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Ajit Foundation

Sector: Development
Sub Sector: Comprehensive
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 : 2006
Registered Address : Wani Plot, Agalgaon Road, Barshi, Sholapur 413401, Maharashtra
Presence :
Website : https://www.ajitfoundation.com
Email : spandanonline@rediffmail.com
Telephone : +91 2184 220103
Donor Contact : Mr. Mahesh Nimbalkar / +91 9822897382 / srujanonline@gmail.com
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : Vilas Mangade & Associates
Bankers : ICICI Bank, IDBI Bank
Trustees/Directors/Managing Committee: : Mr. Mahesh M. Nimbalkar - President, Mr. Ramesh L. Kaswate - Vice President, Ms. Vinaya V. Jadhav - Secretary, Ms. Vidya S. Sabale - Joint Secretary, Mr. Pravin D. Shinde - Treasurer, Ms. Dattatraya V. Nanvare - Member, Mr. Kishor G. Awale - Member

Their initiatives include:

  • Sevalaya - Home for HIV infected children: This is a program directed to the housing, education, and socioeconomic development of children whose parents have HIV/AIDS, mostly orphans from the nearby hamlets, and red-light areas of Barshi City, Solapur district, Maharashtra State. This project was initiated 2 years ago, with 10 orphan children from the area, and now caters to 30 children (mostly aged 4 to 17 years). This project is supported by Manav Jyot Public Charitable Trust, Mumbai & the Goonj Foundation, New Delhi.
  • Community Based Health Program & Social Monitoring: Community monitoring strengthens community faith/participation in governance, improves service delivery, and gives credibility to the community and facilitators. They conduct Reproductive Child Health Programs (RCH) which work for the development of health of pregnant mothers and infants.
  • Water and Sanitation: Their approach is based on an integrated water resource perspective that ensures social, economic, environmental, and technical dimensions which are taken into account in the management and development of water resources.
  • Minority Empowerment: Ajit Foundation has initiated a program for the community under NPF program in Solapur and Osmanabad districts, which have a Muslim population of 23% and 21% respectively. It established a Muslim cell to empower women at Barshi in Solapur and formed fifteen SHGs. The group members get vocational training to improve their economic status.
  • Residential School: ERA Public School, provides free education and hostel facilities to extremely poor students of the migrant Pardhi community, with the aim of teaching them life and vocational skills. Currently 30 students in the age group of 6-10 years are studying in two functional classrooms and another 20 are in a waiting list because of inadequate hostel infrastructure. The campus has a playground, staff quarters, and a horticulture and agriculture field. Ajit Foundation needs funds to expand the hostel facilities to house 100 students and acquire furniture, better infrastructure, and additional teachers.
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - 58,000 -
Foreign Sources - - -
Institutional Sources 158,000 191,200 668,843
General Donations 1,952,000 1,557,471 1,213,250
Sales/Fees 777 777 777
Interest/Dividend 627 264 1,315
Other Income - - -
Total Income (A) 2,111,404 1,807,712 1,884,185
 
Expenditure
Direct Program Activities 1,752,153 1,401,200 1,224,474
Program Staff Cost 185,000 218,000 483,800
Travel Expenses 45,870 58,672 42,568
Direct Program Expenses 1,937,153 1,619,200 1,708,274
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 130,644 126,775 132,994
Depreciation - - -
Other Expenses/Transfers - - -
Total Expenditure (B) 2,113,667 1,804,647 1,883,836
 
Surplus / Deficit (A-B) -2,262 3,065 349
Assets
Fixed Assets 145,325 145,325 145,325
Current Assets - - -
Cash And Bank 2,827 5,892 6,241
Total Current Assets 148,152 151,217 151,566
Investments - - -
Accumulated Deficits 2,262 - -
Total Assets 150,414 151,217 151,566
 
Liabilities
Trust Corpus - - -
General Funds 150,414 151,217 151,566
Earmarked Funds - - -
Unutilized Grants - - -
Total 150,414 151,217 151,566
Loans - - -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 150,414 151,217 151,566
1) In FY14, Government sources includes contributions from Home Ministry (Government of Maharashtra), and Ministry of Environment & Forests (Government of India).
2) The NGO has provided overall amounts spent on various projects, but not a detailed breakdown.
FY 2013 FY 2014 FY 2015
Beneficiary Details
Direct Beneficiaries (nos.) 150 180 300
Indirect Beneficiaries (nos.) 200 540 900
Average Cost per Direct Beneficiary (₹) 1,000 2,500 8,000
Staff Details
No. of Staff 5 10 15
Number of Consultants - - -
Number Of Volunteers - - -
Total 5 10 15
Highest Paid Full-Time Staff (₹ p.a.) 60,000 96,000 180,000
Lowest Paid Full-Time Staff (₹ p.a.) 18,000 18,000 30,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Bhukamp Grastha Bahuudeshiya Vikas Pratisthan Development Camps/Activities Maharashtra 100 175,108 437,825
arr4
Parivartan Samajik Sanstha Development Camps/Activities Maharashtra 97 361,512 360,122
arr3
Ajit Foundation Development Comprehensive Maharashtra 93 1,884,185 1,883,836
Apnalaya Development Community Development Maharashtra 79 84,808,339 76,770,072
arr2
Mashal Social Welfare Society Development Services for the Poor Delhi 50 1,995,689 2,039,814
ASSIST Development Comprehensive Andhra Pradesh 11 5,212,287 1,787,134


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