% 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 | : | 2012 |
Registered Address | : | Apurva Kutir, SF-3, Above HDFC Bank, Kadugodi-Hoskote Road , Bengaluru 560067, Karnataka |
Presence | : | Delhi, Gujarat, Karnataka |
Website | : | https://www.avasar.org |
: | info@avasar.org | |
Telephone | : | +91 9701122996 |
Donor Contact | : | Satya Lakshmi / 9483501003 / anand@avasarfoundation.in |
Registered Under | : | The Indian Trust Act, 1882 |
Auditor | : | Jyothsna & Associates |
Bankers | : | ICICI Bank |
Trustees/Directors/Managing Committee: | : | Mr. Anand Chaturvedi - Founder & Managing Trustee, Mr. S. N. Sriram - Co-Founder & Trustee, Mr. Benoy Tharakan - Founder Donor, Mr. Durgaprasad Pejathaya - Founder Donor, Mr. Sudesh Bhagat - Founder Donor |
The organisation’s program details are as follows: Scholarship Program: Avasar sponsors a child’s education (school/college fees) for 5 consecutive years which includes 2 Years at Pre-University Course (PUC) and minimum 3 Years at Graduate Level. This covers expenses towards tuition fees, books, stationery, etc. Digital Literacy: To drive digital literacy in rural communities of India, Avasar Foundation with the help of CSR funding introduced 34 Computer Labs in Government Aided schools with teachers employed at the organization’s payroll in each lab. Pre-Primary Schools: The Avasar Play Schools for children up to age 6 is a pilot project. The Foundation provides free education, books and uniform to students on first come first serve basis with a customized curriculum and activity based learning. Graduate to Employee: The transition to college from entering a corporate environment can be difficult because of a change in social norms. Avasar helps the youth and trains them for such situations with Business Communication, Presentation Skills, Interpersonal and Team Skills, etc. Training & Development: The Foundation provides employability training to young girls with Microsoft Digital Literacy, Job Readiness and Spoken English. So far, Avasar has trained more than 500 girls. Avasar is a member of World Association of NGOs and GuideStar International and receives financial as well as non-financial support from NASSCOM Foundation, Google Adwords Grant and Eagle Conferencing. Expeditors International India Pvt. Ltd. appointed Avasar as the Implementation Agency for its CSR program in 2016. |
FY 2020 (₹) | FY 2021 (₹) | FY 2022 (₹) |
Income and Expenditure Statement | -4,884,248 | 7,040,652 | -8,680,337 |
|
Balance Sheet | 13,505,719 | 15,655,942 | 6,683,671 |
|
Financial Notes |
1) Fund Raising Expenses includes Promotion Expenses.
2) Transfers to Statutory Reserves shown under Other Expenses/Transfers. |
FY 2020 | FY 2021 | FY 2022 | |
---|---|---|---|
Beneficiary Details | |||
Direct Beneficiaries (nos.) | - | - | - |
Indirect Beneficiaries (nos.) | - | - | - |
Average Cost per Direct Beneficiary (₹) | - | - | - |
Staff Details | |||
No. of Staff | - | 18 | 20 |
Number of Consultants | - | 2 | 2 |
Number Of Volunteers | - | 5 | 5 |
Total | - | 25 | 27 |
Highest Paid Full-Time Staff (₹ p.a.) | - | 312,000 | 360,000 |
Lowest Paid Full-Time Staff (₹ p.a.) | - | 144,000 | 168,000 |
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 | ||||||
Opportunity Foundation Trust (Avasar) | Education | Scholarships | Karnataka | 97 | 36,231,110 | 44,911,447 |
Atulya Vikash | Education | Services | Jharkhand | 97 | 333,630 | 333,127 |
Opportunity Foundation Trust (Avasar) | Education | Scholarships | Karnataka | 97 | 36,231,110 | 44,911,447 |
Atulya Vikash | Education | Services | Jharkhand | 97 | 333,630 | 333,127 |
Foundation For Excellence India Trust (FFEIT) | Education | Scholarships | Karnataka | 95 | 658,104,660 | 660,524,997 |
arr3 | ||||||
K.C. Mahindra Education Trust | Education | Girl Child | Maharashtra | 85 | 1,339,741,000 | 1,344,351,000 |
arr4 | ||||||
Atma Education Trust | Education | Services | Maharashtra | 76 | 19,739,697 | 17,160,220 |
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