HelpYourNGO

HelpYourNGO

Prime Educational and Social Trust

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

UN Sustainable Development Goals:

Quality Education Gender Equality Reduced Inequalities

% Spent on Beneficiaries

70%

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.

NGO Details

Year of Establishment : 2002
Registered Address : No 10, 9th Cross, Rainbow Nagar, Pondicherry 605011, Pondicherry
Website : https://www.primetrust-org.in/
Email : admin@primetrust.org
Telephone : +91 413 2214652
Donor Contact : Mr. Arasu (Founder) / +91 9443287622 / admin@primetrust.org
Registered Under : The Indian Trust Act, 1882
Auditor : Joseph & Vincelin
Bankers : Andhra Bank Axis Bank
Trustees/Directors/Managing Committee : Mr. S. M. Arasu, Founder Director , Mrs. Jeanne Francoise, Managing Trustee , Mr. Frederick Maria Arasu, Trustee , Ms. Caroline Maria Arasu, Trustee

Presence

Programs

Prime Educational and Social Trust is on a mission to empower women, educate underprivileged children, and foster societal change. Through global collaborations and community engagement, the trust envisions a world without poverty and discrimination, where everyone has equal opportunities. By empowering women for economic independence, educating future leaders, and raising awareness about social issues, Prime Trust actively contributes to transformative social impact.

Major Interventions:

Integrated Child Development: Prime Trust focuses on enriching children's lives through educational and social initiatives. These include remedial schools, extracurricular activities, and child parliaments. The organization transports children from Janani Home to the state government-run school, providing special evening classes for girls. Regular healthcare visits ensure early detection and prevention of health issues. Three well-staffed remedial schools operate in Muthialpet, Rainbow Nagar, and Colasnagar.

Sishubhavan Play School, initiated by the program, offers a safe and clean environment for children of working women. Specially trained teachers utilize a play-based method to teach basic educational concepts, laying the foundation for future academic success. Child sponsorship supports education-related expenses, recognizing education as a powerful tool to break the cycle of poverty.

Women Empowerment: The Trust empowers women through initiatives like supporting Self-Help Groups (SHGs), vocational training centers, and a cost-effective daycare facility. SHG participation and microcredit access lead to financial empowerment, boosting self-confidence and decision-making. Microcredit aids women in small businesses, elevating household income and reducing poverty. It involves a ten-month repayment with 1% interest, providing ongoing support for women's financial independence.

Rural Health Mission: It conducts free health camps, offering essential healthcare services, screenings, and medical consultations to individuals facing financial constraints or residing in remote areas. These camps not only address immediate health needs but also serve as opportunities to educate attendees on health issues, hygiene practices, and healthy lifestyle choices. The camps, held monthly or fortnightly at various locations, include dental and eye screening. Participants requiring further treatment are referred to local healthcare providers for comprehensive care.

Awareness programs provide valuable information to participants, helping them understand complex issues, facts, and data. Sessions on health and education in the community empowers individuals to make informed decisions and encouraging positive behaviour changes.

Key Donors

  • Lions Club
  • Global Giving Foundation
  • HAMAP, France
  • OGE College Notre Dame
  • etc.

Donation Options

  • You can donate ₹500/- or more

Financials

Income & Expenditure Statement
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Income
Government Sources - - -
Foreign Sources 1,247,950 1,597,131 6,136,107
Institutional Sources - - -
General Donations 488,451 630,203 937,322
Sales/Fees - - 51,600
Interest/Dividend 2,318 919 17,768
Other Income - - -
Total Income (A) 1,738,719 2,228,253 7,142,797
Expenditure
Direct Program Activities 2,138,031 2,154,852 2,498,337
Program Staff Cost - - 860,388
Travel Expenses 12,309 53,876 187,720
Direct Program Expenses 2,138,031 2,154,852 3,358,725
Fund Raising Expenses - - 560
General Staff Cost - - 508,012
Overhead Expenses 73,293 172,999 764,937
Depreciation 179,233 144,680 260,369
Other Expenses/Transfers - - -
Total Expenditure (B) 2,402,866 2,526,407 5,080,323
 
Surplus / Deficit (A-B) -664,147 -298,154 2,062,474
Balance Sheet
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Assets
Fixed Assets 922,792 778,111 1,462,967
Current Assets 411,714 411,714 3,349,014
Cash And Bank 57,512 64,399 621,408
Total Current Assets 1,392,018 1,254,224 5,433,389
Investments - - -
Accumulated Deficits 175,373 473,527 -
Total Assets 1,567,391 1,727,751 5,433,389
Liabilities
Trust Corpus 1,001 1,001 1,001
General Funds - - 1,588,948
Earmarked Funds - - 3,803,440
Unutilized Grants - - -
Total 1,001 1,001 5,393,389
Loans 1,341,750 1,691,750 -
Loans (From Members) - - -
Current Liabilities 224,640 35,000 40,000
Other Liabilities - - -
Total Liabilities 1,567,391 1,727,751 5,433,389
Financial Notes
1) Program Overheads like electricity, rent, water charges has been included in DPA.
2) Fund raising expenses includes advertising charges.

Additional Information

FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 1,500 5,000 8,000
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) 101 101 101
Staff Details
No. of Staff 5 10 20
Number of Consultants 1 2 2
Number Of Volunteers 2 4 5
Total 8 16 27
Highest Paid Full-Time Staff (₹ p.a.) 144,000 180,000 216,000
Lowest Paid Full-Time Staff (₹ p.a.) 60,000 72,000 84,000

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Rural Human Development Centre (RHDC) Livelihood Self Help Groups - Women Punjab 99 247,082 242,708 2013
AROHA Multipurpose Society Livelihood Self Help Groups - Women Maharashtra 99 1,317,812 1,288,168 2014
United Artists' Association Livelihood Community Development Orissa 99 16,173,469 15,919,916 2014
Gramin Evam Samajik Vikas Sansthan (GSVS) Livelihood Skill Development Rajasthan 99 39,974,347 39,466,936 2021
Janmitram Kalyan Samiti Livelihood Agriculture Chhattisgarh 99 17,539,883 18,920,699 2013
Prime Educational and Social Trust Livelihood Microfinance Pondicherry 70 7,142,797 5,080,323 2023