Asha For Education
- Assets
- $8.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 77-0459884
Organization Overview
Asha For Education is located in Covina, CA. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asha For Education 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, Asha For Education generated $4.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CATALYZE SOCIOECONOMIC CHANGE IN INDIA THROUGH THE EDUCATION OF UNDERPRIVILEGED CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASHA TRUST ASHA TRUST IS A NON-GOVERNMENT ORGANIZATION THAT PROMOTES EDUCATION IN A POVERTY RIDDEN AND MILITANCY PRONE AREA IN INDIA BY SUPPORTING COMMUNITY WORKERS, TEACHERS, EDUCATIONAL MATERIALS AND EQUIPMENT ESSENTIAL TO RUN PRIMARY, PRE-PRIMARY SCHOOLS AND VOCATIONAL TRAINING CENTERS.
ASHA DARSHAN TRUST ASHA DARSHAN TRUST IS A NON-GOVERNMENT ORGANIZATION THAT PROMOTES EDUCATION IN MILITANCY PRONE AREA BY SUPPORTING COMMUNITY WORKERS, TEACHERS, EDUCATIONAL MATERIAL AND EQUIPMENT ESSENTIAL TO RUN PRIMARY, PRE-PRIMARY SCHOOLS AND VOCATIONAL TRAINING CENTERS.
AVEHI PUBLIC CHARITABLE (EDUCATIONAL) TRUST AVEHI, AUDIO VISUAL EDUCATIONAL RESOURCE CENTER , IS A VOLUNTARY NON-PROFIT ORGANIZATION WHICH WAS BORN OUT OF A BELIEF THAT KNOWLEDGE EMPOWERS AND TO LEVERAGE THE USE OF MULTI-MEDIA TO WIDEN THE HORIZONS FOR CREATING AWARENESS TO PROMOTE SECULARISM, EQUALITY, SOCIAL JUSTICE AND COMMUNAL HARMONY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prema Grandhi President CEO | Officer | 25 | $0 |
Sridhar Dandapanthla Secretary | Officer | 25 | $0 |
Subra Nathan Treasurer | Officer | 25 | $0 |
Padmanava Sen Director Projects | Officer | 25 | $0 |
Amit Sharma Dir It Services | Officer | 25 | $0 |
Anish Mukherjee Dir Public Relations | Officer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,188 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,959,619 |
| Noncash contributions included in lines 1a–1f | $220,325 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,027,807 |
| Total Program Service Revenue | $0 |
| Investment income | $218,237 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$20,246 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,225,798 |
| 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 | $3,094,272 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $88,509 |
| Office expenses | $166 |
| Information technology | $5,797 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23 |
| 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 | $9,786 |
| All other expenses | $0 |
| Total functional expenses | $3,481,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,971,880 |
| Savings and temporary cash investments | $2,112 |
| Pledges and grants receivable | $350,094 |
| Accounts receivable, net | $22,981 |
| 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 | $2,242 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,712,281 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,061,590 |
| Accounts payable and accrued expenses | $19,074 |
| 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 | $19,074 |
| Net assets without donor restrictions | $7,450,909 |
| Net assets with donor restrictions | $591,607 |
| 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 | $8,042,516 |
| Total liabilities and net assets/fund balances | $8,061,590 |