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Nonprofiteer
← ASHOKA

Form 990 for tax year 2024

Filed by ASHOKA.

Totals

Total revenue
$35,143,033
Total expenses
$42,606,216
Contributions and grants received
$30,155,340
Grants paid
$4,483,633
Program service revenue
$2,317,086
Investment income
$2,339,131
Other revenue
$331,476
Total assets, end of year
$90,251,320
Total liabilities, end of year
$20,010,141
Net assets or fund balances, end of year
$70,241,179
Program services expenses (Part IX)
$34,333,339
Management and general expenses
$5,732,128
Fundraising expenses
$2,540,749
Program service expenses (Part III)
$34,333,339

Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $30,155,340

  • 1g · Noncash contributions included above

    $12,384

  • 2a · Program service revenue: FEE FOR SERVICE

    total $2,276,330 · related or exempt $2,276,330

  • 2b · Program service revenue: ASHOKA U PROGRAM

    total $40,756 · related or exempt $40,756

  • 3 · Investment income

    total $2,377,089 · excluded $2,377,089

  • 5 · Royalties

    total $158,122 · excluded $158,122

  • 7b · Less cost or other basis and sales expenses

    securities $37,958

  • 7c · Gain or loss

    securities -$37,958

  • 7d · Net gain or loss

    total -$37,958 · excluded -$37,958

  • 11a · Other revenue: OTHER REVENUE

    total $173,354 · excluded $173,354

  • 11e · Other revenue, total

    $173,354

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $821,357 · program services $821,357

  • 2 · Grants to domestic individuals

    total $700,500 · program services $700,500

  • 3 · Grants to foreign organizations and individuals

    total $2,961,776 · program services $2,961,776

  • 5 · Compensation of officers, directors and key employees

    total $1,477,437 · program services $959,429 · management and general $321,923 · fundraising $196,085

  • 7 · Other salaries and wages

    total $18,767,338 · program services $16,060,286 · management and general $1,277,725 · fundraising $1,429,327

  • 9 · Other employee benefits

    total $1,528,860 · program services $1,207,448 · management and general $256,140 · fundraising $65,272

  • 10 · Payroll taxes

    total $3,097,209 · program services $1,991,005 · management and general $902,816 · fundraising $203,388

  • 11b · Fees: legal

    total $86,805 · program services $23,673 · management and general $40,675 · fundraising $22,457

  • 11c · Fees: accounting

    total $650,353 · program services $467,097 · management and general $179,320 · fundraising $3,936

  • 11g · Fees: other

    total $6,455,485 · program services $5,256,776 · management and general $1,073,794 · fundraising $124,915

  • 12 · Advertising and promotion

    total $76,109 · program services $68,117 · management and general $7,992

  • 13 · Office expenses

    total $633,166 · program services $162,354 · management and general $103,837 · fundraising $366,975

  • 14 · Information technology

    total $406,898 · program services $388,239 · management and general $17,689 · fundraising $970

  • 16 · Occupancy

    total $1,169,369 · program services $669,110 · management and general $496,738 · fundraising $3,521

  • 17 · Travel

    total $1,298,739 · program services $1,069,378 · management and general $154,285 · fundraising $75,076

  • 19 · Conferences, conventions and meetings

    total $838,397 · program services $662,253 · management and general $138,360 · fundraising $37,784

  • 20 · Interest

    total $294,981 · program services $287,417 · management and general $7,550 · fundraising $14

  • 22 · Depreciation, depletion and amortization

    total $185,143 · program services $2,143 · management and general $182,349 · fundraising $651

  • 23 · Insurance

    total $220,985 · program services $145,481 · management and general $74,123 · fundraising $1,381

  • 24a · Other expenses: DUES, BOOKS AND SUB.

    total $285,979 · program services $230,692 · management and general $48,509 · fundraising $6,778

  • 24b · Other expenses: BAD DEBT

    total $276,371 · program services $0 · management and general $276,371 · fundraising $0

  • 24c · Other expenses: FOREIGN TAXES

    total $218,163 · program services $85,559 · management and general $131,176 · fundraising $1,428

  • 24d · Other expenses: TRAINING

    total $130,702 · program services $102,427 · management and general $27,752 · fundraising $523

  • 24e · All other expenses

    total $24,094 · program services $10,822 · management and general $13,004 · fundraising $268

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,928,437 · end of year $7,956,173

  • 2 · Savings and temporary cash investments

    beginning of year $4,470,620 · end of year $3,724,991

  • 3 · Pledges and grants receivable

    beginning of year $19,663,416 · end of year $21,543,132

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,387,524 · end of year $2,239,113

