| | | Rs, Y/E March 31 | | Income & Expenditure Statement | 2018 | 2019 | 2020 | | Income From | | Government Sources | 0 | 0 | 0 | | Institutional Sources | 25,332,564 | 15,304,868 | 7,617,808 | | Foreign Sources | 1,159,965 | 0 | 0 | | Donations | 6,365,656 | 6,815,375 | 7,637,519 | | Sales/Fees | 2,107,700 | 2,134,100 | 1,488,700 | | Interest/Dividend | 17,442,998 | 17,332,542 | 17,447,763 | | Other Income | 465,430 | 3,130,360 | 3,519,070 | | Total Income (A) | 52,874,313 | 44,717,245 | 37,710,860 | | | Expenses For | | Direct Programme Activities | 8,157,036 | 6,423,217 | 7,806,761 | | Programme Staff Cost | 2,675,920 | 5,127,588 | 6,073,749 | | Travel Expenses | 122,529 | 111,820 | 23,559 | | Direct Programme Expenses | 10,955,485 | 11,662,625 | 13,904,069 | | Fund Raising Expenses | 302,335 | 194,896 | 1,650,000 | | General Staff Cost | 254,200 | 270,000 | 271,600 | | Overhead Expenses | 468,469 | 265,110 | 160,284 | | Depreciation | 3,709,332 | 4,306,835 | 3,745,048 | | Other Expenses/Transfer | 20,076,723 | 7,472 | 360 | | Total Expenditure (B) | 35,766,544 | 16,706,938 | 19,731,361 | | Surplus / (Deficit) (A-B) | 17,107,769 | 28,010,307 | 17,979,499 | | | Balance Sheet | 2018 | 2019 | 2020 | | Assets | | Fixed Assets | 46,601,155 | 42,380,520 | 38,856,446 | | Current Assets (excl. Cash) | 6,419,964 | 6,868,801 | 7,238,370 | | Cash/Bank | 47,370,211 | 26,038,514 | 10,398,814 | | Investments | 218,316,571 | 269,726,586 | 296,841,477 | | Accumulated Deficits | 0 | 0 | 0 | | Total Assets | 318,707,901 | 345,014,421 | 353,335,107 | | | Liabilities | | Corpus / Share Capital | 155,990,973 | 158,886,977 | 161,819,584 | | General Funds | 157,216,922 | 185,227,229 | 189,454,439 | | Earmarked Funds | 4,900,000 | 0 | 0 | | Loans | 0 | 0 | 0 | | Current Liabilities | 600,006 | 900,215 | 2,061,084 | | Total Liabilities | 318,707,901 | 345,014,421 | 353,335,107 | | | Other Details | 2018 | 2019 | 2020 | | Direct Beneficiaries (Nos) | 345 | 342 | 294 | | Indirect Beneficiaries (Nos) | N.A. | N.A. | N.A. | | Cost Per Direct Beneficiary (Rs) - Avg. | 92,919 | 36,258 | 54,375 | | Number of Staff | 16 | 17 | 15 | | Highest Salary (Rs p.a.) | 309,564 | 338,988 | 351,600 | | Lowest Salary (Rs p.a.) | 133,620 | 145,641 | 161,928 |
| Note: * Adjusted. Transfers to Reserves have been excluded from total expenses to calculate the proportion of expenses 'Used for Beneficiaries' |
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| Regd. under |
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The Companies Act, 1956
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| Auditor |
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Ramnarain & Co. |
| Bankers |
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| HDFC Bank |
Indian Overseas Bank |
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Kotak Mahindra Bank |
State Bank of Mysore |
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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. Ramesh Swamy |
Mr. K. V. Natesan |
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Mr. B. Sivakumar |
Mr. M. R. Subramanian |
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Mr. A. S. Narayanan |
Mr. M. V. Ganesh |
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Mr. N. H. Subramaniam |
Mr. S. Swaminathan |
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Source : Audit Report 2020
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Financial Note : 1) Donations from Foreign Sources taken from Receipts & Payments account; the balance figure of Donations/Grants to Unnati Program shown under Institutional Sources.
2) Donations & Endowments shown under Donations.
3) The NGO earns a significant portion of its Total Income from Interest on Fixed Deposits.
4) Other income includes interest on Income tax refund and miscellaneous income.
5) Electricity, Rent, Water, etc. charges related to the Training Centre have been included in Program Cost.
6) Publicity expenses shown under Fund Raising Expenses.
7) Transfers to Unnati Corpus Fund and Sundry Balances written off shown under Other Expenses/Transfer.
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| NGO Profile : |
Sree Guruvayurappan Bhajan Samaj Trusts (SGBS) main objectives are vocational training (Unnati), promoting arts & culture (Utsav), education assistance (Shiksha), and providing funeral services (Samstha). It is supported by a number of corporates and individuals.
Their activities include:
- Unnati: This program provides vocational and life skills training, and guaranteed jobs to underprivileged youth through a well-organised and structured program spanning 50 days. The program is divided into 3 units: a) Learn: Empower underprivileged youth with necessary skills; b) Earn: Provide youth with sustainable jobs at the end of the training; c) Stand Tall: Provide youth with self-confidence, value systems and soft skills that enable them to become better citizens and better prepared for day-to-day challenges. Due to the success of the Unnati center in Bangalore, 32 such centers were opened across India. So far, over 24,000 underprivileged young men and women have benefitted. The Indian Institute of Corporate Affairs (IICA) recognized Unnati as a “Partner in Excellence”. This recognition was awarded to Unnati for its effectiveness in implementing the IICA Certified Program in CSR.
- Utsav: The program aims at preserving Indian traditions and promoting arts and culture through music, dance, spiritual discourses and devotional music. Under this, SGBS organizes concerts to promote budding musicians and renowned artists perform at these events. The concerts help raising funds for the Trust’s activities as well. Around 2,500-3,000 families participate yearly.
- Shiksha: The primary objective of this program is ‘education for all’. It focuses on students from economically weaker sections, and ensures they are given support for their school fees and education expenses. The program has supported education of 621 students (279 girls and 342 boys), and has helped many students who would otherwise have discontinued their studies due to financial constraints. SGBS staff also counsels children to focus on studies and encourages them to take part in extra-curricular activities.
Samstha: This program offers help to families at the time of bereavement with funeral services and facilities to conduct the last rites of the departed soul. The Trust facilitated over 300 families in FY 2017-18.
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