HelpYourNGO - NGO Details

New Resolution India

Sector: Livelihood
Sub Sector: Vocational Training
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

% Spent on Beneficiaries

83%
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 : 2009
Registered Address : 85/B, 1st Floor, Kamgar Nagar, Opposite Vishal Tower No.1, Kurla East, Mumbai 400024, Maharashtra
Presence : Maharashtra
Website : www.brightfutureindia.org
Email : resources@newresolutionindia.org
Telephone : +91 022 25274628
Donor Contact : Mr. Kishor Palve / +91 9029014787 / resources@newresolutionindia.org
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : Rajnikant Mistry & Co.
Bankers : State Bank of India, Axis Bank, ICICI Bank, Central Bank of India
Trustees/Directors/Managing Committee: : Mr. Kishor Palve - Managing Trustee, Ms. Chandrika Rambiya - Trustee, Mr. Amol Parmar - Trustee, Mr. Nirmal Parmar - Trustee, Ms. Trupti Shelke - Trustee, Mr. Sachin Dhavle - Trustee, Mr. Kaustub Gharat - Trustee

Their programs are as follows:

Bright Future School Program: NRI has a unique programme for students’ all-round development called the Bright Future School Programme. Created in 2011, the program guides adolescents on career options, making career choices based on interest or ability, and helps them achieve their career goals. Teacher orientation programmes were also conducted on topics like effective handling of students. They also conducted sessions on life skill development wherein students were taught skills like self-confidence, gender sensitivity, goal setting and more. The students who are 13-16 years old are introduced to a role model, given career specific knowledge, taken on exposure visits, prepared for educational interviews and college admission process.

Livelihood Program: Under the Livelihood program, NRI has a Youth Development & Training Centre (YTDC) where a 3 month long course is accessible for the youth between the ages of 18 to 25 years. In this program they go through an extensive skills training for IT, English and productivity.  Once the course ends YTDC facilitators then support the aspirants through a specific interviewing & placement process and are also monitored for the first 6 months into their jobs. 

Drama for Development: This program goes on for 1 year. It targets children of age 13-18 years with an intention to organize rallies and street plays to spread awareness about how essential it is to develop skills for your career and life. It is also a platform for spreading a word about issues in a community and the need to develop our communication, problem solving, leadership & social skills. This program is led by ‘Change Leaders’ who are usually alumni of Bright Future programs.

FY 2018 (₹) FY 2019 (₹) FY 2020 (₹)
Income
Government Sources - - -
Foreign Sources 10,207,118 15,637,185 -
Institutional Sources 15,832,977 13,957,409 40,875,118
General Donations ₹273,568 ₹156,581 ₹906,116
Sales/Fees 254,001 159,500 197,500
Interest/Dividend 474,154 536,069 817,258
Other Income 30,001 - 3,170
Total Income (A) 27,071,819 30,446,744 42,799,162
 
Expenditure
Direct Program Activities 6,789,687 9,510,777 10,861,757
Program Staff Cost 15,015,615 16,456,205 20,329,585
Travel Expenses 326,268 324,765 212,523
Direct Program Expenses 21,805,302 25,966,982 31,191,342
Fund Raising Expenses - - -
General Staff Cost 12,310 - -
Overhead Expenses 1,599,521 1,076,207 5,253,256
Depreciation 587,952 1,002,484 1,059,097
Other Expenses/Transfers 1,705 - -
Total Expenditure (B) 24,333,058 28,370,438 37,716,217
 
Surplus / Deficit (A-B) 2,738,760 2,076,306 5,082,945
Assets
Fixed Assets 2,185,649 2,378,109 3,355,365
Current Assets 498,630 911,507 1,463,535
Cash And Bank 16,444,925 30,523,527 23,525,931
Total Current Assets 19,129,204 33,813,143 28,344,831
Investments - - -
Accumulated Deficits - - -
Total Assets 19,129,204 33,813,143 28,344,831
 
Liabilities
Trust Corpus 1,000 1,000 1,000
General Funds 11,451,701 13,528,007 18,610,952
Earmarked Funds 7,149,328 20,103,830 6,897,555
Unutilized Grants - - -
Total 18,602,029 33,632,837 25,509,507
Loans - - -
Loans (From Members) - - -
Current Liabilities 527,175 180,306 2,835,324
Other Liabilities - - -
Total Liabilities 19,129,204 33,813,143 28,344,831
1) In FY15 & FY16, Total income has increased substantially due to significant increase in General Donations.
2) Community Centre Rent is included in Direct Program Expenses.
3) In FY16, 60% of Total Expenditure was spent on Program Staff Cost, as the NGO's main project is to mentor Drop-out children.
FY 2018 FY 2019 FY 2020
Beneficiary Details
Direct Beneficiaries (nos.) 4,650 3,540 -
Indirect Beneficiaries (nos.) 1,958 - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 72 84 -
Number of Consultants 1 1 -
Number Of Volunteers 264 - -
Total 337 85 -
Highest Paid Full-Time Staff (₹ p.a.) 720,000 720,000 -
Lowest Paid Full-Time Staff (₹ p.a.) 72,000 72,000 -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
Outreach Association of Volunteers for Rural Development Livelihood Comprehensive Karnataka 88 55,985,300 54,616,909
Kherwadi Social Welfare Association (Yuva Parivartan) Livelihood Vocational Training Maharashtra 85 165,173,081 164,304,209
New Resolution India Livelihood Vocational Training Maharashtra 83 42,799,162 37,716,217
ETASHA Society Livelihood Vocational Training Delhi 75 32,698,084 27,999,473


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