  • 10a · Land, buildings and equipment: cost or other basis

    $3,857,915

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,163,464

  • 10c · Land, buildings and equipment, net

    beginning of year $723,329 · end of year $694,451

  • 11 · Investments: publicly traded securities

    beginning of year $53,043,820 · end of year $47,926,336

  • 15 · Other assets

    beginning of year $6,625,443 · end of year $6,167,124

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,821,104 · end of year $4,332,677

  • 18 · Grants payable

    beginning of year $6,924,990 · end of year $5,611,529

  • 23 · Secured mortgages and notes payable

    beginning of year $2,095,752 · end of year $1,601,306

  • 25 · Other liabilities

    beginning of year $7,799,177 · end of year $8,464,629

  • 27 · Net assets without donor restrictions

    beginning of year $6,587,696 · end of year -$378,075

  • 28 · Net assets with donor restrictions

    beginning of year $68,613,870 · end of year $70,619,254

Mission and programs · 2024

Mission

BUILD AN EVERYONE A CHANGEMAKER WORLD ASHOKA SHALL GENERALLY ENDEAVOR TO: (CONTINUED IN SCH O)1) ENCOURAGE AND ASSIST INDIVIDUALS (ESPECIALLY SOCIAL ENTREPRENEURS) TO ACCELERATE SOCIAL INNOVATION FOR THE PUBLIC GOOD IN THE FIELDS OF, INTER ALIA, ECONOMIC ADVANCEMENT, PROTECTION OF MINORITIES, ASSISTANCE TO THE POOR, LEGAL AND CIVIL RIGHTS, EDUCATION, PROTECTION OF THE ENVIRONMENT, HEALTH, AND OTHER PUBLIC SERVICE WORK; 2) BUILD AN ACTIVE MUTUAL HELP FELLOWSHIP AMONG SOCIAL ENTREPRENEURS AND INNOVATORS, BOTH IN THE START-UP PHASE AND ESTABLISHED, ACROSS ALL BARRIERS; 3) EDUCATE VARIOUS PUBLICS ABOUT OTHER AREAS OF THE WORLD AND ABOUT SOCIAL ISSUES;4) ENABLE SOCIAL ENTREPRENEURS TO ENTREPRENEUR TOGETHER AND WITH OTHERS; 5) IDENTIFY AND TO ENTREPRENEUR NEW PATTERNS FOR THE GOOD; 6) BUILD A WORLD WHERE EVERYONE IS A CHANGEMAKER; AND 7) IDENTIFY AND HELP BUILD THE FRAMEWORKS OF THOUGHT AND PATTERNS OF ORGANIZATION THAT WILL ENABLE AND ENCOURAGE THESE AFOREMENTIONED GOALS

Activities or mission (Part I)

MOBILIZE A MOVEMENT TO BUILD AN "EVERYONE A CHANGEMAKER" WORLD.

  • ONE SEARCH: FINDING, SELECTING AND SUPPORTING THE WORLD'S LEADING CHANGEMAKERS. ONESEARCH IS ASHOKA'S UNIFIED METHODOLOGY FOR IDENTIFYING AND ACTIVATING EXCEPTIONAL CHANGEMAKERS ACROSS ALL ENGAGEMENT PATHWAYS - FELLOWS, STAFF, ENTREPRENEURS-TO-ENTREPRENEURS (E2S), NEXT GENERATION LEADERS, AND PARTNERS.

    Expenses $6,945,473 · Grants $2,398,880 · Revenue $260,600

  • ONE COMMUNITY: BRINGING THE FULL ASHOKA COMMUNITY TOGETHER TO SUPPORT EACH OTHER AND COLLECTIVELY SOLVE PROBLEMS. ASHOKA HAS BUILT A GLOBAL COMMUNITY OF AROUND 4,000 FELLOWS, ASHOKA YOUNG CHANGEMAKERS, STAFF, AND PARTNERS UNITED BY THE EVERYONE A CHANGEMAKER (EACH) MISSION.

    Expenses $9,561,783 · Grants $690,628 · Revenue $1,387,638

  • EACH/NEW PURPOSES: BUILDING MOVEMENTS OF CHANGEMAKERS TO ADVANCE SOCIETY WHERE THE WORLD MOST NEEDS TO CHANGE. ASHOKA DEPLOYS ITS GLOBAL NETWORK TO CATALYZE PARADIGM SHIFTS IN FIVE ARENAS: CIVIC PARTICIPATION, ECONOMIC DEVELOPMENT, ENVIRONMENT, GROWING UP, AND GENDER/WOMEN. RATHER THAN RUNNING DIRECT SERVICES, ASHOKA ELECTS BREAKTHROUGH SOCIAL ENTREPRENEURS AND LEVERAGES INSTITUTIONAL PARTNERS - GOVERNMENTS, UNIVERSITIES, UNIONS, MEDIA - TO SCALE PROVEN MODELS UNTIL CHANGE BECOMES SELF-SUSTAINING.

