| | Rs, Y/E March 31 | | Income & Expenditure Statement | 2013 | 2014 | 2015 | | Income From | | Government Sources | 145,665 | 42,149 | 65,509 | | Institutional Sources | 3,533,458 | 1,976,368 | 5,874,963 | | Foreign Sources | 3,762,975 | 2,173,810 | 905,978 | | Donations | 4,372,500 | 5,960,433 | 2,344,122 | | Sales/Fees | 0 | 158,518 | 0 | | Interest/Dividend | 2,183,325 | 3,951,463 | 3,922,843 | | Other Income | 0 | 4,400 | 0 | | Total Income (A) | 13,997,923 | 14,267,141 | 13,113,415 | | | Expenses For | | Direct Programme Activities | 1,334,925 | 1,252,171 | 507,654 | | Programme Staff Cost | 2,781,267 | 3,162,488 | 3,671,435 | | Travel Expenses | 180,874 | 161,429 | 402,697 | | Direct Programme Expenses | 4,297,066 | 4,576,088 | 4,581,786 | | Fund Raising Expenses | 16,550 | 3,000 | 600 | | General Staff Cost | 0 | 0 | 0 | | Overhead Expenses | 926,031 | 870,286 | 1,643,217 | | Depreciation | 2,320,564 | 2,183,965 | 2,012,262 | | Other Expenses/Transfer | 25,000 | 254,104 | 4,200 | | Total Expenditure (B) | 7,585,211 | 7,887,443 | 8,242,065 | | Surplus / (Deficit) (A-B) | 6,412,712 | 6,379,698 | 4,871,350 | | | Balance Sheet | 2013 | 2014 | 2015 | | Assets | | Fixed Assets | 19,468,371 | 22,960,986 | 35,791,455 | | Current Assets (excl. Cash) | 325,795 | 3,211,961 | 846,921 | | Cash/Bank | 21,790,486 | 23,537,012 | 8,707,266 | | Investments | 25,519,848 | 23,804,038 | 40,186,982 | | Accumulated Deficits | 0 | 0 | 0 | | Total Assets | 67,104,500 | 73,513,997 | 85,532,624 | | | Liabilities | | Corpus / Share Capital | 311,000 | 437,000 | 7,168,500 | | General Funds | 41,690,051 | 48,069,750 | 52,941,100 | | Earmarked Funds | 24,572,264 | 24,572,264 | 24,623,264 | | Loans | 0 | 0 | 0 | | Current Liabilities | 531,185 | 434,983 | 799,760 | | Total Liabilities | 67,104,500 | 73,513,997 | 85,532,624 | | | Other Details | 2013 | 2014 | 2015 | | Direct Beneficiaries (Nos) | 381 | 367 | 487 | | Indirect Beneficiaries (Nos) | 1,819 | 2,110 | 2,220 | | Cost Per Direct Beneficiary (Rs) - Avg. | 13,818 | 15,541 | 12,792 | | Number of Staff | 22 | 23 | 16 | | Highest Salary (Rs p.a.) | 300,000 | 330,000 | 363,000 | | Lowest Salary (Rs p.a.) | 48,000 | 60,000 | 72,000 |
| Note: * Adjusted. Depreciation is more than 10% of total expenses and is excluded while calculating the proportion of expenses 'Used for Beneficiaries' |
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| Regd. under |
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The Indian Trust Act, 1882
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| Auditor |
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P. V. Menon & Associates |
| Bankers |
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Axis Bank |
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| Donor tax benefits |
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80G 50%
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| Eligible for foreign donations |
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Yes |
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| Trustees/Directors/Managing Committee: |
| Mr. G. P. Goyal, President |
Ms. Madhu Singhal, Managing Trustee |
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Ms. Rekha Dass, Trustee |
Mr. Piyush Khaitan, Trustee |
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Ms. Kanika Khaitan, Trustee |
Mr. Ramana Polavarppu, Trustee |
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Dr. Sharan Srinivasan, Trustee |
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Source : Audit Report 2015
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Financial Note : 1) Increase in Institutional Sources in FY15 is due to grants from Union Bank Social Foundation aggregating Rs32 lakhs.
2) Foreign Sources mainly include grants from The Hans Foundation and Goldman Sachs.
3) Fund Raising expense includes advertising cost.
4) In FY14, write off of audio cassettes is taken in Other Expenses.
5) Increase in the Fixed Assets in FY15 is due to work-in-progress of new hostel building .
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| NGO Profile : |
Mitra Jyothi aims to inspire and enable the visual impaired into mainstream society by focusing on their education, livelihood training and economic empowerment. Their Job Placement Cell supports differently abled persons find job opportunities according to their skills. Till date, over 600 people with disabilities have been placed.
Main programs are:
- Multimedia Daisy Resource Centre (MDRC): MDRC, previously known as Talking Book Library, provides educational and general books by recording them in audio cassettes and CDs in the DAISY (Digital Access Information System) format in English, Hindi and Kannada. These books are provided free of cost and can also be borrowed. Over 2,220 members with disabilities related to reading print have benefitted. For the third consecutive year, the organization received the prestigious ‘DFI Quality Certification’ award for production of books into DAISY Audio format. MDRC also distributes CD players to needy students through ADIP scheme of Govt. of India.
- Braille Transcription Centre: Textbooks, storybooks, magazines, reports, documents required by visually impaired students are converted into Braille here. These books helps students establish a strong academic foundation. Mitra Jyothi has been licensed to install a braille press by The Ministry of Social Justice and Empowerment, Department of Disability Affairs.
- Computer Training Center: Training in basic and advance computer courses is provided to students who are visually impaired/ have low vision. Need based training is also conducted in different aspects of computers, application software etc. To equip students for IT sector jobs, skill training like employability skills, soft skills as well as spoken English training is imparted.
- Independent Living Skills: Women in the age group of 18 to 35 years are taught life skills like mobility training, home management skills, cooking, stitching and hygiene through an on-going free residential training program aimed at making the trainees self-reliant and independent.
Mitra Jyothi‘s Training and rehabilitation Centre for visually impaired women is almost ready with the help of the Hans foundation. It will provide training cum hostel facilities for students from marginal backgrounds in search of education or jobs in Bangalore city.
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