2024-11-25T12:09:51-06:00 2023-12-31 420714325 RSM US LLP 201 FIRST ST SE STE 800 CEDAR RAPIDS IA 524011425 990 2023-01-01 760620808 PRATHAM USA PRAT 7137749599 9703 RICHMOND AVENUE SUITE 102 HOUSTON TX 77042 MANISHA BHARTI CEO & GLOBAL EXECUTIVE 7137749599 2024-11-21 1 0 SHAWNA HULS P01315330 3192985333 2024-11-14 2023 2024-10-15 13:58:12Z MANISHA BHARTI 9703 RICHMOND AVENUE SUITE 102 HOUSTON TX 77042 31705685 0 X WWW.PRATHAMUSA.ORG X 1999 TX PRATHAM USA'S PRIMARY OBJECTIVES ARE RAISING FUNDS TO SUPPORT PRATHAM'S EDUCATIONAL, VOCATIONAL TRAINING AND RELATED ACTIVITIES, PROVIDING GUIDANCE ON THE USE OF PRATHAM USA FUNDS BY PRATHAM, INCREASING AWARENESS OF THE PROBLEMS OF THE UNDERPRIVILEGED IN THE COUNTRIES SERVED BY PRATHAM, OVERSEEING THE DEVELOPMENT AND USE OF THE PRATHAM USA BRAND, AND PROVIDING AND PROMOTING VARIOUS EDUCATIONAL, TRAINING, AND RELATED ACTIVITIES IN INDIA AND OTHER PARTS OF THE WORLD. 24 24 26 350 0 0 22618199 22291869 140470 169499 52482 490840 -316513 183228 22494638 23135436 19159488 18480657 0 0 2604959 3306078 0 0 3584485 4234249 3297414 25998696 25084149 -3504058 -1948713 29484150 20701554 7829384 728219 21654766 19973335 X PRATHAM USA'S PRIMARY OBJECTIVES ARE RAISING FUNDS TO SUPPORT PRATHAM'S EDUCATIONAL, VOCATIONAL TRAINING AND RELATED ACTIVITIES, PROVIDING GUIDANCE ON THE USE OF PRATHAM USA FUNDS BY PRATHAM, INCREASING AWARENESS OF THE PROBLEMS OF THE UNDERPRIVILEGED IN THE COUNTRIES SERVED BY PRATHAM, OVERSEEING THE DEVELOPMENT AND USE OF THE PRATHAM USA BRAND, AND PROVIDING AND PROMOTING VARIOUS EDUCATIONAL, TRAINING, AND RELATED ACTIVITIES IN INDIA AND OTHER PARTS OF THE WORLD. 0 0 7558566 7558566 0 PRATHAM'S EDUCATION PROGRAMS FOCUS ON THREE MAJOR AGE GROUPS OF CHILDREN: IN THEIR EARLY YEARS (AGES 3-8) BY HELPING CHILDREN PREPARE FOR SCHOOL; IN PRIMARY SCHOOL YEARS (AGES 8-10) BY DEVELOPING READING, WRITING AND NUMERACY SKILLS THROUGH ENGAGING, HANDS-ON ACTIVITIES THAT HAVE BEEN SHOWN TO IMPROVE LEARNING DRASTICALLY; AND MIDDLE AND HIGH SCHOOL YEARS (AGES 11-18) IN BUILDING THEIR SKILLS FOR SCHOOL, WORK AND LIFE. PRATHAM'S WORK IS BOTH IN SCHOOLS AND COMMUNITIES. IN ADDITION, PRATHAM ALSO WORKS WITH LOCAL GOVERNMENTS TO TRANSFER KNOW-HOW AND TO SUPPORT LEARNING FOR MILLIONS OF CHILDREN. 