nonprofit logo

New Incentives

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452368993 ✦ Covina, CA ✦ Designated as a 501(c)(3)

Overview

What is New Incentives?

New Incentives is a forward-thinking nonprofit organization dedicated to saving lives through evidence-based programming. They prioritize caregivers and infants, emphasizing accountability, integrity, and a pursuit of excellence. New Incentives' mission involves providing cash incentives to increase childhood vaccination rates, which has proved effective in reducing vaccine-preventable deaths. In Nigeria, through their Nigeria-based initiative, All Babies Are Equal Initiative (ABAE), they disbursed over 2 million cash transfers to caregivers upon completion of required immunizations, while enrolling 630,000+ caregivers and their infants into their program. Operating in 96 Local Government Areas (LGAs) with 3,392 clinics, New Incentives' work in 2022 enrolled 630,219 infants and facilitated 114,553 immunization days.


Official website here: www.newincentives.org

Is New Incentives legitimate?

New Incentives is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Incentives submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $521,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,777

For more financial information, click here


Official website here: www.newincentives.org

What is the mission statement of New Incentives?

New Incentives is a mission-driven organization that aims to save lives effectively by implementing evidence-based programming. They prioritize the well-being of caregivers and infants above all else. Accountability is a core value, with a commitment to transparency and rigorous tracking and verification in all their initiatives. Integrity is non-negotiable, with a strict policy against dishonesty and a focus on moral courage. The pursuit of excellence drives their work, relying on science, evidence, and data to design and implement programs, and continually assessing and refining their approaches through feedback loops.


Official website here: www.newincentives.org

Who is the CEO of New Incentives?

Svetha Janumpalli is the Director Thru July 19, 2022 of New Incentives.


Official website here: www.newincentives.org

What is the revenue of New Incentives?

New Incentives's revenue in 2022 was $80,025,957.


Official website here: www.newincentives.org

Who are the executives of New Incentives and what are their salaries?

The average compensation at New Incentives during 2022 was $136,844. There are 4 employees at New Incentives.

Here are 7 key members and their salaries:

    Pratyush Agarwal (Director And Chief Operati)
  • Compensation: $257,200
  • Related: $0
  • Other: $3,600

    • Svetha Janumpalli (Director And Chief Executi)
  • Compensation: $257,200
  • Related: $0
  • Other: $3,600

    • Amanda Glassman (Director Thru July 19, 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Marie Flanagan (Director And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Peter Stadler (Director And Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salina Yeung (Director And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newincentives.org

    Where can I find the form 990 for New Incentives?

    The New Incentives’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newincentives.org

    Learn more at the official website: www.newincentives.org

    Mission Statement of New Incentives

    New Incentives, a mission-driven organization, strives to save lives in the most effective way possible by implementing evidence-based programming. They focus on increasing childhood vaccination rates through cash incentives. The team at New Incentives prioritizes the well-being of caregivers and children above all else, demonstrating their commitment to this cause.

    New Incentives operates under core values that emphasize accountability, integrity, and the pursuit of excellence. The team is dedicated to transparency and scrutiny, implementing tracking and verification in all aspects of their work. They promote critical thinking and professional skepticism, ensuring that their efforts are guided by meritocracy and impartiality.

    The organization is driven by a strong belief in the power of science, evidence, and data. They design and implement programs with rigorous testing, iteration, and a commitment to feedback loops. New Incentives stands on the moral courage of each team member, as they work together to make a positive impact on the lives of children and their caregivers.

    Impact

    This information is meant to be a general summary of New Incentives. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Incentives has had a significant impact on increasing childhood vaccination rates in Nigeria through its cash incentive program. The organization has enrolled over 630,000 caregivers and their infants into the program, leading to the disbursement of over 2 million cash transfers for completing required immunizations. Operating in 96 local government areas with thousands of clinics, New Incentives has successfully incentivized caregivers to vaccinate their infants, ultimately working to reduce vaccine-preventable deaths in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $676,486
  • Program Service Revenue: $0
  • Gross Receipts: $80,025,957

    • Assets and Liabilities:
  • Total Assets: $98,742,689
  • Total Liabilities: $363,250
  • Net Assets: $98,379,439
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Svetha Janumpalli

    Main Address

    440 N BARRANCA AVE UNIT 6133, COVINA, CA, 917231722

    NTEE Category

    Code: Q33 - International

    If you are a representative of New Incentives and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.