HelpYourNGO

% Spent on Beneficiaries

91%

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	:	2001
Registered Address	:	Plot No. 989, Road No. 50, Jubilee Hills, Hyderabad 500033, Telangana
Presence	:
Website	:	https://N. A.
Email	:	ashokvir@kaalmannsgroup.com
Telephone	:	+91 40 23096753
Donor Contact	:	Mr. Ashok Kumar Vir / +91 9849010140 / ashokvir@kaalmannsgroup.com
Registered Under	:	The Indian Trust Act, 1882
Auditor	:	Kapasi Bangad & Co.
Bankers	:	HDFC Bank Ltd.
Trustees/Directors/Managing Committee:	:	Mr. Ashok Kumar Vir - Managing Trustee, Ms. Sudha Vir - Trustee, Mr. Gautam Vir - Trustee, Ms. Madhavi Vir - Trustee, Ms. Aarti Vir - Trustee

Programs

The organisation’s vision is to impart technical training to facilitate holistic development of youth. VETF offers standard courses (1 Year at campus + 2 yrs apprenticeship at industries) and short term courses (3-6 months) in Plumbing, Carpentry, Welding, and Electrical & Processing Plastics.

Eligibility for the standard courses is 10^th class pass certificate and for short term courses the applicants should have completed education up to 7^th standard.

In addition to technical training, the curriculum includes:

(i) English classes so that trainees can communicate, understand and read training material

(ii) Extracurricular activities like cooking, yoga and sports

(iii) A protocol on 'cleanliness' of 'work places' & 'hostel'

VETF trainees are most suited to roles in machine shops for auto parts, machine tools, general engineering, process industries or maintenance.

The organisation plans to replicate its model through franchise training centres.

Financials

FY 2013 (₹)

FY 2014 (₹)

FY 2015 (₹)

Income and Expenditure Statement 70,965 76,331 4,906,284

Income
Government Sources	-	-	-
Foreign Sources	-	-	-
Institutional Sources	-	-	-
General Donations	-	-	-
Sales/Fees	3,011,525	4,162,559	8,505,938
Interest/Dividend	21,097	854,894	924,801
Other Income	-	-	-
Total Income (A)	3,032,622	5,017,453	9,430,739

Expenditure
Direct Program Activities	1,877,853	2,805,922	2,528,876
Program Staff Cost	588,266	1,321,685	1,530,106
Travel Expenses	57,989	148,769	76,641
Direct Program Expenses	2,466,119	4,127,607	4,058,982
Fund Raising Expenses	-	-	-
General Staff Cost	-	-	-
Overhead Expenses	188,067	410,064	152,172
Depreciation	249,482	254,682	236,660
Other Expenses/Transfers	-	-	-
Total Expenditure (B)	2,961,657	4,941,122	4,524,455

Surplus / Deficit (A-B)	70,965	76,331	4,906,284

Balance Sheet 36,291,036 98,475,123 109,668,397

Assets
Fixed Assets	24,743,964	77,080,707	76,852,047
Current Assets	1,054,461	853,219	1,399,394
Cash And Bank	10,312,611	10,346,197	11,200,636
Total Current Assets	36,111,036	88,280,123	89,452,077
Investments	180,000	10,195,000	20,216,320
Accumulated Deficits	-	-	-
Total Assets	36,291,036	98,475,123	109,668,397

Liabilities
Trust Corpus	31,173,000	42,708,000	48,429,001
General Funds	2,848,654	2,924,985	7,831,269
Earmarked Funds	-	52,452,500	52,452,500
Unutilized Grants	-	-	-
Total	34,021,654	98,085,485	108,712,770
Loans	-	-	-
Loans (From Members)	-	-	-
Current Liabilities	2,269,382	389,638	955,627
Other Liabilities	-	-	-
Total Liabilities	36,291,036	98,475,123	109,668,397

Financial Notes

1) Sales/Fees are from Students training receipts and training material sold to students.
2) Electricity charges and Institute maintenance have been included in Direct Programme Expenses.
3) Professional charges included in Programme Staff Cost.
4) In FY14, Land Revaluation Reserve has been created and taken under Earmarked Funds.

Additional Information

	FY 2013	FY 2014	FY 2015
Beneficiary Details
Direct Beneficiaries (nos.)	24	-	-
Indirect Beneficiaries (nos.)	-	-	-
Average Cost per Direct Beneficiary (₹)	-	-	-
Staff Details
No. of Staff	7	-	-
Number of Consultants	8	-	-
Number Of Volunteers	6	-	-
Total	21	-	-
Highest Paid Full-Time Staff (₹ p.a.)	237,800	-	-
Lowest Paid Full-Time Staff (₹ p.a.)	60,000	-	-

Trend Analysis

Peer Comparison

NGO Name	Sector	Sub Sector	Location	% Spent on Beneficiaries	Income (₹)	Expense (₹)
	Sumruddhi Trust	Livelihood	Self Help Groups - Women	Maharashtra	93	688,559	703,700
	Virs Educational and Training Foundation (VETF)	Livelihood	Vocational Training	Telangana	91	9,430,739	4,524,455
	Sita Devi Foundation	Livelihood	Financial Inclusion	Delhi	91	1,357,079	1,343,079
arr2
	Virs Educational and Training Foundation (VETF)	Livelihood	Vocational Training	Telangana	91	9,430,739	4,524,455
	Sita Devi Foundation	Livelihood	Financial Inclusion	Delhi	91	1,357,079	1,343,079
arr2
	Kherwadi Social Welfare Association (Yuva Parivartan)	Livelihood	Vocational Training	Maharashtra	86	241,261,020	241,023,292
arr4
	ETASHA Society	Livelihood	Vocational Training	Delhi	80	37,693,394	55,052,696
arr3
	Outreach Association of Volunteers for Rural Development	Livelihood	Comprehensive	Karnataka	79	24,575,785	26,071,792

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Virs Educational and Training Foundation (VETF)