4442700 3431007 169499 PRATHAM'S TEACHING AT THE RIGHT LEVEL (TARL) PROGRAM BUILDS FOUNDATIONAL READING AND MATH SKILLS IN PRIMARY SCHOOL CHILDREN. THIS PROGRAM, WHICH HAS BEEN TRIED AND TESTED FOR SEVERAL YEARS IN INDIA, IS NOW BEING REPLICATED IN PARTNERSHIP WITH THE ABDUL LATIF JAMEEL POVERTY ACTION LAB (J-PAL) IN A FEW COUNTRIES IN AFRICA. PRATHAM IS THE TECHNICAL PARTNER SUPPORTING GOVERNMENTS AND LOCAL ORGANIZATIONS IN AFRICA IN THE IMPLEMENTATION OF THE TARL METHOD. 2317834 2317834 0 THE VOCATIONAL SKILLS TRAINING PROGRAM PREPARES INDIA'S YOUTH FOR SUCCESS BY TEACHING RELEVANT SKILLS FOR TODAY. THE PROGRAM TAKES YOUTH AND PUTS THEM THROUGH VIRTUAL AND HANDS-ON TRAINING OFFERED ACROSS MULTIPLE INDUSTRIES: HOSPITALITY, CONSTRUCTION, AUTOMOTIVE, BEDSIDE ASSISTANCE, ETC. THE PROGRAM ALSO OFFERS ENTREPRENEURSHIP SUPPORT FOR THOSE WHO WISH TO START THEIR OWN MICRO ENTERPRISES. 2841813 2833250 AMOUNTS RAISED FOR PCVC, CIVIL, AND OTHER PROGRAMS, AND FOR GENERAL OPERATING SUPPORT OF PRATHAM EDUCATION FOUNDATION 1625383 1520000 0 PRATHAM HAS BEEN EXPLORING HOW TECHNOLOGY CAN AUGMENT OUR EXISTING PROGRAMS, HELP CHILDREN SUSTAIN THE PROGRESS THEY'VE MADE, AND ENABLE STUDENTS TO BECOME LEARNERS OUTSIDE OF SCHOOL. USING CONTINUOUS DATA ANALYSIS TO DETERMINE WHAT CONTENT IS RELEVANT AND ENGAGING, OUR GOAL IS TO DEVELOP VIABLE STUDENT-FOCUSED MODELS THAT CAN ACCOMPANY MORE TRADITIONAL TEACHER-CENTRIC APPROACHES TO SCALE PRATHAM'S METHODOLOGIES ACROSS INDIA'S SCHOOL-AGE POPULATION. 820000 820000 ASER: PRATHAM'S ANNUAL STATUS OF EDUCATION REPORT (ASER) MEASURES BASIC LITERACY AND NUMERACY SKILLS, REVEALING THE UNSPOKEN PROBLEM THAT SCHOOL ENROLLMENT DOES NOT AUTOMATICALLY TRANSLATE INTO LEARNING. DESPITE INDIA ACHIEVING 97% SCHOOL ENROLLMENT, POOR ATTENDANCE, OVERSIZED CLASSES, AND ANTIQUATED TEACHING METHODS HAVE LED TO A LEARNING CRISIS. THE DATA WE'VE COLLECTED SINCE 2005 THROUGH OUR NATIONWIDE SURVEYS HAS BECOME AN ESSENTIAL REFERENCE GUIDE FOR THE REAL STATUS OF CHILDREN'S LEARNING ACROSS THE COUNTRY. OUR DATA ENABLES CITIZENS TO DEMAND ACTION AND GOVERNMENTS TO MAKE INFORMED DECISIONS. 5287196 5173250 0 19606296 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 26 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 TX X X VIKAS BAHL 7137749599 9703 RICHMOND AVENUE SUITE 102 HOUSTON TX 77042 X SETHIA DHIREN EXECUTIVE CHAIR/DIRECTOR 15.00 X X 0 0 0 JAIN SWATANTRA CFO AND DIRECTOR 0.50 X X 0 0 0 ACHARYA VIRAL DIRECTOR 0.25 X 0 0 0 AHUJA AVINASH DIRECTOR (UNTIL 3/31/23) 0.25 X 0 0 0 ARORA SUDESH DIRECTOR (UNTIL 3/31/23) 0.25 X 0 0 0 DEVITRE DINYAR DIRECTOR 5.00 X 0 0 0 GORADIA MARIE DIRECTOR (UNTIL 3/31/23) 0.25 X 0 0 0 GULATI SHEILA