| Goal 4: Quality Education
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| Rs, Y/E March 31 | Income & Expenditure Statement | 2018 | 2019 | 2020 | Income From | Government Sources | 0 | 0 | 0 | Institutional Sources | 0 | 0 | 0 | Foreign Sources | 0 | 0 | 0 | Donations | 5,986,794 | 13,960,829 | 16,769,956 | Sales/Fees | 0 | 0 | 0 | Interest/Dividend | 5,068,883 | 4,935,073 | 5,287,436 | Other Income | 0 | 0 | 164,833 | Total Income (A) | 11,055,677 | 18,895,902 | 22,222,225 | | Expenses For | Direct Programme Activities | 10,718,320 | 14,179,373 | 16,491,337 | Programme Staff Cost | 0 | 0 | 0 | Travel Expenses | 0 | 0 | 0 | Direct Programme Expenses | 10,718,320 | 14,179,373 | 16,491,337 | Fund Raising Expenses | 0 | 0 | 0 | General Staff Cost | 0 | 0 | 0 | Overhead Expenses | 19,813 | 15,200 | 17,200 | Depreciation | 184,888 | 131,370 | 122,007 | Other Expenses/Transfer | 0 | 0 | 0 | Total Expenditure (B) | 10,923,022 | 14,325,943 | 16,630,544 | Surplus / (Deficit) (A-B) | 132,655 | 4,569,959 | 5,591,681 | | Balance Sheet | 2018 | 2019 | 2020 | Assets | Fixed Assets | 995,556 | 995,556 | 776,032 | Current Assets (excl. Cash) | 1,526,900 | 1,526,900 | 1,976,983 | Cash/Bank | 1,592,109 | 1,592,109 | 8,506,052 | Investments | 63,326,433 | 63,326,433 | 68,751,433 | Accumulated Deficits | 0 | 0 | 0 | Total Assets | 67,440,998 | 67,440,998 | 80,010,500 | | Liabilities | Corpus / Share Capital | 51,666,399 | 51,666,399 | 53,541,093 | General Funds | 15,518,029 | 15,518,029 | 25,679,669 | Earmarked Funds | 100,002 | 100,002 | 100,002 | Loans | 0 | 0 | 0 | Current Liabilities | 156,570 | 156,570 | 689,738 | Total Liabilities | 67,441,000 | 67,441,000 | 80,010,502 | | Other Details | 2018 | 2019 | 2020 | Direct Beneficiaries (Nos) | 4,627 | 4,627 | 11,500 | Indirect Beneficiaries (Nos) | 120 | 120 | 4,500 | Cost Per Direct Beneficiary (Rs) - Avg. | 2,321 | 3,068 | 1,436 | Number of Staff | 60 | 60 | 15 | Highest Salary (Rs p.a.) | N.A. | N.A. | N.A. | Lowest Salary (Rs p.a.) | N.A. | N.A. | N.A. |
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Regd. under |
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The Bombay Public Trust Act, 1950
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Auditor |
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Kulin V. Munim |
Bankers |
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HDFC Bank
The Saraswat Cooperative Bank |
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Donor tax benefits |
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80G 50%
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Eligible for foreign donations |
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Yes |
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Trustees/Directors/Managing Committee: |
Ms. Jyoti Tanna, Founder & Chairperson |
Mr. Rohan Shah, Vice Chairperson |
Mr. M. P. Shah, Director |
Ms. Meheru Ghadhi, Trustee |
Mr. Nilesh Choksi, Trustee |
Ms. Usha Choudhary, Trustee |
Mr. Ashok Tanna, Trustee |
Mr. Ajay Tanna, Trustee |
Mr. Apurva Shah, Trustee |
Mr. Milan Choksi, Trustee |
Ms. Renu Raut, Trustee |
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Source : Audit Report 2020
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Financial Note : 1) Income and Expenditure breakup provided by the NGO from FY17 onwards.
2) The NGO has provided only one amount as General Donation received, but not a detailed breakdown until FY16.
3) Direct Programme Activities include overheads like printing & stationery, electricity, rent incurred for running the School.
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NGO Profile : |
EOTO started with only five children and a dream to transform their lives. Today, after several years, it has evolved from one woman's dream into a diverse professional organization with holistic and effective programs.
EOTO's main focus is to reduce the number of drop outs from schools of India and promote quality education for all children to more than 5,000 beneficiaries from ten schools in urban areas and more than 3,500 beneficiaries from ten schools in rural areas.
EOTO’s cycle consists of students giving back to the community, each older child teaches a younger child, ex-students sponsor current students and provide support like volunteering & guiding or contributing monetarily through donations and sponsorships.
Programs by Each One Teach One:
1) EOTO works primarily on imparting education in subjects such as English, Mathematics and Science and provides extra coaching classes if needed. To support their process, educational supplements like notebooks, uniforms and various forms of nutritional support are given to every students. They have set up toy and book libraries, science laboratories and a mobile library to enable students for a higher education and gaining additional knowledge.
2) The organization conducts training programs for teachers to keep them updated with the latest techniques and teaching aids.
3) For overall growth of a student, EOTO also organizes medical camps, counseling sessions, career guidance programs, summer camps, personality development sessions, sports competitions and cultural events regularly.
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