Shadhika
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Shadhika does not meet the following 2 Standards for Charity Accountability:
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
Shadhika does not meet this Standard because, when the organization provided 2024 budget information, it indicated that the budget:
- Did not identify total projected program service expenses.
- Did not identify total projected fundraising expenses.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
Shadhika does not meet this Standard because the privacy policy on its website, https://shadhika.org/, does not indicate:
- What security measures are in place to protect personal information that is collected.
Shadhika meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
"to inspire a culture shift in India by ensuring every young woman is empowered to realize her full potential."
Year, State Incorporated:
2002, CO
Shadhika reports it works towards a future where each person in India can choose their own path to meaning, purpose, and happiness. The organization combines global philanthropy with in-country programming to provide scholarships for secondary school and college, leadership training, and gender-based violence prevention. In 2022, Shadhika reported the organization distributed $232,000 grants to 9 partner organizations, $89,614 in scholarships to 76 students, and conducted 24 community leadership projects.
For the year ended December 31, 2022, Shadhika's program expenses were:
| Program services | $566,350 |
| Total Program Expenses | $566,350 |
Chief Executive
Ankita Jhaveri, Interim Executive Director
Chair of the Board
Shaheen Lokhandwala and Teena Sebastian, MD
Chair's Profession / Business Affiliation
Program Manager, MBX; and Pediatrician, Alameda Health System
Board Size
7
Paid Staff Size
3
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Former Chief Executive Officer and President My Lo Cook left the organization in October 2023. Their total compensation for 2022 was $106,090.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements, Telephone appeals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 13% of related contributions. (Related contributions, which totaled $654,527, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Shadhika's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Contributions | $429,699 |
| Special events, net | $132,791 |
| CARES Act grant | $59,584 |
| In-kind contributions | $32,453 |
| Other income | $3 |
| Interest and investment loss | $-5,239 |
| Total Income | $649,291 |
Programs: 74% Fundraising: 11% Administrative: 15%
| Total Income | $649,291 |
| Total expenses: | $765,910 |
| Program expenses | $566,350 |
| Fundraising expenses | $81,840 |
| Administrative expenses | $117,720 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-116,619 |
| Beginning Net Assets | $833,874 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $717,355 |
| Total Liabilities | $24,754 |
| Total Assets | $742,109 |
Note: According to Shadhika's 2022 audited financial statements, the organization received in-kind contributions totaling $32,453 in the form of legal services ($16,522) and catering and event expenses ($15,931).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance