Totals
- Total revenue
- $23,135,436
- Total expenses
- $25,084,149
- Contributions and grants received
- $22,291,869
- Grants paid
- $18,480,657
- Program service revenue
- $169,499
- Investment income
- $490,840
- Other revenue
- $183,228
- Total assets, end of year
- $20,701,554
- Total liabilities, end of year
- $728,219
- Net assets or fund balances, end of year
- $19,973,335
- Program services expenses (Part IX)
- $19,606,296
- Management and general expenses
- $1,893,368
- Fundraising expenses
- $3,584,485
- Program service expenses (Part III)
- $19,606,296
Program services were 78.2% 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.
-
1c · Fundraising events
$8,445,739
-
1e · Government grants (contributions)
$230,000
-
1f · All other contributions, gifts and grants
$13,616,130
-
1g · Noncash contributions included above
$487,545
-
2a · Program service revenue: TEACHING AT THE RIGHT LEVEL
total $169,499 · related or exempt $169,499
-
3 · Investment income
total $430,212 · excluded $430,212
-
7a · Gross sales of assets other than inventory
securities $7,425,684
-
7b · Less cost or other basis and sales expenses
securities $7,365,056
-
7c · Gain or loss
securities $60,628
-
7d · Net gain or loss
total $60,628 · excluded $60,628
-
8a · Fundraising events: gross income
$1,388,592
-
8a · Fundraising events: contributions included on line 1c
$8,445,739
-
8b · Fundraising events: direct expenses
$1,205,193
-
8c · Net income from fundraising events
total $183,399 · excluded $183,399
-
11a · Other revenue: EXCHANGE GAIN
total -$171 · excluded -$171
-
11e · Other revenue, total
-$171
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,431,007 · program services $3,431,007
-
3 · Grants to foreign organizations and individuals
total $15,049,650 · program services $15,049,650
-
5 · Compensation of officers, directors and key employees
total $755,219 · management and general $383,759 · fundraising $371,460
-
7 · Other salaries and wages
total $2,203,519 · program services $352,775 · management and general $516,902 · fundraising $1,333,842
-
8 · Pension plan contributions
total $77,029 · program services $13,052 · management and general $18,035 · fundraising $45,942
-
9 · Other employee benefits
total $109,265 · program services $21,938 · management and general $29,870 · fundraising $57,457
-
10 · Payroll taxes
total $161,046 · program services $21,551 · management and general $38,148 · fundraising $101,347
-
11b · Fees: legal
total $46,306 · management and general $46,306
-
11c · Fees: accounting
total $218,172 · management and general $218,172
-
11f · Fees: investment management
total $3,062 · management and general $3,062
-
11g · Fees: other
total $714,440 · program services $21,932 · management and general $312,723 · fundraising $379,785
-
12 · Advertising and promotion
total $79,702 · program services $2,278 · fundraising $77,424
-
13 · Office expenses
total $751,137 · program services $613,005 · management and general $116,129 · fundraising $22,003
-
14 · Information technology
total $199,529 · program services $1,716 · management and general $88,826 · fundraising $108,987
-
16 · Occupancy
total $27,701 · management and general $27,701
-
17 · Travel
total $266,858 · program services $77,392 · management and general $61,738 · fundraising $127,728
-
19 · Conferences, conventions and meetings
total $1,916 · management and general $1,916
-
22 · Depreciation, depletion and amortization
total $11,007 · management and general $11,007
-
23 · Insurance
total $12,348 · management and general $12,348
-
24a · Other expenses: CHAPTER AND EVENT EXPEN
total $787,771 · management and general $6,726 · fundraising $781,045
-
24b · Other expenses: CREDIT CARD AND DONATIO
total $164,965 · fundraising $164,965
-
24c · Other expenses: BAD DEBT EXPENSE
total $12,500 · fundraising $12,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,468,832 · end of year $6,547,295
-
3 · Pledges and grants receivable
beginning of year $9,113,132 · end of year $7,838,953
-
4 · Accounts receivable
beginning of year $32,017 · end of year $32,750
-
9 · Prepaid expenses and deferred charges
beginning of year $102,470 · end of year $140,177
-
10a · Land, buildings and equipment: cost or other basis
$73,767
-
10b · Land, buildings and equipment: accumulated depreciation
$59,182
-
10c · Land, buildings and equipment, net
beginning of year $23,843 · end of year $14,585
-
11 · Investments: publicly traded securities
beginning of year $6,736,920 · end of year $6,080,925
-
15 · Other assets
beginning of year $6,936 · end of year $46,869
-
17 · Accounts payable and accrued expenses
beginning of year $187,644 · end of year $256,219
-
18 · Grants payable
beginning of year $7,641,740 · end of year $472,000
-
27 · Net assets without donor restrictions
beginning of year $3,509,724 · end of year $10,771,535
-
28 · Net assets with donor restrictions
beginning of year $18,145,042 · end of year $9,201,800
Mission and programs · 2023
Mission
PRATHAM USA'S PRIMARY OBJECTIVES ARE RAISING FUNDS TO SUPPORT PRATHAM'S EDUCATIONAL, VOCATIONAL TRAINING AND RELATED ACTIVITIES, PROVIDING GUIDANCE ON THE USE OF PRATHAM USA FUNDS BY PRATHAM, INCREASING AWARENESS OF THE PROBLEMS OF THE UNDERPRIVILEGED IN THE COUNTRIES SERVED BY PRATHAM, OVERSEEING THE DEVELOPMENT AND USE OF THE PRATHAM USA BRAND, AND PROVIDING AND PROMOTING VARIOUS EDUCATIONAL, TRAINING, AND RELATED ACTIVITIES IN INDIA AND OTHER PARTS OF THE WORLD.
