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Opentree Foundation, The (Toybank)

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

UN Sustainable Development Goal:
NGO Logo

% Spent on Beneficiaries

84%
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 : 2004
Registered Address : Flat 7, 3rd floor, Jay Kutir, Taikalwadi, Off Bhagat Lane, Mahim , Mumbai 400016, Maharashtra
Presence : 28 States
Website : http://www.toybank.org/play
Email : mail@toybank.org
Telephone : +91 22 24388235
Donor Contact : Ms. Shweta Chari / +91 22 24388235 / shweta@toybank.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Kinjal H. Shah & Co.
Bankers : Yes Bank
Trustees/Directors/Managing Committee: : Ms. Shweta Chari - Co-Founder & CEO, Mr. Devendra Naik - Trustee, Ms. Jyoti Devjani - Trustee, Ms. Sangeeta Kapila - Trustee

Opentree Foundation, The Toybank has been set up with the aim of developing behavioural and mental growth of at-risk children in their most impressionable years of life. It believes that Games, Toys and Play are essential to development as it contributes to the cognitive, physical, social and emotional well-being of children. Toybank believes that although accessibility to good quality education is of prime importance, we should not overlook the importance of extra-curricular activities in moulding the lives of children as they evolve into strong, sensitive individuals.

The Toybank Model:

The NGO sets up play centres in the premises by collaborating with institutions. Play centres are spaces where children can have play sessions. These sessions consist of playing with educational games, which instruct as well as amuse and stocked keeping in mind the developmental needs of the children. The games are regularly replaced because of wear and tear and the children outgrowing them. A play session takes place twice a month resulting in successfully reduced absenteeism, boosted cooperation among children and helped them learn better.

Toybank works with a network of volunteers to execute their program to induce familiarity with the play groups where children are in an environment of comfort to develop their confidence and help them become better thinkers. The presence of a trained field officer ensures that children are fully engaged in the play session, and that they get to use the games in the way that is intended.

Toybank works towards bridging the gap between children from different backgrounds by creative play, group events and community events. Toys are also a means to channelize their energies towards developing social and communication skills, this forms the premise of their ideology of Power of Play. 

The digital Play2Learn Programme is guided by the principle that play is preventive and not a reactive engagement which has helped teachers to create a bond with students, overcome language difficulties, teach children despite of their restlessness, inattentiveness or disinterest in studies. Children may not do something from textbooks but tend to do the same thing through a play-based activity. Play2Learn activity sheets are developed by a curriculum development specialist, includes a variety of topics nested under two main branches of literacy and numeracy. The user-friendly design of these playsheets includes information on learning objectives, age group, and step-by-step instructions which are specially colour coded to help teachers easily identify the age-groups it is designed for.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 22,983,979 11,331,525 19,528,896
Sales/Fees - - -
Interest/Dividend 1,871,759 2,495,228 2,142,722
Other Income - 253 110,803
Total Income (A) 24,855,738 13,827,006 21,782,421
 
Expenditure
Direct Program Activities 11,877,995 13,143,422 19,221,246
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 11,877,995 13,143,422 19,221,246
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 1,228,605 2,572,319 3,410,087
Depreciation 331,025 293,586 240,690
Other Expenses/Transfers - - -
Total Expenditure (B) 13,437,625 16,009,327 22,872,023
 
Surplus / Deficit (A-B) 11,418,113 -2,182,321 -1,089,602
Assets
Fixed Assets 2,370,452 2,309,338 2,248,192
Current Assets 1,943,230 2,015,600 1,238,246
Cash And Bank 2,367,149 2,694,430 3,029,737
Total Current Assets 6,680,831 7,019,368 6,516,175
Investments 33,500,000 34,682,981 35,222,005
Accumulated Deficits - - -
Total Assets 40,180,831 41,702,349 41,738,180
 
Liabilities
Trust Corpus 5,427,489 8,368,680 9,873,022
General Funds 34,172,677 31,990,356 30,900,754
Earmarked Funds 128,768 361,240 540,783
Unutilized Grants - - -
Total 39,728,934 40,720,276 41,314,559
Loans 35,000 - -
Loans (From Members) - - -
Current Liabilities 416,897 982,073 423,621
Other Liabilities - - -
Total Liabilities 40,180,831 41,702,349 41,738,180
1) The NGO has provided only one amount as donation income and expenditure on projects; no detailed breakdown is available.
2) Other income includes misc. receipts and IT refund.
FY 2020 FY 2021 FY 2022
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.) - - -
Services Funds Raised (₹)
Donation 15,000
Total Funds Raised 15,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
arr4
Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
arr2
Opentree Foundation, The (Toybank) Children Services Maharashtra 84 21,782,421 22,872,023
Vathsalya Charitable Trust Children Child Care/Balwadi/Creche Karnataka 82 11,534,617 12,747,852
Annamitra Foundation (Formerly known as ISKCON Food Relief Foundation) Children Nutrition Maharashtra 73 447,797,532 462,334,334
arr3
Family Service Centre Children Adoption Maharashtra 67 8,855,533 7,095,463


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