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Ajinkya Foundation

Sector: Disability
Sub Sector: Rehabilitation - Mental Disability
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
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% Spent on Beneficiaries

86%
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 : 1318 Near Lal Jain Mandir, Kupwad, Sangli 416436, Maharashtra
Presence :
Website : https://www.ajinkyafoundation.org
Email : ajinkya_gouda@bsnl.in
Telephone : +91 233 2346921
Donor Contact : Mr. Ashok Goundaje / +91 9422613032 / ajinkya_gouda@bsnl.in
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Gaikwad Chaugule & Associates
Bankers : State Bank of India, ICICI Bank
Trustees/Directors/Managing Committee: : Mr. Goundaje Ashok Bhujpal - President, Mr. Patil Atul Babasaheb - Secretary, Ms. Goundaje Shailaja Ashok - Trustee, Mr. Patil Rajkumar Adagonda - Trustee, Mr. Shah Harshad Umedlal - Trustee, Mr. Patel Kantibhai Veerjibhai - Trustee, Mr. Shah Nigam Shantilal - Trustee, Ms. Sujaya Chandu Shetty - Trustee

The Foundation extends support to its beneficiary children in the following ways:

  • At its rehabilitation centre, it has – (i) Arts department where children are taught to draw, paint, make handicrafts, etc. (ii) Sports department which trains students to participate in district and state level tournaments and which also conducts various activities like cleaning the roads, watering plants, tree plantation, etc. (iii) Cultural department which celebrates special occasions like World Handicapped Day, Independence Day, Republic day, etc.
  • Paediatricians, psychologists and therapists are consulted to provide necessary nurturing for children. Since January 2010, medical treatment is provided free of cost to the students at Manavrahat Charitable Trust, Sangli.
  • Awareness camps and medical camps are conducted to spread knowledge and sensitize society about the needs of the mentally handicapped.
  • Self-Help Groups (SHG) for the parents of mentally challenged children have also been started.

The organization is currently constructing a Rehabilitation Centre (Sujaya Sheltered Rehabilitation centre) for the mentally challenged and handicapped children at Kupwad with an area of around 5,000 sq.mt. The centre will comprise a residential school accommodating 40 children, as well as a residential vocational training centre for children above 18 years of age. It will have a training centre for professionals, and a hall for conducting awareness sessions and seminars. The project has been possible through the generous donations and support of various donors donating funds, specifically for rooms, dormitories, hall, stage and therapy rooms. Any donation made towards construction of the rehabilitation centre till March 2018 qualifies for deduction u/s 35AC of the Income-tax Act for the donor.

Ajinkya Foundation recently got awarded the State Level Apang Kalyan Puraskar by the Ministry of Social Justice. 
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources 500,000 - -
General Donations 624,452 850,929 1,295,687
Sales/Fees - - -
Interest/Dividend 3,608 13,107 20,670
Other Income - - -
Total Income (A) 1,128,060 864,036 1,316,357
 
Expenditure
Direct Program Activities 8,673 5,827 119,383
Program Staff Cost 720,000 792,100 820,688
Travel Expenses 86,960 49,689 58,074
Direct Program Expenses 728,673 797,927 940,071
Fund Raising Expenses - - 1,900
General Staff Cost - - -
Overhead Expenses 196,150 195,141 110,917
Depreciation 94,283 78,192 44,402
Other Expenses/Transfers - 2,370 -
Total Expenditure (B) 1,106,066 1,123,319 1,155,364
 
Surplus / Deficit (A-B) 21,994 -259,283 160,993
Assets
Fixed Assets 1,123,122 1,632,611 6,949,033
Current Assets 4,500 55,500 4,500
Cash And Bank 409,679 355,228 1,658,062
Total Current Assets 1,537,301 2,043,339 8,611,595
Investments - - -
Accumulated Deficits 1,170,461 1,414,513 1,253,520
Total Assets 2,707,762 3,457,852 9,865,115
 
Liabilities
Trust Corpus 1,043,699 1,043,699 1,943,699
General Funds - - -
Earmarked Funds 343,100 1,043,100 6,574,600
Unutilized Grants - - -
Total 1,386,799 2,086,799 8,518,299
Loans - - -
Loans (From Members) - - -
Current Liabilities 1,320,963 1,371,053 1,346,816
Other Liabilities - - -
Total Liabilities 2,707,762 3,457,852 9,865,115
1) The NGO has provided only one amount as Donations received, but not a detailed breakdown.
2) Direct Programme Activities include overheads like printing & stationery, electricity, rent.
3) Advertisement expenses shown under Fund Raising Expenses.
4) In FY15, Rs57 lakhs spent on the Rehabilitation Centre have been capitalised, thereby resulting in a significant increase in Fixed Assets.
5) Building Fund shown under Earmarked Funds.
FY 2013 FY 2014 FY 2015
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.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Ashadeep Disability Mental Health Assam 93 15,085,229 14,812,193
Ajinkya Foundation Disability Rehabilitation - Mental Disability Maharashtra 86 1,316,357 1,155,364
Diya Foundation Disability Vocational Training - Mental Disability Karnataka 85 8,586,634 9,382,759
Adarsh Charitable Trust Disability Compr - Mental/Phy Disability Kerala 84 20,344,781 25,880,909
arr4
Amar Seva Sangam Disability Rehabilitation - Physical Disability Tamil Nadu 77 147,087,659 170,535,907
arr2
Andhjan Kalyan Trust Disability Comprehensive - Multiple Gujarat 72 2,204,277 2,533,317
arr3


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