    Expenses $11,688,719 · Grants $1,280,336 · Revenue $438,570

  • CORE STAKEHOLDERS: SELECTING AND ENGAGING KEY PARTNERS WHO WILL WORK WITH ASHOKA TO CREATE SOCIETAL CHANGE.ASHOKA IDENTIFIES AND ACTIVATES A COLLABORATIVE ECOSYSTEM - INCLUDING NEXT GENERATION LEADERS, JUJITSU PARTNERS, E2 BUSINESS ENTREPRENEURS, SENIOR FELLOWS, MEDIA AND PUBLISHING PARTNERS, GOVERNMENT OFFICIALS, AND CROSS-SECTOR INFLUENCERS - WHO HAVE THE CREDIBILITY, NETWORKS, AND VALUES ALIGNMENT TO CO-LEAD THE EVERYONE A CHANGEMAKER (EACH) MOVEMENT IN THEIR SECTORS AND COMMUNITIES.FORM 990, PART V, LINE 2A:THE NUMBER SHOWN IN PART V, LINE 2A, REPRESENTS NUMBER REPORTED ON 2024 FORM W-3. THERE ARE 343 EMPLOYEES, ACROSS THE FILING ORGANIZATION'S FOREIGN SUBSIDIARIES AND GLOBAL OFFICES.

    Expenses $6,137,364 · Grants $113,789 · Revenue $230,279

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William Drayton

    CEO

    Total calculated
    $140,156
    From this org
    $137,037
    From related orgs
    $0
    Other
    $3,119
    Hours/week
    40 + 5 related

  • Sushmita Gosh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Roger Harrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary Gordon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Fred Hehuwat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Diana Wells

    PRESIDENT EMERITUS

    Total calculated
    $222,974
    From this org
    $219,270
    From related orgs
    $0
    Other
    $3,704
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $219,270
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $3,704
    Filer's total
    $222,974

  • Lisa Davis

    VP OF INTEGRITY

    Total calculated
    $171,546
    From this org
    $154,182
    From related orgs
    $0
    Other
    $17,364
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $154,182
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,364
    Filer's total
    $171,546

  • Tope Fajingbesi

    CFO (THRU 1/25)

    Total calculated
    $143,093
    From this org
    $131,303
    From related orgs
    $0
    Other
    $11,790
    Hours/week
    40 + 5 related

  • Jennifer Simpson

    CFO (AS OF 8/25)

    Total calculated
    $0
    Hours/week
    40 + 5 related

  • Marie Ringler

    EUROPE DIAMOND LEADER

    Total calculated
    $177,670
    From this org
    $177,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $177,670
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $177,670

  • Arnaud Mourot

    LGM CHANGEMAKER COMPANIES

    Total calculated
    $260,469
    From this org
    $257,969
    From related orgs
    $0
    Other
    $2,500
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $257,969
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $2,500
    Filer's total
    $260,469

  • Vipin Thekkekalathil

    DIRECTOR, YOUTH YEARS

    Total calculated
    $165,176
    From this org
    $159,775
    From related orgs
    $0
    Other
    $5,401
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $159,775
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,401
    Filer's total
    $165,176

  • Claire Fallender

    DIRECTOR, GLOBAL LEADYOUNG INIT.

    Total calculated
    $215,000
    From this org
    $214,930
    From related orgs
    $0
    Other
    $70
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $214,930
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $70
    Filer's total
    $215,000

  • Conrad Carter

    LEADERSHIP GROUP MEMBER

    Total calculated
    $164,488
    From this org
    $164,488
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $164,488
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,488

  • Leah Lizarondo Shannon

    LEADERSHIP GROUP MEMBER

    Total calculated
    $159,323
    From this org
    $159,323
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $159,323
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $159,323

  • Robert Spoer Deceased 724

    LEADERSHIP GRP MEMBER

    Total calculated
    $170,074
    From this org
    $167,484
    From related orgs
    $0
    Other
    $2,590
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $167,484
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $2,590
    Filer's total
    $170,074

