AKSHAR FOUNDATION-US INC

EIN: 871184931 501(c)(3) Education

TIMONIUM, MD

Total Revenue
$2,753,182
Total Expenses
$2,566,258
Total Assets
$207,100
Net Assets
$207,100
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MD
Principal Officer
MAZIN MUKHTAR
Phone
4106304422
Tax Period
2024-04-01 to 2025-03-31

AKSHAR FOUNDATION-US INC, founded in 2021, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 48201% from the prior year, signaling strong growth momentum. Expenses of $2.6M left a modest 7% surplus.

Mission

AKSHAR FOUNDATION (US), INC. HAS BEEN ESTABLISHED TO FURTHER THE GOALS OF AKSHAR FOUNDATION INDIA, WHICH URGENTLY REQUIRES FUNDS IN ORDER TO IMPLEMENT OUR BOLD VISION FOR TRANSFORMING THE EDUCATION SYSTEM IN THE STATE OF ASSAM IN NORTH EAST INDIA, TOWARDS THE ERADICATION OF POVERTY IN INDIA, THE US, AND AROUND THE WORLD IN OUR LIFETIME. AFTER SUCCESSFUL IMPLEMENTATION OF THE AKSHAR MODEL IN INDIAN SCHOOLS, AKSHAR FOUNDATION (US), INC. WILL FOCUS ON REPLICATING THE MODEL IN UNDERPERFORMING SCHOOLS IN THE US, TO HELP CHILDREN IN UNDERPRIVILEGED COMMUNITIES TO ESCAPE POVERTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,753,182
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,753,182

Expense Breakdown

Grants Paid $2,550,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,550,000
Other Expenses $16,258
TOTAL EXPENSES $2,566,258

Year-over-Year Comparison

2024 2023 Change
Revenue $2,753,182 $5,700 +482.0%
Expenses $2,566,258 $2,684 +955.1%
Net Income $186,924 $3,016 +61.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ALAKA SARMA DIRECTOR 40.00
Director
$0 $0 $0
MAZIN MUKHTAR DIRECTOR 40.00
Director
$0 $0 $0
PARMITA SARMA DIRECTOR 40.00
Director
$0 $0 $0
DR HOLLY SHAW DIRECTOR 40.00
Director
$0 $0 $0
YALE LEVITAE DIRECTOR 40.00
Director
$0 $0 $0
MOLLIE LAFFIN-ROSE AGIBOA DIRECTOR 40.00
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
2025 $2,753,182 $2,566,258 $207,100 $186,924
2024 $5,700 $2,684 $20,176 $3,016
2023 $1,839,205 $1,822,045 $17,160 $17,160
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