2024-11-10T15:13:33-07:00 2023-12-31 990 2023-01-01 261472911 EDUCATE LANKA FOUNDATION INC EDUC 2404608491 104 Billingsgate Lane Gaithersburg MD 20877 Manjula Dissanayake President 2404608491 2024-11-10 1 2023 2024-10-15 13:58:12Z Manjula Dissanayake 104 Billingsgate Lane Gathersburg MD 20877 100193 0 X www.educatelanka.org X 2007 MD With a firm belief and realization that while talent is universal, opportunity is not, Educate Lanka envisions a world in which opportunities are universal for everyone. It strides towards its vision of democratizing opportunity and unearthing talent and potential of every student by creating a pathway of opportunities that empowers the socioeconomically marginalized with enhanced access to quality and equitable learning, skills, and employment. 4 3 0 40 0 0 44272 22837 87427 72679 1936 4532 0 145 133635 100193 59986 72243 0 0 130368 160720 0 0 32215 22846 28058 213200 261021 -79565 -160828 441063 283971 2404 1540 438659 282431 With a firm belief and realization that while talent is universal, opportunity is not, Educate Lanka envisions a world in which opportunities are universal for everyone. It strides towards its vision of democratizing opportunity and unearthing talent and potential of every student by creating a pathway of opportunities that empowers the socioeconomically marginalized with enhanced access to quality and equitable schooling, learning, and employment. Educate Lanka accomplishes these goals through long-term micro-scholarship funding for the marginalized and complementary learning opportunities and exposure through project-based skills and professional development programs. 0 0 75900 60500 0 Micro-scholarship funding to high-potential children and youth from socioeconomically marginalized backgrounds in Sri Lanka (Educate Lanka Scholars). 19220 12900 0 Social emotional learning skills and professional development training programs for the socioeconomically marginalized students in Sri Lanka (Educate Lanka Scholars). 108580 0 0 Overall direct program servicing activities and portion of administrative efforts in advancing the organization's core mission of providing access to equitable and inclusive learning opportunities for the socioeconomically marginalized. 3000 0 0 Direct economic relief in the form of grocery vouchers for severely impacted socioeconomically marginalized families in the aftermath of Sri Lanka's economic crisis. 3000 0 0 206700 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X Manjula Dissanayake 2404608491 104 Billingsgate Lane Gaithersburg MD 20877 Manjula Dissanayake Executive Director 60 X X X 125000 0 0 Madhujith Hapuarachchi Director 10 0 X 0 0 0 Hasika Pamunuwa Director 5 0 X 0 0 0 Rasan Amintha Director 5 0 X 0 0 0 125000 0 0 1 0 0 0 Manjula Dissanayake 104 Billingsgate Lane Gaithersburg MD 20877 Executive Director 125000 1 0 0 14587 0 0 8250 0 22837 Student Scholarships 611710 53550 53550 0 0 Earned Revenue from Program Partners 611710 19129 19129 0 0 0 0 0 0 72679 4532 4532 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14587 145 145 0 0 145 100193 77356 0 0 0 0 0 0 72243 72243 0 0 125000 87500 12500 25000 35720 28576 5358 1786 1100 550 550 0 41 0 41 0 7343 2937 2937 1469 9087 9087 0 0 7200 3600 0 3600 Bank and Wire Fees 1487 1487 0 0 Out of pocket expenses 1800 720 720 360 261021 206700 22106 32215 27618 4652 395445 251319 0 0 0 0 8000 8000 0 0 0 0 0 0 0 0 10000 20000 0 0 0 0 0 0 0 0 441063 283971 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2404 1540 2404 1540 X 438659 282431 0 0 438659 282431 441063 283971 -160828 0 0 0 4600 0 X 0 0 0 X 129729 99714 79856 133634 100192 543125 129729 99714 79856 133634 100192 543125 105373 437752 32 0 0 0 0 32 543157 0 0.80594 0.87378 X Schedule A, Part II, Line 10 No other income reported this year. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PPP Loan (Not Forgiven) 1540 1540 1 South Asia 1 10 Program Services Carrying out of the core program services, including scholarship distributions, direct economic cash transfers, and skills training and workforce development programs and related operations. 72243 1 10 72243 Annual disbursement of long-term educational micro-scholarships to nearly 500 socioeconomically marginalized students (Educate Lanka Scholars) throughout in Sri Lanka. South Asia 500 72243 Direct cash transfers and bank deposits 0 Mentoring and guidance. Cash 0 0 0 0 0 0 Schedule F, Part I, Line 2 The organization collects and maintains extensive records and databases of its grantees (Educate Lanka Scholars), including receipts of scholarship disbursements, use of scholarship funds by each recipient, their academic updates etc. The organization's staff and community liaisons (volunteers) carry out these efforts as part of their core operational responsibilities. These data and information also get shared with the respective donors of each scholarship recipient. Manjula Dissanayake Executive Director Emergency X 10000 8000 0 1 1 8000 Form 990, Part VI, Section A, Line 2 Director, Hasika Pamunuwa, and Director, Rasan Amintha, are brother-in-laws. Form 990, Part VI, Section B, Line 11b Tax Forms were prepared by the Executive Director and shared for review and approval by the Board. Form 990, Part VI, Section B, Line 12c Discussed during Board meetings. Form 990, Part VI, Section B, Line 15 The determination of compensation of Executive Director (only paid director) was deliberated and determined based on industry and country-specific benchmarks and organization's available budget, and was reviewed and approved by the Board. Form 990, Part VI, Section C, Line 19 Upon request. Not late as it's filed within the approved extended deadline of November 15th 2024.