DIRECTOR 0.25 X 0 0 0 GUPTA SUREN DIRECTOR 0.25 X 0 0 0 JAISINGHANI SUMEET DIRECTOR 0.25 X 0 0 0 KHANNA JAIDEEP DIRECTOR 0.50 X 0 0 0 KHOSA RATTAN DIRECTOR 0.25 X 0 0 0 KHOSLA VICTOR DIRECTOR 0.25 X 0 0 0 MULANI NARENDRA DIRECTOR 0.25 X 0 0 0 PALIWAL ILA DIRECTOR 0.25 X 0 0 0 PANDIAN PAUL DIRECTOR (UNTIL 3/31/23) 0.25 X 0 0 0 RAJ DEEPAK DIRECTOR 2.00 X 0 0 0 SABOO JAI VARDHAN DIRECTOR 1.00 X 0 0 0 SANGER ARVIND DIRECTOR 0.25 X 0 0 0 SARMA ADARSH DIRECTOR 0.25 X 0 0 0 SHAH NEHA VICE CHAIR 1.00 X 0 0 0 SHAH RAJ VICE CHAIR 1.00 X 0 0 0 SIKKA VANDANA DIRECTOR 0.25 X 0 0 0 SINGH GAGAN DIRECTOR 1.00 X 0 0 0 SINGH MANOJ DIRECTOR 1.00 X 0 0 0 SINGH PRADEEP VICE CHAIR 1.00 X 0 0 0 VALANI RIAZ DIRECTOR 0.25 X 0 0 0 ZAKARIA FAREED DIRECTOR (UNTIL 3/31/23) 0.25 X 0 0 0 SHAH MANAHAR DIRECTOR 0.25 X 0 0 0 BHARTI MANISHA CEO & GLOBAL EXECUTIVE 40.00 X 494934 0 31682 BAHL VIKAS HEAD OF OPERATIONS 40.00 X 193105 0 7708 BRAR ANEETINDER DIRECTOR, INDIVIDUAL PHILANTHROPY 40.00 X 187268 0 15805 DESAI SAGAR KRISHNA DIRECTOR, TECHNOOLOGY 40.00 X 150166 0 3003 GHOSH PRIYANKA DIRECTOR - BRAND AND PR 40.00 X 154588 0 14827 GUPTA RADHIKA DIRECTOR, INDIVIDUAL PHILANTHROPY 40.00 X 130437 0 4126 VENKATACHALAM BALAKRISHNAN COO PRATHAM INTERNATIONAL 40.00 X 255413 0 39375 1565911 0 116526 9 0 1 0 FIRM AFRICA PO BOX 2925-00502 NAIROBI KE INTERNATIONAL CONSULTING 636080 CIPRIANI WALL STREET 55 WALL STREET NEW YORK NY 10005 EVENT VENUE AND SERVICES 203584 STAR GROUP PRODUCTIONS 110 EAST 42ND ST NEW YORK NY 10017 EVENT AUDIO/VISUAL RENTAL & SERVICES 158762 HARSHA SHARMA FLAT 338 FALGSTAFF HOUSE 10 ST GEO LONDON JS UK SW8 2LZ MARKETING SERVICE 158075 ROBYN DETORO 1652 ANGUS STREET INNISFIL ONTARIO CA L9S 0J9 DIGITAL CONSULTING AND MARKETING 154900 9 8445739 230000 13616130 487545 22291869 TEACHING AT THE RIGHT LEVEL 611600 169499 169499 169499 430212 430212 7425684 7365056 60628 60628 60628 1388592 8445739 1205193 183399 183399 EXCHANGE GAIN 900099 -171 -171 -171 23135436 169499 0 674068 3431007 3431007 15049650 15049650 755219 383759 371460 2203519 352775 516902 1333842 77029 13052 18035 45942 109265 21938 29870 57457 161046 21551 38148 101347 46306 46306 218172 218172 3062 3062 714440 21932 312723 379785 79702 2278 77424 751137 613005 116129 22003 199529 1716 88826 108987 27701 27701 266858 77392 61738 127728 1916 1916 11007 11007 12348 12348 CHAPTER AND EVENT EXPEN 787771 6726 781045 CREDIT CARD AND DONATIO 164965 164965 BAD DEBT EXPENSE 12500 12500 25084149 