HelpYourNGO

HelpYourNGO

The Opentree Foundation (Toybank)

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

UN Sustainable Development Goals:

Quality Education Reduced Inequalities

% Spent on Beneficiaries

84%

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 : 2004
Registered Address : Flat 7, 3rd floor, Jay Kutir, Taikalwadi, Off Bhagat Lane, Mahim, Mumbai 400016, Maharashtra
Website : http://www.toybank.org/play
Email : mail@toybank.org
Telephone : +91 22 24388235
Donor Contact : Mr. Irbaaz Shaikh (Founder & CEO) / +91 98331 35140 / irbaaz.shaikh@toybank.org, shweta@toybank.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Kinjal H. Shah & Co.
Bankers : Yes Bank
Trustees/Directors/Managing Committee: : Ms. Shweta Chari, Co-Founder & CEO , Mr. Devendra Naik, Trustee , Ms. Jyoti Devjani, Trustee , Ms. Sangeeta Kapila, Trustee

Presence

Programs

Opentree Foundation, The Toybank focuses on nurturing at-risk children's behavioural and mental growth through play. Believing in the power of toys and games for cognitive, physical, social, and emotional development, Toybank emphasizes the importance of both education and extracurricular activities. Their vision is a world where all children are empowered through Conscious Play.

The Toybank Model:

The NGO sets up play centres in the premises by collaborating with institutions. Play centres are spaces where children can have play sessions. These sessions consist of playing with educational games, which instruct as well as amuse and stocked keeping in mind the developmental needs of the children. The games are regularly replaced because of wear and tear and the children outgrowing them. A play session takes place twice a month resulting in successfully reduced absenteeism, boosted cooperation among children and helped them learn better.

Conscious Play is a structured play programme for children between the ages of 6-14 years that focuses on developing Critical Thinking, Communication, and Socio-Emotional skills within children. The framework of competencies is developed based on extensive research on play, aligned with these skills.

Play2Learn is a semi-structured play programme for children between the ages of 3-14 years that focuses on providing them access to carefully curated play material and play sessions. The key focus is to increase the reach of children having access to meaningful play experiences. The digital Play2Learn Programme uses play as a preventive tool, helping teachers connect with students and overcome challenges like language barriers and disinterest. Play2Learn activity sheets, developed by a curriculum specialist, cover literacy and numeracy. These user-friendly, color-coded sheets include learning objectives, age groups, and step-by-step instructions, making them easy for teachers to use.

Play Practitioner Programme: A first-of-its-kind model that focuses on the capacity building of teachers to transform them into skilled play facilitators who understand the value of play and use it to address children’s developmental needs. It helps develop skills, attitudes and knowledge among school teachers, empowering them to bring more play to their classrooms and communities.

Key Donors

  • N.A.

HelpYourNGO Support

₹ 15,000

Donation Options

  • You can donate ₹500/- or more

Financials

Income & Expenditure Statement
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 11,331,525 19,528,896 21,017,074
Sales/Fees - - -
Interest/Dividend 2,495,228 2,142,722 1,991,333
Other Income 253 110,803 27,973
Total Income (A) 13,827,006 21,782,421 23,036,380
Expenditure
Direct Program Activities 13,143,422 19,221,246 21,330,271
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 13,143,422 19,221,246 21,330,271
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 2,572,319 3,410,087 3,889,109
Depreciation 293,586 240,690 201,797
Other Expenses/Transfers - - -
Total Expenditure (B) 16,009,327 22,872,023 25,421,177
 
Surplus / Deficit (A-B) -2,182,321 -1,089,602 -2,384,797
Balance Sheet
FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Assets
Fixed Assets 2,309,338 2,248,192 2,163,150
Current Assets 2,015,600 1,238,246 1,143,787
Cash And Bank 2,694,430 3,029,737 5,627,107
Total Current Assets 7,019,368 6,516,175 8,934,044
Investments 34,682,981 35,222,005 34,752,551
Accumulated Deficits - - -
Total Assets 41,702,349 41,738,180 43,686,595
Liabilities
Trust Corpus 8,368,680 9,873,022 13,988,237
General Funds 31,990,356 30,900,754 28,515,957
Earmarked Funds 361,240 540,783 657,538
Unutilized Grants - - -
Total 40,720,276 41,314,559 43,161,732
Loans - - -
Loans (From Members) - - -
Current Liabilities 982,073 423,621 524,863
Other Liabilities - - -
Total Liabilities 41,702,349 41,738,180 43,686,595
Financial Notes
1) The NGO has provided overall donation income and project expenditure; no detailed breakdown is available.
2) Other income includes misc. receipts and IT refund.

Additional Information

FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) - - 75,000
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - 30
Number of Consultants - - 1
Number Of Volunteers - - 250
Total - - 281
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
The Opentree Foundation (Toybank) Children Services Maharashtra 84 23,036,380 25,421,177 2023