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.
84¢ of each $1 spent went to programs.
$748K 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

FY2021 · 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
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$748K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 9.7 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
$206K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.5M
+8% vs prior year
Spent
$20.9M
To programs
84%
Net assets
$25.0M
By yearFY2020–FY2024
Revenue
$25.5M
FY2021▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$23.5M
FY2021$25.5M
FY2022$22.5M
FY2023$23.1M
FY2024$24.6M
Expenses
$20.9M
FY2021▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$20.7M
FY2021$20.9M
FY2022$26.0M
FY2023$25.1M
FY2024$23.3M
Net assets
$25.0M
FY2021▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$20.4M
FY2021$25.0M
FY2022$21.7M
FY2023$20.0M
FY2024$21.5M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

84 cents of each dollar spent went to programs.

Program services 84% · $17.5M Management & general 6% · $1.3M Fundraising 10% · $2.1M

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

33 people listed on the 990; $748K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$210,417Pt VII · Sec A
CEO & Global Executive
$160,985Pt VII · Sec A
Development Director
$150,000Pt VII · Sec A
Director of Marketing & Strategy
$116,477Pt VII · Sec A
Development Director
$110,250Pt 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$491,329$494,934$489,735$160,985—
Venkatachalam Balakrishnan—$255,413———
Venkatachalam Bala——$220,393$210,417$200,000
Bahl Vikas$185,019$193,105———
Brar Aneetinder$177,944$187,268———
Baghel Nishant$172,072————
Desai Sagar Krishna$166,420$150,166———
Ghosh Priyanka$158,278$154,588———

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 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.

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Provided by the organization

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3 programs · $15.1M · in their own filed words · FY2021
01

Education program focuses 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 fun, hands-on activities that have been shown to improve learning drastically; and middle and high school…

$9.0Mprogram expense
02

Pratham pivoted temporarily in 2021 to respond to the crisis caused by the COVID-19 pandemic. Pratham raised funds to directly puprchase and ship oxygen concentrators to india to provide relief during the pandemic. Additionally, pratham provided covid education and digital tools to bridge the educational gap caused by school closures.

$4.3Mprogram expense
03

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 that is offered across multiple industries - hospitality, construction, automotive training, bedside assistance, etc.

$1.7Mprogram expense

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$25.5M
Ln 12
Gifts and grantsLn 1h$25.5M
Fees for servicesLn 2g$138K
Investment incomeLn 3$4K
Money outPt IX
$20.9M
Ln 25
Programscol B$17.5M
Managementcol C$1.3M
Fundraisingcol D$2.1M
Owns and owesPt X
$25.0M
net assets · Ln 32
Cash and savingsLn 1–2$16.9M
Total assetsLn 16$25.2M
LiabilitiesLn 26$206K
PeoplePt VI, VII
33
listed · VII A
PaidVII A5
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25.5M
Government grantsLn 1e$262K
Noncash giftsLn 1g$541K
Fundraising eventsLn 1c$1.4M
Fees for servicesLn 2g$138K
Investment incomeLn 3$4K
Gains on assetsLn 7$4K
Total revenueLn 12$25.5M
Assets in detailPt X, end of year
CashLn 1$16.9M
Cash and savings togetherLn 1–2$16.9M
InvestmentsLn 11–13$21K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$25.2M
LiabilitiesLn 26$206K
Net assetsLn 32$25.0M
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 FY21End FY21
Cash and savingsLn 1–2$10.1M$16.9M
InvestmentsLn 11–13$39K$21K
Land, buildings, equipmentLn 10c$9K$23K
Total assetsLn 16$20.6M$25.2M
LiabilitiesLn 26$231K$206K
Net assetsLn 32$20.4M$25.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$17.0M$17.0M
Pay of current officers, directors and key staffLn 5$371K$140K$59K$173K
Other salaries and wagesLn 7$1.2M$27K$449K$722K
Other employee benefitsLn 9$84K$13K$32K$39K
Payroll taxesLn 10$127K$13K$41K$72K
Legal feesLn 11b$39K$39K
Accounting feesLn 11c$56K$56K
Other fees for servicesLn 11g$1.4M$250K$495K$616K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$132K$58K$74K
Information technologyLn 14$74K$10K$64K
OccupancyLn 16$42K$42K
TravelLn 17$57K$38K$19K
Conferences, conventions and meetingsLn 19$140$140
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$338K$338K
Total functional expensesLn 25$20.9M$17.5M$1.3M$2.1M

