Overview
What is Instiglio Inc?
Instiglio Inc, situated in Miami, Florida, serves as a facilitator for results-based financing (RBF) in developing countries. Their mission is to empower leaders across sectors to enhance the effectiveness of social programs by linking funding to outcomes. They provide technical assistance in structuring various RBF components, such as feasibility studies, intervention analysis, outcome metrics, verification systems, financial models, contract structure, capital raise, and impact evaluation. Additionally, Instiglio assists partners during contract negotiations, management, and project implementation. Their approach to performance management involves helping service providers upgrade their systems, vet theories of change, identify intermediate indicators, and create real-time monitoring dashboards. This emphasis on performance management and results-driven financing is vital for participating and succeeding in RBF initiatives.
Official website here: www.instiglio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Instiglio Inc has achieved a strong Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, where it scored an impressive 92%. This score reflects the organization's commitment to transparency and effective management of its financial resources.
The nonprofit exhibits several organizational strengths, highlighted by its 75% independent board members and a robust audit and oversight committee. It has a strong program expense ratio of 93.70%, demonstrating that a significant portion of its resources is directed towards its mission-driven activities. Additionally, the presence of policies such as conflict of interest and whistleblower protections further enhance its accountability framework.
While the data presents a positive picture of Instiglio Inc's financial practices, no specific limitations or concerns are noted in the evaluation. Overall, the organization appears to be well-managed, with effective governance practices in place to support its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Instiglio Inc?
92% of 6 reviewers on Facebook recommend Instiglio Inc. Here is a summary of their reviews:
Supporters express strong confidence in Instiglio’s commitment to ensuring donations are utilized efficiently for projects aimed at enhancing the lives of individuals in developing countries. Many appreciate the transparency and accountability that the organization provides, which reinforces their trust in Instiglio's methods.
The overarching sentiment reflects satisfaction with the organization's dedication to impactful initiatives. Donors feel reassured that their contributions make a tangible difference in the communities served. Overall, the organization is seen as delivering on its promises and maintaining a positive reputation in the nonprofit sector.
This AI summary has been generated from reviews found on Facebook.
Is Instiglio Inc legitimate?
Instiglio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Instiglio Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.instiglio.org
What is the mission statement of Instiglio Inc?
Instiglio Inc's mission is centered around empowering leaders in the social, public, and private sectors to enhance the effectiveness of social programs in developing countries. They achieve this by linking funding to results through a results-based financing model. This model involves providing technical assistance to structure various features relevant to Results-Based Financing, such as feasibility studies, intervention analysis, and outcome metrics. Instiglio also assists during the negotiation process, contract management, and project implementation. Additionally, they help service providers improve their performance management systems, vetting the theory of change, identifying intermediate indicators, and creating a real-time monitoring dashboard to influence outcomes.
Official website here: www.instiglio.org
Who is the CEO of Instiglio Inc?
Avnish Gungadurdoss is the Board Member/Ceo of Instiglio Inc. The CEO's salary of Instiglio Inc is $0 and their total compensation is $84,211.
Official website here: www.instiglio.org
What is the revenue of Instiglio Inc?
Instiglio Inc's revenue in 2022 was $5,716,140.
Official website here: www.instiglio.org
Who are the executives of Instiglio Inc and what are their salaries?
There 4 volunteers at Instiglio Inc.
Here are 5 key members and their salaries (Instiglio Inc's CEO's salary is $0 and their total compensation is $84,211):
- Compensation: $0
- Related: $84,211
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $46,665
- Other: $0
Official website here: www.instiglio.org
Where can I find the form 990 for Instiglio Inc?
Instiglio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.instiglio.org
Learn more at the official website: www.instiglio.org
Mission Statement of Instiglio Inc
Instiglio Inc, a nonprofit organization, is committed to empowering leaders in the social, public, and private sectors to enhance the impact of social programs in developing countries. They accomplish this by tying funding to results, a concept known as Results-Based Financing (RBF). Instiglio provides technical assistance to design various features of RBF, including feasibility studies, intervention analysis, outcome metrics, verification systems, financial models, contract structures, capital raise, and impact evaluation. They support their partners throughout the negotiation process, contract management, and project implementation.
Beyond just RBF design, Instiglio also helps service providers develop or upgrade their performance management systems. They collaborate to vet the theory of change, identify intermediate indicators, and establish a dashboard to monitor and influence outcomes in real time. This performance management system and culture are crucial steps towards participating and succeeding in RBF. In essence, Instiglio Inc aims to improve the effectiveness of social programs in developing countries by leveraging financial incentives tied to results.
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Impact
July, 2024
Instiglio Inc's impact lies in empowering leaders in the social, public, and private sectors to enhance the effectiveness of social programs in developing countries by linking funding to results. Through their results-based financing model design, Instiglio provides technical assistance in structuring various features relevant to RBF, such as feasibility studies, intervention analysis, outcome metrics, verification systems, financial models, contract structures, capital raising, and impact evaluation. They also assist partners in negotiation processes, contract management, and project implementation. Additionally, Instiglio supports service providers in developing or enhancing their performance management systems, vetting theories of change, identifying indicators, and establishing dashboards for real-time outcome monitoring. By fostering this system and culture, Instiglio aids in the successful participation in results-based financing, ultimately contributing to positive social outcomes in developing regions.
This information is meant to be a general summary of Instiglio Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,948
- Program Service Revenue: $4,029,192
- Gross Receipts: $5,716,140
Assets and Liabilities:
- Total Assets: $3,222,096
- Total Liabilities: $93,897
- Net Assets: $3,128,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVISORY FEES
Revenue
$4,029,192
Organization Details
Founding Year
2012
Phone
(813) 670-2320Principal Officer
Avnish Gungadurdoss
Main Address
1880 BRICKELL AVENUE, MIAMI, FL, 33129
Website
www.instiglio.orgNTEE Category
Code: Q32 - International
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