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Shadhika Project Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770344785 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Shadhika Project Inc?

Shadhika Project Inc is a nonprofit organization situated in Denver, Colorado. Their primary mission is to catalyze a societal transformation in India by empowering young women to fully realize their potential. They achieve this goal through a blend of global philanthropy and in-country initiatives, firmly believing that education serves as the most potent tool for women and girls to break free from chronic disenfranchisement and strive towards self-determination. The organization, with a modest staff of four, remains dedicated to this noble cause.


Official website here: www.shadhika.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

Shadhika Project Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, demonstrating exceptional accountability and financial health. The organization scored 100% in Accountability & Finance and Leadership & Adaptability, showcasing a strong commitment to transparency and effective governance. With a program expense ratio of 72.69%, Shadhika ensures that a significant portion of its funding directly supports its mission of empowering girls in India through education and leadership initiatives.

User feedback consistently praises Shadhika for its impactful work in promoting gender equity and supporting grassroots organizations focused on girls' education. Many reviewers highlight the organization's trust-based philanthropy approach, emphasizing its respect for local communities and commitment to collaboration. Beneficiaries express gratitude for the life-changing opportunities provided by Shadhika, which not only help them pursue their education but also empower them to become advocates for their rights and leaders in their communities.

While the feedback is overwhelmingly positive, some reviews hint at the challenges present in the broader context of gender inequality in India. However, Shadhika's model of engaging men in conversations about gender equity and its emphasis on community involvement appear to address these complexities effectively. Overall, Shadhika Project Inc is recognized as a beacon of hope and a catalyst for change in promoting the rights and education of girls in India.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Shadhika Project Inc?

100% of 10 reviewers on Facebook recommend Shadhika Project Inc. Here is a summary of their reviews:

The feedback highlights a strong appreciation for the nonprofit's impact on the lives of young girls. Many users express gratitude for the support provided, which has allowed girls to pursue their education and develop aspirations that they previously lacked. One review specifically acknowledged the founder's role, emphasizing the invaluable support from Shadhika since 2010.

Overall, the sentiment is overwhelmingly positive, with supporters praising the commitment and effectiveness of Shadhika Project Inc in fostering educational opportunities and empowering young women. The organization is clearly making a significant difference in the community it serves.


This AI summary has been generated from reviews found on Facebook.

Is Shadhika Project Inc legitimate?

Shadhika Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shadhika Project Inc 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: $106,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,784

For more financial information, click here


Official website here: www.shadhika.org

What is the mission statement of Shadhika Project Inc?

Shadhika Project Inc's mission is centered around inspiring a cultural transformation in India. Their goal is to empower every young woman in the country, enabling them to fully realize their potential. They achieve this mission through global philanthropy and local programming, believing that education is the most effective tool for helping women and girls escape chronic disadvantage and move towards self-determination. Shadhika's initiatives aim to break the cycles of poverty and discrimination, ultimately fostering a more equal society.


Official website here: www.shadhika.org

Who is the CEO of Shadhika Project Inc?

My Lo Cook is the Ceo & Presid of Shadhika Project Inc. The CEO's salary of Shadhika Project Inc is $103,000 and their total compensation is $106,090.


Official website here: www.shadhika.org

What is the revenue of Shadhika Project Inc?

Shadhika Project Inc's revenue in 2022 was $638,783.


Official website here: www.shadhika.org

Who are the executives of Shadhika Project Inc and what are their salaries?

The average compensation at Shadhika Project Inc during 2022 was $55,718. There are 4 employees and 112 volunteers at Shadhika Project Inc.


Here are 13 key members and their salaries (Shadhika Project Inc's CEO's salary is $103,000 and their total compensation is $106,090):


My Lo Cook (Ceo & Presid)
  • Compensation: $103,000
  • Related: $0
  • Other: $3,090
Thresia Sebastian (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Acree (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaheen Lokhandwala (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menka Lamba (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Chauhan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Uma Mehta Iyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ankita Jhaveri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lekha Masoudi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Risser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivek Sharma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serene Singh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Sigel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shadhika.org

Where can I find the form 990 for Shadhika Project Inc?

Shadhika Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shadhika.org

Learn more at the official website: www.shadhika.org

Mission Statement of Shadhika Project Inc

Shadhika Project Inc, a nonprofit organization, is committed to inspiring a culture shift in India. Their primary mission is to empower every young woman in the country to reach her full potential. They achieve this goal through a combination of global philanthropy and in-country programming. Shadhika Project Inc believes that education is the most effective means for women and girls to break free from chronic disenfranchisement and strive towards self-determination. By focusing on the empowerment of young women, Shadhika Project Inc aims to contribute to a more equal and progressive society in India.

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Impact




July, 2024

Shadhika Project Inc inspires a culture shift in India by empowering young women to realize their full potential. Through global philanthropy and in-country programming, Shadhika believes that education is the most effective vehicle for women and girls to move out of chronic disenfranchisement and towards self-determination. By focusing on empowering young women, Shadhika is contributing to the transformation of communities and society as a whole in India. Their impact goes beyond individual empowerment, as they are working towards creating a more inclusive and equal society for future generations.




This information is meant to be a general summary of Shadhika Project Inc. 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.

Revenue
$638,783 (2022)
Expenses
$749,388 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $775
  • Gross Receipts: $677,712

Assets and Liabilities:

  • Total Assets: $742,109
  • Total Liabilities: $24,754
  • Net Assets: $717,355

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Organization Details

Founding Year

2002

Principal Officer

My Lo Cook

Main Address

1031 33RD STREET SUITE 172, DENVER, CO, 80205

NTEE Category

Code: Q33 - International

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