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International : Development and Relief Services

Millennium Promise

Committed to the eradication of extreme poverty, hunger, and preventable disease.

two stars

78.97

475 Riverside Drive Suite 1040
New York, NY 10115
tel: (212) 870-2490   Web Site
EIN: 20-3042135

Board Leadership
Jeffrey Sachs
Chair of the Board

  Score
(out of 100)
Rating
Overall Score & Rating 78.97 two stars
  Financial 80.00 three stars
  Accountability & Transparency 78.00 two stars
This rating was published 08/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Our mission is to provide the operational platform and resource mobilization for the Millennium Villages Project (MVP) , which empowers communities to lift themselves out of extreme poverty.
At Millennium Promise, our vision is the eradication of extreme poverty, hunger, and preventable disease within our lifetime.
We believe that extreme poverty can be cut in half by 2015, even in some of the poorest, most remote places in the world. Through the MVP we are showing how, using a holistic, science-based approach to benefit more than 500,000 people across sub-Saharan Africa. The MVP offers an innovative holistic approach to sustainable rural development. As a partnership initiative, the Project is driven by core science and policy leadership of the Earth Institute, Columbia University, alongside Millennium Promise's operational leadership.

Millennium Promise operates Millennium Village sites in 10 countries.

Our mission is to provide the operational platform and resource mobilization for the Millennium Villages Project (MVP) , which empowers communities to lift themselves out of extreme poverty.
At Millennium Promise, our vision is the eradication of extreme poverty, hunger, and preventable disease within our lifetime.
We believe that extreme poverty can be cut in half by 2015, even in some of the poorest, most remote places in the world. Through the MVP we are showing how, using a holistic, science-based approach to benefit more than 500,000 people across sub-Saharan Africa. The MVP offers an innovative holistic approach to sustainable rural development. As a partnership initiative, the Project is driven by core science and policy leadership of the Earth Institute, Columbia University, alongside Millennium Promise's operational leadership.

Millennium Promise operates Millennium Village sites in 10 countries.

Impact Information

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Financial

three stars

80.00

Accountability & Transparency

two stars

78.00

This rating was published 08/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.9%
  Administrative Expenses 8.8%
  Fundraising Expenses 1.2%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.09
  Program Expenses Growth -29.7%
  Liabilities to Assets 26.5%
All data for Financial Performance Metrics calculations was provided by Millennium Promise on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Millennium Promise on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Millennium Promise (NY) 78.97 two stars
PATH (WA) 89.08 three stars
United Methodist Committee on Relief (GA) 89.86 three stars
Global Communities (MD) 87.20 three stars
Episcopal Relief & Development (NY) 91.01 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,176,837
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,255,006
Total Contributions $4,431,843
   Program Service Revenue $0
Total Primary Revenue $4,431,843
   Other Revenue $82,602
TOTAL REVENUE $4,514,445
   
EXPENSES  
   Program Expenses $8,404,149
   Administrative Expenses $1,483,132
   Fundraising Expenses $135,129
TOTAL FUNCTIONAL EXPENSES $10,022,410
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,507,965
   
Net Assets $1,594,351

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 08/01/2019 78.97 two stars
2016-12 05/01/2018 77.83 two stars
2015-12 05/01/2017 80.73 three stars
2014-12 06/01/2016 78.97 two stars
 
CN 2.0
2014-12 04/01/2016 80.87 three stars
2013-12 07/01/2015 81.45 three stars
2012-12 02/01/2014 87.76 three stars
2011-12 04/01/2013 79.82 two stars
2010-12 06/01/2012 77.59 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-3042135
Name in IRS Master File MILLENNIUM PROMISE ALLIANCE INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
None reported -- Amadou Niang Chief Executive Officer
Other Salaries of Note
$113,834 1.13% David Webber Director of Finance
$111,474 1.11% William Chu Controller

Highly Rated

Charity Name & State Overall Score Overall Rating
Millennium Promise (NY) 78.97 two stars
ADRA International (MD) 88.57 three stars
World Education (MA) 87.25 three stars
Doctors Without Borders, USA (NY) 94.74 four stars
Pathfinder International (MA) 90.91 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Millennium Promise
475 Riverside Drive
Suite 1040
New York, NY 10115
tel: (212) 870-2490
EIN: 20-3042135

Visit Web Site

Board Leadership

Jeffrey Sachs
Chair of the Board

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