HelpYourNGO

HelpYourNGO

Pipal Tree Foundation

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

UN Sustainable Development Goals:

Gender Equality Decent Work and Economic Growth Responsible Consumption and Production

% Spent on Beneficiaries

98%

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 : 2011
Registered Address : A/202 Radium Apartment, Aarey Road, Goregaon (East), Mumbai 400063, Maharashtra
Website : https://www.pipaltreefoundation.com
Email : info@pipaltreefoundation.com
Telephone : +91 2242124103
Donor Contact : Santosh K. Parulekar (Co-Founder) / +919821345238 / info@pipaltreefoundation.com
Registered Under : The Companies Act, 1956
Auditor : C.J.K. Associates
Bankers : ICICI Bank
Trustees/Directors/Managing Committee : Mr. Santosh Keshav Parulekar, Director , Mr. Shailendrakumar Sakharam Ghaste, Director

Programs

The Mission is to create sustainable livelihood for poor youth and women. They want to achieve this by providing Trainings, creating Employment, supporting with Financial and other assistance, and helping them to start successful Small Businesses. The Impact is measured by analyzing the growth of the trained youth, in terms of raise in their income levels and change in their personalities.

The Objective is to: (i) Equip the youth and women with employability skills, especially in the construction areas where there is a huge demand for skilled workers, to make them financially self-reliant. (ii) Promote employment by identification and placement of these trainees in various organizations. (iii) Encourage and develop entrepreneurs in various sectors, as per their available skills and resources. (iv) Train women in skills required for livestock development, and provide them technical and financial assistance to build their own livestock and earn handsome income.

Pipal Tree Foundation believes in the life-force of partnership and participation with community, organization, civic bodies, corporate, educational and development institutions as well as the Government to strengthen their cause and upgrade the situation of the underprivileged in India.

Their activities in FY15 include:

  • The Foundation started more training centers in Bihar, Odisha and Telangana and also started their first training center in West Bengal.
  • They made deliberate efforts to shift to innovative approaches to address women empowerment. In addition, they also started their first ‘Women Only’ Construction Site in Sonabhadra. It was a great success with more than 150 women working as semi-skilled workers.
  • Preparatory works to kick start a Goat Farming Project for women in Telangana.
  • Pipal Tree, in collaboration with the Government of Maharashtra, plans to start Multi-skills Vocational Training for students studying in 9th and 10th Standards in Government Schools, which would help them to get exposure to construction skills and make a career in the construction industry, if they desire.

Financials

Income & Expenditure Statement
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - 2,520,000 5,000,000
General Donations 2,528,000 - 5,770,000
Sales/Fees - - 1,715,665
Interest/Dividend - - -
Other Income - - -
Total Income (A) 2,528,000 2,520,000 12,485,665
Expenditure
Direct Program Activities 1,933,100 3,006,000 8,199,700
Program Staff Cost 10,000 5,618 1,942,866
Travel Expenses 2,200 - -
Direct Program Expenses 1,943,100 3,011,618 10,142,566
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 7,056 14,638 223,815
Depreciation - - 6,581
Other Expenses/Transfers - - -
Total Expenditure (B) 1,952,356 3,026,256 10,372,962
 
Surplus / Deficit (A-B) 575,644 -506,256 2,112,703
Balance Sheet
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Assets
Fixed Assets - - 52,169
Current Assets - - 772,420
Cash And Bank 731,254 224,998 1,558,890
Total Current Assets 731,254 224,998 2,383,479
Investments - - -
Accumulated Deficits - - -
Total Assets 731,254 224,998 2,383,479
Liabilities
Trust Corpus 150,000 150,000 150,000
General Funds 573,754 67,498 2,180,201
Earmarked Funds - - -
Unutilized Grants - - -
Total 723,754 217,498 2,330,201
Loans - - -
Loans (From Members) - - -
Current Liabilities 7,500 7,500 53,278
Other Liabilities - - -
Total Liabilities 731,254 224,998 2,383,479
Financial Notes
1) Institutional Sources include grants from the Cognizant Foundation (Rs25 lakhs in FY15), Nischal Israni Foundation (Rs25 lakhs in FY15), and Nalanda Charitable Foundation (Rs25 lakhs in FY14).
2) Donations mainly include contributions received through Give India.
3) Supervisory Training Charges shown under Sales/Fees.
4) Direct Program Activities mainly include fees paid for students.
5) Program Staff Cost in FY15 is significantly high due to Legal & Professional expenses (Rs11 lakhs).

Additional Information

FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 1,683 2,991 5,264
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - 6 19
Number of Consultants - 3 3
Number Of Volunteers - - -
Total - 9 22
Highest Paid Full-Time Staff (₹ p.a.) - 250,000 935,000
Lowest Paid Full-Time Staff (₹ p.a.) - 72,940 133,344

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
Pipal Tree Foundation Livelihood Skill Development Maharashtra 98 12,485,665 10,372,962 2015