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Nonprofiteer
← PRATHAM USA

Form 990 for tax year 2022

Filed by PRATHAM USA.

Totals

Total revenue
$22,494,638
Total expenses
$25,998,696
Contributions and grants received
$22,618,199
Grants paid
$19,159,488
Program service revenue
$140,470
Investment income
$52,482
Other revenue
-$316,513
Total assets, end of year
$29,484,150
Total liabilities, end of year
$7,829,384
Net assets or fund balances, end of year
$21,654,766
Program services expenses (Part IX)
$20,200,567
Management and general expenses
$1,639,106
Fundraising expenses
$4,159,023
Program service expenses (Part III)
$20,200,567

Program services were 77.7% 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

    $6,954,980

  • 1e · Government grants (contributions)

    $150,000

  • 1f · All other contributions, gifts and grants

    $15,513,219

  • 1g · Noncash contributions included above

    $377,805

  • 2a · Program service revenue: TEACHING AT THE RIGHT LEVEL

    total $140,470 · related or exempt $140,470

  • 3 · Investment income

    total $51,427 · excluded $51,427

  • 7a · Gross sales of assets other than inventory

    securities $216,956

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

    securities $215,901

  • 7c · Gain or loss

    securities $1,055

  • 7d · Net gain or loss

    total $1,055 · excluded $1,055

  • 8a · Fundraising events: gross income

    $938,481

  • 8a · Fundraising events: contributions included on line 1c

    $6,954,980

  • 8b · Fundraising events: direct expenses

    $1,247,731

  • 8c · Net income from fundraising events

    total -$309,250 · excluded -$309,250

  • 11a · Other revenue: EXCHANGE GAIN

    total -$7,263 · excluded -$7,263

  • 11e · Other revenue, total

    -$7,263

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,486 · program services $12,486

  • 3 · Grants to foreign organizations and individuals

    total $19,147,002 · program services $19,147,002

  • 5 · Compensation of officers, directors and key employees

    total $753,669 · program services $196,280 · management and general $201,565 · fundraising $355,824

  • 7 · Other salaries and wages

    total $1,597,486 · program services $84,190 · management and general $315,011 · fundraising $1,198,285

  • 8 · Pension plan contributions

    total $26,846 · program services $1,610 · management and general $5,817 · fundraising $19,419

  • 9 · Other employee benefits

    total $68,430 · program services $408 · management and general $27,599 · fundraising $40,423

  • 10 · Payroll taxes

    total $158,528 · program services $16,470 · management and general $36,280 · fundraising $105,778

  • 11b · Fees: legal

    total $56,755 · management and general $56,755

  • 11c · Fees: accounting

    total $248,624 · management and general $248,624

  • 11g · Fees: other

    total $1,232,375 · program services $313,904 · management and general $447,681 · fundraising $470,790

  • 12 · Advertising and promotion

    total $595,655 · program services $22,923 · management and general $12,900 · fundraising $559,832

  • 13 · Office expenses

    total $300,703 · program services $118,057 · management and general $145,532 · fundraising $37,114

  • 14 · Information technology

    total $275,067 · program services $113,459 · management and general $53,224 · fundraising $108,384

  • 16 · Occupancy

    total $36,071 · management and general $36,071

  • 17 · Travel

    total $439,487 · program services $173,778 · management and general $17,158 · fundraising $248,551

  • 19 · Conferences, conventions and meetings

    total $133,604 · management and general $9,469 · fundraising $124,135

  • 22 · Depreciation, depletion and amortization

    total $15,408 · management and general $15,408

  • 23 · Insurance

    total $8,661 · management and general $8,661

  • 24a · Other expenses: CHAPTER AND EVENT EXPEN

    total $646,182 · program services $0 · management and general $1,351 · fundraising $644,831

  • 24b · Other expenses: CREDIT CARD AND DONATIO

    total $138,382 · program services $0 · management and general $0 · fundraising $138,382

