AKANKSHA EDUCATION FUND INC Charity Report

Public IRS 990 nonprofit record

AKANKSHA EDUCATION FUND INC

EIN 13-3976569 · International, Foreign Affairs & National Security (Q123)

What they do

to SUPPORT EDUCATIONAL OPPORTUNITIES for UNDERSERVED CHILDREN IN INDIA, and RAISING SUPPORT for and AWARENESS of SUCH ACTIVITIES IN THE UNITED STATES. THROUGH ITS ACTIVITIES, AKANKSHA EDUCATION FUND INC. ENABLES SOME of THE MOST MARGINALIZED CHILDREN IN THE WORLD to MAXIMIZE THEIR POTENTIAL and TRANSFORM THEIR LIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

101.85%of revenue went to mission work73.9% of expenses · Program services

22.19%of revenue went to fundraising16.1% of expenses

$137.85spent for every $100 of revenueSpending was higher than revenue this year.

13.81%of revenue went to management and office costs10.0% of expenses

$2.11in assets for every $1 spent this yearSome assets cannot be spent right away.

93.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $380,910 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $184,354 for SEJAL DESAI (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,006,304

Mission workProgram services$1,024,913101.85% of revenue73.9% of expenses

ManagementOffice and general costs$138,99813.81% of revenue10.0% of expenses

FundraisingAsking for donations$223,30322.19% of revenue16.1% of expenses

Total expenses$1,387,214137.85% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.9% mission · 10.0% management · 16.1% fundraisingTotal expenses: 137.85% of revenue

2023Expense mix: 86.0% mission · 7.7% management · 6.3% fundraisingTotal expenses: 113.13% of revenue

2022Expense mix: 82.4% mission · 9.7% management · 7.8% fundraisingTotal expenses: 73.56% of revenue

2021Expense mix: 84.6% mission · 7.1% management · 8.3% fundraisingTotal expenses: 74.46% of revenue

2020Expense mix: 83.6% mission · 8.0% management · 8.5% fundraisingTotal expenses: 121.57% of revenue

2019Expense mix: 82.8% mission · 5.8% management · 11.3% fundraisingTotal expenses: 113.00% of revenue

2018Expense mix: 77.8% mission · 3.9% management · 18.3% fundraisingTotal expenses: 60.10% of revenue

2017Expense mix: 87.2% mission · 6.2% management · 6.6% fundraisingTotal expenses: 122.91% of revenue

Money in and money out

Revenue$1,006,304

Expenses$1,387,214

Annual shortfall $380,910 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,024,913 · 73.9% of expenses

Management and office costs$138,998 · 10.0% of expenses

Fundraising$223,303 · 16.1% of expenses

See all reported dollar amounts

Revenue$1,006,304

Expenses$1,387,214

Assets$2,922,986

Income$1,006,304

Contributions$936,701

Mission work (program services)$1,024,913

Fundraising$223,303

Grants given$1,037,444

Average grant$148,206

Management and general$138,998

Executive compensation (total)$179,184

Stocks and bonds$1,546,012

Accounting fees$32,874

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SEJAL DESAIEXECUTIVE DIRECTOR · 40 hrs/week $184,354Base $173,919 · Other $10,435

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

SEJAL DESAIEXECUTIVE DIRECTOR

PULKESHI JAPEDIRECTOR

SRIVIDYA PRAKASHDIRECTOR

SHANKAR IYERPRESIDENT

SARAH H ROBERTSDIRECTOR

SACHIN JINDALDIRECTOR

RUYINTAN MEHTADIRECTOR

REENA BATRADIRECTOR

RAMESH SRINIVASANDIRECTOR

AMIR MIRZADIRECTOR

NYMRATA ADVANIDIRECTOR

MONICA SHETHDIRECTOR

MEDHA PRAKASHDIRECTOR

KATE SHOEMAKERSECRETARY

FALGUNI MALKANITREASURER

BHARTI MALKANIVICE PRESIDENT

ANJALI MELWANIDIRECTOR

About this charity

Recognized since: January 1998
Location: PO BOX 2038, NEW YORK, NY 10113-2038
County: New York
In care of: % KRA LLC
Primary officer: AMIR MIRZA, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@akankshafund.org Phone(917) 930-6515

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: International, Foreign Affairs & National Security (Q123)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes