Indiaspora
- Assets
- $2.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 12
- Location
- San Francisco, CA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-4246368
Organization Overview
Indiaspora is located in San Francisco, CA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Indiaspora employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiaspora is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Indiaspora generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 54.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 46.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Indiaspora has awarded 16 individual grants totaling $4,184,801. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORMING THE SUCCESS OF THE INDIAN DIASPORA INTO MEANINGFUL IMPACT WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASING THE IMPACT OF THE INDIAN DIASPORA WORLDWIDEABOUT:IN LINE WITH ITS MISSION, INDIASPORA CONTINUED ITS ACTIVITIES TO TRANSFORM THE SUCCESS OF THE INDIAN DIASPORA INTO MEANINGFUL IMPACT WORLDWIDE, WE ESTABLISHED AND EXPANDED INDIAN DIASPORA RELATIONSHIPS WITH PROMINENT INDIAN LEADERS IN THE UNITED STATES, INDIA AND SEVERAL OTHER COUNTRIES. WE ORGANIZED A VIRTUAL PHILANTHROPY SUMMIT, INFORMING AND EDUCATING INDIAN DIASPORA AND INDIAN PARTICIPANTS AROUND PHILANTHROPY AND ENCOURAGING THE INDIAN DIASPORA TO GET MORE PHILANTHROPICALLY INVOLVED. WE ALSO ORGANIZED A VIRTUAL CLIMATE SUMMIT.
AUSTIN FORUM THE INDIASPORA ANNUAL FORUM 2023 WAS A THREE-DAY EVENT CURATED BY INDIASPORA AND WAS HELD AT THE HYATT REGENCY LOST PINES RESORT IN AUSTIN, TEXAS, FROM OCTOBER 13-15, 2023. THIS EXCLUSIVE FORUM, WITH A DEDICATED SPOTLIGHT ON INDIASPORA MEMBERS, HONED IN ON RELATIONSHIP BUILDING BETWEEN THE MEMBERS WHILST CELEBRATING THE SUCCESS STORIES AND ADDRESSING THE CHALLENGES OF THE DIASPORA.
THE INDIASPORA G20 FORUM:ABOUT:FORUM TOOK PLACE BETWEEN 22-24 AUGUST 2023 AT THE HOTEL TAJ PALACE IN NEW DELHI. SEVERAL LUMINARIES FROM THE PUBLIC, BUSINESS AND ACADEMIC SPHERES ATTENDED THE RIVETING DISCUSSIONS AND PARTICIPATED AS SPEAKERS AS WELL. THE FORUM BROUGHT TOGETHER AROUND 300 DIASPORA LEADERS FROM 26 COUNTRIES AND SUCCESSFULLY REALIZED ITS OBJECTIVE OF SERVING AS A ONE-OF-A-KIND PLATFORM TO VOICE THE VIEWS, OPINIONS AND IDEAS OF THE INCREASINGLY INFLUENTIAL INDIAN DIASPORA COMMUNITY WORLDWIDE. THE FORUM WAS ALSO A NOD TO INDIAS G20 PRESIDENCY FOR THE YEAR 2023 AND WAS ORGANIZED KEEPING IN MIND THE NECESSITY OF HAVING A DIALOGUE DEDICATED TO THE INDIAN DIASPORA AS INDIA MARCHES TOWARDS THE HUNDREDTH YEAR OF ITS INDEPENDENCE. THE FORUM FEATURED SEVERAL PLENARY SESSIONS WHICH INCLUDED TALKS, FIRESIDE CHATS AND PANEL DISCUSSIONS ON VARIOUS TOPICS LIKE PHILANTHROPY, TRADE & INVESTMENT AND ENTREPRENEURSHIP & INNOVATION. IT ALSO INCLUDED DIFFERENT BREAKOUT SESSIONS ON SOFT POWER DIPLOMACY, KNOWLEDGE SHARING, HEALTHCARE, AI AND THE LIKE. ALL THE SESSIONS SAW EAGER PARTICIPATION FROM THE AUDIENCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanjeev Y Joshipura Executive Dir. | Officer | 40 | $251,208 |
Neha Dewan Vice President | Officer | 40 | $176,552 |
Shoba Viswanathan Vice President | Officer | 40 | $141,411 |
Manasi Dhame Director | Officer | 40 | $130,891 |
Madhavan Rangaswami Chairman | Officer | 20 | $0 |
Rajan Navani Vice President | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alexander Counts Program Services | 6/29/23 | $247,664 |
Christine M Ramos Event Coordination | 6/29/23 | $361,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,400,470 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,386,463 |
| Noncash contributions included in lines 1a–1f | $24,691 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,786,933 |
| Total Program Service Revenue | $23,838 |
| Investment income | $1,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,812,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,950 |
| Compensation of current officers, directors, key employees. | $45,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $455,535 |
| Pension plan accruals and contributions | $19,059 |
| Other employee benefits | $1,112 |
| Payroll taxes | $38,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,101 |
| Fees for services: Accounting | -$1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,368 |
| Advertising and promotion | $3,490 |
| Office expenses | $9,460 |
| Information technology | $6,494 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $137,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,708 |
| Total functional expenses | $1,297,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,468 |
| Savings and temporary cash investments | $2,152,434 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $2,521,202 |
| Accounts payable and accrued expenses | $29,800 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,943 |
| Total liabilities | $73,743 |
| Net assets without donor restrictions | $2,447,459 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,521,202 |
Grants Awarded
Over the last fiscal year, Indiaspora has awarded $716,654 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF NW MS PURPOSE: FOR CHARITABLE PURPOSES | $7,500 |
GIVE FOUNDATION PURPOSE: FOR CHARITABLE PURPOSES | $709,154 |