HelpYourNGO - Education - Yashodhan-Education-Trust

Yashodhan Education Trust

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

UN Sustainable Development Goals:
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% Spent on Beneficiaries

88%
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 : 1979
Registered Address : Shastri Nagar No. 2, Near Pipeline, Pokharan Rd. No.1, Opp. N. G. Vihar, Thane 400606, Maharashtra
Presence :
Website : https://www.yetschool.com
Email : yashodhan_school@yahoo.co.in
Telephone : +91 22 25885437
Donor Contact : Mr. Purushottam Yadav / +91 9867600507 / yashodhan_school@yahoo.co.in
Registered Under : The Bombay Public Trust Act, 1950
Auditor : J. S. Shetty & Co.
Bankers : Canara Bank
Trustees/Directors/Managing Committee: : Mr. Rajgopalan Iyangar - Founder, Mr. P. M. Yadav - Chairman, Mr. D. P. Khatu - Secretary, Mr. R. A. Kovale - Treasurer, Mr. J. L. Raut - Member, Mr. P. V. Patil - Member, Mr. K. M. Yadav - Member, Mr. Ajay Raut - Member

Their objectives are:

  • To improve the quality and standard of education to be imparted to students.
  • To motivate teachers in order to enhance students interest in studies and introduce a new evaluation system for improving the quality of education.

The key achievements by YET in the past 35 years include:

  • The High School educates children from kindergarten to standard ten in English and Marathi medium.
  • 1,000 students are currently enrolled at the school.
  • The school employs 45 Teaching and Non-Teaching Staff.
  • The school is equipped with Science Laboratories, Computer Room, PT Room and Library. Medical Check-ups and Health Camps are conducted at the school.
  • The Trust has received permission to establish a Junior College in Arts and Commerce.

Historically, the School has operated through the income generated through school fees, which is low. YET requires government support and financial aid to pursue its twin aims of increasing school capacity and offering higher education. They are currently planning to extend their outreach by building another school in Thane. YET is looking to higher secondary school with increased divisions in each year in order to benefit as many students as possible. They are looking for support from NGOs, institutions, companies or foreign NGOs for the same.

FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - - -
Foreign Sources 3,311,660 1,004,263 176,098
Institutional Sources - - -
General Donations 36,000 362,672 288,355
Sales/Fees 2,983,165 4,414,231 5,278,857
Interest/Dividend 446,079 525,621 735,562
Other Income 16,901 14,860 2,100
Total Income (A) 6,793,805 6,321,647 6,480,972
 
Expenditure
Direct Program Activities 467,642 515,445 580,413
Program Staff Cost 3,394,381 3,209,932 3,309,217
Travel Expenses 38,812 45,010 45,432
Direct Program Expenses 3,862,023 3,725,377 3,889,630
Fund Raising Expenses 17,815 9,325 12,450
General Staff Cost - - -
Overhead Expenses 265,441 370,186 190,283
Depreciation 369,651 353,020 317,680
Other Expenses/Transfers - - -
Total Expenditure (B) 4,553,742 4,502,918 4,455,475
 
Surplus / Deficit (A-B) 2,240,063 1,818,730 2,025,497
Assets
Fixed Assets 3,580,735 3,337,170 3,133,872
Current Assets 65,295 66,696 1,040,599
Cash And Bank 586,199 1,038,598 1,677,538
Total Current Assets 4,232,229 4,442,464 5,852,009
Investments 5,816,011 6,660,440 7,727,524
Accumulated Deficits - - -
Total Assets 10,048,240 11,102,904 13,579,533
 
Liabilities
Trust Corpus 302,242 302,242 302,242
General Funds 5,205,242 8,614,263 10,639,760
Earmarked Funds 3,435,473 2,021,482 2,243,882
Unutilized Grants - - -
Total 8,942,957 10,937,987 13,185,884
Loans - - -
Loans (From Members) - - -
Current Liabilities 1,105,283 164,918 393,650
Other Liabilities - - -
Total Liabilities 10,048,240 11,102,904 13,579,533
1) Support received for staff salaries from foreign parties shown under Foreign Sources.
2) Sales/Fees include school fees and computer education fees.
3) Direct Programme Activities include overheads like printing & stationery and electricity incurred for running the School.
4) Advertisement expenses shown under Fund Raising Expenses.
5) Building Fund shown under Earmarked Funds.
FY 2013 FY 2014 FY 2015
Beneficiary Details
Direct Beneficiaries (nos.) 1,084 - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 44 - -
Number of Consultants 1 - -
Number Of Volunteers - - -
Total 45 - -
Highest Paid Full-Time Staff (₹ p.a.) 168,972 - -
Lowest Paid Full-Time Staff (₹ p.a.) 18,000 - -
Services Funds Raised (₹)
Donor Advisory 175,000
Total Funds Raised 175,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
arr2
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
arr3
K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
arr4
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Yashodhan Education Trust Education School Maharashtra 88 6,480,972 4,455,475
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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