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Aastha Foundation, Aurangabad

Sector: Elderly
Sub Sector: Home/Shelter
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goal:
NGO Logo

% Spent on Beneficiaries

79%
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 : Plot No. 12, Sri Sankul, Flat No.1, Shrey Nagar, Aurangabad 431001, Maharashtra
Presence : Maharashtra
Website : https://www.aasthafoundationaurangabad.org
Email : info@aasthafoundationaurangabad.org
Telephone : +91 240 2050330
Donor Contact : Mr. Girish D. Hanchanal / +91 9822035349 / h.girish@hotmail.com
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : SVS & Associates
Bankers : Bank of Maharashtra
Trustees/Directors/Managing Committee: : Mr. Narendra Vaidya - President, Mr Ashish Garde - Vice President, Mr. Siraj Mawani - Founder Trustee, Dr. Seema Pandhare - Founder Trustee , Mr. Sameer Moti - Founder Trustee, Mr. Iqbal Moti - Founder Trustee, Mr. Harish Jakhete - Founder Trustee, Mrs. Rakhee Mannikar,Founder Trustee

Aastha Foundation wants to construct a Home (Basant Prabha-Visawa) in Aurangabad to provide residential housing and assisted living for the elderly. It will be constructed on 3 acres of land and accommodate up to 100 people. The Home will provide the elderly, twin sharing rooms with sanitation facilities, recreational facilities such as lawns and garden, dining hall and kitchen, meditation room, physiotherapy, counselling, and place to hold cultural events. The construction is expected to start from September 2015, after completing all legal formalities.

In FY15, Aastha Foundation organized an event on ‘Innovations in India’ in which a speech was given by Dr. A. P. J. Abdul Kalam. It organized a workshop on Fund Raising, participated in the GuideStar Exhibition in Mumbai, and also participated at a CSR Live Week Exhibition where it showcased its work and interacted with other NGOs and Corporates. Aastha Foundation also organized various need based programmes for senior citizens such as an Acupressure camp, Walkathon camp, Eye check-up, Bone density checking camp, Stress relieving workshop, and Alzheimer awareness camp.

With the support from Tata Institute of Social Sciences (TISS), Aastha Foundation has started conducting a Certificate Course in Geriatric care in Marathwada, which aims at promoting health, by preventing and treating diseases and disabilities in the elderly.

 
FY 2016 (₹) FY 2017 (₹) FY 2018 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 881,036 1,223,238 2,672,028
Sales/Fees 221,215 632,868 14,990
Interest/Dividend 8,816 5,419 19,858
Other Income - 30 -
Total Income (A) 1,111,067 1,861,555 2,706,876
 
Expenditure
Direct Program Activities 796,969 1,405,605 1,689,745
Program Staff Cost 180,000 56,670 117,100
Travel Expenses 12,400 5,001 7,260
Direct Program Expenses 976,969 1,462,275 1,806,845
Fund Raising Expenses - 20,980 415,661
General Staff Cost - - -
Overhead Expenses 335,071 238,226 59,398
Depreciation - - -
Other Expenses/Transfers - - 10,107
Total Expenditure (B) 1,324,440 1,726,482 2,299,271
 
Surplus / Deficit (A-B) -213,373 135,073 407,605
Assets
Fixed Assets 1,482,244 1,856,114 2,619,150
Current Assets 81,000 134,859 199,611
Cash And Bank 156,978 208,155 572,395
Total Current Assets 1,720,222 2,199,128 3,391,156
Investments 208,816 280,000 1,985,857
Accumulated Deficits 590,648 455,575 47,970
Total Assets 2,519,686 2,934,703 5,424,983
 
Liabilities
Trust Corpus 1,414,104 1,673,104 626,411
General Funds - - -
Earmarked Funds - - 3,130,296
Unutilized Grants - - -
Total 1,414,104 1,673,104 3,756,707
Loans 859,049 1,042,541 1,062,867
Loans (From Members) - - -
Current Liabilities 246,533 219,058 605,409
Other Liabilities - - -
Total Liabilities 2,519,686 2,934,703 5,424,983
1) The NGO has not provided a breakdown for the donations received. Most of the donors are individuals.
2) In FY15, Direct Program Expenses includes amounts spent on camps, and an event in which the late Dr. Kalam spoke.
3) In FY15, Fund Raising Expenses include Fund Raising events, Golf Championship, and an NGO Exhibition in Mumbai. In FY14, Fund Raising Expenses were spent on a 2-day event during the Joy of Giving Week. In FY13 & FY12, Advertisement costs taken as Fund Raising Expenses.
4) In FY13, building renovation of Rs400,000 taken in Other Expenses.
FY 2016 FY 2017 FY 2018
Beneficiary Details
Direct Beneficiaries (nos.) - - 745
Indirect Beneficiaries (nos.) - - 950
Average Cost per Direct Beneficiary (₹) 362 362 362
Staff Details
No. of Staff - - 5
Number of Consultants - - 2
Number Of Volunteers - - 23
Total - - 30
Highest Paid Full-Time Staff (₹ p.a.) - - 180,000
Lowest Paid Full-Time Staff (₹ p.a.) - - 96,000
Services Funds Raised (₹)
Donation 10,000
Offline Donation 3,650
Total Funds Raised 13,650
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Sarojini Naidu Rural Welfare and Educational Trust Elderly Home/Shelter Tamil Nadu 94 198,101 197,489
Ashraya Seva Trust Elderly Home/Shelter Karnataka 85 4,647,794 3,628,371
arr2
Bharatiya Varishtha Nagarik Samiti Elderly Care & Services Uttar Pradesh 81 502,417 586,380
Aastha Foundation, Aurangabad Elderly Home/Shelter Maharashtra 79 2,706,876 2,299,271
Radha Medical Trust Elderly Home/Shelter Maharashtra 62 1,537,556 1,585,845
arr3
Mothers Nest Elderly Home/Shelter Andhra Pradesh 40 827,800 813,558
arr4


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