International Partnership for Microbicides INC

Silver Spring, MDUnknown exempt organizationSince 2002 EIN 01-0741733Revenue $10.0M in FY2022Latest return filed Feb 1, 2023

On file with the IRSipmglobal.orgSilver Spring, MD

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To develop HIV prevention products and other sexual and reproductive health technologies for women, and to make them available and accessible where they are urgently needed.

62¢ of each $1 spent went to programs.
Run by 13 volunteers and 35 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $1.0M a year · 6% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.4M
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.0M
-51% vs prior year
Spent
$12.8M
To programs
62%
Net assets
$0
By yearFY2020–FY2022
Revenue
$10.0M
FY2022▼ -51%
Tap a bar for its year
Revenue by fiscal year
FY2020$20.2M
FY2021$20.2M
FY2022$10.0M
Expenses
$12.8M
FY2022▼ -36%
Tap a bar for its year
Expenses by fiscal year
FY2020$20.8M
FY2021$19.9M
FY2022$12.8M
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.6M
FY2021$11.8M
FY2022$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $7.9M Management & general 38% · $4.8M Fundraising 0% · $47K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $3.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
Founder & CEO - Until 12/2022
$810,001Pt VII · Sec A
Financial Officer - Until 12/2022
$511,891Pt VII · Sec A
Human Resources - Until 12/2022
$427,358Pt VII · Sec A
Regulatory Affairs - Until 06/2022
$413,065Pt VII · Sec A
Development - Until 09/2022
$340,064Pt VII · Sec A
VP, Communications - Until 06/2022
$272,045Pt VII · Sec A
Preclinical Sci. - Until 09/2022
$231,920Pt VII · Sec A
Chem. & Anal. Sci. - Til 06/2022
$220,246Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2021FY2020
Zeda Rosenberg$810,001—$522,944
Zeda Rosenburg—$517,811—
Kathleen Flynn EVP Chief$511,891——
Michael Goldrich—$129,902$482,713
Liza Folstein VP$427,358——
Patricia Mayer-Brennan EVP$413,065——
Brid Devlin—$406,786$410,983
Patricia Mayer-Brennan—$389,040$402,585

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See International Partnership for Microbicides INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and provides women's HIV prevention and reproductive health technologies globally.

Questions for International Partnership for Microbicides INC

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3 programs · $7.6M · in their own filed words · FY2022
01

The product development (PD) division led non-clinical, formulation, manufacturing, chemistry manufacturing and controls (CMC), analytical, and material planning and supply activities for ipm's products.

$4.5Mprogram expense
02

The regulatory affairs team oversaw the monthly DVR regulatory process, providing leadership in dossier preparation, filings and post-approval maintenance in europe, the united states, south africa and other target african countries, where preparations are ongoing for DVR market introduction.

$1.9Mprogram expense
03

Program Support & Access

In 2022, ipm continued to build awareness globally about microbicides and create a favorable environment in support of microbicide product development and introduction. This is achieved by informing, educating, and building support for ipm's work through communication materials, advocacy and direct stakeholder engagement.

$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$30K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2021 · $4.5M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Family Health International$4.5M

The auditor reported no findings.

Year ending Dec 2020 · $7.9M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct$7.9M

The auditor reported 1 finding: a weakness in money controls.

Year ending Dec 2019 · $8.7M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct$8.7M

The auditor reported no findings.

Year ending Dec 2018 · $8.9M federal money spent
Dapivirine Ring Licensure ProgramU.S. Agency for International Development · ALN 98.001 · Direct$8.9M

