Ashoka
- Assets
- $89.4m
- Revenue
- $25.8m
- Investments
- $0.0
- Employees
- 108
- Location
- Arlington, VA
- Founding
- 01/1981
- Data as of
- 08/2023
- EIN
- 51-0255908
Organization Overview
Ashoka is located in Arlington, VA. The organization was established in 1981. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 08/2023, Ashoka employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashoka 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 08/2023, Ashoka generated $25.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $46.0m during the year ending 08/2023. While expenses have increased by 11.2% per year over the past 8 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 2014, Ashoka has awarded 61 individual grants totaling $1,883,688. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOBILIZE A MOVEMENT TO BUILD AN "EVERYONE A CHANGEMAKER" WORLD.
Describe the Organization's Program Activity:
ONE SEARCH:FINDING, SELECTING AND SUPPORTING THE WORLD'S LEADING SOCIAL ENTREPRENEURS, NEXT GENERATION LEADERS, AND YOUNG CHANGEMAKERS.
CORE STAKEHOLDERS:SELECTING AND ENGAGING KEY PARTNERS WHO WILL WORK WITH ASHOKA TO CREATE SOCIETAL CHANGE.
ONE COMMUNITY:BRINGING THE FULL ASHOKA COMMUNITY TOGETHER TO SUPPORT EACH OTHER AND COLLECTIVELY SOLVE PROBLEMS.
EACH/NEW PURPOSES:BUILDING MOVEMENTS OF CHANGEMAKERS TO ADVANCE SOCIETY WHERE THE WORLD MOST NEEDS TO CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Drayton Chairman | OfficerTrustee | 40 | $137,201 |
Kyle Zimmer Director | Trustee | 2 | $0 |
Sara Horowitz Director | Trustee | 2 | $0 |
Felipe Vergara Director | Trustee | 2 | $0 |
Sushmita Gosh Director | Trustee | 2 | $0 |
Roger Harrison Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qed42 Engineering Pvt Ltd Drupal Development Support | 8/30/23 | $243,766 |
The Ford Agency Inc Temporary Employee Consulting Services | 8/30/23 | $207,961 |
The Brookings Institution Valuing Homes In Black-majority Neighbou | 8/30/23 | $150,000 |
Global Printing Inc Dba More Vang Printing Services | 8/30/23 | $257,807 |
Oremus Corporation Na Accounting Support Services | 8/30/23 | $347,488 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,743,223 |
| Noncash contributions included in lines 1a–1f | $282,814 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,743,223 |
| Total Program Service Revenue | $887,076 |
| Investment income | $725,731 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $61,365 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,830,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,165 |
| Grants and other assistance to domestic individuals. | $1,499,747 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,680,411 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,066,464 |
| Compensation of current officers, directors, key employees. | $113,136 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,109,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,531,339 |
| Payroll taxes | $2,730,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $91,494 |
| Fees for services: Accounting | $807,374 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,799,609 |
| Advertising and promotion | $134,010 |
| Office expenses | $738,825 |
| Information technology | $429,658 |
| Royalties | $0 |
| Occupancy | $622,715 |
| Travel | $1,818,418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $805,200 |
| Interest | $93,508 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $320,544 |
| Insurance | $181,779 |
| All other expenses | $0 |
| Total functional expenses | $46,025,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,732,078 |
| Savings and temporary cash investments | $5,058,283 |
| Pledges and grants receivable | $16,653,642 |
| 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 | $1,217,555 |
| Net Land, buildings, and equipment | $879,846 |
| Investments—publicly traded securities | $50,335,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $479,093 |
| Total assets | $89,355,676 |
| Accounts payable and accrued expenses | $3,402,033 |
| Grants payable | $7,385,803 |
| 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 | $1,218,826 |
| Total liabilities | $12,006,662 |
| Net assets without donor restrictions | $14,612,332 |
| Net assets with donor restrictions | $62,736,682 |
| 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 | $89,355,676 |
Grants Awarded
Over the last fiscal year, Ashoka has awarded $168,532 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ENTERPRISE COMMUNITY PARTNERS INC PURPOSE: AWARD | $17,500 |
GOOD CALL NYC CO PURPOSE: AWARD | $16,032 |
FAMILY HOUSING FUND PURPOSE: AWARD | $10,000 |
HOUSTON COMMUNITY LAND TRUST PURPOSE: AWARD | $10,000 |
BENJAMIN BANNEKER DEVELOPMENT CORPORATION PURPOSE: AWARD | $7,500 |
PARITY BALTIMORE INCORPORATED PURPOSE: AWARD | $7,500 |