Ink Global Foundation FY2020 filing

Tax-deductible

Los Altos Hls, CA501(c)(3)Youth DevelopmentEIN 84-5191117Revenue $224K in FY2020

On file with the IRSinkglobalfoundation.org27860 Fawn Creek CT, 94022-2429 · Los Altos Hls, CATax-exempt since Jun 2020Publicly supported charity — 170(b)(1)(A)(vi)

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Ink Global Foundation is on a mission to provide international exposure and necessary resources to the Global innovators from india to accelerate their journey to success.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 4
filings with a surplus
Average surplus $76K a year · 33% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$224K
Spent
$129K
To programs
100%
Net assets
$96K
By yearFY2020–FY2024
Revenue
$224K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$224K
FY2021$97K
FY2022$314K
FY2023$287K
FY2024$29K
Expenses
$129K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$129K
FY2021$167K
FY2022$103K
FY2023$221K
FY2024Not on file
Net assets
$96K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$26K
FY2022$237K
FY2023$302K
FY2024$64K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 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 Jun 2020.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $129K Management & general 0% · $147

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Director Pro
$0Pt VII · Sec A

Geetika Tewari’s $33K as Director Pro is at the 73rd percentile of top reported officer pay among 112 <$100K youth development 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.

See Ink Global Foundation 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects Indian innovators with global opportunities and resources for success.

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Provided by the organization

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3 programs · $129K · in their own filed words · FY2020
01

The purpose of ink global foundation is to accelerate the journeys of game changers from across the globe - including supporting ink fellows from india and other fellows we may choose from the rest of the world. Further, the foundation will support other programs designed supporting the sustainable development goals.

$129Kprogram expense
02

Currently, our program selects and supports innovators from across the globe who are working towards persistent international issues and creating solutions that can be used and adapted worldwide.

Pt IX · col B
03

In addition, we are designing women's ink, which is a fellowship to identify and nurture mid career women (focus on diversity of discipline, age, economic strata, disability) the mission of all the programs hosted by the foundation is to accelerate the journey of changemakers, by giving them a platform for international exposure, a…

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$224K
Ln 12
Gifts and grantsLn 1h$224K
Fees for servicesLn 2g$132
Money outPt IX
$129K
Ln 25
Programscol B$129K
Managementcol C$147
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$100K
Total assetsLn 16$100K
LiabilitiesLn 26$4K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$224K
Fees for servicesLn 2g$132
Total revenueLn 12$224K
Assets in detailPt X, end of year
CashLn 1$100K
Cash and savings togetherLn 1–2$100K
Total assetsLn 16$100K
LiabilitiesLn 26$4K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$100K
Total assetsLn 16$0$100K
LiabilitiesLn 26$0$4K
Net assetsLn 32$0$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$122K$122K
Office expensesLn 13$147$147
Information technologyLn 14$369$369
TravelLn 17$7K$7K
Total functional expensesLn 25$129K$129K$147$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $29K$64K 990 PDF
FY2023 $287K$221K$66K$302K 990 PDF
FY2022 $314K$103K$211K$237K 990 PDF
FY2021 $97K$167K−$70K$26K 990 PDF
FY2020 Viewing $224K$129K$96K$96K 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 (6 parts)
Part I · Summary $224,436 revenue, 12 lines filed
I-8 Contributions and grants$224,304
I-9 Program service revenue$132
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$224,436
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$128,807
I-18 Total expenses$128,807
I-19 Revenue less expenses$95,629
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $224,436 across 4 lines filed
VIII-1f All other contributions, gifts and grants$224,304
VIII-1h Total contributions, gifts and grants$224,304
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $132$132
VIII-12 Total revenueRelated to mission $132$224,436
Part IX · Statement of functional expenses $128,807 across 4 lines filed
IX-11g Other fees for servicesPrograms $121,702$121,702
IX-13 Office expensesManagement $147$147
IX-14 Information technologyPrograms $369$369
IX-17 TravelPrograms $6,589$6,589
IX-25 Total functional expensesPrograms $128,660 · Management $147 · Fundraising $0$128,807
Part X · Balance sheet $99,819 assets, 7 lines filed
X-1 Cash, non-interest-bearing$99,819
X-16 Total assetsStart of year $0$99,819
X-17 Accounts payable and accrued expenses$4,190
X-26 Total liabilitiesStart of year $0$4,190
X-27 Net assets without donor restrictions$95,629
X-32 Total net assets or fund balancesStart of year $0$95,629
X-33 Total liabilities and net assetsStart of year $0$99,819
Part XI · Reconciliation of net assets $95,629 net assets at year end
XI-1 Total revenue$224,436
XI-2 Total expenses$128,807
XI-3 Revenue less expenses$95,629
XI-10 Net assets at end of year$95,629

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

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