% Spent on Beneficiaries
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 | : | 1969 |
Registered Address | : | 14/51, Gokak Sadan, Kala Nagar, P. Box 49, Sangli 416416, Maharashtra |
Presence | : | |
Website | : | https://www.verala.org |
: | veralasociety@gmail.com | |
Telephone | : | +91 233 2310288 |
Donor Contact | : | Mr. Arun Chavan / +91 9423829508 / veralasociety@gmail.com |
Registered Under | : | The Bombay Public Trust Act, 1950 |
Auditor | : | U. G. Dafalapurkar & Co. |
Bankers | : | IDBI Bank |
Trustees/Directors/Managing Committee: | : | Mr. Khanajirao B. Jadhav - President, Mr. Bhagwanrao M. Savashe - Vice President, Mr. Arun D. Chavan - Secretary, Mr. Dhondiram W. Jadhav - Member, Mr. Ramchandra M. Yadav - Member, Mr. Suresh A. Patil - Member, Mr. Jaysingrao B. Kadam - Member, Mr. Satish V. Lavhate - Jt. Secretary, Dr. Jai D. Kulkarni - Jt. Secretary |
VDS initially worked to improve the living conditions of the inhabitants of the villages in the Sangli district which suffered from chronic drought. They soon came to feel that an improvement in agricultural production in rain-fed areas, provision of basic infrastructure, and educational facilities, were the most pressing needs of the people. Therefore, with the primary objective of community development, VDS has facilitated multiple initiatives to ensure all aspects of its beneficiaries’ lives are impacted. Accordingly the programmes VDS has conceived, and run, fall in the categories of:
|
FY 2012 (₹) | FY 2013 (₹) | FY 2014 (₹) |
Income and Expenditure Statement | -176,155 | -84,114 | -289,435 |
|
Balance Sheet | 17,021,509 | 17,307,861 | 17,554,400 |
|
Financial Notes |
1) Grant funds utilised during the year have been accounted as Income & Expenses under ICAI Guidelines.
2) Cost of brochures/flyers and advertisement taken as Fund Raising Costs. 3) The NGO has set up various buildings, sheds, pipelines, and wells with the help of the community. These and other assets have not been physically verified by the Auditors, but the NGO has confirmed that all assets are in existence and in their possession except for power looms (Rs1mn). No depreciation was provided during the year. |
FY 2012 | FY 2013 | FY 2014 | |
---|---|---|---|
Beneficiary Details | |||
Direct Beneficiaries (nos.) | 400 | 400 | - |
Indirect Beneficiaries (nos.) | 12,000 | 12,000 | - |
Average Cost per Direct Beneficiary (₹) | - | - | - |
Staff Details | |||
No. of Staff | 21 | 10 | - |
Number of Consultants | - | - | - |
Number Of Volunteers | 6 | 6 | - |
Total | 27 | 16 | - |
Highest Paid Full-Time Staff (₹ p.a.) | 120,000 | 120,000 | - |
Lowest Paid Full-Time Staff (₹ p.a.) | 24,000 | 24,000 | - |
NGO Name | Sector | Sub Sector | Location | % Spent on Beneficiaries | Income (₹) | Expense (₹) |
---|---|---|---|---|---|---|
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 |
arr2 | ||||||
Kherwadi Social Welfare Association (Yuva Parivartan) | Livelihood | Vocational Training | Maharashtra | 86 | 241,261,020 | 241,023,292 |
arr4 | ||||||
ETASHA Society | Livelihood | Vocational Training | Delhi | 80 | 37,693,394 | 55,052,696 |
arr3 | ||||||
Outreach Association of Volunteers for Rural Development | Livelihood | Comprehensive | Karnataka | 79 | 24,575,785 | 26,071,792 |
Verala Development Society | Livelihood | Agriculture | Maharashtra | 69 | 1,007,081 | 1,296,516 |
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