HelpYourNGO - Education - Modern-Educational-Social-

Modern Educational Social & Cultural Organisation (MESCO)

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

UN Sustainable Development Goals:
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% Spent on Beneficiaries

93%
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 : 1968
Registered Address : Natalwala Building 110, Veer Savarkar Road, Mahim, Mumbai 400016, Maharashtra
Presence : Maharashtra
Website : https://www.mescotrust.org
Email : mescotrust@yahoo.co.in
Telephone : +91 22 24455365; +91 22 24441442
Donor Contact : Mr. A. R. Ansari / +91 9967594946 / trustmesco@gmail.com
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : CNK & Associates LLP
Bankers : State Bank of India
Trustees/Directors/Managing Committee: : Prof. M. Farhaan Makba - President, Mr. Masud Memon - Vice President, Mr. Salman Kardame - Gen. Secretary, Mr. Jamil Shaikh - Treasurer, Mr. Saeed A. Vohra - Member, Mr. Altaf Shaikh - Member, Mr. Maqbool Husain - Member, Mr. Irfan Shaikh - Member, Ms. Mussarat Shaikh - Member

Modern Educational Social and Cultural Organization (MESCO) is a selfless effort for serving mankind which began with a few friends. The organization works in the fields of education, medical assistance and poverty relief. Shaping careers of the economically underprivileged students, empowering women and girls, providing relief and rehabilitation, preventive and curative medical assistance, ration support and entrepreneurial avenues are key focus areas of the organization.

Major Interventions:

> Educational Programs:

i) Educational Aid: MESCO assisted 2,629 students at the school level and 1,159 students at the college level by way of one time financial aid at the beginning of the academic year. Deserving students enrolled for further technical courses and aid was provided to Short Term Vocational Courses. MESCO also extends its support for Industrial Training Institute (ITI) courses.

ii) Educational Adoption Scheme (EAS): This program identifies high-performing students with constrained financial conditions and limited means and supports their educational requirements on a multi-year basis. 566 students were supported during the last financial year.

iii) High Cost Education Scheme (HCES): Under this program, financial help is provided to academically bright students for professional courses. The platform offers assistance to fulfil their dream of pursuing a professional course after assessing their financial stability.

> Poverty & Disaster Relief: During the year, 438 families were provided with monthly dry ration. 131 sewing machines were distributed to widows, destitute, poor and orphan women as part of sewing machine donation drive. The NGO provides support for disaster relief thereby helping families affected by natural calamities.

> Medical Services:

i) Medical Aid: MESCO provides High Cost Medical Aid for various surgeries related to cardiac ailments, kidney, brain, orthopaedic, hormones, immunity deficiencies, injuries or burns and undergoing treatment at municipal and government hospitals. Patients undergoing smaller and short-term ailments are also provided with medical assistance including minor surgeries. During the year, 278 cases were supported.

ii) Dialysis Assistance: Financial assistance is given to patients who require support under the Sustained Dialysis Scheme for 6 months. 50 beneficiaries were treated during the year.

iii) Dispensaries and Health Camps: The NGO runs clinics to provide primary care with qualified professionals, several awareness and medical camps are also conducted. Emphasis on prevention of diseases is the primary focus to overcome nutrition deficiencies, infectious diseases and unhygienic living conditions. Antibiotics, vitamins, calcium and iron supplements are also provided.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 89,954,355 88,210,550 97,610,999
Sales/Fees 348,726 80,003 150,890
Interest/Dividend 2,676,380 2,197,642 2,679,345
Other Income 1,405 1,671,023 245,625
Total Income (A) 92,980,866 92,159,218 100,686,859
 
Expenditure
Direct Program Activities 96,262,863 79,736,455 89,750,310
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 96,262,863 79,736,455 89,750,310
Fund Raising Expenses - - -
General Staff Cost 153,400 177,000 -
Overhead Expenses 8,034,468 6,814,045 6,065,810
Depreciation 759,184 605,698 520,058
Other Expenses/Transfers 2,006 - 24,073
Total Expenditure (B) 105,211,921 87,333,198 96,360,251
 
Surplus / Deficit (A-B) -12,231,055 4,826,020 4,326,608
Assets
Fixed Assets 3,978,627 3,395,955 2,917,080
Current Assets 3,611,891 3,690,274 3,624,529
Cash And Bank 16,714,776 27,792,886 11,845,895
Total Current Assets 24,305,294 34,879,115 18,387,504
Investments 31,368,891 36,811,336 58,221,067
Accumulated Deficits - - -
Total Assets 55,674,185 71,690,451 76,608,571
 
Liabilities
Trust Corpus 30,597,466 40,987,467 41,730,467
General Funds 22,162,993 26,989,013 31,315,621
Earmarked Funds 1,545,263 2,075,671 2,075,671
Unutilized Grants - - -
Total 54,305,722 70,052,151 75,121,759
Loans - - -
Loans (From Members) - - -
Current Liabilities 1,368,463 1,638,300 1,486,812
Other Liabilities - - -
Total Liabilities 55,674,185 71,690,451 76,608,571
1) Other income includes profit on sale of mutual fund, net income from newspapers, interests on IT refund.
2) Direct Program Activities include Scholarships/Educational Aid, Medical Relief Aid, Donation-in-kind and Food Support given to the poor.
3) The NGO has provided overall amounts spent on various objects, but not a detailed breakdown.
4) Other expenses includes amount written off, loss on sale of assets.
FY 2020 FY 2021 FY 2022
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - -
Total - - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
Services Funds Raised (₹)
Donor Advisory 200,000
Total Funds Raised 200,000
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
Modern Educational Social & Cultural Organisation (MESCO) Education Scholarships Maharashtra 93 100,686,859 96,360,251
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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