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Socio Economic Development Association (SEDA)

Sector: Livelihood
Sub Sector: Skill Development
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
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% Spent on Beneficiaries

91%
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.

Year of Establishment : 1992
Registered Address : 6-139 Trivandrum Road, Azhagiamandapam, Mulagumoodu, Kanyakumari, Kanyakumari 629167, Tamil Nadu
Presence :
Website : https://www.sedaindia.com
Email : seda.india@gmail.com
Telephone : +91 4651 249462; +91 4651 248729, +91 9443156510
Donor Contact : Dr. J. Asir P. Singh / +91 9443226014 / seda.india@gmail.com
Registered Under : The Tamil Nadu Societies Registration Act, 1975
Auditor : E. Raja Jeya Sekar
Bankers : State Bank of India
Trustees/Directors/Managing Committee: : Dr. P. Sucila Pandian - President, Prof. C. Helen Christinal - Secretary, Mr. M. Gnanadeepam - Treasurer, Ms. M. Retnam Paulus - Member, Ms. M. Mary Selvi - Member, Ms. Nirmala Sebastin - Member, Ms. Ananthi Evenglin - Member

SEDA aims at women empowerment, gender equality, women human rights, economic and political development, and innovative and experimental activities benefitting women. SEDA runs a Counselling Centre for psychological, personal and family problems, and women empowerment activities. In 2014-15, 25 new SHGs were formed and provided with financial assistance to undertake economic activities.

  • SEDA is the implementing agency in respect of Ambedkar Hastshilp Vikash Yojana (AHVY), an integrated craft cluster development programme of the Government of India. It has been providing necessary technical inputs to rural artisans to improve their production. Design and Technical Development Workshop in Natural Fiber Craft was started in FY15 for the promotion of art & culture, and the overall upliftment of the underprivileged. Products developed from Natural Fiber include yarns, ropes, spa products, cat scratching posts, lumbar support belts, rugs, slippers, cloths and disc buffers. Market assessment and product study tour was carried out for acquiring knowledge on latest developments in designs, to know market trends, form new market linkages, design development, introduction of new designs, and welfare schemes.
  • SEDA is NABARD’s nodal agency for Coconut Development Cluster. It has been assisted by NABARD for various developmental programmes such as REDP (Rural Enterprises Development Programme), MEDP (Micro Enterprises Development Programme), Skill Development Programme, and SHG awareness programme. MEDP programmes include Nursery training (fruits, flowers, and vegetable plant cultivation methods, seedling production), Jute Handicraft training (furnishing, upholstery, shopping bags, decorative items), etc.
  • With funding support of Concern India Foundation, Hand Embroidery training was imparted to 20 women artisans for a period of one year in FY15. These women artisans got better income options thereby improving their economic status and the standard of living of their families. More than 100 people benefited indirectly in FY15.
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources 765,366 372,775 703,722
Foreign Sources - - -
Institutional Sources 471,284 315,020 342,225
General Donations 584,474 544,749 399,240
Sales/Fees 195,095 50,000 27,051
Interest/Dividend 96,292 404,719 386,346
Other Income 1,660 - -
Total Income (A) 2,114,171 1,687,263 1,858,584
 
Expenditure
Direct Program Activities 478,972 706,313 498,267
Program Staff Cost 845,398 636,198 1,115,032
Travel Expenses 44,450 40,004 76,426
Direct Program Expenses 1,324,370 1,342,511 1,613,299
Fund Raising Expenses - - -
General Staff Cost 241,310 7,719 1,150
Overhead Expenses 494,503 216,566 157,678
Depreciation - - -
Other Expenses/Transfers - - -
Total Expenditure (B) 2,104,633 1,606,800 1,848,553
 
Surplus / Deficit (A-B) 9,538 80,463 10,031
Assets
Fixed Assets 6,439,380 6,455,180 6,471,380
Current Assets 2,771,953 2,674,699 1,897,277
Cash And Bank 401,651 259,942 417,600
Total Current Assets 9,612,984 9,389,821 8,786,257
Investments 21,783 21,783 34,111
Accumulated Deficits - - -
Total Assets 9,634,767 9,411,604 8,820,368
 
Liabilities
Trust Corpus 1,466,400 1,466,400 1,346,400
General Funds 5,288,887 4,747,956 4,770,315
Earmarked Funds - - -
Unutilized Grants - - -
Total 6,755,287 6,214,356 6,116,715
Loans 567,765 1,261,393 1,405,798
Loans (From Members) - - -
Current Liabilities 2,311,715 1,935,855 1,297,855
Other Liabilities - - -
Total Liabilities 9,634,767 9,411,604 8,820,368
In FY15, Programme Staff Cost has increased due to designers' fees for the AHVY projects.
FY 2013 FY 2014 FY 2015
Beneficiary Details
Direct Beneficiaries (nos.) 6,833 6,650 7,010
Indirect Beneficiaries (nos.) 34,165 33,250 35,050
Average Cost per Direct Beneficiary (₹) 160 165 175
Staff Details
No. of Staff 12 12 12
Number of Consultants - - -
Number Of Volunteers - - -
Total 12 12 12
Highest Paid Full-Time Staff (₹ p.a.) 84,000 90,000 96,000
Lowest Paid Full-Time Staff (₹ p.a.) 42,000 48,000 54,000
Services Funds Raised (₹)
Contest 10,000
Total Funds Raised 10,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Kherwadi Social Welfare Association (Yuva Parivartan) Livelihood Vocational Training Maharashtra 95 163,087,824 162,476,171
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Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
Socio Economic Development Association (SEDA) Livelihood Skill Development Tamil Nadu 91 1,858,584 1,848,553
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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Socio Economic Development Association (SEDA) Livelihood Skill Development Tamil Nadu 91 1,858,584 1,848,553
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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ETASHA Society Livelihood Vocational Training Delhi 80 37,693,394 55,052,696
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Outreach Association of Volunteers for Rural Development Livelihood Comprehensive Karnataka 79 24,575,785 26,071,792


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