AN EXEMPLARY RECORD OF FINANCIAL STEWARDSHIP
Pratham USA is a 501(c)(3) nonprofit organization. We are proud of our exemplary record in using donor contributions responsibly and efficiently. Since our inception, we have focused on keeping our overhead low and maximizing the impact of every dollar received. Through its annual ranking, Charity Navigator has recognized Pratham USA for our adherence to good governance and other best practices that minimize the chance of unethical activities and for consistently executing our mission in a fiscally responsible way.
ALLOCATION OF US FUNDS BY PROGRAM AREA
In FY 2015, Pratham USA achieved revenues of $16.8 million. Thanks to the support of our donors, including the Skoll and Hewlett Foundations, we were able to maintain our level of investment in programs. Below is a breakdown of the allocation of US funds by program area.
FINANCIALS - PRATHAM EDUCATION FOUNDATION
April 1, 2015 - March 31, 2016Since the accounting period in India (April–March) differs from the one adopted in the US (January–December), there may be funds that are not utilized in the calendar year. Any remaining funds will be utilized on programs in the first quarter of 2016.
Pannell Kerr Forster of Texas, PC
Tax Consultants: RSM US LLP
GIVE WITH CONFIDENCE
For six straight years, Pratham USA has earned a four-star rating from Charity Navigator for our “sound fiscal management” and “commitment to accountability and transparency,” a distinction that places Pratham USA in the top 4% of 1.5 million American charities.
Donors can give with confidence knowing that over 92% of funds raised by Pratham USA go directly to support our programs in India.