UN Sustainable Development Goal:
% Spent on BeneficiariesHelpYourNGO 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||:||2001|
|Registered Address||:||3rd Floor, Reliable Plaza, Thane Belapur Road, Airoli, Navi Mumbai 400708 , Maharashtra|
|Presence||:||Andhra Pradesh, Assam, Bihar, Chandigarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Mizoram, Orissa, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal|
|Telephone||:||+91 022 62434848|
|Donor Contact||:||Ms. Preeti Dhingra / firstname.lastname@example.org|
|Registered Under||:||The Companies Act, 1956
|Auditor||:||BSR & Associates LLP|
|Bankers||:||ICICI Bank, HSBC Bank, HDFC Bank, Axis Bank, ING Vyasya Bank|
|Trustees/Directors/Managing Committee:||:||Mr. Deval Sanghavi, Mr. Rajiv Dube, Ms. Shaneen Parikh, Mr. Sandeep Murthy, Mr. Jaideep Khanna, Mr. Jayant Rastogi|
Magic Bus India Foundation has been working with young people, living in poverty, taking them from a childhood full of challenges to a life with meaningful livelihoods impacting youth in the age group of 12 to 24 years by equipping them with the skills and knowledge they need to grow up and move out of poverty, and take control of their future.
Adolescent Programme: The NGO work with adolescents for their holistic development helping them to overcome hurdles and equip them to complete secondary education. Life skills are taught in a way they understand through the activity-based curriculum. It also focuses on Education Enhancement to improve their basic literacy and numeracy. Magic Bus works with multiple stakeholders from an adolescent’s ecosystem to build network of support and uplift their community.
Livelihood Programme: The objective is to enhance the employability of youth by imparting life skills and connecting them to sustainable livelihood opportunities in white and grey-collar sectors. The youth are provided with sector-specific training and job placements. Post-placement support are also provided in the form of mentoring and handholding through regular follow-ups as job retention is a key challenge for youth from underserved communities. Sectors including Retail, BFSI, ITeS, Logistics and QSR are supported.
Youth Skill Programmes: The aim is to improve financial literacy, digital literacy and spoken English. The NGO provides youth with mentoring, career awareness and interview preparation to get them ready for the world of formal employment.
|FY 2020 (₹)||FY 2021 (₹)||FY 2022 (₹)|
|Income and Expenditure Statement||10,452,644||106,617,284||71,637,000|
|1) Donations include donations in kind.
2) Other income includes profit on sale of mutual fund.
3) Direct Programme Activities include administrative expenses pertaining to programmes.
4) There are overall amounts spent on programmes, but not a detailed breakdown- FY22.
5) Other expenses includes foreign exchange loss, prior period items, loss on sale of assets, amounts written off, and provision for doubtful advances.
|FY 2020||FY 2021||FY 2022|
|Direct Beneficiaries (nos.)||-||-||-|
|Indirect Beneficiaries (nos.)||-||-||-|
|Average Cost per Direct Beneficiary (₹)||-||-||-|
|No. of Staff||-||-||-|
|Number of Consultants||-||-||-|
|Number Of Volunteers||-||-||-|
|Highest Paid Full-Time Staff (₹ p.a.)||-||-||-|
|Lowest Paid Full-Time Staff (₹ p.a.)||-||-||-|
|Services||Funds Raised (₹)|
|Total Funds Raised||5,000|
|NGO Name||Sector||Sub Sector||Location||% Spent on Beneficiaries||Income (₹)||Expense (₹)|
|Grace Peter Charitable Trust||Children||Services||Tamil Nadu||94||647,790||659,846|
|Magic Bus India Foundation||Children||Services||Maharashtra||86||1,125,067,000||1,053,430,000|
|Vathsalya Charitable Trust||Children||Child Care/Balwadi/Creche||Karnataka||82||11,534,617||12,747,852|
|Annamitra Foundation (Formerly known as ISKCON Food Relief Foundation)||Children||Nutrition||Maharashtra||73||447,797,532||462,334,334|
|Family Service Centre||Children||Adoption||Maharashtra||67||8,855,533||7,095,463|
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