HelpYourNGO - Education - Umang-Foundation

Umang Foundation

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

UN Sustainable Development Goals:
NGO LogoNGO LogoNGO Logo

% Spent on Beneficiaries

90%
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 : 2008
Registered Address : 1506/7, Ruby, Nirmal Lifestyles, Mulund (W), Mumbai 400080, Maharashtra
Presence : Maharashtra
Website : https://www.umangfoundation.org
Email : umang.ashish@gmail.com
Telephone : +91 22 25900222
Donor Contact : Mr. Ashish Goyal / +91 9819940222 / ashish@umangfoundation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Varun Golechha & Associates
Bankers : ICICI Bank, State Bank of India (FCRA)
Trustees/Directors/Managing Committee: : Mr. Ashish Goyal - Founder & Managing Trustee, Mr. Akshay Shah - Trustee, Mr. Pankaj Shah - Trustee, Ms. Pooja Goyal - Trustee

Umang Foundation is committed to transforming lives in rural and tribal regions of Maharashtra. Founded with the belief that every child and individual deserves access to basic education, dignity, and support, the foundation channels nearly all its resources directly into community welfare. It operates with a clear mission to uplift underprivileged communities by improving education, health, and social awareness.

Major Interventions:

School Infrastructure Development: Umang Foundation renovates government-run tribal schools to create safe, vibrant, and engaging learning spaces. These projects include structural repairs, painting, providing furniture, and establishing smart classrooms. It also constructs toilets in schools to promote hygiene and reduce dropout rates, especially among girl students.

Education & Sports: To ensure continuity in education, the NGO distributes stationery kits, notebooks, and digital devices among school children in remote areas. It also sets up libraries under the “Meri Umang” initiative and awards scholarships to meritorious students. The “Umang Gurukul” program mentors students by connecting them with professionals who guide them in academics and career paths. It also supports young athletes through sports scholarships and facilitates their participation in national and international competitions.

Health and Hygiene: The “Umang Care” initiative focuses on improving healthcare in underserved regions through medical camps, blood donation drives, and awareness programs on menstrual hygiene. The foundation also installs water filtration systems in villages under the “Swatch Jal” project to provide access to clean drinking water.

Volunteer Engagement: Umang provides numerous opportunities for volunteers to contribute—be it through teaching, creative workshops, motivational talks, or environmental activities like school gardening.

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - - -
Foreign Sources 154,642 4,294,474 438,747
Institutional Sources - - -
General Donations 1,708,448 1,935,157 4,188,121
Sales/Fees - - -
Interest/Dividend 1,719,750 1,811,900 1,478,546
Other Income 5,720 - -
Total Income (A) 3,588,560 8,041,531 6,105,414
 
Expenditure
Direct Program Activities 1,090,631 9,694,055 6,470,681
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 1,090,631 9,694,055 6,470,681
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 98,751 1,932,747 244,103
Depreciation - - -
Other Expenses/Transfers - 71,544 496,111
Total Expenditure (B) 1,189,382 11,698,345 7,210,895
 
Surplus / Deficit (A-B) 2,399,178 -3,656,814 -1,105,481
Assets
Fixed Assets 567,655 496,111 -
Current Assets 1,575,951 1,033,269 516,645
Cash And Bank 15,120,499 9,270,657 12,115,582
Total Current Assets 17,264,105 10,800,037 12,632,227
Investments 12,473,516 15,271,270 12,347,570
Accumulated Deficits - - -
Total Assets 29,737,621 26,071,307 24,979,797
 
Liabilities
Trust Corpus 6,911,929 6,911,929 6,911,929
General Funds 22,796,191 19,139,378 18,033,898
Earmarked Funds - - -
Unutilized Grants - - -
Total 29,708,120 26,051,307 24,945,827
Loans - - -
Loans (From Members) - - -
Current Liabilities 29,501 20,000 33,970
Other Liabilities - - -
Total Liabilities 29,737,621 26,071,307 24,979,797
1) The NGO has provided an overall spent on the programs, but not a detailed breakdown.
2) Other Expenses/Transfers include loss on disposal of assets.
3) Investments include FDs and their accrued interest.
FY 2022 FY 2023 FY 2024
Beneficiary Details
Direct Beneficiaries (nos.) - 500 -
Indirect Beneficiaries (nos.) - 5,000 -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - 100 -
Total - 100 -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
Services Funds Raised (₹)
Online Donation 7,000
Total Funds Raised 7,000
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
arr2
MentorMe Foundation (The Apprentice Project) Education Learning Aids Maharashtra 92 31,125,800 30,114,200
arr4
Umang Foundation Education Services Maharashtra 90 6,105,414 7,210,895
K.C. Mahindra Education Trust Education Girl Child Maharashtra 85 1,339,741,000 1,344,351,000
arr3
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


Look for NGOs working in your preferred State