-
PRATHAM'S EDUCATION PROGRAMS FOCUS ON THREE MAJOR AGE GROUPS OF CHILDREN: IN THEIR EARLY YEARS (AGES 3-8) BY HELPING CHILDREN PREPARE FOR SCHOOL; IN PRIMARY SCHOOL YEARS (AGES 8-10) BY DEVELOPING READING, WRITING AND NUMERACY SKILLS THROUGH ENGAGING, HANDS-ON ACTIVITIES THAT HAVE BEEN SHOWN TO IMPROVE LEARNING DRASTICALLY; AND MIDDLE AND HIGH SCHOOL YEARS (AGES 11-18) IN BUILDING THEIR SKILLS FOR SCHOOL, WORK AND LIFE. PRATHAM'S WORK IS BOTH IN SCHOOLS AND COMMUNITIES. IN ADDITION, PRATHAM ALSO WORKS WITH LOCAL GOVERNMENTS TO TRANSFER KNOW-HOW AND TO SUPPORT LEARNING FOR MILLIONS OF CHILDREN.
Expenses $7,558,566 · Grants $7,558,566
-
PRATHAM'S TEACHING AT THE RIGHT LEVEL (TARL) PROGRAM BUILDS FOUNDATIONAL READING AND MATH SKILLS IN PRIMARY SCHOOL CHILDREN. THIS PROGRAM, WHICH HAS BEEN TRIED AND TESTED FOR SEVERAL YEARS IN INDIA, IS NOW BEING REPLICATED IN PARTNERSHIP WITH THE ABDUL LATIF JAMEEL POVERTY ACTION LAB (J-PAL) IN A FEW COUNTRIES IN AFRICA. PRATHAM IS THE TECHNICAL PARTNER SUPPORTING GOVERNMENTS AND LOCAL ORGANIZATIONS IN AFRICA IN THE IMPLEMENTATION OF THE TARL METHOD.
Expenses $4,442,700 · Grants $3,431,007 · Revenue $169,499
-
THE VOCATIONAL SKILLS TRAINING PROGRAM PREPARES INDIA'S YOUTH FOR SUCCESS BY TEACHING RELEVANT SKILLS FOR TODAY. THE PROGRAM TAKES YOUTH AND PUTS THEM THROUGH VIRTUAL AND HANDS-ON TRAINING OFFERED ACROSS MULTIPLE INDUSTRIES: HOSPITALITY, CONSTRUCTION, AUTOMOTIVE, BEDSIDE ASSISTANCE, ETC. THE PROGRAM ALSO OFFERS ENTREPRENEURSHIP SUPPORT FOR THOSE WHO WISH TO START THEIR OWN MICRO ENTERPRISES.
Expenses $2,317,834 · Grants $2,317,834
-
AMOUNTS RAISED FOR PCVC, CIVIL, AND OTHER PROGRAMS, AND FOR GENERAL OPERATING SUPPORT OF PRATHAM EDUCATION FOUNDATION
Expenses $2,841,813 · Grants $2,833,250
-
PRATHAM HAS BEEN EXPLORING HOW TECHNOLOGY CAN AUGMENT OUR EXISTING PROGRAMS, HELP CHILDREN SUSTAIN THE PROGRESS THEY'VE MADE, AND ENABLE STUDENTS TO BECOME LEARNERS OUTSIDE OF SCHOOL. USING CONTINUOUS DATA ANALYSIS TO DETERMINE WHAT CONTENT IS RELEVANT AND ENGAGING, OUR GOAL IS TO DEVELOP VIABLE STUDENT-FOCUSED MODELS THAT CAN ACCOMPANY MORE TRADITIONAL TEACHER-CENTRIC APPROACHES TO SCALE PRATHAM'S METHODOLOGIES ACROSS INDIA'S SCHOOL-AGE POPULATION.
