HelpYourNGO

% Spent on Beneficiaries

76%

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	:	1902
Registered Address	:	Opp. Tardeo A/C Market, 73, Tardeo Road, Mumbai 400034, Maharashtra
Presence	:
Website	:	https://www.vmsb.org
Email	:	vm@blindschool.net
Telephone	:	+91 22 23531236
Donor Contact	:	Ms. Angeline Swamy / +91 9920040203 / vm@blindschool.net
Registered Under	:	The Bombay Public Trust Act, 1950
Auditor	:	Damji Merchant & Co
Bankers	:	State Bank of India
Trustees/Directors/Managing Committee:	:	Mr. Madhav L. Apte - Vice-Chairman, Ms. Kamalini H. Bhansali - Vice-Chairman, Ms. Mala Goenka - Secretary, Ms. Kallolini Hazarat - Trustee

Programs

In 1904 the Trust set up The Victoria Memorial School for the Blind (VMSB) for the education and rehabilitation of visually handicapped children. Since then VMSB has been continuously providing free education along with free lodging and boarding and other amenities for the welfare of visually impaired blind boys.

Children are trained in performing arts, arts and crafts, computer education, sports, photography, a massage course and an arithmetic programme called the Universal Concept of Mental Arithmetic System to help children solve tough academic problems and increase their memory power.

The school also equips their students to work as professionals. Many of their past students work as computer operators, masseurs, telephone operators, event managers and teachers.

Financials

FY 2012 (₹)

FY 2013 (₹)

FY 2014 (₹)

Income and Expenditure Statement 1,480,757 -673,950 643,683

Income
Government Sources	4,140,881	3,900,583	4,418,433
Foreign Sources	-	-	-
Institutional Sources	-	-	-
General Donations	4,627,329	3,310,774	3,730,324
Sales/Fees	1,992,504	2,658,125	2,894,556
Interest/Dividend	2,951,387	3,025,681	3,833,254
Other Income	31,300	28,928	39,155
Total Income (A)	13,743,401	12,924,091	14,915,722

Expenditure
Direct Program Activities	3,006,344	2,534,833	3,163,257
Program Staff Cost	6,357,596	7,314,263	7,615,328
Travel Expenses	78,852	80,764	99,383
Direct Program Expenses	9,363,940	9,849,096	10,778,585
Fund Raising Expenses	-	-	-
General Staff Cost	320,000	480,000	520,000
Overhead Expenses	1,998,400	2,652,799	2,421,329
Depreciation	501,452	535,382	452,742
Other Expenses/Transfers	-	-	-
Total Expenditure (B)	12,262,644	13,598,041	14,272,039

Surplus / Deficit (A-B)	1,480,757	-673,950	643,683

Balance Sheet 43,001,550 47,406,266 52,198,898

Assets
Fixed Assets	2,327,400	2,893,469	6,835,025
Current Assets	1,543,206	1,603,276	1,481,318
Cash And Bank	3,130,944	7,059,521	3,532,555
Total Current Assets	7,001,550	11,556,266	11,848,898
Investments	36,000,000	35,850,000	40,350,000
Accumulated Deficits	-	-	-
Total Assets	43,001,550	47,406,266	52,198,898

Liabilities
Trust Corpus	11,727,670	13,651,520	15,376,520
General Funds	1,317,643	643,693	1,287,376
Earmarked Funds	29,194,165	32,295,233	34,750,479
Unutilized Grants	-	-	-
Total	42,239,478	46,590,446	51,414,375
Loans	-	-	-
Loans (From Members)	-	-	-
Current Liabilities	762,072	815,820	784,523
Other Liabilities	-	-	-
Total Liabilities	43,001,550	47,406,266	52,198,898

Financial Notes

1) Transfers to and from Earmarked Funds have been adjusted in Donations on the basis of ICAI Guidelines. As a result, the total income shown by us is different from that reported by the NGO.

Additional Information

	FY 2012	FY 2013	FY 2014
Beneficiary Details
Direct Beneficiaries (nos.)	-	-	-
Indirect Beneficiaries (nos.)	-	-	-
Average Cost per Direct Beneficiary (₹)	-	-	-
Staff Details
No. of Staff	-	-	-
Number of Consultants	-	-	-
Number Of Volunteers	-	-	-
Total	-	-	-
Highest Paid Full-Time Staff (₹ p.a.)	-	-	-
Lowest Paid Full-Time Staff (₹ p.a.)	-	-	-

Trend Analysis

Peer Comparison

NGO Name	Sector	Sub Sector	Location	% Spent on Beneficiaries	Income (₹)	Expense (₹)
	Ashadeep	Disability	Mental Health	Assam	93	15,085,229	14,812,193
	Diya Foundation	Disability	Vocational Training - Mental Disability	Karnataka	85	7,085,548	5,854,510
	Adarsh Charitable Trust	Disability	Compr - Mental/Phy Disability	Kerala	84	20,344,781	25,880,909
arr4
	Amar Seva Sangam	Disability	Rehabilitation - Physical Disability	Tamil Nadu	80	166,555,712	148,525,716
arr2
	Victoria Memorial School for the Blind, The	Disability	Blind - Services	Maharashtra	76	14,915,722	14,272,039
	Andhjan Kalyan Trust	Disability	Comprehensive - Multiple	Gujarat	72	2,204,277	2,533,317
arr3

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Victoria Memorial School for the Blind, The