HelpYourNGO

HelpYourNGO

Paraspara Trust

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

UN Sustainable Development Goals:

Quality Education Gender Equality

% Spent on Beneficiaries

89%

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 : 1996
Registered Address : No. 17/2, 2nd Floor, Bandappa Road, Yeshwanthpur, Bengaluru 560022, Karnataka
Website : https://www.paraspara.org
Email : paraspara2001@yahoo.com
Telephone : +91 80 23472701
Donor Contact : Ms. K. N. Bhagyalakshmi (Executive Director) / 9482216080 / pet.hamp@gmail.com
Registered Under : The Indian Trust Act, 1882
Auditor : Y. V. Jagannadha Rao & Co.
Bankers : State Bank of India
Trustees/Directors/Managing Committee: : Ms. Subhadra Mohan, President , Ms. K. N. Bhagyalakshmi, Managing Trustee , Mr. K. C. Venkatesh, Treasurer , Mr. U. L. Somappa, Member , Mr. Bheema K., Member , Mr. G. R. Shivashankar, Member , Mr. Chouhan, Member , Dr. Somashekar, Member

Programs

Various interventions for eradication of child labour are:

  • Child Labour Rehabilitation: Paraspara runs two Bridge Schools where child labourers and neighbourhood children are enrolled and taught to read, write, sing, dance, draw, and play sports. The children are provided accommodation with separate beds, lockers & cupboards; security, counselling, entertainment, and nutritious meals. They go through vocational trainings in tailoring, embroidery, housekeeping, etc. and are then enrolled in government schools. Children and parents benefit from medical camps and the distribution of free medicines. So far, 2,150 child labourers have been enrolled in mainstream schools, and 12 slum communities have been declared as child-labour-free communities.
  • Transit Home: The aim is to identify runaway children and working children in the streets, railway stations, bus stands; addicted to smoking, drugs, begging; and those trafficked; and bring them to the Homes, rehabilitate and counsel them, and facilitate education with nutritious food and shelter. Paraspara runs 5 Transit Homes.
  • Baalemane – Girls’ Home: The Home was started to facilitate and ensure survival, protection, developmental rights and participation rights to street and rescued girl children in Bangalore.
  • Adoption Centre:  Provides a homely environment, love, protection and care to orphaned and abandoned children. Paraspara is involved in the entire adoption process.
  • Open Shelter: Operated for children in need of care and protection, particularly beggars, street children, runaway children, rag pickers, small street vendors, trafficked children, and migrants.
  • Special Juvenile Protection Unit (SJPU): In coordination with police stations, UNICEF and DWCD, Paraspara runs 7 SJPUs to keep neglected children off the streets and away from crimes. They conduct awareness programmes on protection from sexual offences and Child Rights.
  • Ujjawala Project: The objective is prevention of the vulnerable from trafficking, rescuing women and children from the place of exploitation, setting up protective and rehabilitative homes, and re-integrating them to their original families through social mobilization and involvement of local communities.

Financials

Income & Expenditure Statement
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources 3,939,538 3,180,608 2,646,964
Foreign Sources 1,230,525 1,098,397 960
Institutional Sources 1,190,100 99,000 9,000
General Donations 237,830 55,000 129,800
Sales/Fees - - -
Interest/Dividend 6,215 15,504 5,571
Other Income - - -
Total Income (A) 6,604,208 4,448,509 2,792,295
Expenditure
Direct Program Activities 2,734,087 1,828,040 3,325,504
Program Staff Cost 4,661,984 4,283,187 2,371,819
Travel Expenses 124,297 279,550 104,059
Direct Program Expenses 7,396,071 6,111,227 5,697,323
Fund Raising Expenses - - -
General Staff Cost - 499,950 429,000
Overhead Expenses 843,854 166,786 301,830
Depreciation 243,665 234,538 -
Other Expenses/Transfers - - -
Total Expenditure (B) 8,607,887 7,292,051 6,532,212
 
Surplus / Deficit (A-B) -2,003,679 -2,843,542 -3,739,918
Balance Sheet
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Assets
Fixed Assets 3,119,372 2,879,486 1,521,779
Current Assets 350,097 291,928 261,928
Cash And Bank 346,346 162,709 72,053
Total Current Assets 3,815,815 3,334,123 1,855,760
Investments - - -
Accumulated Deficits - 2,720,712 6,460,630
Total Assets 3,815,815 6,054,835 8,316,390
Liabilities
Trust Corpus - - -
General Funds 122,830 - -
Earmarked Funds - - -
Unutilized Grants - - -
Total 122,830 - -
Loans 2,820,000 4,595,100 4,959,100
Loans (From Members) - - -
Current Liabilities 872,985 1,459,735 3,357,290
Other Liabilities - - -
Total Liabilities 3,815,815 6,054,835 8,316,390
Financial Notes
1) Foreign Sources mainly includes grants received from Indo Global Social Service Society (Rs9 lakhs) in FY14 and from Partnership Transperancy Fund (Rs9 lakhs) in FY13.
2) Direct Programme Activities include overheads like rent, electricity, water, etc. pertaining to the programmes (School, Transit Home, and Day Care Centre).
3) The NGO has not provided depreciation on its assets in FY15.
4) The NGO has been incurring losses over the years and is thus managing its activities by taking loans.
5) Fixed assets (WDV aggregating Rs14 lakhs) have been sold in FY15.

Additional Information

FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - -
Total - - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -

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
Paraspara Trust Children Comprehensive Karnataka 89 2,792,295 6,532,212 2015