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 Viewing $25.5M$20.9M$4.6M$25.0M 990 PDF
FY2020 $23.5M$20.7M$2.8M$20.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $25,510,214 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $23,650,730$25,455,886
I-9 Program service revenuePrior year $0$138,430
I-10 Investment incomePrior year $576$3,840
I-11 Other revenuePrior year −$121,957−$87,942
I-12 Total revenuePrior year $23,529,349$25,510,214
I-13 Grants and similar amounts paidPrior year $17,675,282$16,990,864
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,691,738$1,779,843
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,329,797$2,122,016
I-18 Total expensesPrior year $20,696,817$20,892,723
I-19 Revenue less expensesPrior year $2,832,532$4,617,491
Part VI · Governance 28 of 28 board members independent, 1 to look at
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,510,214 across 11 lines filed
VIII-1c Fundraising events$1,447,034
VIII-1e Government grants$262,300
VIII-1f All other contributions, gifts and grants$23,746,552
VIII-1g Noncash contributions (included above)$541,487
VIII-1h Total contributions, gifts and grants$25,455,886
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $138,430$138,430
VIII-3 Investment incomeExcluded from tax $16$16
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,824$3,824
VIII-8 Net income from fundraising eventsExcluded from tax −$88,445−$88,445
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $503$503
VIII-12 Total revenueRelated to mission $138,430 · Unrelated business $0 · Excluded from tax −$84,102$25,510,214
Part IX · Statement of functional expenses $20,892,723 across 17 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $16,990,864$16,990,864
IX-5 Pay of current officers, directors and key staffPrograms $139,545 · Management $58,523 · Fundraising $173,334$371,402
IX-7 Other salaries and wagesPrograms $26,667 · Management $448,972 · Fundraising $722,218$1,197,857
IX-9 Other employee benefitsPrograms $12,538 · Management $32,046 · Fundraising $39,477$84,061
IX-10 Payroll taxesPrograms $13,401 · Management $40,917 · Fundraising $72,205$126,523
IX-11b Legal feesManagement $39,266$39,266
IX-11c Accounting feesManagement $56,239$56,239
IX-11g Other fees for servicesPrograms $249,852 · Management $495,372 · Fundraising $616,374$1,361,598
IX-12 Advertising and promotionFundraising $2,845$2,845
IX-13 Office expensesManagement $57,780 · Fundraising $74,054$131,834
IX-14 Information technologyManagement $10,490 · Fundraising $63,658$74,148
IX-16 OccupancyManagement $42,382$42,382
IX-17 TravelPrograms $37,779 · Fundraising $19,143$56,922
IX-19 Conferences, conventions and meetingsFundraising $140$140
IX-22 Depreciation, depletion and amortizationManagement $8,972$8,972
IX-23 InsuranceManagement $9,581$9,581
IX-24 Other expenses (24a–d)Fundraising $338,089$338,089
IX-25 Total functional expensesPrograms $17,470,646 · Management $1,300,540 · Fundraising $2,121,537$20,892,723
Part X · Balance sheet $25,223,728 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $10,083,491$16,942,896
X-3 Pledges and grants receivableStart of year $10,375,171$8,079,920
X-4 Accounts receivableStart of year $0$69,448
X-9 Prepaid expenses and deferred chargesStart of year $116,812$86,696
X-10c Land, buildings and equipment, netStart of year $9,142$23,367
X-11 Publicly traded securitiesStart of year $39,428$21,401
X-16 Total assetsStart of year $20,624,044$25,223,728
X-17 Accounts payable and accrued expensesStart of year $231,298$206,165
X-26 Total liabilitiesStart of year $231,298$206,165
X-27 Net assets without donor restrictionsStart of year $2,136,838$5,701,861
X-28 Net assets with donor restrictionsStart of year $18,255,908$19,315,702
X-32 Total net assets or fund balancesStart of year $20,392,746$25,017,563
X-33 Total liabilities and net assetsStart of year $20,624,044$25,223,728
Part XI · Reconciliation of net assets $25,017,563 net assets at year end
XI-1 Total revenue$25,510,214
XI-2 Total expenses$20,892,723
XI-3 Revenue less expenses$4,617,491
XI-4 Net assets at start of year$20,392,746
XI-5 Net unrealized gains (losses) on investments−$174
XI-6 Donated services and use of facilities$7,500
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$25,017,563

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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