HelpYourNGO - Education - Malenadu-Education-and-Rural-Development-S...

Malenadu Education and Rural Development Society

Sector: Education
Sub Sector: School and Vocational Training
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goal:
NGO Logo

% Spent on Beneficiaries

83%
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 : 1998
Registered Address : Opp. Satkar Hotel, Ekalvya, 2nd Floor, Madukara Building, Sirsi 581401, Karnataka
Presence :
Website : https://www.chandanaschool.org
Email : meardsociety@gmail.com
Telephone : +91 8384 279319
Donor Contact : Mr. L. M. Hegde / +91 9448649730 / meardsociety@gmail.com
Registered Under : The Bombay Public Trust Act, 1950
Auditor : M. B. Kadkol & Co.
Bankers : Corporation Bank, Syndicate Bank
Trustees/Directors/Managing Committee: : Mr. G. N. Hegde - Chairman, Ms. S. R. Hegde - Vice Chairperson, Mr. L. M. Hegde - Secretary, Mr. Ashok Bhat - Treasurer, Dr. Ramesh - Trustee, Mr. K. R. Prakash - Trustee, Mr. L. S. Bhat - Trustee

Some of their activities are as follows:

  • Chandana School for Children: The NGO's aim is to impart entrepreneurial, vocational, and activity-based education to students from early childhood to matriculation. The trustees believe that education should be interesting, meaningful and that financial constraints should not be a hurdle for getting proper education.  The organisation also runs a pre-primary school under the same name. Besides academics, they also conduct outdoor sports and games, have an interactive science centre and audio-visual methods to encourage different ways of learning. The children are also encouraged to participate in extracurricular activities such as dancing and speech competitions. MEARDS also has a Science Centre with the financial support of Deshpande Foundation in Hubli to provide science training to the teachers and students, especially from government schools.
  • Eklavya Computer Centre: The centre provides soft and technical skills training especially in leadership, communication and computer knowledge in order to enable the underprivileged in the area. They have 4 centres currently with around 250 students. The centre also conducts functional English workshops, a mobile library to facilitate better communication skills, and personality development. 
FY 2014 (₹) FY 2015 (₹) FY 2016 (₹)
Income
Government Sources 1,039,675 341,826 427,935
Foreign Sources - - -
Institutional Sources 100,000 - 6,000,000
General Donations 171,500 2,026,916 195,550
Sales/Fees 2,405,093 2,944,488 3,888,635
Interest/Dividend 3,547 7,127 15,556
Other Income - - -
Total Income (A) 3,719,815 5,320,357 10,527,676
 
Expenditure
Direct Program Activities 1,723,473 2,967,246 4,830,949
Program Staff Cost 1,991,525 - 39,750
Travel Expenses - - -
Direct Program Expenses 3,714,998 2,967,246 4,870,699
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 7,055 - 11,179
Depreciation 587,978 1,184,444 969,952
Other Expenses/Transfers - - -
Total Expenditure (B) 4,310,031 4,151,690 5,851,830
 
Surplus / Deficit (A-B) -590,216 1,168,668 4,675,846
Assets
Fixed Assets 5,464,062 6,904,786 6,420,836
Current Assets - - -
Cash And Bank 107,885 306,798 6,222,187
Total Current Assets 5,571,947 7,211,584 12,643,023
Investments 40,000 40,000 40,000
Accumulated Deficits - - -
Total Assets 5,611,947 7,251,584 12,683,023
 
Liabilities
Trust Corpus - - -
General Funds 3,411,715 4,571,352 9,988,791
Earmarked Funds - - -
Unutilized Grants - - -
Total 3,411,715 4,571,352 9,988,791
Loans 2,200,232 2,680,232 2,694,232
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 5,611,947 7,251,584 12,683,023
1) Grant from Supraja Foundation (Rs60 lakhs) in FY16 shown under Institutional Sources.
2) Sales/Fees include fees received from Chandana School and Eklavya Centre.
3) From FY15, the NGO has provided overall amounts spent on each of its programs, but has not given a detailed breakdown.
4) Direct Program Activities include overheads like electricity, printing/stationery pertaining to programs.
FY 2014 FY 2015 FY 2016
Beneficiary Details
Direct Beneficiaries (nos.) 12,500 13,000 15,000
Indirect Beneficiaries (nos.) 10,900 14,000 18,000
Average Cost per Direct Beneficiary (₹) 3,000 3,000 3,500
Staff Details
No. of Staff 40 45 53
Number of Consultants - - -
Number Of Volunteers - - -
Total 40 45 53
Highest Paid Full-Time Staff (₹ p.a.) 144,000 156,000 204,600
Lowest Paid Full-Time Staff (₹ p.a.) 48,000 48,000 48,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
arr2
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
arr3
K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
arr4
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Malenadu Education and Rural Development Society Education School and Vocational Training Karnataka 83 10,527,676 5,851,830
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


Look for NGOs working in your preferred State