Expenses $1,625,383 · Grants $1,520,000
-
ASER: PRATHAM'S ANNUAL STATUS OF EDUCATION REPORT (ASER) MEASURES BASIC LITERACY AND NUMERACY SKILLS, REVEALING THE UNSPOKEN PROBLEM THAT SCHOOL ENROLLMENT DOES NOT AUTOMATICALLY TRANSLATE INTO LEARNING. DESPITE INDIA ACHIEVING 97% SCHOOL ENROLLMENT, POOR ATTENDANCE, OVERSIZED CLASSES, AND ANTIQUATED TEACHING METHODS HAVE LED TO A LEARNING CRISIS. THE DATA WE'VE COLLECTED SINCE 2005 THROUGH OUR NATIONWIDE SURVEYS HAS BECOME AN ESSENTIAL REFERENCE GUIDE FOR THE REAL STATUS OF CHILDREN'S LEARNING ACROSS THE COUNTRY. OUR DATA ENABLES CITIZENS TO DEMAND ACTION AND GOVERNMENTS TO MAKE INFORMED DECISIONS.
Expenses $820,000 · Grants $820,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sethia DhirenSETHIA DHIREN
EXECUTIVE CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Jain SwatantraJAIN SWATANTRA
CFO AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Acharya ViralACHARYA VIRAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Ahuja AvinashAHUJA AVINASH
DIRECTOR (UNTIL 3/31/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Arora SudeshARORA SUDESH
DIRECTOR (UNTIL 3/31/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Devitre DinyarDEVITRE DINYAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Goradia MarieGORADIA MARIE
DIRECTOR (UNTIL 3/31/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Gulati SheilaGULATI SHEILA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Gupta SurenGUPTA SUREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Jaisinghani SumeetJAISINGHANI SUMEET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Khanna JaideepKHANNA JAIDEEP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Khosa RattanKHOSA RATTAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Khosla VictorKHOSLA VICTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Mulani NarendraMULANI NARENDRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Paliwal IlaPALIWAL ILA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Pandian PaulPANDIAN PAUL
DIRECTOR (UNTIL 3/31/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Raj DeepakRAJ DEEPAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Saboo Jai VardhanSABOO JAI VARDHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sanger ArvindSANGER ARVIND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Sarma AdarshSARMA ADARSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Shah NehaSHAH NEHA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Shah RajSHAH RAJ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sikka VandanaSIKKA VANDANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Singh GaganSINGH GAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Singh ManojSINGH MANOJ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Singh PradeepSINGH PRADEEP
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Valani RiazVALANI RIAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Zakaria FareedZAKARIA FAREED
DIRECTOR (UNTIL 3/31/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Shah ManaharSHAH MANAHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Bharti ManishaBHARTI MANISHA
CEO & GLOBAL EXECUTIVE
- Total calculated
- $526,616
- From this org
- $494,934
- From related orgs
- $0
- Other
- $31,682
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $494,934
- Bonus
- $0
- Other
- $0
- Deferred
- $11,366
- Nontaxable benefits
- $20,316
- Filer's total
- $526,616
-
Bahl VikasBAHL VIKAS
HEAD OF OPERATIONS
- Total calculated
- $200,813
- From this org
- $193,105
- From related orgs
- $0
- Other
- $7,708
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,913
- Bonus
- $5,064
- Other
- $10,128
- Deferred
- $0
- Nontaxable benefits
- $7,708
- Filer's total
- $200,813
-
Brar AneetinderBRAR ANEETINDER
DIRECTOR, INDIVIDUAL PHILANTHROPY
- Total calculated
- $203,073
- From this org
- $187,268
- From related orgs
- $0
- Other
- $15,805
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,603
- Bonus
- $22,665
- Other
- $0
- Deferred
- $7,068
- Nontaxable benefits
- $8,737
- Filer's total
- $203,073
-
Desai Sagar KrishnaDESAI SAGAR KRISHNA
DIRECTOR, TECHNOOLOGY
- Total calculated
- $153,169
- From this org
- $150,166
- From related orgs
- $0
- Other
- $3,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,166
- Bonus
- $0
- Other
- $0
- Deferred
- $3,003
- Nontaxable benefits
- $0
- Filer's total
- $153,169
-
Ghosh PriyankaGHOSH PRIYANKA
DIRECTOR - BRAND AND PR
- Total calculated
- $169,415
- From this org
- $154,588
- From related orgs
- $0
- Other
- $14,827
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,588
- Bonus
- $0
- Other
- $0
- Deferred
- $6,090
- Nontaxable benefits
- $8,737
- Filer's total
- $169,415
-
Gupta RadhikaGUPTA RADHIKA
DIRECTOR, INDIVIDUAL PHILANTHROPY
- Total calculated
- $134,563
- From this org
- $130,437
- From related orgs
- $0
- Other
- $4,126
- Hours/week
- 40
-
Venkatachalam BalakrishnanVENKATACHALAM BALAKRISHNAN
COO PRATHAM INTERNATIONAL
- Total calculated
- $294,788
- From this org
- $255,413
- From related orgs
- $0
- Other
- $39,375
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $255,413
- Bonus
- $0
- Other
- $0
- Deferred
- $10,336
- Nontaxable benefits
- $29,039
- Filer's total
- $294,788
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 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
-
$3,423,647
TO SUPPORT GENERAL OPERATIONS AND MISSION.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413309349301151
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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