INK GLOBAL FOUNDATION

EIN: 845191117 501(c)(3) Youth Development

LOS ALTOS HILLS, CA

Total Revenue
$286,914
Total Expenses
$221,302
Total Assets
$302,404
Net Assets
$302,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
ANURADHA SETHURAM
Phone
5104491475
Tax Period
2023-01-01 to 2023-12-31

INK GLOBAL FOUNDATION, founded in 2020, is a small nonprofit in the Youth Development sector that reported $287K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $66K, a strong 23% operating margin.

Mission

PROVIDING GLOBAL INNOVATORS FROM INDIA THE MEANS TO ACCELERATE THEIR JOURNEY TO SUCCESS - BY ESTABLISHING A NETWORK OF ACTIVITIES AND CREATING A STRONG PEER NETWORK FOR A LONG TERM SELF-SUSTAINABLE MODEL.

Program Service Accomplishments

Program 1
Expenses: $214,238

THE PURPOSE OF INK GLOBAL FOUNDATION IS TO ACCELERATE THE JOURNEYS OF GAME CHANGERS FROM ACROSS THE GLOBE - INCLUDING SUPPORTING INK FELLOWS FROM INDIA AND OTHER FELLOWS WE MAY CHOOSE FROM THE REST...

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THE PURPOSE OF INK GLOBAL FOUNDATION IS TO ACCELERATE THE JOURNEYS OF GAME CHANGERS FROM ACROSS THE GLOBE - INCLUDING SUPPORTING INK FELLOWS FROM INDIA AND OTHER FELLOWS WE MAY CHOOSE FROM THE REST OF THE WORLD. FURTHER, THE FOUNDATION WILL SUPPORT OTHER PROGRAMS DESIGNED SUPPORTING THE SUSTAINABLE DEVELOPMENT GOALS. THE PURPOSE OF THE FOUNDATION IS MET BY: -PROVIDING NECESSARY RESOURCES AND INTERNATIONAL EXPOSURE TO THE GLOBAL INNOVATORS FROM ACROSS INDIA AS WELL AS OUTSIDE INDIA -ESTABLISHING A NETWORK OF PHYSICAL AND ONLINE ACTIVITIES, THUS CREATING A STRONG PEER AND RESOURCE NETWORK THAT IS SUSTAINABLE AND REPLICABLE. -HOST EVENTS AND GATHERINGS TO RESEARCH AND CULTIVATE A GLOBAL DONOR BASE THAT WANTS TO SUPPORT THE FOUNDATION ACTIVITIES

Program 2

CURRENTLY, OUR PROGRAM SELECTS AND SUPPORTS INNOVATORS FROM ACROSS THE GLOBE WHO ARE WORKING TOWARDS PERSISTENT INTERNATIONAL ISSUES AND CREATING SOLUTIONS THAT CAN BE USED AND ADAPTED WORLDWIDE...

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CURRENTLY, OUR PROGRAM SELECTS AND SUPPORTS INNOVATORS FROM ACROSS THE GLOBE WHO ARE WORKING TOWARDS PERSISTENT INTERNATIONAL ISSUES AND CREATING SOLUTIONS THAT CAN BE USED AND ADAPTED WORLDWIDE. STARTED IN 2010, THE INK FELLOWS PROGRAM IS A GLOBAL CROSS-DISCIPLINARY COMMUNITY OF YOUNG PATH- BREAKERS WHO, WE BELIEVE, WILL BE THE SHAPERS OF TOMORROW. EVERY YEAR, FROM THOUSANDS OF APPLICATIONS, WE IDENTIFY 20 YOUNG MINDS THAT ARE REDEFINING THEIR FIELDS OF EXPERTISE AND THE WORLD AROUND THEM. TODAY THE PROGRAM HAS GROWN INTO A STEADFAST NETWORK OF OVER-220 YOUNG THINKERS FROM DIVERSE DISCIPLINES AND CONTINENTS.

Program 3

IN ADDITION, WE ARE DESIGNING WOMEN'S INK, WHICH IS A FELLOWSHIP TO IDENTIFY AND NURTURE MID CAREER WOMEN (FOCUS ON DIVERSITY OF DISCIPLINE, AGE, ECONOMIC STRATA, DISABILITY) THE MISSION OF ALL THE...

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IN ADDITION, WE ARE DESIGNING WOMEN'S INK, WHICH IS A FELLOWSHIP TO IDENTIFY AND NURTURE MID CAREER WOMEN (FOCUS ON DIVERSITY OF DISCIPLINE, AGE, ECONOMIC STRATA, DISABILITY) THE MISSION OF ALL THE PROGRAMS HOSTED BY THE FOUNDATION IS TO ACCELERATE THE JOURNEY OF CHANGEMAKERS, BY GIVING THEM A PLATFORM FOR INTERNATIONAL EXPOSURE, A STRONG PEER NETWORK, SPURRING COLLABORATIONS, FUNDING AND MENTORSHIP SUPPORT. WE AIM TO IDENTIFY THESE CHANGEMAKERS AND HELP THEM SUCCEED, BY GIVING VOICE TO THEIR UNTOLD STORIES AND VISIBILITY TO THEIR INNOVATIVE SOLUTIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $286,914
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $286,914

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,304
Fundraising Expenses $0
Program Expenses $214,238
Other Expenses $123,998
TOTAL EXPENSES $221,302

Year-over-Year Comparison

2023 2022 Change
Revenue $286,914 $314,260 -0.1%
Expenses $221,302 $103,083 +1.1%
Net Income $65,612 $211,177 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANURADHA SETHURAM EXECUTIVE DI 30.00
Officer Director
$0 $0 $0
RAJAT RAKKHIT TREASURER 8.00
Officer Director
$0 $0 $0
LAKSHMI PRATURY PRESIDENT 40.00
Officer Director
$0 $0 $0
BALAKRISHNAN IYER BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $286,914 $221,302 $302,404 $65,612
2022 $314,260 $103,083 $237,352 $211,177
2021 $97,090 $167,104 $25,615 $-70,014
2020 $224,436 $128,807 $99,819 $95,629
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