Pratham USA FY2020 filing

Tax-deductible

Houston, TX501(c)(3)Since 1999Foundations & GrantmakersEIN 76-0620808

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To support Pratham education foundation in its mission of improving child literacy in india, increasing vocational skills and supporting women to complete their education.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$672K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $663K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$672K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $390K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$231K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 26 voting members
Looks good: 26 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$23.5M
Spent
$20.7M
To programs
86%
Net assets
$20.4M
By yearFY2020–FY2024
Revenue
$23.5M
FY2020
Revenue by fiscal year
FY2020$23.5M
FY2021$25.5M
FY2022$22.5M
FY2023$23.1M
FY2024$24.6M
Expenses
$20.7M
FY2020
Expenses by fiscal year
FY2020$20.7M
FY2021$20.9M
FY2022$26.0M
FY2023$25.1M
FY2024$23.3M
Net assets
$20.4M
FY2020
Net assets by fiscal year
FY2020$20.4M
FY2021$25.0M
FY2022$21.7M
FY2023$20.0M
FY2024$21.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $17.7M Management & general 5% · $1.1M Fundraising 9% · $1.9M

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

31 people listed on the 990; $672K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$200,000Pt VII · Sec A
Development Director
$134,375Pt VII · Sec A
Development Director
$127,500Pt VII · Sec A
Director of Marketing & Strategy
$105,000Pt VII · Sec A
Director of Development
$105,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Bharti Manisha’s $491K as CEO and Global Executive is at the 92nd percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking 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

NameFY2024FY2023FY2022FY2021FY2020
Bharti Manisha—$494,934$489,735$160,985—
Bharti Manisha$491,329————
Venkatachalam Balakrishnan—$255,413———
Venkatachalam Bala——$220,393$210,417$200,000
Bahl Vikas—$193,105———
Brar Aneetinder—$187,268———
Bahl Vikas$185,019————
Brar Aneetinder$177,944————

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.

See Pratham USA executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves child literacy, vocational skills, and women's education in India.

Provided by the organization

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3 program services account for $14.9M of program spending, described in the organization's own filed words · FY2020.
01

The education program focuses on three major age groups of children: in their early years (ages 3-6) by helping children prepare for school, in primary school years (ages 6-10) by developing reading, writing, and numeracy skills through fun, hands-on activities that have been shown to improve learning drastically, and middle and high…

$10.5Mprogram expense
02

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 a 3-MONTH hands on training that is offered across multiple industries - hospitality, construction, automotive training, bedside assistance, etc.

$2.5Mprogram expense
03

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 a viable student-focused model which can accompany…

$2.0Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 11 funders →
Grants paid · 3 grants · $4.7M · 2020–2024
Pratham International INCMA · FY2024$1,285,399
Pratham International INCMA · FY2023$3,423,647
Asset India FoundationNJ · FY2020$12,983

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$23.5M
Ln 12
Gifts and grantsLn 1h$23.7M
Investment incomeLn 3$576
Money outPt IX
$20.7M
Ln 25
Programscol B$17.7M
Managementcol C$1.1M
Fundraisingcol D$1.9M
Owns and owesPt X
$20.4M
net assets · Ln 32
Cash and savingsLn 1–2$10.1M
Total assetsLn 16$20.6M
LiabilitiesLn 26$231K
PeoplePt VI, VII
31
listed · VII A
PaidVII A5
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23.7M
Government grantsLn 1e$265K
Noncash giftsLn 1g$325K
Fundraising eventsLn 1c$1.8M
Investment incomeLn 3$576
Gains on assetsLn 7$540
Total revenueLn 12$23.5M
Assets in detailPt X, end of year
CashLn 1$10.1M
Cash and savings togetherLn 1–2$10.1M
InvestmentsLn 11–13$39K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$20.6M
LiabilitiesLn 26$231K
Net assetsLn 32$20.4M
OperationsPt I, VI
EmployeesI 522
VolunteersI 6346
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8.9M$10.1M
InvestmentsLn 11–13$3K$39K
Land, buildings, equipmentLn 10c$13K$9K
Total assetsLn 16$17.8M$20.6M
LiabilitiesLn 26$271K$231K
Net assetsLn 32$17.6M$20.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$13K$13K
Grants and assistance to foreign recipientsLn 3$17.7M$17.7M
Pay of current officers, directors and key staffLn 5$697K$60K$129K$508K
Other salaries and wagesLn 7$815K$401K$414K
Other employee benefitsLn 9$68K$2K$29K$37K
Payroll taxesLn 10$112K$3K$40K$69K
Legal feesLn 11b$22K$22K
Other fees for servicesLn 11g$903K$329K$574K
Advertising and promotionLn 12$7K$245$7K
Office expensesLn 13$94K$76K$19K
Information technologyLn 14$67K$7K$60K
TravelLn 17$30K$30K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$186K$186K
Total functional expensesLn 25$20.7M$17.7M$1.1M$1.9M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $24.6M$23.3M$1.3M$21.5M 990 PDF
FY2023 $23.1M$25.1M−$1.9M$20.0M 990 PDF
FY2022 $22.5M$26.0M−$3.5M$21.7M 990 PDF
FY2021 $25.5M$20.9M$4.6M$25.0M 990 PDF
FY2020 Viewing $23.5M$20.7M$2.8M$20.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $23,529,349 across 9 lines filed
VIII-1c Fundraising events$1,795,476
VIII-1e Government grants$265,200
VIII-1f All other contributions, gifts and grants$21,590,054
VIII-1g Noncash contributions (included above)$325,020
VIII-1h Total contributions, gifts and grants$23,650,730
VIII-3 Investment incomeExcluded from tax $36$36
VIII-7 Net gain or loss on sales of assetsExcluded from tax $540$540
VIII-8 Net income from fundraising eventsExcluded from tax −$121,957−$121,957
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$121,381$23,529,349
Part IX · Statement of functional expenses $20,696,817 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $12,983$12,983
IX-3 Grants and assistance to foreign recipientsPrograms $17,662,299$17,662,299
IX-5 Pay of current officers, directors and key staffPrograms $60,000 · Management $129,375 · Fundraising $507,500$696,875
IX-7 Other salaries and wagesManagement $401,000 · Fundraising $414,217$815,217
IX-9 Other employee benefitsPrograms $1,800 · Management $28,539 · Fundraising $37,295$67,634
IX-10 Payroll taxesPrograms $3,433 · Management $39,622 · Fundraising $68,957$112,012
IX-11b Legal feesManagement $21,856$21,856
IX-11g Other fees for servicesManagement $329,021 · Fundraising $573,642$902,663
IX-12 Advertising and promotionManagement $245 · Fundraising $7,140$7,385
IX-13 Office expensesManagement $75,861 · Fundraising $18,591$94,452
IX-14 Information technologyManagement $6,889 · Fundraising $60,390$67,279
IX-17 TravelFundraising $30,080$30,080
IX-22 Depreciation, depletion and amortizationManagement $8,732$8,732
IX-23 InsuranceManagement $11,759$11,759
IX-24 Other expenses (24a–d)Fundraising $185,591$185,591
IX-25 Total functional expensesPrograms $17,740,515 · Management $1,052,899 · Fundraising $1,903,403$20,696,817
Part X · Balance sheet $20,624,044 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $8,937,742$10,083,491
X-3 Pledges and grants receivableStart of year $8,759,724$10,375,171
X-9 Prepaid expenses and deferred chargesStart of year $114,160$116,812
X-10c Land, buildings and equipment, netStart of year $12,877$9,142
X-11 Publicly traded securitiesStart of year $2,652$39,428
X-16 Total assetsStart of year $17,827,155$20,624,044
X-17 Accounts payable and accrued expensesStart of year $270,811$231,298
X-26 Total liabilitiesStart of year $270,811$231,298
X-27 Net assets without donor restrictionsStart of year $3,393,604$2,136,838
X-28 Net assets with donor restrictionsStart of year $14,162,740$18,255,908
X-32 Total net assets or fund balancesStart of year $17,556,344$20,392,746
X-33 Total liabilities and net assetsStart of year $17,827,155$20,624,044
Part XI · Reconciliation of net assets $20,392,746 net assets at year end
XI-1 Total revenue$23,529,349
XI-2 Total expenses$20,696,817
XI-3 Revenue less expenses$2,832,532
XI-4 Net assets at start of year$17,556,344
XI-5 Net unrealized gains (losses) on investments−$2,424
XI-6 Donated services and use of facilities$6,294
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,392,746

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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