19606296 1893368 3584485 13468832 6547295 9113132 7838953 32017 32750 102470 140177 73767 59182 23843 14585 6736920 6080925 6936 46869 29484150 20701554 187644 256219 7641740 472000 7829384 728219 X 3509724 10771535 18145042 9201800 21654766 19973335 29484150 20701554 -1948713 294782 -27500 0 X X 0 1 X 1 0 X 25019300 23650730 25455886 22618199 22264369 119008484 25019300 23650730 25455886 22618199 22264369 119008484 13693296 105315188 46 36 16 51427 430212 481737 287039 287039 503 503 119777763 465299 0.87930 0.84810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6638812 0 515535 1500000 0 0 5654347 6500000 138812 6638812 1.00000 0.00000 0.00000 0 0 9713 64054 59182 14585 14585 X 23420158 294782 20502 -27500 287784 23132374 3062 3062 23135436 25101589 20502 20502 25081087 3062 3062 25084149 PART V, LINE 4: TO BENEFIT THE OVERALL GOALS OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT RECOGNIZES THE IMPACT OF AN UNCERTAIN TAX POSITION ONLY IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY BASED ON THE TECHNICAL MERITS. THE ORGANIZATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATING TO UNCERTAIN TAX POSTIIONS IN THE CURRENT PERIOD STATEMENT OF ACTIVITIES, IF NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRIOR PERIOD ADJUSTMENTS -27,500. 1 SOUTH ASIA 0 0 GRANTS FOR PROGRAM SERVICES EDUCATION 13529650 SOUTH ASIA 0 1 GRANTS FOR PROGRAM SERVICES DIGITAL TOOLS DEVELOPMENT 1520000 SOUTH ASIA 0 0 PROGRAM SERVICES EDUCATION PROGRAM TRAINING & CAPACITY BUILDING 17609 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES EDUCATION PROGRAM TRAINING & CAPACITY BUILDING 622393 MIDDLE EAST AND NORTH AFRICA 1 1 FUNDRAISING 203159 SOUTH ASIA 0 0 PROGRAM SERVICES DIGITAL TOOLS DEVELOPMENT 40994 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EDUCATION PROGRAM TRAINING & CAPACITY BUILDING 20276 1 2 0 0 1 2 15954081 0 15954081 SOUTH ASIA EDUCATIONAL PURPOSE 14336400 WIRE TRANSFER 0 N/A N/A SOUTH ASIA EDUCATIONAL PURPOSE 637500 WIRE TRANSFER 0 N/A N/A SOUTH ASIA EDUCATIONAL PURPOSE 60000 WIRE TRANSFER 0 N/A N/A SOUTH ASIA EDUCATIONAL PURPOSE 15750 WIRE TRANSFER 0 N/A N/A 4 0 0 0 0 0 0 0 PART I, LINE 2: PRATHAM EDUCATION FOUNDATION SHARES AN ANNUAL PLAN ON HOW THE UNRESTRICTED FUNDS RAISED BY PRATHAM USA WILL BE UTILIZED. THE PLAN IS REPORTED AT THE PRATHAM USA BOARD MEETING ON THE ACTUAL FUNDS ALLOCATED / UTILIZED. IN THE CASE OF RESTRICTED FUNDS, THE GRANT AGREEMENTS HAVE SPECIFIC TIMELINES TO REPORT THE PROGRESS