DEVELOPMENT INITIATIVES POVERTY RESEARCH AMERICA INC

EIN: 300914278 501(c)(3)

Washington, DC

Total Revenue
$944,618
Total Expenses
$542,629
Total Assets
$867,398
Net Assets
$262,085
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
Adrian Lovett
Phone
2028475513
Tax Period
2024-01-01 to 2024-12-31

DEVELOPMENT INITIATIVES POVERTY RESEARCH AMERICA INC, founded in 2015, is a small nonprofit that reported $945K in total revenue in fiscal year 2024. Revenue surged 1159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $402K, a strong 43% operating margin.

Mission

TO WORK CLOSELY WITH PARTNERS TO ENSURE DATA DRIVEN EVIDENCE AND ANALYSIS ARE USED EFFECTIVELY IN POLICY AND PRACTICE TO END POVERTY, REDUCE INEQUALITY AND INCREASE RESILIENCE.

Program Service Accomplishments

Program 1
Expenses: $506,430 Revenue: $944,618

In 2024, we continued to play a pivotal role in advancing data-driven solutions to global challenges. With ongoing geopolitical instability, climate-related disasters, and economic pressures...

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In 2024, we continued to play a pivotal role in advancing data-driven solutions to global challenges. With ongoing geopolitical instability, climate-related disasters, and economic pressures straining international financing systems, our work provided vital evidence and advocacy to drive more effective responses. We contined our focus on development finance, publishing extensive analysis of the disbursement of Official Development Assistance including top recipients and the increasing cost of loans to the least developed countries. We carried out work on gender and data, which highlighted the challenges tracking investment in gender-responsive climate finance. Our work on crisis financing highlighted the disproportionate support for high-profile crises compared to neglected emergencies, reinforcing the need for a more equitable and needs-based approach to funding. Additionally, we tracked how international funding mechanisms are adapting-or failing to adapt-to climate-driven displacement and conflict-induced food insecurity. In Uganda and Nepal, we continued our work with local governments to strengthen their capacity to integrate real-time data into decision-making, improving public service delivery and accountability. We expanded our efforts in Africa, partnering with civil society organizations and local governments to enhance data transparency in budget planning and public expenditures, particularly in sectors critical to poverty reduction. On climate finance, we published analyses on the widening gap between promised and delivered climate funding. We also developed a new monitoring framework to track climate adaptation finance at both national and local levels, helping governments and civil society actors hold international partners accountable for their commitments. Additionally, we published analysis of the flaws in reporting practices in climate finance, using a natural language processing model. In October 2024, Development Initiatives Poverty Research, a UK-based entity linked to DIPRA, ceased operations because of funding challenges. At this point our work scaled back very significantly. In the final period of the year we worked on ensuring an appropriate transition and considering the best focus for the entity going forward.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $944,618
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $944,618

Expense Breakdown

Grants Paid $450,000
Salaries & Benefits $75,240
Fundraising Expenses $18,810
Program Expenses $506,430
Other Expenses $17,389
TOTAL EXPENSES $542,629

Year-over-Year Comparison

2024 2023 Change
Revenue $944,618 $75,001 +11.6%
Expenses $542,629 $248,677 +1.2%
Net Income $401,989 $-173,676 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrian Lovett President 10
Officer Director
$0 $0 $0
Janet Reilly Secretary / Treasurer 5
Officer Director
$0 $0 $0
Susan Wardell Chair of the Board 1
Officer Director
$0 $0 $0
Paul Stuart Director 1
Director
$0 $0 $0
Timothy Takona Director 1
Director
$0 $0 $0
Alex Ezeh Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $944,618 $542,629 $867,398 $401,989
2023 $75,001 $248,677 $1,105,418 $-173,676
2022 $605,908 $1,550,907 $267,483 $-944,999
2021 $1,999,914 $1,535,493 $2,075,203 $464,421
2020 $228,891 $1,506,803 $905,752 $-1,277,912
2019 $2,194,861 $1,002,203 $2,454,199 $1,192,658
2018 $212,516 $811,079 $951,212 $-598,563
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