HelpYourNGO - Education - Salaam-Bombay-Foundation

Salaam Bombay Foundation

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

UN Sustainable Development Goals:
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% Spent on Beneficiaries

73%
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 : 2002
Registered Address : 1st Floor, Nirmal Building, Nariman Point, Mumbai 400021, Maharashtra
Presence : Maharashtra
Website : https://www.salaambombay.org
Email : info@salaambombay.org
Telephone : +91 022 61491900
Donor Contact : Ms. Tasnim Motorwala / 9821329747, 9326948476 / tasnim.motorwala@salaambombay.org
Registered Under : The Companies Act, 1956
Auditor : S R B C & CO. LLP
Bankers : HDFC Bank, State Bank of India
Trustees/Directors/Managing Committee: : Dr. Sultan Pradhan, Ms. Padmini Sekhsaria, Mr. Balkumar Agarwal, Dr. Anjali Chhabria, Mr. Suhail Nathani, Mrs. Ritu Nanda, Ms. Ashni Biyani, Mr. Nikhil Swadi

Salaam Bombay Foundation is dedicated to empowering underprivileged adolescents by providing them with the skills, confidence, and resources necessary to stay in school and build brighter futures. The foundation envisions a world where every child has the opportunity to reach their full potential, breaking the cycle of poverty through education and skill development. Its mission is to equip children with the knowledge and tools needed to make informed choices about their health, education, and livelihood, ensuring their overall well-being and success.

Major Interventions:

Preventive Health Education Programme: SBF operates a range of programs designed to support at-risk children. It educates students on the dangers of tobacco consumption, the importance of nutrition, and mental well-being. Through initiatives like KHANA, students learn about proper nutrition, while the Super Army program engages them in tobacco control advocacy. The Happy Minds initiative provides psychological support to help children manage stress and emotional challenges.

The Skills@School Program focuses on vocational training, offering students practical skills in beauty and wellness, bakery, mobile repair, and digital literacy. This initiative allows adolescents to earn an income while continuing their education, thus preventing school dropouts. Project Résumé bridges classroom education with vocational training, enabling underprivileged adolescents to earn part-time without leaving school. It enhances their future job prospects by integrating education with skill development, apprenticeships, and 21st-century employment skills. The program nurtures confidence, self-esteem, and life skills through art, sports, and media academies, empowering youth at a critical stage.

The Academy of the Arts encourages self-expression through theatre, dance, music, and creative arts, helping students build confidence and discover new career pathways. The Media Academy trains students in journalism, photography, and video editing, giving them a platform to express their perspectives and develop career-oriented skills. The Sports Academy uses fitness and sports to instill discipline, teamwork, and resilience while offering students opportunities in the sports industry.

DreamLab supports alumni by providing advanced training, internships, and entrepreneurial opportunities. The initiative enables former students to transition into sustainable careers through mentorship, market exposure, and financial assistance for business ventures.

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - - -
Foreign Sources 6,885,000 14,953,000 25,673,000
Institutional Sources - - -
General Donations 68,215,000 57,462,000 73,675,000
Sales/Fees 1,000 947,000 748,000
Interest/Dividend 21,948,000 25,867,000 29,097,000
Other Income 6,014,000 171,000 117,000
Total Income (A) 103,063,000 99,400,000 129,310,000
 
Expenditure
Direct Program Activities 38,602,000 32,884,000 44,163,000
Program Staff Cost 38,987,000 40,861,000 43,826,000
Travel Expenses 397,000 1,466,000 4,735,000
Direct Program Expenses 77,589,000 73,745,000 87,989,000
Fund Raising Expenses - - -
General Staff Cost 19,059,000 20,869,000 20,507,000
Overhead Expenses 6,475,000 5,681,000 8,460,000
Depreciation 4,516,000 4,402,000 4,407,000
Other Expenses/Transfers 50,000 169,000 134,000
Total Expenditure (B) 108,086,000 106,332,000 126,232,000
 
Surplus / Deficit (A-B) -5,023,000 -6,932,000 3,078,000
Assets
Fixed Assets 25,621,000 24,914,000 24,158,000
Current Assets 3,644,000 4,096,000 5,516,000
Cash And Bank 58,772,000 14,905,000 18,029,000
Total Current Assets 88,037,000 43,915,000 47,703,000
Investments 335,734,000 362,783,000 363,701,000
Accumulated Deficits - - -
Total Assets 423,771,000 406,698,000 411,404,000
 
Liabilities
Trust Corpus 304,826,000 304,826,000 304,833,000
General Funds 76,704,000 69,772,000 72,850,000
Earmarked Funds - - -
Unutilized Grants - - -
Total 381,530,000 374,598,000 377,683,000
Loans - - -
Loans (From Members) - - -
Current Liabilities 42,241,000 32,100,000 33,721,000
Other Liabilities - - -
Total Liabilities 423,771,000 406,698,000 411,404,000
1) Sales/Service Charges include registration & sponsorship fees.
2) Other Income includes the sale of investments and other assets, income tax refunds, etc.
3) Direct program activities include electricity, rent, and repairs of programs.
4) Other liabilities include long-term provisions for gratuity.
FY 2022 FY 2023 FY 2024
Beneficiary Details
Direct Beneficiaries (nos.) 68,510 52,711 66,378
Indirect Beneficiaries (nos.) 168,974 105,362 115,369
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 83 87 78
Number of Consultants 36 35 34
Number Of Volunteers 35 30 40
Total 154 152 152
Highest Paid Full-Time Staff (₹ p.a.) 5,000,000 5,000,000 5,000,000
Lowest Paid Full-Time Staff (₹ p.a.) 180,000 156,001 216,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
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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Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 95 658,104,660 660,524,997
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K.C. Mahindra Education Trust Education Girl Child Maharashtra 85 1,339,741,000 1,344,351,000
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Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220
Salaam Bombay Foundation Education School and Vocational Training Maharashtra 73 129,310,000 126,232,000


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