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Basic Research Education and Development Society (BREAD Society)

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

UN Sustainable Development Goal:
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% Spent on Beneficiaries

95%
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 : 1989
Registered Address : Plot No. 1300 A, Road No. 66, Jubilee Hills, Hyderabad 500033, Telangana
Presence : Andhra Pradesh, Telangana
Website : https://www.breadsocietyindia.org
Email : breadsociety@gmail.com
Telephone : +91 80 28485128; +91 9391357141
Donor Contact : Mr. Ramamohan Rao Kakani / +91 9342109434 / breadsociety@gmail.com
Registered Under : The Societies Registration Act, 1860
Auditor : P. Mohana Rao & Co.
Bankers : Andhra Bank, UCO Bank
Trustees/Directors/Managing Committee: : Justice (Dr.) P. C. Rao - President, Dr. K. Ramachandra Murthy - Vice-President, Mr. Chundru Janakiram Prasad - Vice-President, Mr. Ramamohan Rao Kakani - Secretary, Mr. V. Kesava Rao - Joint Secretary, Mr. B. Vidya Sagar - Treasurer, Mr. Vijaya Sai Meka - Joint Treasurer, Mr. S. Sudhakar - Chief Coordinator, Dr. Raavi Sarada - Project Director, Dr. Shanti Swarup Medasani - Member, Mr. M Nageswara Rao - Member, Mr. C. Kesavulu - Member, Mr. Madan Mohan - Member, Mr. Narasimhulu Naidu - Member, Mr. Krishnam Naidu - Member

Basic Research Education and Development Society (BREAD) was established with the mission to inculcate the thirst for knowledge among students from the marginalized sections of society. This helps to achieve a child's full potential for the good of the individual and society.

The Library Program was started in 2009 as children going to government schools had no access to books other than text books. With a view to inculcating reading habits among them, BREAD has set up 1024 in the past 9 years, thereby benefitting almost 4 lakh students annually.

An Expert Committee selects books of interest to children falling in the 9-15 years age group. Each BREAD Library consists of 600-650 books and has a corpus of Rs 10,000 to distribute prizes to children. BREAD selects government schools securing six or more National Means-cum-Merit Scholarship (NMMS) awards in a year, for setting up its libraries. Donors can sponsor a library for Rs35,000. A donation of Rs2,000 enables it to replenish 80 books in its existing libraries. To sustain the interest of students, it adds 80-100 new books to its existing libraries on a rotation basis.

Responsibility of managing the libraries is given to a teacher by the Headmaster. The teacher in turn, selects three responsible students from each class to manage the library during their library period. This helps the students develop team spirit, leadership and managerial skills and also relieves the teachers from the burden of additional work of managing the libraries. BREAD has set up libraries in 617 NMMS schools and felicitated 1,772 Headmasters and teachers for their selfless service.

BREAD distributes prizes (10 for each school) to students for the best write-ups since write-ups are conclusive proof of students having read the books. During FY17, 550 students from 67 schools were given dictionaries as prizes for best write-ups.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 6,309,243 4,813,501 5,436,264
Sales/Fees - - -
Interest/Dividend 1,271,063 1,313,282 1,295,971
Other Income - - -
Total Income (A) 7,580,306 6,126,783 6,732,235
 
Expenditure
Direct Program Activities 6,434,744 4,706,537 5,362,522
Program Staff Cost - 15,500 -
Travel Expenses - - -
Direct Program Expenses 6,434,744 4,722,037 5,362,522
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 20,379 17,905 273,350
Depreciation 1,867 1,591 3,259
Other Expenses/Transfers - - -
Total Expenditure (B) 6,456,989 4,741,533 5,639,132
 
Surplus / Deficit (A-B) 1,123,317 1,385,250 1,093,103
Assets
Fixed Assets 11,299 9,708 6,448
Current Assets 125,623 101,629 221,920
Cash And Bank 570,921 479,240 359,494
Total Current Assets 707,843 590,577 587,862
Investments 16,313,052 17,963,860 20,487,677
Accumulated Deficits - - -
Total Assets 17,020,895 18,554,437 21,075,539
 
Liabilities
Trust Corpus 67,000 70,000 72,000
General Funds 11,166,073 12,696,614 13,860,158
Earmarked Funds 5,787,822 5,787,822 7,143,380
Unutilized Grants - - -
Total 17,020,895 18,554,437 21,075,539
Loans - - -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 17,020,895 18,554,437 21,075,539
1) The NGO does not have any paid employee. The Staff costs shown are paid for Coaching Assistance. All work is done by volunteers and no money is spent on wages or tours.
2) We have assumed that each school has an average of 450 Students. The NGO had set up 551 libraries as of March 2014; this has increased to 663 libraries as of March 2015; 764 as of March 2016 and 888 as of March 2017.
3) Foreign Sources mainly include donations from NRIs and Give Foundation.
4) Publicity expenses are included in Fund Raising Costs.
5) FY14 onwards, Current Liabilities comprise UCO Bank Overdraft balance.
FY 2020 FY 2021 FY 2022
Beneficiary Details
Direct Beneficiaries (nos.) 600,000 - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants 1 - -
Number Of Volunteers 2 - -
Total 3 - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
Services Funds Raised (₹)
Donation 9,000
Total Funds Raised 9,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
arr2
Vidya & Child (Project under JPNMT) Education Learning Centre Uttar Pradesh 96 63,435,653 49,730,610
arr3
Basic Research Education and Development Society (BREAD Society) Education Services Telangana 95 6,732,235 5,639,132
Christel House India Education School Karnataka 93 199,631,000 209,555,000
Indian Dreams Foundation (IDF) Education Learning Centre Uttar Pradesh 75 1,415,740 1,400,398
arr4
Nabadwip Bakultala Vidyalaya Praktan Chhatra Sammilanee (NBVPCS) Education School West Bengal 62 1,805,618 2,329,936


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