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Ashoka EIN 51-0255908

Ashoka

EIN  51-0255908 Public charity (501(c)(3)) Arlington, VA Founded 1980
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/6/26 · see original filing: IRS
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Size
$10–100M
What they do
Connects social entrepreneurs with world-changing solutions to foster a global culture of changemaking.
Leadership
Arnaud Mourot · Lgm Changemaker Companies · $258K
Money in and out
$35.1M revenue, $42.6M expenses
Bottom line
81% program efficiency

Connects social entrepreneurs with world-changing solutions to foster a global culture of changemaking. For fiscal year 2024 it reported $35.1M in revenue, $42.6M in expenses, and $70.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$35.1M
Pt VIII · Ln 12
Total expenses
$42.6M
Pt IX · Ln 25
Net assets
$70.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7.5M
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.13 Fundraising $0.06
Program efficiency
81%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
16.8mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
-21%
revenue over expenses, this year▼ -33% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$35.1M
FY2024▼ -17%
Expenses
$42.6M
FY2024▼ -13%
Total assets
$90.3M
FY2024▼ -7%
Total liabilities
$20.0M
FY2024▼ -8%
Total revenue
$35.1M
Pt VIII · Ln 12
Total expenses
$42.6M
Pt IX · Ln 25
Net assets
$70.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7.5M
Total assetsPt X · Ln 16$90.3M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $28.2M of program spending, described in the organization's own filed words · FY2024.
01

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.

$11.7Mprogram expense
02

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.

$9.6Mprogram expense
03

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.

$6.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAshoka
EINHdr · item D51-0255908
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jwww.ashoka.org
Year of formationHdr · item L1980
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q300)
Ruling yearIRS BMFJan 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Arnaud Mourot
Lgm Changemaker Companies
$257,969Pt VII · Sec A
Diana Wells
President Emeritus
$219,270Pt VII · Sec A
Claire Fallender
Director, Global Leadyoung Init.
$214,930Pt VII · Sec A
Marie Ringler
Europe Diamond Leader
$177,670Pt VII · Sec A
Robert Spoer Deceased 724
Leadership Grp Member
$167,484Pt VII · Sec A
Conrad Carter
Leadership Group Member
$164,488Pt VII · Sec A
Vipin Thekkekalathil
Director, Youth Years
$159,775Pt VII · Sec A
Leah Lizarondo Shannon
Leadership Group Member
$159,323Pt VII · Sec A

Arnaud Mourot’s $258K as Lgm Changemaker Companies is at the 50th percentile of top reported officer pay among 344 $10–100M international 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Arnaud Mourot$257,969—————
William Drayton$137,037$119,174$137,201$139,953$213,778$231,584
Diana Wells$219,270$183,176$176,436$188,072$161,220$200,786
Claire Fallender$214,930—————
Emily Lawson—$189,981————
Konstanze Frischen——$189,883$165,512$153,912$170,976
Marie Ringler$177,670—————
Anne Evans——$170,883$157,566$125,014$148,192

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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Statement of Revenue

Part VIII
Contributions & grants$30.2M · 86%
Program service revenue$2.3M · 7%
Investment income$2.3M · 7%
Other revenue$331K · 1%
Contributions & grants86%$30.2M
Program service revenue7%$2.3M
Investment income7%$2.3M
Other revenue1%$331K
Total revenueLn 12$35.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.13 Fundraising $0.06
Program services81%$34.3M
Management & general13%$5.7M
Fundraising6%$2.5M
Total functional expensesLn 25$42.6M

Balance Sheet

Part X · end of year
CashLn 1$11.7M
Total assetsLn 16$90.3M
Total liabilitiesLn 26$20.0M
Total net assetsLn 32$70.2M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $59.6M · Operating expenses (Pt IX) $42.6M · Less non-cash grants $12K · Cash operating expenses/yr $42.6M
16.8 months
Where the money goes
Program services
Program services $34.3M · Total expenses $42.6M
81%
Management & General
Management & general $5.7M · Total expenses $42.6M
13%
Fundraising
Fundraising $2.5M · Total expenses $42.6M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $2.2M · Solicited contributions (3-yr avg) $31.1M
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $30.2M · Total revenue $35.1M
86%
Government reliance
Government grants — · Total revenue $35.1M
—
Earned-income share
Program service revenue $2.3M · Total revenue $35.1M
7%
Investment reliance
Investment income $2.3M · Total revenue $35.1M
+7%
Program self-sufficiency
Program service revenue $2.3M · Total expenses $42.6M
5%
Growth & trend
Revenue growth (YoY)
This year $35.1M · Prior year $42.1M
-17%
Revenue CAGR
FY2019 $42.5M · FY2024 $35.1M
-4%
Net-asset trend (YoY)
End of year $70.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35.1M · Expenses $42.6M
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $90.3M
—
Net-asset ratio
Net assets $70.2M · Total assets $90.3M
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $47.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $90.3M
53%
People & payroll
Highest Reported Total Compensation
Individual Arnaud Mourot · Reported title LGM CHANGEMAKER COMPANIES · Highest reported compensation $258K · Total expenses $42.6M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $24.9M · Total expenses $42.6M
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 13%——
Fundraising cost ratio 8%——
Revenue growth -17%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
T Rowe Price Program for Charitable Giving INCFY2025$15K
Baumol Family FoundationFY2025$4K
Total grants receivedfrom 2 funders$19K
Grants paid · 36 grants · $7.8M · 2019–2024
Youth Venture INCVA · FY2024$810,219
Unitemized GrantFY2024$700,000
Rg Foods INCOK · FY2024$11,138
Unitemized GrantFY2024$500
Youth Venture INCVA · FY2023$2,108,294
Unitemized GrantFY2023$866,666
Unitemized GrantFY2023$28,150
Unitemized GrantFY2022$1,485,383
Parity Baltimore IncorporatedMD · FY2022$92,500
Unitemized GrantFY2022$14,364
Unitemized GrantFY2021$150,000
Greater Milwaukee Committee for Community DevelopmentWI · FY2021$17,500
WithMO · FY2021$17,500
Enterprise Community Partners INCMD · FY2021$17,500
Good Call Nyc CoNY · FY2021$16,032
Unitemized GrantFY2021$13,281
Gary Ventures INCFY2021$10,000
The Works INCTN · FY2021$10,000
See all 36 grants →

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The Society for the Enrichment and Empowerment of the Deprived GroupCA
Humanitarian Social InnovationsPA
World Academy of DevelopmentCA
Social Alpha Innovation FoundationCA
Communitas America INCNY
Ignite AshaIL
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$42.1M revenue · ⤓ 990 PDF
FY2023$25.8M revenue · ⤓ 990 PDF
FY2022$45.9M revenue · ⤓ 990 PDF
FY2021$53.0M revenue · ⤓ 990 PDF
FY2020$42.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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