HelpYourNGO

HelpYourNGO

Sai Educational Rural & Urban Development Society (SERUDS)

Sector
Children
Sub Sector
Child Care/Balwadi/Creche
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
FCRA

% 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.

NGO Details

Year of Establishment : 2003
Registered Address : D.No.46-740, Budhavarapeta, Kurnool 518002, Andhra Pradesh
Website : https://www.serudsindia.org
Email : seruds@yahoo.com
Telephone : +91 8518 255626
Donor Contact : Mr. G. Mallikarjuna (President) / +91 9849977577 / seruds@yahoo.com
Registered Under : Others
Auditor : K. Raghuveer Singh
Bankers : ICICI Bank HDFC Bank Axis Bank State Bank of India (FCRA)
Trustees/Directors/Managing Committee: : Mr. G. Mallikarjuna, President , Mr. M. Mallikarjuna, Vice President , Ms. B. Jayasree, Secretary , Mr. G. Ramudu, Joint Secretary , Mr. B. Ram Mohan, Treasurer , Ms. B. Sukanya, Executive Member , Ms. A. Adilakshmi, Executive Member

Programs

In 2013-14 their activities were:

  • Joy Home for Children Orphanage: This is the flagship programme of the organization. 40 orphans and street children are being provided care, support and protection in Joy Home Orphanage in Budhawarapeta in the Kurnool slums. SERUDS also supports their education, health, recreation and clothing related needs.
  • Crèche Centres: The organization runs 6 crèches to benefit working mothers who work in areas like construction, tobacco making, hotels, and other jobs where they cannot take their children. Each centre caters to 30 children who are provided with healthy food, clothes, and primary education.
  • Educational Material to students: SERUDS funds the educational expenses of underprivileged children who would otherwise have to work to support their family and expenses of their own education. They provide educational material, lunch boxes, uniforms and shoes to 65 students at government schools.
  • Skill Development Training – Tailoring and Embroidery: In order to create sustainable livelihoods for poor, destitute women and adolescent girls, SERUDS conducted skill development training. Seventy women in Budhavarapeta, Gadivemula and Sreeram Nagar slums of Kurnool district were provided training in tailoring and embroidery for a period of 6 months.
  • Support to Elderly women: SERUDS provides Midday meals to around 30 elderly women aged between 58 to 85 years, when their relatives are at work. They also provide groceries and vegetables to about 20 elderly women who have no assets and no income.
  • HIV/AIDS Awareness: There is a high prevalence of HIV/AIDS in Kurnool district. SERUDS conducted a sensitization programme in February and March 2014 which reached close to 2,000 people.

Financials

Income & Expenditure Statement
FY 2012 (₹) FY 2013 (₹) FY 2014 (₹)
Income
Government Sources 126,030 81,850 11,000
Foreign Sources 450,823 614,556 763,328
Institutional Sources 106,072 48,658 318,998
General Donations 2,140,748 2,257,724 2,401,462
Sales/Fees - - -
Interest/Dividend 3,627 19,503 16,440
Other Income - - -
Total Income (A) 2,827,300 3,022,291 3,511,228
Expenditure
Direct Program Activities 2,392,975 2,587,317 3,169,609
Program Staff Cost - - -
Travel Expenses 5,100 6,400 6,700
Direct Program Expenses 2,392,975 2,587,317 3,169,609
Fund Raising Expenses - - -
General Staff Cost 203,000 203,000 239,000
Overhead Expenses 45,278 51,347 79,745
Depreciation 14,803 12,693 13,926
Other Expenses/Transfers 8,000 - -
Total Expenditure (B) 2,669,156 2,860,757 3,508,980
 
Surplus / Deficit (A-B) 158,144 161,534 2,248
Balance Sheet
FY 2012 (₹) FY 2013 (₹) FY 2014 (₹)
Assets
Fixed Assets 91,176 78,483 64,557
Current Assets 52,675 26,410 26,810
Cash And Bank 459,505 629,241 627,339
Total Current Assets 603,356 734,134 718,706
Investments 45,800 76,556 94,232
Accumulated Deficits - - -
Total Assets 649,156 810,690 812,938
Liabilities
Trust Corpus - - -
General Funds 649,156 810,690 812,938
Earmarked Funds - - -
Unutilized Grants - - -
Total 649,156 810,690 812,938
Loans - - -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 649,156 810,690 812,938
Financial Notes
1) The NGO has provided overall amounts spent on various projects, but not a detailed breakdown.

Additional Information

FY 2012 (₹) FY 2013 (₹) FY 2014 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 1,823 - -
Indirect Beneficiaries (nos.) 3,471 - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 5 5 5
Number of Consultants 1 1 1
Number Of Volunteers 25 29 29
Total 31 35 35
Highest Paid Full-Time Staff (₹ p.a.) 42,000 42,000 42,000
Lowest Paid Full-Time Staff (₹ p.a.) 30,000 30,000 30,000

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Sanjivani Medical Training Centre Children Home/Transit Home Maharashtra 99 2,330,811 2,344,490 2015
Sabarmathi Social Seva Sangam Children Child Care/Balwadi/Creche Tamil Nadu 98 1,732,337 1,729,376 2014
Vidyanikethan Children Karnataka 98 33,267,956 33,975,011 2020
Bhatkya Vimukta Jati Shikshan Sanstha (BVJSS) Children Adoption Maharashtra 98 55,807,652 53,230,312 2023
Economic Rural Development Society (ERDS) Children Child Care/Balwadi/Creche West Bengal 97 10,417,505 10,477,932 2016
Sai Educational Rural & Urban Development Society (SERUDS) Children Child Care/Balwadi/Creche Andhra Pradesh 91 3,511,228 3,508,980 2014