Form 990 for tax year 2024
Filed by FRIENDS OF TEACH FOR INDIA INC.
Totals
- Total revenue
- $1,975,056
- Total expenses
- $960,622
- Contributions and grants received
- $1,884,100
- Grants paid
- $754,350
- Program service revenue
- $0
- Investment income
- $90,956
- Other revenue
- $0
- Total assets, end of year
- $2,706,601
- Total liabilities, end of year
- $10,598
- Net assets or fund balances, end of year
- $2,696,003
- Program services expenses (Part IX)
- $876,250
- Management and general expenses
- $62,716
- Fundraising expenses
- $21,656
- Program service expenses (Part III)
- $876,250
Program services were 91.2% 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.
-
1f · All other contributions, gifts and grants
$1,884,100
-
3 · Investment income
total $49,394 · excluded $49,394
-
7a · Gross sales of assets other than inventory
securities $76,409
-
7b · Less cost or other basis and sales expenses
securities $34,847
-
7c · Gain or loss
securities $41,562
-
7d · Net gain or loss
total $41,562 · excluded $41,562
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $754,350 · program services $754,350
-
5 · Compensation of officers, directors and key employees
total $130,278 · program services $91,195 · management and general $26,055 · fundraising $13,028
-
10 · Payroll taxes
total $10,729 · program services $7,510 · management and general $2,146 · fundraising $1,073
-
11c · Fees: accounting
total $14,301 · management and general $14,301
-
13 · Office expenses
total $78 · management and general $59 · fundraising $19
-
14 · Information technology
total $4,647 · management and general $3,485 · fundraising $1,162
-
17 · Travel
total $4,361 · fundraising $4,361
-
19 · Conferences, conventions and meetings
total $800 · program services $640 · management and general $160
-
23 · Insurance
total $1,098 · program services $878 · management and general $220
-
24a · Other expenses: CONTRACT SERVICES
total $28,355 · program services $20,000 · management and general $8,355
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $7,515 · management and general $7,515
-
24c · Other expenses: MERCHANT PROCESSING FEES
total $2,013 · fundraising $2,013
-
24d · Other expenses: PAYROLL FEES
total $1,045 · program services $836 · management and general $209
-
24e · All other expenses
total $1,052 · program services $841 · management and general $211
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $55,970 · end of year $503,545
-
2 · Savings and temporary cash investments
beginning of year $1,623,847 · end of year $2,068,773
-
3 · Pledges and grants receivable
end of year $100,000
-
4 · Accounts receivable
end of year $33,227
-
9 · Prepaid expenses and deferred charges
beginning of year $1,093 · end of year $1,056
-
10c · Land, buildings and equipment, net
beginning of year $798
-
17 · Accounts payable and accrued expenses
beginning of year $323 · end of year $10,598
-
27 · Net assets without donor restrictions
beginning of year $1,681,385 · end of year $2,696,003
Mission and programs · 2024
Mission
EMPOWERING MOBILIZERS LIKE TEACH FOR INDIA WITH INTELLECTUAL, HUMAN, AND FINANCIAL RESOURCES TO ELIMINATE EDUCATIONAL INEQUITY IN INDIA.
Activities or mission (Part I)
BUILDING A MOVEMENT OF LEADERS TO ELIMINATE EDUCATIONAL INEQUITY IN INDIA.
-
TACKLING THE SYSTEMIC EDUCATION CRISIS IN INDIA BY RECRUITING, SELECTING, TRAINING, AND DEVELOPING LEADERS AT ALL LEVELS OF THE EDUCATION SYSTEM.
Expenses $876,250 · Grants $754,350
-
TACKLING THE SYSTEMIC EDUCATION CRISIS IN INDIA BY RECRUITING, SELECTING, TRAINING, AND DEVELOPING LEADERS AT ALL LEVELS OF THE EDUCATION SYSTEM.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ruchi MehtaRUCHI MEHTA
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Amar PatelAMAR PATEL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Vikas KeswaniVIKAS KESWANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shar DubeySHAR DUBEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Riddhima Gandhi MehtaRIDDHIMA GANDHI MEHTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ravi MulaniRAVI MULANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mallika SinghMALLIKA SINGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alka ThukralALKA THUKRAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shaziya KeswaniSHAZIYA KESWANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ajay GuptaAJAY GUPTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rohan NarayanROHAN NARAYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dharmendra SahayDHARMENDRA SAHAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dimple BangaloreDIMPLE BANGALORE
EXECUTIVE DI
- Total calculated
- $54,167
- From this org
- $54,167
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Neha GuptaNEHA GUPTA
EXECUTIVE DI
- Total calculated
- $76,111
- From this org
- $76,111
- From related orgs
- $0
- Other
- $0
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503289349300905
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