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • GET AMERICA WORKING INC

    501(C)(3) · SEE PART VII · VA · controlled entity

    Directly controlled by ASHOKA

  • ASHOKA CANADA

    SEE PART VII · CA · controlled entity

    Directly controlled by ASHOKA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ASHOKA LLC

    SEE PART VII · VA · income $0 · assets $0

    Directly controlled by ASHOKA

  • ASHOKA EMPREDENDORES SOCIALES ASOCIATION

    SEE PART VII · AR · income $777,168 · assets $154,115

    Directly controlled by ASHOKA

  • ASHOKA GEMEINNUTZIGE GMBH

    SEE PART VII · GM · income $3,441,619 · assets $2,991,888

    Directly controlled by ASHOKA

  • ASHOKA BRASIL

    SEE PART VII · BR · income $1,304,130 · assets $255,588

    Directly controlled by ASHOKA

  • FUNDACION DE LIDERAZGO SOCIAL ASHOKA

    SEE PART VII · CI · income $1,841,321 · assets $306,194

    Directly controlled by ASHOKA

  • ASHOKA EAST AFRICA

    SEE PART VII · KE · income $161,228 · assets $158,677

    Directly controlled by ASHOKA

  • ASHOKA FRANCE

    SEE PART VII · FR · income $756,490 · assets $43,909

    Directly controlled by ASHOKA

  • ASHOKA DEUTSCHLAND GMBH

    SEE PART VII · GM · income $6,584,258 · assets $5,325,971

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC INDIA

    SEE PART VII · IN · income $3,441,619 · assets $2,991,888

    Directly controlled by ASHOKA

  • ASHOKA PEMBAHARU BAGI MASYARAHAT

    SEE PART VII · ID · income $814,916 · assets $496,489

    Directly controlled by ASHOKA

  • ASHOKA ITALIA - ONLUS

    SEE PART VII · IT · income $732,047 · assets $409,959

    Directly controlled by ASHOKA

  • ASHOKA JAPAN

    SEE PART VII · JA · income $1,942,384 · assets $1,186,566

    Directly controlled by ASHOKA

  • ASHOKA EMPRENDEDORES SOCIALES ASOCIACION CIVIL AC

    SEE PART VII · MX · income $20,539 · assets $215,926

    Directly controlled by ASHOKA

  • STICHTING ASHOKA

    SEE PART VII · NL · income $308,567 · assets $269,121

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC PHILLIPINES

    SEE PART VII · RP · income $787,350 · assets $230,746

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC POLAND

    SEE PART VII · PL · income $1,903,821 · assets $3,403,560

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC SG (THRU 625)

    SEE PART VII · SN · income $2,454 · assets $0

    Directly controlled by ASHOKA

  • FUNDACION ASHOKA EMPRENDEDORES SOCIALES

    SEE PART VII · SP · income $52,915 · assets $116,309

    Directly controlled by ASHOKA

  • ASHOKA NORDICS

    SEE PART VII · SW · income $490,642 · assets $414,230

    Directly controlled by ASHOKA

  • FONDATION ASHOKA SUISSE

    SEE PART VII · SZ · income $23 · assets $0

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC TH

    SEE PART VII · TH · income $4,651,009 · assets $5,013,241

    Directly controlled by ASHOKA

  • ASHOKA VAKFI (ASHOKA FOUNDATION)

    SEE PART VII · TU · income $316,215 · assets $302,683

    Directly controlled by ASHOKA

  • ASHOKA UK

    SEE PART VII · UK · income $1,930,257 · assets $1,737,212

    Directly controlled by ASHOKA

  • ASOCIACION CIVIL ASHOKA - VENEZEULA

    SEE PART VII · VE · income $0 · assets $24,396

    Directly controlled by ASHOKA

  • ASOCIACION ASHOKA - COLOMBIA

    SEE PART VII · CO · income $422,120 · assets $113,569

    Directly controlled by ASHOKA

  • FUNDATIA ASHOKA

    SEE PART VII · RO · income $2,936,504 · assets $6,252,696

    Directly controlled by ASHOKA

  • ASHOKA ARAB WORLD

    SEE PART VII · EG · income -$43,018 · assets $6

    Directly controlled by ASHOKA

  • ASHOKA BELGIUM

    SEE PART VII · BE · income $216,468 · assets $274,810

    Directly controlled by ASHOKA

  • ASHOKA INNOVATORS FOR THE PUBLIC NP

    SEE PART VII · SF · income $451,448 · assets $384,791

    Directly controlled by ASHOKA

Provenance

Return type
form_990
Tax year
2024
Filed
15 July 2026
IRS schema version
2024v5.5
Source object
202641969349301769

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