Partnership For Economic Policy Inc is located in null. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Economic Policy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Partnership For Economic Policy Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PEP'S CORE MISSION IS TO PROVIDE TRAINING AND SUPPORT TO DEVELOPING COUNTRY RESEARCHERS TO PRODUCE RELIABLE SCIENTIFIC EVIDENCE AND INFORM RELEVANT SCIENTIFIC DEBATES ABOUT ECONOMIC POLICY, POVERTY, GENDER, AND SUSTAINABLE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YEAR 2021 WAS SUCCESSFUL FOR PEP AS WE ROSE TO THE ONGOING CHALLENGES OF THE PANDEMIC. PEP WORKED DILIGENTLY THROUGHOUT THE YEAR TO PROVIDE ESSENTIAL SUPPORT FOR THE RESEARCHERS, PROMOTE EVIDENCE-INFORMED DECISION MAKING, AND BUILD CAPACITY FOR POLICY ANALYSIS IN DEVELOPING COUNTRIES. WE EXPANDED OUR ONLINE ACTIVITIES TO KEEP OUR PROJECT TEAMS, SCIENTIFIC AND POLICY EXPERTS, AND STAFF SAFE WHILE CONTINUING TO CARRY OUT HIGH-QUALITY RESEARCH AND DEMOCRATIZE ACCESS TO KNOWLEDGE AND TRAINING.PEP DIRECTLY ANSWERED THE NEED FOR RAPID YET RIGOROUS EVIDENCE TO INFORM ECONOMIC AND SOCIAL POLICY AS GOVERNMENTS AROUND THE WORLD RESPONDED TO THE PANDEMIC AND ITS EFFECTS. AS PART OF OUR EFFORTS, WE SUPPORTED ELEVEN TEAMS LED BY SENIOR PEP-AFFILIATED RESEARCHERS IN AFRICA, ASIA, AND SOUTH AMERICA. PEP CONTINUES TO PROMOTE SOUTHERN VOICES. AS PART OF OUR HEIGHTENED EFFORTS TO AMPLIFY THE VOICES OF IN-COUNTRY EXPERTS LAST YEAR, WE FOUND EVIDENCE THAT RESEARCHERS IN THE GLOBAL SOUTH REMAIN SEVERELY UNDERREPRESENTED IN THE FIELD OF DEVELOPMENT RESEARCH, DESPITE THE REGION BEING THE FOCUS OF MOST DEVELOPMENT WORK. WE HOSTED POLICY WEBINARS WHERE PEP PROJECT TEAMS SHARED AND COMPARED FINDINGS AND RECOMMENDATIONS FOR BOOSTING WOMEN'S ECONOMIC EMPOWERMENT WITH A BROAD, INTERNATIONAL AUDIENCE. OUR RESEARCH FELLOWS HOSTED TWO SESSIONS OF SEMINARS TO SHARE CUTTING-EDGE RESEARCH AND PRESENT NEW TECHNIQUES, TOOLS AND METHODOLOGIES IN DEVELOPMENT ECONOMICS. WE ALSO LAUNCHED A NEW SERIES OF ONLINE ROUNDTABLE DISCUSSIONS ON LESSONS FOR MORE EFFECTIVE AND INCLUSIVE POLICY RESPONSES TO THE COVID-19 CRISIS IN THE GLOBAL SOUTH. PEP RESEARCHERS' MULTIPLE PUBLICATIONS IN PEER-REVIEWED JOURNALS AND PRESENTATIONS AT INTERNATIONAL (ONLINE) CONFERENCES FURTHER RAISED OUR PROFILE. PEP'S INNOVATION, COMMITMENT TO QUALITY, AND A LOCALLY-FOCUSED PERSPECTIVE HELPED SECURE NEW COLLABORATIONS WITH THE MASTERCARD FOUNDATION, CO-IMPACT, THE WILLIAM AND FLORA HEWLETT FOUNDATION, AND THE INTERNATIONAL DEVELOPMENT RESEARCH CENTRE IN 2021. IN CLOSE COLLABORATION WITH OUR STAKEHOLDERS, WE WILL CONTINUE TO DEVELOP AND BUILD UPON THE HARD WORK OF THIS PAST YEAR IN 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Mariara Executive Director | Officer | 50 | $193,970 |
Philip Ade Senior Finance Officer | Officer | 40 | $35,000 |
Frederick Carden Chairman | OfficerTrustee | 3 | $2,400 |
Carol Newman Treasurer | OfficerTrustee | 3 | $2,000 |
Haroon Bhorat Chair, Finance & Audit Com | OfficerTrustee | 3 | $2,000 |
Go Shimada Director | Trustee | 3 | $1,600 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,518,586 |
All other contributions, gifts, grants, and similar amounts not included above | $620,839 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,139,425 |
Total Program Service Revenue | $58,695 |
Investment income | $154,156 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,352,276 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $917,665 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $290,142 |
Compensation of current officers, directors, key employees. | $290,142 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $355,684 |
Pension plan accruals and contributions | $3,597 |
Other employee benefits | $5,140 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $828,789 |
Advertising and promotion | $0 |
Office expenses | $63,997 |
Information technology | $22,782 |
Royalties | $0 |
Occupancy | $25,188 |
Travel | $7,343 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $23,745 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,668 |
All other expenses | $0 |
Total functional expenses | $2,558,115 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,220,877 |
Savings and temporary cash investments | $1,891,339 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $196,065 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,308,281 |
Accounts payable and accrued expenses | $131,848 |
Grants payable | $0 |
Deferred revenue | $2,625,137 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,756,985 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,551,296 |
Total liabilities and net assets/fund balances | $4,308,281 |
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