HelpYourNGO - -

New Resolution India

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

UN Sustainable Development Goal:
NGO Logo

% Spent on Beneficiaries

91%
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 : https://www.brightfutureindia.org
Email : info@brightfutureindia.org
Telephone : +91 022 25274628
Donor Contact : Mr. Kishor Palve / +91 9029014787 / resources@newresolutionindia.org
Registered Under : The Bombay Public Trust Act, 1950
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 2019 (₹) FY 2020 (₹) FY 2021 (₹)
Income
Government Sources - - -
Foreign Sources 15,637,185 - 16,303,981
Institutional Sources 13,957,409 40,875,118 52,782,479
General Donations 156,581 906,116 1,401,496
Sales/Fees 159,500 197,500 3,600
Interest/Dividend 536,069 817,258 805,411
Other Income - 3,170 -
Total Income (A) 30,446,744 42,799,162 71,296,967
 
Expenditure
Direct Program Activities 9,510,777 10,861,757 40,704,309
Program Staff Cost 16,456,205 20,329,585 25,575,637
Travel Expenses 324,765 212,523 121,304
Direct Program Expenses 25,966,982 31,191,342 66,279,946
Fund Raising Expenses - - -
General Staff Cost - - 3,386,002
Overhead Expenses 1,076,207 5,253,256 2,325,392
Depreciation 1,002,484 1,059,097 888,446
Other Expenses/Transfers - - -
Total Expenditure (B) 28,370,438 37,716,217 73,001,090
 
Surplus / Deficit (A-B) 2,076,306 5,082,945 -1,704,123
Assets
Fixed Assets 2,378,109 3,355,365 2,856,033
Current Assets 911,507 1,463,535 1,094,479
Cash And Bank 30,523,527 23,525,931 23,242,408
Total Current Assets 33,813,143 28,344,831 27,192,920
Investments - - 502,589
Accumulated Deficits - - -
Total Assets 33,813,143 28,344,831 27,695,509
 
Liabilities
Trust Corpus 1,000 1,000 1,000
General Funds 13,528,007 18,610,952 16,906,829
Earmarked Funds 20,103,830 6,897,555 8,866,763
Unutilized Grants - - -
Total 33,632,837 25,509,507 25,774,592
Loans - - -
Loans (From Members) - - -
Current Liabilities 180,306 2,835,324 1,920,917
Other Liabilities - - -
Total Liabilities 33,813,143 28,344,831 27,695,509
Community Centre Rent & Electricity has been included in Direct program expenses.
FY 2019 FY 2020 FY 2021
Beneficiary Details
Direct Beneficiaries (nos.) 3,540 - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 84 - -
Number of Consultants 1 - -
Number Of Volunteers - - -
Total 85 - -
Highest Paid Full-Time Staff (₹ p.a.) 720,000 - -
Lowest Paid Full-Time Staff (₹ p.a.) 72,000 - -
Services Funds Raised (₹)
2,857
Total Funds Raised 2,857
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Kherwadi Social Welfare Association (Yuva Parivartan) Livelihood Vocational Training Maharashtra 95 163,087,824 162,476,171
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Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
New Resolution India Livelihood Vocational Training Maharashtra 91 71,296,967 73,001,090
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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New Resolution India Livelihood Vocational Training Maharashtra 91 71,296,967 73,001,090
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
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ETASHA Society Livelihood Vocational Training Delhi 80 37,693,394 55,052,696
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Outreach Association of Volunteers for Rural Development Livelihood Comprehensive Karnataka 79 24,575,785 26,071,792


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