HelpYourNGO - Livelihood - Prime-Educational-and-Social-Trust

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:
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% 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.

Year of Establishment : 2002
Registered Address : No 10, 9th Cross, Rainbow Nagar, Pondicherry 605011, Pondicherry
Presence : Pondicherry
Website : https://www.primetrust-org.in/
Email : admin@primetrust.org
Telephone : +91 413 2214652
Donor Contact : Mr. Arasu / +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

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.

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
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
1) Program Overheads like electricity, rent, water charges has been included in DPA.
2) Fund raising expenses includes advertising charges.
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
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
arr4
Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
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
Prime Educational and Social Trust Livelihood Microfinance Pondicherry 70 7,142,797 5,080,323


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