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Annapurna Mahila Mandal

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

UN Sustainable Development Goal:
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% Spent on Beneficiaries

93%
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 : 2000
Registered Address : C Wing, Shubham Heights, Next to Runwal Panorama, Off Mumbai-Bangalore Highway, Service Road, Warje, Pune 411058, Maharashtra
Presence : Maharashtra
Website : https://www.annapurnapariwar.org
Email : secretary@annapurnapariwar.org
Telephone : +91 9552555209 / +91 9372348580
Donor Contact : Ms. Sujata Bhat / +91 9552555209 / financemgr@annapurnapariwar.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Gokhale, Tanksale & Ghatpande
Bankers : Indian Overseas Bank, Cosmos Bank
Trustees/Directors/Managing Committee: : Dr. Medha Purao-Samant - President, Ms. Chitra Khinvasara - Vice President, Ms. Anjali Diwan Patil - General Secretary, Mr. Suresh Dhopeswarkar - Member, Dr. S. Elangovan - Member, Ms. B. S. Pisal - Member, Prof. Vrushali Magdum - Member

The main activities of Annapurna Mahila Mandal are:

Educational Sponsorship: Annapurna Pariwar runs a special program Vidyapurna which awards educational scholarships to deserving children of single mothers. The NGO targets students where the school drop-out rate is estimated to be the highest. Vidyapurna started in 2003 as an educational sponsorship program for the children of single mothers who are borrowers of Annapurna Mahila Co-Operative Credit Society. Foster parents are identified who sponsor one/two children each studying between Standards 1 to 12. 836 children were sponsored in the last year.

Low Cost Day Care Centers: Vatsalyapurna is a chain of low cost Day Care Centers catering to children between the ages of 1 to 6 years of poor working women who are borrowers of Annapurna Mahila Co-Operative Credit Society.  The children are taught poems & educational games, story-telling sessions are held, and they engage in physical and mental creativity. They are taught soft skills like sharing, good lunch habits and discipline. At present, there are 21 day care centers in Pune and Mumbai providing care and a safety net to over 650 children.

The NGO also runs a working women’s hostel in Navi Mumbai and provides accommodation to 125 young women working in call centers and IT sector in Navi Mumbai. It has a guest hostel with a capacity of 75. The Dada Purao Research and Training Institute in Pune conducts research, trainings and seminars on Micro Finance and Micro Insurance. 

 

FY 2015 (₹) FY 2016 (₹) FY 2017 (₹)
Income
Government Sources - - -
Foreign Sources 5,617,298 - 6,679
Institutional Sources 75,000 - -
General Donations 579,847 3,653,692 3,724,060
Sales/Fees 240,873 193,845 150,800
Interest/Dividend 742,999 582,830 3,854,058
Other Income 357,100 18,077 18,206
Total Income (A) 7,613,117 4,448,444 7,753,803
 
Expenditure
Direct Program Activities 6,439,881 4,015,225 5,589,849
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 6,439,881 4,015,225 5,589,849
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 143,329 128,688 144,487
Depreciation 301,064 304,641 184,509
Other Expenses/Transfers - - 88,588
Total Expenditure (B) 6,884,274 4,448,554 6,007,433
 
Surplus / Deficit (A-B) 728,843 -110 1,746,370
Assets
Fixed Assets 2,343,899 2,087,705 1,452,216
Current Assets 14,455,605 17,403,087 726,557
Cash And Bank 1,124,028 458,074 468,669
Total Current Assets 17,923,532 19,948,866 2,647,442
Investments 3,535,336 1,503,824 20,608,708
Accumulated Deficits 282,704 282,814 -
Total Assets 21,741,572 21,735,504 23,256,150
 
Liabilities
Trust Corpus 20,686,000 20,723,977 20,723,977
General Funds - - 838,555
Earmarked Funds 936,352 956,717 1,631,262
Unutilized Grants - - -
Total 21,622,352 21,680,694 23,193,794
Loans - - -
Loans (From Members) - - -
Current Liabilities 119,220 54,810 62,356
Other Liabilities - - -
Total Liabilities 21,741,572 21,735,504 23,256,150
1) Income from Foreign Sources mainly include grants from Opportunity International Deutchland.
2) Rent from Projects, Technical Support Charges and Training & Workshop Fees taken in Sales/Fees.
3) In FY15, Other Income includes Rs3.22 lakhs received on account of awards received.
4) The NGO has provided overall amounts spent on various projects, but not a detailed breakdown.
5) Grant/Revolving Fund for Day Care Centre has been clubbed in Current Assets in FY15 (Investments in earlier years).
FY 2015 FY 2016 FY 2017
Beneficiary Details
Direct Beneficiaries (nos.) 1,975 1,486 1,650
Indirect Beneficiaries (nos.) 7,900 5,944 6,600
Average Cost per Direct Beneficiary (₹) 3,485 - -
Staff Details
No. of Staff 5 4 1
Number of Consultants - - -
Number Of Volunteers - - -
Total 5 4 1
Highest Paid Full-Time Staff (₹ p.a.) 186,092 206,172 223,200
Lowest Paid Full-Time Staff (₹ p.a.) 108,912 115,572 -
Services Funds Raised (₹)
Donation 5,000
Online Donation 10,000
Total Funds Raised 15,000
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
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K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
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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
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Annapurna Mahila Mandal Education School Maharashtra 93 7,753,803 6,007,433
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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