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Sita Devi Foundation

Sector: Livelihood
Sub Sector: Financial Inclusion
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goal:
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% 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.

Year of Establishment : 2002
Registered Address : 44A/1, Top Floor, Arjun Nagar, Safdarjung Enclave, New Delhi 110029, Delhi
Presence :
Website : https://www.sitadevifoundation.org
Email : sitadevifoundation@yahoo.co.in
Telephone : +91 8750704556
Donor Contact : Mr. Rajendra / +91 9767671080 / sitadevifoundation@yahoo.co.in
Registered Under : The Indian Trust Act, 1882
Auditor : Manohar Ayalane & Co.
Bankers : ICICI Bank, Axis Bank
Trustees/Directors/Managing Committee: : Mr. Rajendra S. Vidaya - Founder, Ms. Pratima Bhatnagar - Trustee, Ms. Rakhi Singh Vidaya - Trustee, Dr. K. G. Bhatnagar - Trustee, Mr. Sanjiv Kumar Mishra - Trustee

SDF aims to provide financial inclusion, integrated urban livelihood support and services to the economically active poor, ranging from financial literacy and knowledge, capacity building, providing short-term affordable loans which are easy to repay, micro-insurance and remittance services to enable them to lead a better life.

Their vision is to create new horizons and economic opportunities for the poor and most vulnerable to enable them to reduce vulnerability by providing integrated livelihood support & services.

SDF current programme is as follows:

  • Financial Literacy and Knowledge Camp for the Urban Poor: SDF conducts workshops to increase awareness of financial education amongst the selected target group. Topics covered include money, budgeting, life cycle needs, debt management and others.

The outcomes of their Financial Inclusion Programme were as follows:

  • Increase in average monthly income and savings of borrowers as a result of the proposed assistance.
  • Increase in monthly income of beneficiary by 20% per month with some extra surplus in their hand which they save for their better future and emergencies.
  • The poor were empowered to become self-reliant.
  • Helping build a better life amongst attendees.
  • Community strengthening.
  • Promotion of livelihood & entrepreneurial skills.
FY 2014 (₹) FY 2015 (₹) FY 2016 (₹)
Income
Government Sources - - 10,000
Foreign Sources - - -
Institutional Sources 1,000 - 344,200
General Donations 1,070,000 1,225,000 1,001,700
Sales/Fees - - -
Interest/Dividend 48 26 1,179
Other Income - - -
Total Income (A) 1,071,048 1,225,026 1,357,079
 
Expenditure
Direct Program Activities 598,610 733,700 727,851
Program Staff Cost 300,000 300,000 426,000
Travel Expenses 68,600 68,600 67,587
Direct Program Expenses 898,610 1,033,700 1,153,851
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 95,996 109,964 121,641
Depreciation - - -
Other Expenses/Transfers - - -
Total Expenditure (B) 1,063,206 1,212,264 1,343,079
 
Surplus / Deficit (A-B) 7,842 12,762 14,000
Assets
Fixed Assets 19,150 19,150 28,349
Current Assets - - -
Cash And Bank 43,513 56,275 47,076
Total Current Assets 62,663 75,425 75,425
Investments - - -
Accumulated Deficits - - -
Total Assets 62,663 75,425 75,425
 
Liabilities
Trust Corpus 4,000 4,000 4,000
General Funds 44,663 57,425 71,425
Earmarked Funds - - -
Unutilized Grants - - -
Total 48,663 61,425 75,425
Loans - - -
Loans (From Members) - - -
Current Liabilities 14,000 14,000 -
Other Liabilities - - -
Total Liabilities 62,663 75,425 75,425
NA
FY 2014 FY 2015 FY 2016
Beneficiary Details
Direct Beneficiaries (nos.) 790 875 1,250
Indirect Beneficiaries (nos.) 3,650 4,375 6,250
Average Cost per Direct Beneficiary (₹) 651 402 99
Staff Details
No. of Staff 3 3 7
Number of Consultants - - -
Number Of Volunteers - - -
Total 3 3 7
Highest Paid Full-Time Staff (₹ p.a.) 216,000 216,000 216,000
Lowest Paid Full-Time Staff (₹ p.a.) 36,000 36,000 36,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Kherwadi Social Welfare Association (Yuva Parivartan) Livelihood Vocational Training Maharashtra 95 163,087,824 162,476,171
arr3
Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
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Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
ETASHA Society Livelihood Vocational Training Delhi 80 37,693,394 55,052,696
arr2
Outreach Association of Volunteers for Rural Development Livelihood Comprehensive Karnataka 79 24,575,785 26,071,792
Community Development Society Livelihood Microfinance Maharashtra 77 1,917,441 3,277,673


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