HelpYourNGO

HelpYourNGO

The Spine Foundation

Sector
Health
Sub Sector
Medical services
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
FCRA

UN Sustainable Development Goals:

Good Health and Well Being

% Spent on Beneficiaries

90%

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 : 1997
Registered Address : Ornate House, 8th Floor, Veer Savarkar Marg, Mumbai 400028, Maharashtra
Website : https://thespinefoundation.org
Email : thespinefoundation365@gmail.com
Telephone : +91 9326981580
Donor Contact : Ms. Nutan Kadam (Deputy Programme Manager) / admin@thespinefoundation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : CNK and Associates LLP
Bankers : Union Bank Of India
Trustees/Directors/Managing Committee: : Dr. Shekhar Bhojraj, Director and Founder Trustee , Dr. Abhay Nene, Trustee , Dr. Raghuprasad Varma, President , Dr. Sheetal Mohite, Trustee , Dr. Premik Nagad, Trustee , Dr. Priyank Patel, Trustee ,

Presence

Programs

The Spine Foundation is committed to ensuring that spinal health is accessible to all, regardless of geographical or economic barriers. Recognizing that spinal issues are a leading cause of disability worldwide, the foundation works to provide affordable, high-quality care to underserved communities. It offers comprehensive diagnosis and treatment for a wide range of spine conditions through its outpatient clinics. By focusing on early diagnosis and effective treatment, it aims to improve lives and promote spinal health as a fundamental right for everyone.

Major Interventions:

Urban and Rural Health: The spine foundation brings spinal care to urban poor and rural populations by conducting weekly health camps. The Rural Spine Care Centers and online consultations ensure that even the most remote communities have access to essential spinal services, making healthcare more accessible to all. From physical therapy to advanced surgeries, including minimally invasive procedures and complex deformity corrections, the services are designed to meet the needs of patients with diverse spinal issues.

Rehabilitation: Customized rehab programs are a key aspect of the foundation’s approach, designed to help patients regain mobility and improve their quality of life after treatment. These programs are tailored to each individual’s needs, ensuring effective recovery.

Trainings: The NGO actively invests in training healthcare professionals through fellowships and workshops. By building capacity within local healthcare systems and raising awareness about spinal health, they ensure that communities benefit from sustainable care long after direct interventions.

Beyond Camps: It also focuses on creating long-term solutions for spinal health. Through education, advocacy, and the use of advanced medical practices, the NGO is dedicated to reducing spinal disorders globally. Their efforts empower people with knowledge and resources, paving the way for a healthier future.

Key Donors

  • 1) Walchand Trust-Rajat Doshi/Jyoti Doshi 2) Pentagon Charitable Trust- Sunil Dalal 3) Alkem Foundation 4) Sir H.N. Reliance Hospital Trust 5) Sant Shree Gulab Baba Charitable Trust 6) Mangal Steel Industries

Financials

Income & Expenditure Statement
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 6,348,801 9,646,001 11,818,867
Sales/Fees - - -
Interest/Dividend 865,245 793,079 1,176,574
Other Income 51,700 - -
Total Income (A) 7,265,746 10,439,080 12,995,441
Expenditure
Direct Program Activities 10,380,828 7,310,546 10,984,626
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 10,380,828 7,310,546 10,984,626
Fund Raising Expenses - - -
General Staff Cost 60,000 1,028,908 1,086,400
Overhead Expenses 92,012 125,082 6,808
Depreciation 204,950 194,207 187,825
Other Expenses/Transfers - - -
Total Expenditure (B) 10,737,790 8,658,743 12,265,659
 
Surplus / Deficit (A-B) -3,472,044 1,780,337 729,782
Balance Sheet
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Assets
Fixed Assets 1,161,382 1,017,174 1,199,349
Current Assets 375,025 417,802 934,743
Cash And Bank 568,496 1,805,178 2,074,472
Total Current Assets 2,104,903 3,240,154 4,208,564
Investments 16,106,899 25,443,847 25,250,593
Accumulated Deficits 2,704,143 928,727 155,784
Total Assets 20,915,945 29,612,728 29,614,941
Liabilities
Trust Corpus 20,909,728 29,612,728 29,612,728
General Funds - - -
Earmarked Funds - - -
Unutilized Grants - - -
Total 20,909,728 29,612,728 29,612,728
Loans - - -
Loans (From Members) - - -
Current Liabilities 6,217 - 2,213
Other Liabilities - - -
Total Liabilities 20,915,945 29,612,728 29,614,941
Financial Notes
1) No detailed breakdown available in case of donations and program expenses.
2) Other Income includes ITR Refund.

Additional Information

FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 160 314 282
Indirect Beneficiaries (nos.) 967 4,702 9,878
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 1 1 1
Number of Consultants 5 5 10
Number Of Volunteers - 2 2
Total 6 8 13
Highest Paid Full-Time Staff (₹ p.a.) 700,000 700,000 700,000
Lowest Paid Full-Time Staff (₹ p.a.) 230,000 230,000 230,000

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Kandhamal Zilla Sabuja Vaidya Sangathan Health Mobile Health Orissa 99 13,208,174 13,385,535 2020
Oscar Medical Foundation & Research Foundation Health Medical camps Maharashtra 98 469,553 463,739 2013
Tears Foundation Health Medical services Maharashtra 97 217,498 76,432 2018
Vijay Krida Mandal Health HIV/AIDS Maharashtra 97 4,729,297 5,295,417 2023
Prompt Care International Foundation Health Subsidised treatment Maharashtra 97 1,609,288 1,561,788 2012
The Spine Foundation Health Medical services Maharashtra 90 12,995,441 12,265,659 2023