HelpYourNGO

% Spent on Beneficiaries

91%

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.

NGO Details

Year of Establishment	:	2011
Registered Address	:	Infinity Tower II, 13th floor, Plot A3, Block GP, Sector V Salt Lake , Kolkata 700091, West Bengal
Presence	:
Website	:	https://www.ananteducation.org
Email	:	info@ananteducation.org
Telephone	:	+91 03340050410
Donor Contact	:	Ms. Sushmita Mandal / +919874316203 / smandal@ananteducation.org
Registered Under	:	The Indian Trust Act, 1882
Auditor	:	Kapoor Mehrotra & Associates
Bankers	:	ICICI Bank
Trustees/Directors/Managing Committee:	:	Mr. Ayush Goenka - Trustee, Ms. Kalyan Kar - Trustee

Programs

AEI’s goal is to not only offer Rs6,000 per selected student every year through the scholarship programme, but to also offer vocational training, motivational workshops, soft skills training, and use every other tool for all round development of their scholars, to make them ready for the job market. AEI intends to give a minimum of 50% of the scholarships to girl students and also gives scholarships to physically challenged students. So far, they have provided scholarships to more than 5,000 meritorious students and aim to reach out to 100,000 students by the year 2020.

Financials

FY 2013 (₹)

FY 2014 (₹)

FY 2015 (₹)

Income and Expenditure Statement 3,718,342 2,433,890 -632,806

Income
Government Sources	-	-	-
Foreign Sources	-	-	-
Institutional Sources	-	-	-
General Donations	40,450,359	31,604,244	8,898,641
Sales/Fees	-	-	-
Interest/Dividend	1,040	420	315,106
Other Income	-	-	85,398
Total Income (A)	40,451,399	31,604,664	9,299,145

Expenditure
Direct Program Activities	22,682,536	25,171,500	7,412,500
Program Staff Cost	1,877,499	2,041,236	1,623,871
Travel Expenses	518,396	22,309	22,040
Direct Program Expenses	24,560,035	27,212,736	9,036,371
Fund Raising Expenses	4,055,649	372,021	22,736
General Staff Cost	-	-	-
Overhead Expenses	7,598,977	1,563,708	850,804
Depreciation	-	-	-
Other Expenses/Transfers	-	-	-
Total Expenditure (B)	36,733,057	29,170,774	9,931,951

Surplus / Deficit (A-B)	3,718,342	2,433,890	-632,806

Balance Sheet 2,393,906 6,630,376 4,493,502

Assets
Fixed Assets	-	-	-
Current Assets	-	186,450	296,515
Cash And Bank	2,393,906	6,443,926	1,196,987
Total Current Assets	2,393,906	6,630,376	1,493,502
Investments	-	-	3,000,000
Accumulated Deficits	-	-	-
Total Assets	2,393,906	6,630,376	4,493,502

Liabilities
Trust Corpus	101,000	101,000	101,000
General Funds	1,823,472	4,257,362	3,624,556
Earmarked Funds	-	-	-
Unutilized Grants	-	-	-
Total	1,924,472	4,358,362	3,725,556
Loans	-	-	-
Loans (From Members)	-	-	-
Current Liabilities	469,434	2,272,014	767,946
Other Liabilities	-	-	-
Total Liabilities	2,393,906	6,630,376	4,493,502

Financial Notes

1) Direct Program Expenses are mainly scholarships awarded to deserving students.
2) Promotional expenses taken under Fund Raising Expenses.

Additional Information

	FY 2013	FY 2014	FY 2015
Beneficiary Details
Direct Beneficiaries (nos.)	-	-	1,235
Indirect Beneficiaries (nos.)	-	-	5,558
Average Cost per Direct Beneficiary (₹)	-	-	-
Staff Details
No. of Staff	24	11	8
Number of Consultants	-	-	-
Number Of Volunteers	-	1	1
Total	24	12	9
Highest Paid Full-Time Staff (₹ p.a.)	-	-	-
Lowest Paid Full-Time Staff (₹ p.a.)	-	-	-

Trend Analysis

Peer Comparison

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
	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
	Foundation For Excellence India Trust (FFEIT)	Education	Scholarships	Karnataka	95	658,104,660	660,524,997
arr3
	Anant Education Initiative	Education	Scholarships	West Bengal	91	9,299,145	9,931,951
	Atma Education Trust	Education	Services	Maharashtra	76	19,739,697	17,160,220

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Anant Education Initiative