INDO-PACIFIC PARTNERSHIP FOR PROSPERITY INC

EIN: 934537557 501(c)(3)

NEW YORK, NY

Total Revenue
$670,226
Total Expenses
$722,842
Total Assets
$100,222
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
JOHN HOOVER
Phone
6463817860
Tax Period
2025-01-01 to 2025-12-31

INDO-PACIFIC PARTNERSHIP FOR PROSPERITY INC, founded in 2023, is a small nonprofit that reported $670K in total revenue in fiscal year 2025. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

THE INDO-PACIFIC PARTNERSHIP FOR PROSPERITY (IP3) IS DEDICATED TO MOBILIZING CAPITAL AND EXPERTISE TO ACCELERATE GROWTH, UNLOCK OPPORTUNITIES, AND ADVANCE SOLUTIONS TO THE DEFINING ECONOMIC CHALLENGES ACROSS INDO-PACIFIC PARTNERS.AS THE WORLD'S FASTEST-GROWING AND MOST DYNAMIC REGION, THE INDO-PACIFIC IS A VITAL ENGINE OF GLOBAL GROWTH, HOME TO A RAPIDLY EXPANDING MIDDLE CLASS AND MORE THAN HALF OF THE WORLD'S POPULATION.IP3 BRINGS TOGETHER PRIVATE, PUBLIC, AND NON-PROFIT SECTOR LEADERS TO DRIVE MARKET-BASED INITIATIVES THAT STRENGTHEN REGIONAL TIES AND DEEPEN ECONOMIC ENGAGEMENT IN VITAL AREAS INCLUDING INFRASTRUCTURE, ENERGY, CRITICAL TECHNOLOGIES, SUPPLY CHAIN RESILIENCE, AND JOB CREATION. TOGETHER, WE ARE BUILDING A FUTURE WHERE INVESTMENT, INNOVATION, AND COLLABORATION DRIVE SHARED PROSPERITY ACROSS THE INDO-PACIFIC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $670,226
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $670,226

Expense Breakdown

Grants Paid $0
Salaries & Benefits $472,041
Fundraising Expenses $0
Program Expenses $377,067
Other Expenses $250,801
TOTAL EXPENSES $722,842

Year-over-Year Comparison

2025 2024 Change
Revenue $670,226 $865,132 -0.2%
Expenses $722,842 $762,516 -0.1%
Net Income $-52,616 $102,616 -1.5%
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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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
3

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
4
$354,607
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY CHAMBERS CHAIR 5.00
Officer Director
$0 $0 $0
JOHN HOOVER TREASURER 1.00
Officer Director
$0 $0 $0
JACK LESLIE SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID TALBOT EXECUTIVE DIRECTOR THRU DEC 2025 40.00
Officer
$311,682 $42,925 $354,607
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
2025 $670,226 $722,842 $100,222 $-52,616
2024 $865,132 $762,516 $71,132 $102,616
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