Colorado · Nonprofit
Shadhika Project
Shadhika Project (Colorado) receives grants from 39 organizations whose IRS filings report $2,262,822 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($303,161). 29 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $88k
- Funders on record
- 39
- Grants received
- $2.3M
- Net assets
- $0
What Shadhika Project does
Mission
Shadhika believes in a future where each person in India can choose their own path to meaning, purpose, and happiness. 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- etermination. Shadhika aims to abate gender-based discrimination and violence in the social systems surrounding each person by focusing on three core areas of intervention: 1. Investing in the trans-formative power inherent in each individual girl 2. Investing in the wisdom and innovation of grassroots leadership to create local solutions 3. Cultivating allyship to address power and resource imbalances locally
As stated on its FY2025 Form 990.
Program
Shadhika believes in a future where each person in India can choose their own path to meaning, purpose, and happiness. Through global philanthropy and in-country programming, Shadika believes that education is the most effective vehicle for women and girls* to move out of chronic disenfranchisement and towards self-determination. Shadhika aims to abate gender-based discrimination and violence in the social systems surrounding each person by focusing on three core areas of intervention: 1. Investing in the trans formative power inherent in each individual girl. 2. Investing in the wisdom and innovation of grassroots leadership to create local solutions. 3. Cultivating ally ship to address power and resource imbalances locally.
$416,109 spentof which $26,130 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $416,109.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $742k to $237k (−68%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 8% · 2022 9%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Shaheen Lokhandwala
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 12 funders to 18 funders, grant income rose $212k → $312k.
16 of 39 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 76% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Shadhika Project’s funders (the co-funder graph). Top 30 of 39 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Shadhika Project has a broad base — no single funder exceeds 13% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Shadhika Project.
Largest funder’s share by year: 2017 39% · 2018 15% · 2019 24% · 2020 16% · 2021 23% · 2022 29% · 2023 26% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
52% of Shadhika Project's funders are still giving 3 years after their first grant; 74% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
76% of Shadhika Project's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $538k that is directly attributable, 93% of it comes from funders outside Colorado, across 8 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Shadhika Project
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 5 states
Screen this organization
A dated, signed PDF of the compliance screen for Shadhika Project: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Shadhika Project?
- Shadhika Project (Colorado) receives grants from 39 organizations whose IRS filings report $2,262,822 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($303,161). 29 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Shadhika Project have?
- IRS filings report 39 organizations giving $2,262,822 in grants to Shadhika Project, 29 of which have funded it in more than one year.
- Who is the largest funder of Shadhika Project?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $303,161 in grants. The full list of funders is on this page.
- How can an organization like Shadhika Project find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 39 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing