HelpYourNGO - - Foundation-for-Initiatives-in-Development-and-Education-for-All-(IDEA)

Foundation for Initiatives in Development and Education for All (IDEA)

Sector: Children
Sub Sector: Services
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
NGO LogoNGO Logo

% Spent on Beneficiaries

94%
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 : IDEA, Flat No 10, Fountain Head Apartment, Pune 411038, Maharashtra
Presence : Kerala, Maharashtra, Tamil Nadu
Website : https://www.ideafoundation.org.in
Email : contact@ideafoundation.org.in
Telephone : +91 20 25440615
Donor Contact : Dr. Usha Pillai / +91 9890119732; +91 9730261878 / usha@ideafoundation.org.in
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : Khare Deshmukh & Co.
Bankers : ICICI Bank, Shri Laxmikrupa Urban Co-op Bank
Trustees/Directors/Managing Committee: : Mr. Balakrishna Pillai, Dr. Usha Pillai, Mr. Ashok Budhkar, Dr. Vijay Kulkarni, Mr. Sachin Gokhale, Mr. Ajay Talreja, Ms. Sujata Kelkar, Ms. Sangeetha Menon, Ms. Shilpa Khangaonkar, Dr. Shraddha Nigavekar

IDEA (Foundation for Initiatives in Development and Education for All) is dedicated to creating equal opportunities for underprivileged children, youth, and women. The vision is to foster a just society where individuals have access to fair chances for their holistic development by implementing educational and skilling programs, aiming to minimize school dropouts and enhance employability.

Major Interventions:

UTKARSH operates study centers for children in grades 1 through 7. Teaching is conducted in a holistic manner, incorporating Activity-Based Learning (ABL) and e-learning. The primary focus is on enhancing fundamental learning skills such as reading, writing, mathematics, and comprehension.

UDAAN provides educational sponsorship to students from grade 8 up to graduation. This program offers financial assistance for school and college fees and stationery. Additionally, it includes life skills sessions and provides leadership training through Youth clubs and career counselling for high-potential youth.

ASHAKIRAN is a skilling program designed to impart vocational training to underprivileged women and youth from urban, rural, and tribal areas. The training covers various trades like beauty and care, cooking and catering, and tailoring, enhancing skills and employability.

UNNATI is an Entrepreneurial Development Program (EDP) for women who have completed their vocational training. It aims to provide them with the knowledge and encouragement needed to start their enterprises. The program also includes life skills, digital literacy, and helps organize women into Self-Help Groups (SHGs), supporting them in becoming micro-entrepreneurs.

E-SAKSHAR: This Digital Literacy Programme teaches the basics of computers and the internet, aligned with the Government's NDLM (National Digital Literacy Mission). It is open to people of all age groups and helps bridge the digital divide, increasing the confidence of children, college students, and underprivileged entrepreneurs.

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - 382,500 42,500
Foreign Sources 4,977,523 2,257,049 2,105,260
Institutional Sources 18,093,133 20,909,897 30,241,738
General Donations 774,184 851,785 1,442,420
Sales/Fees - 915,831 900,350
Interest/Dividend 444,548 463,910 497,496
Other Income - 9,703,954 57,570
Total Income (A) 24,289,388 35,484,926 35,287,334
 
Expenditure
Direct Program Activities 9,875,875 11,191,946 18,219,282
Program Staff Cost 9,808,612 13,728,516 13,759,353
Travel Expenses 209,394 602,945 723,742
Direct Program Expenses 19,684,487 24,920,462 31,978,635
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 1,552,328 1,873,147 2,196,303
Depreciation - - -
Other Expenses/Transfers 1,917,010 6,782,768 -
Total Expenditure (B) 23,363,219 34,179,322 34,898,680
 
Surplus / Deficit (A-B) 926,169 1,305,604 388,654
Assets
Fixed Assets 1,292,432 1,293,507 1,928,242
Current Assets 1,873,484 1,680,042 2,759,255
Cash And Bank 3,354,624 4,945,419 2,650,878
Total Current Assets 6,520,540 7,918,968 7,338,375
Investments 11,737,069 9,163,741 10,645,921
Accumulated Deficits - - -
Total Assets 18,257,609 17,082,709 17,984,296
 
Liabilities
Trust Corpus 2,156,454 2,156,454 2,158,454
General Funds 3,357,289 4,662,892 5,051,546
Earmarked Funds 2,817,994 3,125,718 3,788,953
Unutilized Grants 9,696,616 6,782,767 6,803,198
Total 18,028,353 16,727,831 17,802,151
Loans - - -
Loans (From Members) - - -
Current Liabilities 229,256 354,878 182,145
Other Liabilities - - -
Total Liabilities 18,257,609 17,082,709 17,984,296
1) Government sources include donations from Rotary clubs.
2) Other Income & Expenses include transfers and adjusted balances
FY 2022 FY 2023 FY 2024
Beneficiary Details
Direct Beneficiaries (nos.) 7,132 6,989 6,312
Indirect Beneficiaries (nos.) 900 1,200 1,000
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 31 24 34
Number of Consultants 1 2 3
Number Of Volunteers 300 845 771
Total 332 871 808
Highest Paid Full-Time Staff (₹ p.a.) 660,000 660,000 660,000
Lowest Paid Full-Time Staff (₹ p.a.) 114,000 140,400 120,000
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Foundation for Initiatives in Development and Education for All (IDEA) Children Services Maharashtra 94 35,287,334 34,898,680
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
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Foundation for Initiatives in Development and Education for All (IDEA) Children Services Maharashtra 94 35,287,334 34,898,680
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
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Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
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Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
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Vathsalya Charitable Trust Children Child Care/Balwadi/Creche Karnataka 82 11,534,617 12,747,852
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Sahaara Charitable Society Children Comprehensive Maharashtra 71 44,831,763 54,438,888


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