Public Charity

NEW INCENTIVES

Based in COVINA, CA, NEW INCENTIVES operates as a Public Charity. The organization reported $10.3M in revenue, $25.8M in expenses, $89.7M in total assets for fiscal year 2024. Imperigo tracks 69 reported grant relationships connected to this organization totaling approximately $104.8M.

EIN: 452368993 COVINA, CA International Relief NTEE: Q33 Latest filing: 2024
Total Revenue$10.3M
Total Expenses$25.8M
Total Assets$89.7M
Grant Records69
Funding Total$104.8M
Filing Years2019–2024

Mission

SEE SCHEDULE ONEW INCENTIVES IMPLEMENTS EVIDENCE-BASED PROGRAMMING TO SAVE LIVES IN A MANNER THAT DOES THE MOST GOOD PER DOLLAR. WE PROVIDE CASH INCENTIVES TO INCREASE CHILDHOOD VACCINATION RATES.CORE VALUESCAREGIVERS FIRSTINFANTS AND THEIR CAREGIVERS ARE OUR TOP PRIORITY.ACCOUNTABILITYWE VALUE TRANSPARENCY AND SCRUTINY. WE INCORPORATE TRACKING AND VERIFICATION IN ALL OF OUR WORK, AND PROMOTE CRITICAL THINKING AND PROFESSIONAL SKEPTICISM.INTEGRITYWE HAVE ZERO TOLERANCE FOR DISHONESTY. WE ARE GUIDED BY THE PRINCIPLES OF INCORRUPTIBILITY, MERITOCRACY, AND IMPARTIALITY. WE STAND UPON THE MORAL COURAGE OF EACH TEAM MEMBER.PURSUIT OF EXCELLENCEWE BELIEVE IN PURSUING EXCELLENCE BY USING SCIENCE, EVIDENCE, AND DATA TO DRIVE PROGRAM DESIGN AND IMPLEMENTATION. WE MEASURE, TEST AND ITERATE, AND VALUE FEEDBACK LOOPS.

Where $100 goes at New Incentives

How New Incentives divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$5 Management running the organization
$1 Fundraising raising the next dollar

Inside the $94 for programs

$94
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…
All program spending · Reported in the filing: 6,477 clinics
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SR. COMM. & DEV. ASSOCIATE Elizabeth Hixson
DIRECTOR (AS OF 09/2024) Jeffrey Leniger
DIRECTOR AND SECRETARY Michael Thomas
DIRECTOR AND BOARD CHAIR Patrick Peter Stadler
DIRECTOR AND CHIEF OPERATING OFFICER Pratyush Agarwal
DIRECTOR AND TREASURER Salina Yeung

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$81,648,036 46 grants
International Aid & Development
$19,990,238 7 grants
Human & Social Services
$2,095,046 6 grants
Health & Medicine
$783,565 5 grants
Unspecified
$317,038 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $10.3M $25.8M $89.7M
2023 $26.5M $22.4M $103.5M
2022 $80.0M $10.0M $98.7M
2020 $19.2M $2.5M $17.9M
2019 $61K $3.1M $1.4M

Between 2019 and 2024, reported annual revenue grew from $61K to $10.3M (+16641%), with total assets most recently reported at $89.7M.

Interactive year-over-year charts and full filing details available with membership.

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