| | Rs, Y/E March 31 | | Income & Expenditure Statement | 2013 | 2014 | 2015 | | Income From | | Government Sources | 275,000 | 680,042 | 1,122,430 | | Institutional Sources | 15,557,630 | 20,282,912 | 29,834,696 | | Foreign Sources | 7,393,804 | 9,574,821 | 8,206,959 | | Donations | 0 | 0 | 0 | | Sales/Fees | 0 | 0 | 0 | | Interest/Dividend | 4,576,418 | 5,168,621 | 6,270,994 | | Other Income | 170,466 | 212,366 | 196,770 | | Total Income (A) | 27,973,318 | 35,918,761 | 45,631,848 | | | Expenses For | | Direct Programme Activities | 8,042,680 | 10,383,580 | 11,215,429 | | Programme Staff Cost | 9,260,443 | 13,211,600 | 17,449,713 | | Travel Expenses | 723,325 | 1,121,127 | 1,059,840 | | Direct Programme Expenses | 18,026,448 | 24,716,307 | 29,724,982 | | Fund Raising Expenses | 728,161 | 1,327,559 | 479,956 | | General Staff Cost | 356,329 | 789,285 | 563,996 | | Overhead Expenses | 608,969 | 861,563 | 1,002,589 | | Depreciation | 3,884,626 | 5,236,724 | 11,051,931 | | Other Expenses/Transfer | 1,167 | 0 | 0 | | Total Expenditure (B) | 23,605,701 | 32,931,438 | 42,823,454 | | Surplus / (Deficit) (A-B) | 4,367,616 | 2,987,323 | 2,808,395 | | | Balance Sheet | 2013 | 2014 | 2015 | | Assets | | Fixed Assets | 47,538,665 | 60,235,247 | 67,053,817 | | Current Assets (excl. Cash) | 315,984 | 490,095 | 497,008 | | Cash/Bank | 1,845,671 | 1,475,432 | 2,176,155 | | Investments | 57,189,918 | 66,793,824 | 80,851,417 | | Accumulated Deficits | 0 | 0 | 0 | | Total Assets | 106,890,238 | 128,994,598 | 150,578,398 | | | Liabilities | | Corpus / Share Capital | 42,416,852 | 51,261,515 | 56,310,679 | | General Funds | 60,423,386 | 73,573,547 | 90,216,506 | | Earmarked Funds | 4,050,000 | 4,050,000 | 4,050,000 | | Loans | 0 | 0 | 0 | | Current Liabilities | 0 | 109,536 | 1,213 | | Total Liabilities | 106,890,238 | 128,994,598 | 150,578,398 | | | Other Details | 2013 | 2014 | 2015 | | Direct Beneficiaries (Nos) | 1,793 | 1,930 | 2,220 | | Indirect Beneficiaries (Nos) | 3,600 | 4,000 | 4,500 | | Cost Per Direct Beneficiary (Rs) - Actual | 13,165 | 17,062 | 20,687 | | Number of Staff | 112 | 140 | 153 | | Highest Salary (Rs p.a.) | 244,200 | 337,700 | 435,200 | | Lowest Salary (Rs p.a.) | 36,000 | 36,000 | 36,000 |
| Note: * Adjusted. Depreciation is more than 10% of total expenses and is excluded while calculating the proportion of expenses 'Used for Beneficiaries' |
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| Regd. under |
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The Indian Trust Act, 1882
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| Auditor |
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Menon & Pai |
| Bankers |
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| Indian Overseas Bank |
Indian Bank |
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ICICI Bank |
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| Donor tax benefits |
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80G 50%
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| Eligible for foreign donations |
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Yes |
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| Trustees/Directors/Managing Committee: |
| Mr. Muralidharan V, Founder |
Mr. Lakshminarayanan E., Trustee |
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Mr. Ilayaraja G., Trustee |
Mr. Shankar R., Trustee |
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Mr. Thilak Iyer, Trustee |
Ms. Annapurna N., Trustee |
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Mr. Kumaran Mani, Trustee |
Ms. Sujatha Renganathan, Trustee |
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Mr. Lakshmikanthan T. M., Trustee |
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Source : Audit Report 2015
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Financial Note : 1) Details of breakdown of Income & Expenditure cross checked with information provided in the FY13 and FY14 Annual Reports. In FY15, this breakdown was not provided, and Donations received have been taken under Income from Institutions. Based on past trends, this would include some Income from Foreign Sources.
2) Some overheads directly spent on the beneficiaries have been included under Direct Programme Activities.
3) Advertisement expenses taken as Fund Raising Costs and tallied with Annual Report. The same has not been provided in FY15 Annual report.
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| NGO Profile : |
Sevalaya was founded in 1988, on the basis of the motto, Love All, Serve All. Sevalaya's vision is to serve the rural poor and transform them for an equitable, happy and fulfilled society with an improved quality of life. Sevalaya serves around 33 villages in and around the remote Kasuva village near Tiruninravur in Tamil Nadu. All services are rendered absolutely free of any charges, without any discrimination based on caste, creed, religion or gender.
Sevalaya's services focus on:
Education
- A school for underprivileged children: Sevalaya believes in providing high quality education, life skills, and character building for rural children to prepare them for productive, healthy, and happy lives. They run the Mahakavi Bharathiyar School, a free school from balwadis (pre-KG) to Std. 12 for poor children from the neighbouring villages. The children are provided education completely free-of-cost, including text books, notebooks, and uniforms. Transport to and from the school is also free for primary school children. The school achieved 100% pass results in Std. 10 and Std. 12 in 2013-14.
- Home for boys and girls: Sevalaya runs the Swami Vivekananda Boys’ Home and Mother Teresa Girls’ Home for orphans, poor, and destitute children. At present these homes shelter about 150 children. These homes provide food, shelter, education, opportunities for skill development and talent promotion in an atmosphere of love and care.
The Aged
- Sri Ramakrishna Paramahamsa Old Age Home was inaugurated in 2002. It is a Home for destitute and poor senior citizens with a difference – the residents participate, in whatever little way they can, in the activities of this self-reliant community. The Home accommodates 65 senior citizens. The building and the infrastructure are financed by the People of Japan through the Consul General of Japan at Chennai.
In the past, the organisation was selected as the 'Best Old Age Home in Tamil Nadu' by the Social Welfare Department, Government of Tamil Nadu.
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