Shadhika Project Inc
- Assets
- $851.8k
- Revenue
- $851.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Denver, CO
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 77-0344785
Organization Overview
Shadhika Project Inc is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Shadhika Project Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shadhika Project Inc 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 12/2021, Shadhika Project Inc generated $851.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $622.6k during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING AND SUPPORT TO WOMEN-LED NON-PROFITS IN INDIA THAT ARE WORKING TO EMPOWER GIRLS SO THAT THEY CAN REALIZE A BETTER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHADHIKA'S MISSION IS TO INSPIRE A CULTURE SHIFT IN INDIA BY ENSURING EVERY YOUNG WOMAN IS EMPOWERED TO REALIZE HER FULL POTENTIAL. SHADHIKA BELIEVES IN A FUTURE WHERE EACH YOUNG PERSON IN INDIA CAN CHOOSE THEIR OWN PATH TO MEANING, PURPOSE, AND HAPPINESS. THIS VISION CAN ONLY BE FULLY REALIZED WHEN A PERSON'S GENDER IDENTITY IS SEEN AS AN ASSET IN THEIR COMMUNITY AND THE WORLD AT LARGE, AND THEIR UNIQUE CONTRIBUTIONS ARE EMBRACED. SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
My Lo Cook CEO & Presid | Officer | 40 | $82,514 |
Diane Sigel Chair/interi | OfficerTrustee | 1 | $0 |
Vanessa Chauhan Secretary | OfficerTrustee | 1 | $0 |
Lisa Acree Vice Chair | OfficerTrustee | 1 | $0 |
Menka Lamba Board Member | Trustee | 1 | $0 |
Tara Risser Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,274 |
| Related organizations | $0 |
| Government grants | $69,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $706,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $852,433 |
| Total Program Service Revenue | $0 |
| Investment income | $536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,776 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $851,487 |
| 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 | $259,986 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,514 |
| Compensation of current officers, directors, key employees. | $16,503 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,085 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,511 |
| Payroll taxes | $17,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,882 |
| Advertising and promotion | $18,324 |
| Office expenses | $10,705 |
| Information technology | $8,123 |
| Royalties | $0 |
| Occupancy | $11,305 |
| Travel | $7,122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,883 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,162 |
| All other expenses | $0 |
| Total functional expenses | $622,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,359 |
| Savings and temporary cash investments | $545,771 |
| Pledges and grants receivable | $164,545 |
| Accounts receivable, net | $6,688 |
| 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 | $13,611 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $30,873 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $851,847 |
| Accounts payable and accrued expenses | $17,873 |
| 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 | $0 |
| Total liabilities | $17,873 |
| Net assets without donor restrictions | $776,858 |
| Net assets with donor restrictions | $57,116 |
| 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 | $851,847 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Shadhika Project Inc has recieved totaling $216,774.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $80,310 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $50,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $36,959 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,387 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $11,672 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $9,446 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orphan Grain Train Inc Norfolk, NE | $23,468,365 | $39,686,320 |
Srd Foundation Overland Park, KS | $2,172,810 | $21,260,144 |
Bethesda Ministries Colorado Springs, CO | $4,747,799 | $19,748,922 |
Mercy Without Limits Inc Overland Park, KS | $12,804,274 | $19,965,180 |
Humanitarian Experience Inc Salt Lake City, UT | $1,258,081 | $14,822,616 |
Lifting Hands International Salt Lake City, UT | $502,685 | $8,241,355 |
Childrens Hopechest Inc Palmer Lake, CO | $1,198,325 | $5,781,383 |
Opportunity Education Foundation Aurora, CO | $3,852,642 | $9,119,900 |
Educate Denver, CO | $12,591,345 | $6,072,389 |
Free The Oppressed Colorado Springs, CO | $6,590,953 | $9,061,725 |
Love Justice International Lincoln, NE | $1,486,894 | $4,623,371 |
Love In Action Colorado Springs, CO | $123,482,303 | $32,008,733 |