Overview
What is Asha Partners?
Asha Partners is a nonprofit organization located in Dallas, Texas. Their primary mission is to combat poverty by implementing sustainable and impactful community development projects. They have made significant strides in this area, funding the distribution of micro-loans to assist families in starting or growing businesses, providing free primary education to 1,860 children in rural villages, and establishing a remote medical center for a population of 100,000 individuals. In addition, Asha Partners has funded the development of a mother-child hospital and expanded a fish farm, generating essential protein and job opportunities. Furthermore, they have provided life-saving humanitarian aid to families affected by natural disasters and established various faith formation groups. With a team of nine dedicated individuals, Asha Partners works tirelessly to create holistic transformation and bring hope, empowerment, and healing to those in need.
Official website here: www.ashapartners.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Asha Partners has received a Three-Star rating from Charity Navigator, reflecting a solid overall score of 80%. This rating is derived entirely from Accountability & Finance, indicating the organization maintains a strong commitment to transparency and governance. Most notably, Asha Partners boasts a fully independent board, with 63% independent members, and has implemented robust financial oversight measures.
The organization demonstrates effective financial management, with a high program expense ratio of 90.66%, suggesting that a significant portion of its funds is directed toward its mission. Furthermore, Asha Partners showcases exceptional fundraising efficiency, with only $0.02 spent to raise a dollar, which is indicative of its capability to generate support effectively.
However, the organization did receive some points for liabilities to assets ratio and working capital, where it scored lower. The liabilities to assets ratio stands at 50.70%, and the working capital is limited to 0.17 years, which could indicate potential challenges in financial flexibility or sustainability in the near term. Overall, while Asha Partners displays strong governance and financial efficiency, attention to its liabilities and working capital will be important for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Asha Partners legitimate?
Asha Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asha Partners submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $364,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,360
For more financial information, click here
Official website here: www.ashapartners.org
What is the mission statement of Asha Partners?
Asha Partners is committed to eliminating poverty by initiating sustainable and effective community development projects. Their mission is to bring about holistic transformation, providing hope, empowerment, and healing to those in greatest need. Their activities include distributing micro-loans to help families start or improve their businesses, providing free primary education to children in rural areas, establishing a medical center for a large community, building a mother-child hospital, and expanding a fish farm to generate protein and jobs. Furthermore, Asha Partners have aided in distributing humanitarian aid to families affected by natural disasters and have established various faith formation groups.
Official website here: www.ashapartners.org
Who is the CEO of Asha Partners?
Dr Amie Sarker is the Int'L Ceo of Asha Partners. The CEO's salary of Asha Partners is $101,175 and their total compensation is $116,596.
Official website here: www.ashapartners.org
What is the revenue of Asha Partners?
Asha Partners's revenue in 2022 was $6,232,673.
Official website here: www.ashapartners.org
Who are the executives of Asha Partners and what are their salaries?
The average compensation at Asha Partners during 2022 was $56,469. There are 9 employees and 40 volunteers at Asha Partners.
Here are 12 key members and their salaries (Asha Partners's CEO's salary is $101,175 and their total compensation is $116,596):
- Compensation: $168,240
- Related: $0
- Other: $11,844
- Compensation: $101,175
- Related: $0
- Other: $15,421
- Compensation: $49,508
- Related: $0
- Other: $2,859
- Compensation: $14,295
- Related: $0
- Other: $895
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ashapartners.org
Where can I find the form 990 for Asha Partners?
Asha Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashapartners.org
Learn more at the official website: www.ashapartners.org
Mission Statement of Asha Partners
Asha Partners, a nonprofit organization, is dedicated to eradicating poverty and fostering holistic transformation in communities with the most pressing needs. Their mission is twofold: firstly, they aim to create sustainable and effective community development projects. This involves providing small loans, known as micro-loans, to families to help them start or grow businesses, thereby enabling them to escape poverty with dignity. Secondly, Asha Partners strive to bring hope, empowerment, and healing to those in need. They accomplish this by funding various initiatives, such as educating additional children in rural villages, establishing a remote medical center for a population of 100,000 people, and developing a mother-child hospital. Furthermore, the organization has expanded a fish farm, which includes a 60-tank farm and hatchery, generating protein and job opportunities. Additionally, Asha Partners have distributed life-saving humanitarian aid to families affected by natural disasters and established multiple faith formation groups. In essence, Asha Partners are committed to uplifting communities and individuals from poverty through their comprehensive and sustainable community development projects.
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Impact
July, 2024
Asha Partners is making a significant impact by working to eliminate poverty through sustainable community development projects. They have empowered families by providing thousands of micro-loans to help start or expand businesses, funded education for over 1,800 children in rural areas, and established critical healthcare services for communities in need. Additionally, Asha Partners has supported the creation of a mother-child hospital, expanded a fish farm to provide protein and job opportunities, and distributed essential humanitarian aid during times of crisis. Through their efforts, they are bringing hope, empowerment, and healing to those facing the greatest challenges.
This information is meant to be a general summary of Asha Partners. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $68,850
- Program Service Revenue: $7,551
- Gross Receipts: $6,667,149
Assets and Liabilities:
- Total Assets: $1,678,259
- Total Liabilities: $851,012
- Net Assets: $827,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event registration fees
Revenue
$7,551
Organization Details
Founding Year
2002
Phone
(972) 717-9857Principal Officer
Dr Amie Sarker
Main Address
PO Box 540294, Dallas, TX, 75354
Website
www.ashapartners.orgNTEE Category
Code: X20 - Religion related
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