The auditor reported 1 finding: a weakness in money controls.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$10.0M
Ln 12
Gifts and grantsLn 1h$9.9M
Investment incomeLn 3$27K
Other incomeLn 4–11$19K
Money outPt IX
$12.8M
Ln 25
Programscol B$7.9M
Managementcol C$4.8M
Fundraisingcol D$47K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
18
listed · VII A
PaidVII A9
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.9M
Government grantsLn 1e$9.9M
Investment incomeLn 3$27K
Other incomeLn 4–11$19K
Total revenueLn 12$10.0M
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 535
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$11.6M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$923K$0
Total assetsLn 16$16.2M$0
LiabilitiesLn 26$4.4M$0
Net assetsLn 32$11.8M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3.2M$1.9M$1.3M
Other salaries and wagesLn 7$2.6M$1.3M$1.2M
Pension plan contributionsLn 8$353K$234K$119K
Other employee benefitsLn 9$477K$292K$185K
Payroll taxesLn 10$311K$197K$114K
Legal feesLn 11b$402K$198K$202K$2K
Accounting feesLn 11c$206K$206K
Office expensesLn 13$911K$740K$170K$234
OccupancyLn 16$353K$263K$90K
TravelLn 17$31K$27K$4K
Conferences, conventions and meetingsLn 19$11K$5K$6K
Depreciation, depletion and amortizationLn 22$135K$34K$101K
InsuranceLn 23$495K$123K$372K
Other expenses (24a–d)Ln 24$3.4M$2.6M$690K$45K
Total functional expensesLn 25$12.8M$7.9M$4.8M$47K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Feb 1, 2023 $10.0M$12.8M−$2.8M$0 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $20.2M$19.9M$319K$11.8M 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $20.2M$20.8M−$587K$11.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $9,961,492 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $20,007,666$9,915,456
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $23,382$26,769
I-11 Other revenuePrior year $189,575$19,267
I-12 Total revenuePrior year $20,220,623$9,961,492
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,567,703$6,881,424
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,333,754$5,921,920
I-18 Total expensesPrior year $19,901,457$12,803,344
I-19 Revenue less expensesPrior year $319,166−$2,841,852
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,961,492 across 6 lines filed
VIII-1e Government grants$9,875,555
VIII-1f All other contributions, gifts and grants$39,901
VIII-1h Total contributions, gifts and grants$9,915,456
VIII-3 Investment incomeExcluded from tax $26,769$26,769
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $19,267$19,267
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $46,036$9,961,492
Part IX · Statement of functional expenses $12,803,344 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,853,113 · Management $1,331,311$3,184,424
IX-7 Other salaries and wagesPrograms $1,317,260 · Management $1,238,253$2,555,513
IX-8 Pension plan contributionsPrograms $233,956 · Management $119,118$353,074
IX-9 Other employee benefitsPrograms $292,131 · Management $185,301$477,432
IX-10 Payroll taxesPrograms $196,663 · Management $114,318$310,981
IX-11b Legal feesPrograms $198,433 · Management $201,828 · Fundraising $1,535$401,796
IX-11c Accounting feesManagement $205,598$205,598
IX-13 Office expensesPrograms $740,303 · Management $170,300 · Fundraising $234$910,837
IX-16 OccupancyPrograms $263,256 · Management $90,127$353,383
IX-17 TravelPrograms $26,591 · Management $4,436$31,027
IX-19 Conferences, conventions and meetingsPrograms $5,321 · Management $5,658$10,979
IX-22 Depreciation, depletion and amortizationPrograms $33,988 · Management $101,422$135,410
IX-23 InsurancePrograms $123,177 · Management $371,822$494,999
IX-24 Other expenses (24a–d)Programs $2,642,832 · Management $690,059 · Fundraising $45,000$3,377,891
IX-25 Total functional expensesPrograms $7,927,024 · Management $4,829,551 · Fundraising $46,769$12,803,344
Part X · Balance sheet $0 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $11,255,745$0
X-2 Savings and temporary cash investmentsStart of year $363,262$0
X-3 Pledges and grants receivableStart of year $1,906,142$0
X-4 Accounts receivableStart of year $531,162$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or useStart of year $721,130$0
X-9 Prepaid expenses and deferred chargesStart of year $513,564$0
X-10c Land, buildings and equipment, netStart of year $923,074$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $16,214,079$0
X-17 Accounts payable and accrued expensesStart of year $2,854,197$0
X-19 Deferred revenueStart of year $1,126,246$0
X-25 Other liabilitiesStart of year $404,669$0
X-26 Total liabilitiesStart of year $4,385,112$0
X-27 Net assets without donor restrictionsStart of year $11,828,967$0
X-32 Total net assets or fund balancesStart of year $11,828,967$0
X-33 Total liabilities and net assetsStart of year $16,214,079$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$9,961,492
XI-2 Total expenses$12,803,344
XI-3 Revenue less expenses−$2,841,852
XI-4 Net assets at start of year$11,828,967
XI-9 Other changes in net assets−$8,987,115
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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