Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
2 people listed on the 990.
Chitra Rajeshwari’s $4K as Exec Director is at the 3rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2021 | FY2020 |
|---|---|---|---|
| Chitra Rajeshwari | $4,049 | $75,917 | $154,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Reduces child poverty, improves education, and creates employment opportunities.
Questions for Avasant Foundation
Your first name shows with your question. Avasant Foundation answers here, for everyone.
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Overall Achievements in 2023
Over 52,000 lives IMPACTED2700+ candidates graduated directly from the avasant digital skills and entrepreneurs training programsover 100+ leading employers support the impact of the training by hiring our GRADUATES60 + partnerships with educational and private and public SECTOR90-95% success rate of job hires for graduates within 3…
In 2023
Guyana: in partnership with inter-american development bank lab, and the university of guyana the avasant digital skills training program graduated the following:digital skills 105, digital entrepreneurship 62, advanced digital skills AI/ML 59, pilot with high school students 30THE bahamas: in partnership with the inter-american…
Avasant foundation supported stem and entrepreneurship education for disadvantaged youth in the united states as well as other initiatives in partnership with non-profit organizations.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $541K | $1.2M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $541K | $1.2M |
| LiabilitiesLn 26 | $29K | $19K |
| Net assetsLn 32 | $512K | $1.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $40K | $40K | ||
| Management feesLn 11a | $185K | $185K | ||
| Office expensesLn 13 | $120 | $120 | ||
| Information technologyLn 14 | $25 | $20 | $4 | $1 |
| TravelLn 17 | $6K | $6K | ||
| Other expenses (24a–d)Ln 24 | $14K | $14K | $119 | |
| Total functional expensesLn 25 | $245K | $245K | $243 | $1 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $420K | $196K | $224K | $1.4M | 990 PDF |
| FY2023 Viewing | $923K | $245K | $678K | $1.2M | 990 PDF |
| FY2022 | $372K | $331K | $40K | $512K | 990 PDF |
| FY2021 | $373K | $295K | $78K | $471K | 990 PDF |
| FY2020 | $411K | $220K | $191K | $393K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $923,356 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 3 to look at
Part VIII · Statement of revenue $923,356 across 5 lines filed
Part IX · Statement of functional expenses $245,102 across 6 lines filed
Part X · Balance sheet $1,209,479 assets, 9 lines filed
Part XI · Reconciliation of net assets $1,190,053 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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