  • 24c · Other expenses: BAD DEBT

    total $107,275 · program services $0 · management and general $0 · fundraising $107,275

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,942,896 · end of year $13,468,832

  • 3 · Pledges and grants receivable

    beginning of year $8,079,920 · end of year $9,113,132

  • 4 · Accounts receivable

    beginning of year $69,448 · end of year $32,017

  • 9 · Prepaid expenses and deferred charges

    beginning of year $86,696 · end of year $102,470

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

    $75,856

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

    $52,013

  • 10c · Land, buildings and equipment, net

    beginning of year $23,367 · end of year $23,843

  • 11 · Investments: publicly traded securities

    beginning of year $21,401 · end of year $6,736,920

  • 15 · Other assets

    beginning of year $0 · end of year $6,936

  • 17 · Accounts payable and accrued expenses

    beginning of year $206,165 · end of year $187,644

  • 18 · Grants payable

    end of year $7,641,740

  • 27 · Net assets without donor restrictions

    beginning of year $5,701,861 · end of year $3,509,724

  • 28 · Net assets with donor restrictions

    beginning of year $19,315,702 · end of year $18,145,042

Mission and programs · 2022

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 $9,385,794 · Grants $9,385,794

  • 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 $4,720,415 · Grants $4,530,279

  • 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 $2,469,128 · Grants $2,469,128

  • 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 $1,775,000 · Grants $1,775,000

  • 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 $863,429 · Grants $12,486 · Revenue $140,470

  • AMOUNTS RAISED FOR PCVC AND OTHER PROGRAMS, AND FOR GENERAL OPERATING SUPPORT OF PRATHAM EDUCATION FOUNDATION

    Expenses $986,801 · Grants $986,801

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Raj Deepak

    EXECUTIVE CHAIRMAN AND DIRECTOR

    Total calculated
    $0
    Hours/week
    15
  • Jain Swatantra

    CFO AND DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Acharya Viral

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ahuja Avinash

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Arora Sudesh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Devitre Dinyar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Goradia Hemant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Goradia Marie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Gulati Sheila

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Gupta Suren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Jaisinghani Sumeet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Khanna Jaideep

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Khosa Rattan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Khosla Victor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paliwal Ila

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pandian Paul

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Saboo Jai Vardhan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sanger Arvind

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarma Adarsh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Sethia Dhiren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Shah Neha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Shah Raj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Singh Gagan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Singh Manoj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Singh Pradeep

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Valani Riaz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Zakaria Fareed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Bharti Manisha

    CEO & GLOBAL EXECUTIVE

    Total calculated
    $518,431
    From this org
    $489,735
    From related orgs
    $0
    Other
    $28,696
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $489,735
    Bonus
    $0
    Other
    $0
    Deferred
    $6,100
    Nontaxable benefits
    $22,596
    Filer's total
    $518,431
  • Venkatachalam Bala

    EXECUTIVE DIRECTOR

    Total calculated
    $245,665
    From this org
    $220,393
    From related orgs
    $0
    Other
    $25,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,393
    Bonus
    $0
    Other
    $0
    Deferred
    $4,507
    Nontaxable benefits
    $20,765
    Filer's total
    $245,665
  • Karanth Lakshmi

    DIRECTOR OF CORPORATE PARTNERSHIPS

    Total calculated
    $150,329
    From this org
    $150,329
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,329
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,329
  • Dhariwal Pragya

    DEVELOPMENT

    Total calculated
    $107,867
    From this org
    $105,345
    From related orgs
    $0
    Other
    $2,522
    Hours/week
    40
  • Gupta Radhika

    DIRECTOR OF IND PHILANTHROPY

    Total calculated
    $110,738
    From this org
    $108,567
    From related orgs
    $0
    Other
    $2,171
    Hours/week
    40
  • Shah Robin

    DIRECTOR OF IND PHILANTHROPY

    Total calculated
    $138,032
    From this org
    $135,325
    From related orgs
    $0
    Other
    $2,707
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349320251

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