AS WELL AS UTILIZATION OF FUNDS. IN ADDITION, THREE PRATHAM USA DIRECTORS SIT ON THE BOARD OF PRATHAM EDUCATION FOUNDATION, AND THEY REVIEW THE OVERALL PROGRESS OF PRATHAM EDUCATION FOUNDATION'S WORK INCLUDING FUNDING AND UTILIZATION. GALAS 9543094 8192907 1350187 95 285988 335842 395255 162939 EVENTS 291237 252832 38405 5000 13129 6945 9834331 8445739 1388592 95 290988 348971 402200 162939 1205193 183399 1 PRATHAM INTERNATIONAL 8 THE GREEN SUITE B DOVER DE 19901 920761459 501(C)(3) 3423647 7360 BOOK LAPTOPS TO SUPPORT GENERAL OPERATIONS AND MISSION. 1 0 PART I, LINE 2: MONITORING IS AT THE DISCRETION OF PRATHAM USA AS DEEMED NECESSARY. 1 X X 0 0 0 0 0 0 0 0 0 BHARTI MANISHA CEO & GLOBAL EXECUTIVE 494934 0 0 0 0 0 11366 0 20316 0 526616 0 0 0 VENKATACHALAM BALAKRISHNAN COO PRATHAM INTERNATIONAL 255413 0 0 0 0 0 10336 0 29039 0 294788 0 0 0 BRAR ANEETINDER DIRECTOR, INDIVIDUAL PHILANTHROPY 164603 0 22665 0 0 0 7068 0 8737 0 203073 0 0 0 BAHL VIKAS HEAD OF OPERATIONS 177913 0 5064 0 10128 0 0 0 7708 0 200813 0 0 0 GHOSH PRIYANKA DIRECTOR - BRAND AND PR 154588 0 0 0 0 0 6090 0 8737 0 169415 0 0 0 DESAI SAGAR KRISHNA DIRECTOR, TECHNOOLOGY 150166 0 0 0 0 0 3003 0 0 0 153169 0 0 0 X 32 348237 FMV X AUCTION ITEMS 16 125788 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO & GLOBAL EXECUTIVE AND THE CHAIRMAN BEFORE FILING. ONCE APPROVED, THE BOARD MEMBERS WILL RECEIVE A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE POLICY IS PROVIDED BY EACH EMPLOYEE, OFFICER AND DIRECTOR. ONCE A YEAR, A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT TO BE UPDATED BY EACH EMPLOYEE, OFFICER AND DIRECTOR. EACH EMPLOYEE, OFFICER AND DIRECTOR IS REQUESTED TO NOTIFY IF THERE HAS BEEN A CHANGE THAT WOULD GENERATE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND A DISCUSSION WITH THE CHAIRMAN OF THE BOARD AFTER WHICH A DECISION IS MADE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, PRATHAM USA WILL PROVIDE THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE PROVIDED AND CAN BE INSPECTED AT THE ORGANIZATION'S WEBSITE. FORM 990, PART VII, LINE 1A: VIKAS BAHL, HEAD OF OPERATIONS, WAS COMPENSATED THROUGH AN UNRELATED UAE ENTITY FOR SERVICES PROVIDED TO PRATHAM USA, THE FILING ORGANIZATION. THIS COMPENSTION HAS BEEN REPORTED ON PART VII AS WELL AS SCHEDULE J. PART XII, LINE 2C EXPLANATION THERE WAS NO CHANGE IN THE OVERSIGHT OF THE AUDIT OF PRATHAM USA FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT FROM PRIOR YEAR.