HelpYourNGO - Education - Paragon-Charitable-Trust-(Muktangan)

Paragon Charitable Trust (Muktangan)

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

UN Sustainable Development Goal:
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% Spent on Beneficiaries

100%
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 : 1966
Registered Address : Paragon Charitable Trust, I-11/12 Paragon Condominium, Pandurang Budhkar Marg, Worli , Mumbai 400013, Maharashtra
Presence : Maharashtra
Website : https://www.muktanganedu.org
Email : contact@muktanganedu.org
Telephone : +91 022 24938752
Donor Contact : Mr. Rahul Ursekar / rahulursekar@muktanganedu.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : M. S. Parikh & Co.
Bankers : Axis Bank Limited (Local), Axis Bank Limited (FCRA)
Trustees/Directors/Managing Committee: : Mr. Sunil Mehta - Managing Trustee, Mrs. Elizabeth Mehta - Founder Trustee, Ms. Farida Bhathena - Trustee, Mr. Ashok Shah - Trustee, Ms. Zarin Virji - Trustee, Mr. Sridhar Ramachandran - Trustee, Mr. Vineeth Iyer - Trustee

Muktangan (an innovative model of the Paragon Charitable Trust) was developed to demonstrate the best practices in education through an inclusive, student and teacher friendly, community-based system within mainstream schooling. The ‘total schools’ approach provides holistic learning keeping in mind 21st century skills which are so essential for young learners of today. It works closely at the grassroots in partnership with various Governmental, Non-governmental organizations and academic institutions in urban and rural areas as knowledge partners to deliver integrated solutions to education.

Major Interventions:

School Program: The NGO believes that learning is a process which occurs through experience and reflections. Children are not just passive receivers of information; they are also active contributors in the classroom. The extensive school programme aims at addressing major gaps in the mainstream education system by providing conducive learning environments. The student- teacher ratio is low enabling one-to-one interactions between teacher and student. Overall, it concentrates on the holistic education, career guidance and mentoring, socio-emotional development, blended learning, nutrition, library and information communication technology and community connect.

Teacher Training:  It consists of three vital components,

  • Pre-service Teacher Education is the idea of developing community members into change facilitators. It aims at equipping teacher trainees with a strong theoretical foundation in the core areas of child development, emergent literacy, maths, critical thinking, inclusive practices and personal educational beliefs.
  • Inservice Teacher Education includes candidates serving as teachers in the schools after completing the 1-year of pre-service. They are further developed through orientation meetings, weekly curriculum understanding and design meetings and English proficiency sessions. 
  • Teachers and trainees undertake a self-appraisal facilitated by experienced faculty thrice a year based on their Key Performance Areas (KPA) and critical attributes (CA).

Further, the ECHO Model is an online, case-based learning model connecting participants across the globe for building capacity and sharing best practices. One of the key focus areas is to bridge educational gaps by empowering teachers with different teaching learning strategies to address challenges such as classroom diversity, lack of resources and skills, differences in learning styles of children and curricular adaptation.

Outreach Program: The goal is advocating the best practices of the programmes which can further be replicated and contextualized to facilitate more universally applicable learnings. The NGO regularly participate in discussion panels, consultation forums and “think-tanks” as well as present papers at the local, state, national and international forums to advocate our learnings and processes.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - 130,881,592 175,677,275
General Donations 145,856,790 3,064,118 2,732,707
Sales/Fees 260,800 - -
Interest/Dividend 24,564,054 - -
Other Income 315,391 19,126,248 39,384,416
Total Income (A) 170,997,035 153,071,958 217,794,398
 
Expenditure
Direct Program Activities 12,925,428 137,031,519 206,449,485
Program Staff Cost 151,459,706 - -
Travel Expenses - - -
Direct Program Expenses 164,385,134 137,031,519 206,449,485
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 2,978,237 284,256 215,782
Depreciation 3,551,371 - -
Other Expenses/Transfers 6,960,670 1,725,282 548,191
Total Expenditure (B) 177,875,412 139,041,057 207,213,458
 
Surplus / Deficit (A-B) -6,878,377 14,030,901 10,580,940
Assets
Fixed Assets 16,076,835 15,034,712 14,809,800
Current Assets 1,087,358 1,154,593 -
Cash And Bank 41,664,361 7,135,984 -
Total Current Assets 58,828,554 23,325,289 14,809,800
Investments 279,884,283 394,511,118 322,359,665
Accumulated Deficits - - -
Total Assets 338,712,837 417,836,407 337,169,465
 
Liabilities
Trust Corpus 160,553,982 170,553,982 171,053,982
General Funds 13,759,509 27,790,410 38,371,350
Earmarked Funds 133,988,527 135,493,839 114,937,836
Unutilized Grants 29,883,172 - -
Total 338,185,190 333,838,231 324,363,168
Loans - - -
Loans (From Members) - - -
Current Liabilities 527,647 83,998,176 12,806,297
Other Liabilities - - -
Total Liabilities 338,712,837 417,836,407 337,169,465
1) Other Income comprises of Miscellaneous Income and Profit on Sale of Assets.
2) The NGO has provided overall program expenses, but not a detailed breakdown.
3) Other Expenses/Transfer includes Transfer to Muktangan Development & Expansion Fund and Loss on sale of assets.
4) Restricted Funding received in advance has been taken under Unutilized Grants- FY20.
FY 2020 FY 2021 FY 2022
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - 564
Number of Consultants - - 9
Number Of Volunteers - - -
Total - - 573
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Paragon Charitable Trust (Muktangan) Education School Ops Maharashtra 100 217,794,398 207,213,458
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
arr2
Paragon Charitable Trust (Muktangan) Education School Ops Maharashtra 100 217,794,398 207,213,458
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
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Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
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K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
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Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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