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Vanchit Vikas

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

% Spent on Beneficiaries

68%
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 : 1985
Registered Address : 405/9, Narayan Peth, Pune 411030, Maharashtra
Presence :
Website : https://www.vanchitvikas.org
Email : vanchitvikas85@gmail.com
Telephone : +91 20 24454658; 24483050
Donor Contact : Ms. Sunita Joglekar / NA / vanchitvikas2007@rediffmail.com
Registered Under : The Societies Registration Act, 1860
Auditor : Jayant K. Kulkarni
Bankers : Bank of Maharashtra, Bank of Baroda, Bank of India, State Bank of India
Trustees/Directors/Managing Committee: : Shri Shriniwas Kanade - Trustee, Dr Rajani Indulkar - Trustee, Smt Sushama Datar - Trustee, Shri Ajit Chaphalkar - Trustee, Shri Ravindra Chaudhary - Trustee, Dr Sagar Pathak - Trustee

Their activities include:

  • Chandikadevi Adivasi Girls Hostel: Lot of tribal girls are forced to quit school at an early age to get married. To prevent this, Vanchit Vikas has opened a residential hostel. This program works towards providing education opportunities to these girls, spreading social awareness for their overall development, preventing early age marriages, personality development, and making them economically independent. They run various workshops to promote child education, with a special focus on girl child.
  • Neehar: Neehar is a foster home set up with a purpose of rehabilitating children of commercial sex workers. It creates conducive atmosphere for their healthy upbringing, making efforts so the children are accepted into mainstream society, providing them with educational opportunities, positive counselling and development of their overall skills for employment.
  • Sabala Mahila Kendra: This program provides marriage counselling for those having domestic issues and supports widows and deserted women who are exploited due to their financial dependence. The objective is to let these women lead a respectable life, help and encourage them to become financially independent through vocational training, build self-confidence, provide opportunities for their overall development and create awareness in society about their problems. After completion of training, these women are provided interest free loans to start their own business.
  • Projects in Red Light Areas: They operate a clinic, pathology lab, and guidance-cum-counselling centre for women in red light areas to spread awareness about HIV/AIDS and other sexually transmitted diseases and provide assistance for its prevention/ treatment. ‘Phulwa’, a home for children that continue to live with CSWs, provides children with a secure environment, education, knowledge on health & hygiene, and efforts to stop their exploitation.
  • Nirmal Ranwara: It is a Marathi magazine dedicated to children in the age group of 4 to 12 years with a focus on the creativity, promoting scientific approach and importance of social responsibility.
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources 749,460 880,565 805,021
Foreign Sources 1,880,793 1,548,706 1,381,406
Institutional Sources - - 363,452
General Donations 5,028,232 6,064,263 6,074,742
Sales/Fees 334,325 252,805 312,862
Interest/Dividend 131,053 84,683 163,565
Other Income - 150 3,453
Total Income (A) 8,123,862 8,831,171 9,104,501
 
Expenditure
Direct Program Activities 3,585,360 3,460,005 3,716,926
Program Staff Cost 2,424,056 2,348,909 2,821,077
Travel Expenses 236,365 250,725 105,466
Direct Program Expenses 6,009,416 5,808,914 6,538,003
Fund Raising Expenses 540 - 404,088
General Staff Cost 647,400 802,013 1,081,052
Overhead Expenses 955,360 789,828 701,598
Depreciation 338,760 807,069 726,702
Other Expenses/Transfers 14,571 141,079 280,372
Total Expenditure (B) 8,202,413 8,599,628 9,837,281
 
Surplus / Deficit (A-B) -78,551 231,544 -732,779
Assets
Fixed Assets 8,614,456 7,815,387 7,096,560
Current Assets 1,214,171 705,521 400,736
Cash And Bank 894,466 1,164,229 2,254,290
Total Current Assets 10,723,093 9,685,137 9,751,586
Investments 614,810 1,941,699 1,518,503
Accumulated Deficits 2,829,524 2,597,981 3,162,800
Total Assets 14,167,427 14,224,816 14,432,888
 
Liabilities
Trust Corpus - - -
General Funds - - -
Earmarked Funds 13,427,521 13,511,071 13,511,071
Unutilized Grants 689,905 643,345 771,817
Total 14,117,427 14,154,416 14,282,888
Loans 50,000 50,000 150,000
Loans (From Members) - - -
Current Liabilities - 20,400 -
Other Liabilities - - -
Total Liabilities 14,167,427 14,224,816 14,432,888
1) Grants utilised during the year have been included in Income and Expenses based on the guidelines of the Institute of Chartered Accountants of India. As a result, income/expenses shown are higher than that reported by the NGO.
2) Some overhead expenses have been included in Direct Programme Activities.
3) In FY14 and FY15, Other Expenses/Transfers mainly include Advance receivable (Neehar) written off.
FY 2013 FY 2014 FY 2015
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.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Apnalaya Development Community Development Maharashtra 100 120,651,654 111,278,029
arr2
Apnalaya Development Community Development Maharashtra 100 120,651,654 111,278,029
arr2
Parivartan Samajik Sanstha Development Camps/Activities Maharashtra 97 361,512 360,122
arr3
Vanchit Vikas Development Comprehensive Maharashtra 68 9,104,501 9,837,281
Mashal Social Welfare Society Development Services for the Poor Delhi 50 1,995,689 2,039,814
ASSIST Development Comprehensive Andhra Pradesh 11 5,212,287 1,787,134


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