Ashoka

“Ashoka has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. The assistant global controller and cfo review the form 990 after a draft is prepared. Once approved by the assistant global controller and cfo, the cfo forwards the 990 to the ceo for review. Any comments or updates given to the cfo by the ceo are passed along to the accounting firm. The accounting firm reviews the comments and makes changes as warranted. The updated 990 is given to the board secretary, who distributes the 990 electronically to the full board of directors for review before filing with the irs.”

“Ashoka currently has in place a conflict of interest policy that applies to board members, officers, and key employees, which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, the interested party shall leave the board or board committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or board committee members shall decide if a conflict of ashoka 51-0255908 interest exists and the appropriate course of remedy. The minutes of the board and all board committees shall contain: (a) the names of the persons who disclosed or otherwise were found to have a financial interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board's or board committee's decision as to whether a conflict of interest in fact existed, and (b) the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“At ashoka, salaries are set by using a salary framework for that country, which is developed by an external consultant that uses market/industry information to determine the salary ranges for each of ashoka's professional levels. This salary framework is applied to all employees salaries, including the ones of the leadership team (including ceo) and senior leaders. Any compensation changes for the ceo must be approved by the board compensation committee. Any compensation changes for the two other members of the leadership team must be approved by the ceo. Any compensation changes for senior leaders are to be reviewed and approved by the leadership team member who is their accountability partner (manager). Once the performance review decisions are finalized, ashoka communicates this to all senior leaders and the leadership team in writing (letter format). This process was last undertaken in fy24.”

“Core stakeholders: selecting and engaging key partners who will work with ashoka to create societal change.”

“The number shown in part v, line 2a, represents number reported on 2023 form w-3. There are 363 employees, across the filing organization's foreign subsidiaries and global offices.”

“Argentina, austria, brazil, canada, chile, colombia, egypt, france, germany, india, indonesia, italy, japan, kenya, mexico, netherlands, nigeria, philippines, poland, senegal, singapore, south africa, south korea, spain, sweden, switzerland, thailand, turkey, united kingdom, venezuela, romania, israel, belgium.”

“Ashoka makes its governing documents, conflict of interest policy, financial statements, and form 990 available for public inspection as required under section 6104 of the internal revenue code. The information is available upon written request at 1000 wilson blvd, arlington, va, 22209, usa. The form 990 and audited financials are also available to the public on ashoka's website and on www.guidestar.org.”

“Unrealized foreign exchange gain (loss) $78,512. Cumulative translation adjustments -$467,994”

“Part iv, line 12b and part xii, line 2b, 2c has been answered no due to the fact that ashoka is in the process of completing the audit for the consolidated ashoka financial statements for fiscal year ending 08/31/2024.”

“Description:external consultants total fees:3774861”

“Description:other outside services total fees:1526101”

“Description:consultant fee total fees:1508912”

“Description:professional fees total fees:493030”

“Description:payroll services total fees:125384”

“Description:governanace & admin. Expenses total fees:72807”

“Description:temporary work total fees:72360”

“Description:volunteer costs total fees:8110”