COMBINES A MORAL AGENDA OF RIGHTS-BASED HEALTH CARE WITH THE PRACTICAL GOALS OF HEALTH SYSTEM STRENGTHENING (HSS) AT THREE CRITICAL LEVELS OF THE HEALTH SYSTEM: COMMUNITY HEALTH WORKERS, HEALTH CENTERS, AND DISTRICT HOSPITALS. SUBSTANTIAL RESOURCES ARE DEDICATED TO STRENGTHENING AND MAINTAINING ESSENTIAL HEALTH SYSTEM INFRASTRUCTURE, SUCH AS MEDICAL FACILITIES, EQUIPMENT, PERSONNEL, AMBULANCES, AND DISPENSARIES.BASELINE IS A RESEARCH PROGRAM THAT FOCUSES ON MEASURING THE DISEASE BURDEN IN THE POPULATION OUTSIDE OF THE HEALTH FACILITIES. IN SOME INSTANCES, THE RESEARCH EFFORTS ARE ALSO DIRECTED TO BASIC SCIENCE QUESTIONS THAT HAVE LONG-TERM POTENTIAL TO CONTRIBUTE TO A BASIC UNDERSTANDING OF UNDERLYING CAUSES OF POVERTY AND DISEASE. 2426913 4 112 0 0 4 112 2426913 0 2426913 0 0 0 0 0 0 X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 X 1899 150648 FMV AT TRANSFER 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JAMES HERRNSTEIN (DIRECTOR) AND ROBIN HERRNSTEIN (DIRECTOR) ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THE STAFF 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 BOARD MEETING FOR DISCUSSION. ANY NECESSARY ACTIONS ILLUSTRATED ON THE CONFLICT OF INTEREST POLICY OF PIVOT WORK INC. WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 PIVOT WORKS INC. DEVELOPED ITS COMPENSATION SCALE VIA RESOURCES PROVIDED BY THIRD PARTY HR SERVICE COMPANY, AS WELL AS DISCUSSION AMONG ITS GOVERNING BOARD MEMBERS. CEO, OFFICERS AND EMPLOYEES WERE PAID BASED ON THEIR EXPERIENCE AND EDUCATION QUALIFICATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS OF PIVOT WORKS, INC. ARE AVAILABLE TO THE PUBLIC THROUGH THE MASSACHUSETTS SECRETARY OF STATE'S OFFICE AND THE CHARITIES DIVISION OF THE ATTORNEY GENERAL OF MASSACHUSETTS. THE CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NON-OPERATING GAIN ON FOREIGN CURRENCY EXCHANGE -39,615. FORM 990, PART XII, LINE 2C: THE GOVERNING BOARD OF PIVOT WORKS, INC. ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HASN'T CHANGED FROM THE PRIOR YEAR.