HelpYourNGO - Livelihood - Antarang-Foundation

Antarang Foundation

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

94%
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 : 2013
Registered Address : 231 C Tawri Pada, Next to Hilla Apartments, Dr SS Rao Marg, Lalbaug, Mumbai 400012, Maharashtra
Presence : Goa, Haryana, Maharashtra, Nagaland, Rajasthan, Tamil Nadu
Website : https://www.antarangfoundation.org
Email : info@antarangfoundation.org
Telephone : +91 40050164 / 40050943
Donor Contact : Ms. Priya Agrawal / 9821013907 / priya@antarangfoundation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Jigar M Shah & Associates
Bankers : Yes Bank
Trustees/Directors/Managing Committee: : Ms. Priya Agrawal - Founder-Director, Ms. Anuj Gandhi - Trustee Member, Mr. Ajay Kelkar - Trustee Member, Mr. Vivek Talwar - Trustee Member

Antarang Foundation envisions a world in which every young person is passionately, productively, and positively engaged in a career of their choice. It focuses on empowering youths that come from underprivileged and poverty-stricken households that are in need of support systems that can help in their very own well-being.

Major Interventions:

CareerAware

Young people, facing the possibility of failing 10th or 12th standard exams, are at risk of dropping out of school. Antarang, through this program, emphasises the importance of completing board exams, and works with students to help them understand the careers best suited to their individual talents and preferences.
 
This program makes students examine themselves carefully and chart a course for the future based on these learnings. Students get the opportunity to explore multiple industries in-depth, preparing them for future career decisions which leads to the path of self-discovery by identifying their individual strengths that could result to a sustainable career. The NGO follows up to ensure that the students remain in education and are making choices that are in line with their chosen careers.

CareeReady

With few role models in students’ community, youth from underprivileged backgrounds often end up in low paying and dead end jobs even though they have the potential to do much more. The NGO teaches core employability skills that help these youth understand what is expected of them in a structured workplace. Upon completion of the program, students are connected to job opportunities in their area of interest and then are paired with a mentor who will guide them until they are settled in their job. It emphasises self-reliance and problem solving, and aims to increase confidence in the students.

Alumni Engagement

Maintaining long term relationships with students of previous batches, physical presence within the community via mini events including youth meets and community walks. Virtual presence via social media that includes WhatsApp, Facebook and Instagram. It fosters career development by providing access to learning opportunities like seminars/workshops/courses that improve their standing in the job market.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - 25,916,596
Institutional Sources 34,310,922 35,211,892 15,956,932
General Donations 2,002,019 7,828,396 2,671,964
Sales/Fees 194,398 66,991 -
Interest/Dividend 3,711,180 4,420,101 4,262,085
Other Income 54,314 32,266 81,512
Total Income (A) 40,272,833 47,559,646 48,889,089
 
Expenditure
Direct Program Activities 38,364,084 37,670,501 39,121,370
Program Staff Cost - - 1,200,000
Travel Expenses - - -
Direct Program Expenses 38,364,084 37,670,501 40,321,370
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 3,080,095 312,206 2,170,134
Depreciation 592,259 372,922 200,169
Other Expenses/Transfers - - -
Total Expenditure (B) 42,036,438 38,355,629 42,691,673
 
Surplus / Deficit (A-B) -1,763,605 9,204,017 6,197,416
Assets
Fixed Assets 5,269,260 2,719,590 1,672,625
Current Assets 1,803,202 1,943,453 1,868,610
Cash And Bank 34,112,436 12,025,592 5,080,559
Total Current Assets 41,184,898 16,688,635 8,621,794
Investments 33,663,256 67,656,285 54,421,137
Accumulated Deficits - - -
Total Assets 74,848,154 84,344,920 63,042,931
 
Liabilities
Trust Corpus 6,066,000 11,564,230 11,564,230
General Funds 16,825,337 26,035,970 32,233,386
Earmarked Funds 4,717,763 3,300,031 1,497,230
Unutilized Grants - - -
Total 27,609,100 40,900,231 45,294,846
Loans - - -
Loans (From Members) - - -
Current Liabilities 47,239,054 43,444,689 17,748,085
Other Liabilities - - -
Total Liabilities 74,848,154 84,344,920 63,042,931
1) Grants received included in Institutional Sources as no breakup provided.
2) The NGO has provided overall amounts of expenses, not a detailed breakdown.
3) Program Staff Cost includes Remuneration to Trustees.
FY 2020 FY 2021 FY 2022
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - -
Total - - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
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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Antarang Foundation Livelihood Skill Development Maharashtra 94 48,889,089 42,691,673
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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Aai Caretaker Livelihood Vocational Training Maharashtra 88 188,618,617 186,741,848
ETASHA Society Livelihood Vocational Training Delhi 80 37,693,394 55,052,696
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