HelpYourNGO

HelpYourNGO

Umang Foundation

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

UN Sustainable Development Goals:

Quality Education Decent Work and Economic Growth

% Spent on Beneficiaries

82%

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 : 2008
Registered Address : 1506/7, Ruby, Nirmal Lifestyles, Mulund (W), Mumbai 400080, Maharashtra
Website : https://www.umangfoundation.org
Email : umang.ashish@gmail.com; mail@umangfoundation.org
Telephone : +91 22 25900222
Donor Contact : Mr. Ashish Goyal (Founder) / +91 9819940222 / ashish@umangfoundation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : R.C. Jain & Associates LLP
Bankers : ICICI Bank State Bank of India (FCRA)
Trustees/Directors/Managing Committee: : Mr. Ashish Goyal, Founder & Managing Trustee , Mr. Akshay Shah, Trustee , Mr. Pankaj Shah, Trustee , Ms. Pooja Goyal, Trustee

Presence

Programs

Umang Foundation aims to create empowered communities where children learn in safe and supportive environments, and families build sustainable futures. Its mission is to deliver practical, grassroots solutions through volunteer-driven action, partnerships, and long-term engagement. The focus centers on reducing school dropout rates in rural and semi-urban regions.

Major Interventions:

Project Promote Education: This flagship initiative addresses the root causes of high school dropout rates by providing essential school supplies. The foundation distributes stationery kits to students in slums and rural areas to ensure they have the basic materials required to continue their academic journey. By equipping children with these tools, the program seeks to break the cycle of poverty and open new opportunities for future generations.

Infrastructure Development: The foundation undertakes comprehensive renovation projects to create safe and conducive learning environments. These efforts include the restoration of classroom buildings, the construction of functional kitchen facilities for mid-day meals, and the development of clean sanitation units. Additionally, it builds open-air stages to provide students with dedicated spaces for cultural expression and confidence-building activities.

Digital Literacy and Smart Classrooms: To bridge the digital divide, the foundation installs smart classroom kits and distributes computers to schools in underserved areas. These setups include interactive whiteboards, projectors, and digital content designed to make learning more engaging. The program also provides necessary training for teachers to help them integrate technology effectively into their daily pedagogical methods.

Health and Wellness Initiatives: Beyond education, it promotes the well-being of students and their families through various health programs. These activities include organizing blood donation drives, setting up fitness centers in villages, and providing insurance protection against diseases. The foundation also facilitates eye screening campaigns and supports children who are undergoing medical treatment for serious illnesses.

Key Donors

  • CIA
  • CBC Corporation India Pvt. Ltd.
  • etc.

Awards & Recognition

  • Entered 5 times into Limca Book of Records

HelpYourNGO Support

₹ 7,000

Donation Options

  • You can donate ₹500/- or more

Financials

Income & Expenditure Statement
FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Income
Government Sources - - -
Foreign Sources 438,747 438,747 7,834,581
Institutional Sources - - -
General Donations 4,188,121 4,188,121 10,730,972
Sales/Fees - - -
Interest/Dividend 1,478,546 1,478,546 2,267,971
Other Income - - 1,872
Total Income (A) 6,105,414 6,105,414 20,835,396
Expenditure
Direct Program Activities 5,500,079 6,470,681 14,529,209
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 5,500,079 6,470,681 14,529,209
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 1,214,705 244,103 2,820,949
Depreciation - - -
Other Expenses/Transfers 496,111 496,111 399,741
Total Expenditure (B) 7,210,895 7,210,895 17,749,899
 
Surplus / Deficit (A-B) -1,105,481 -1,105,481 3,085,497
Balance Sheet
FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Assets
Fixed Assets - - -
Current Assets 516,645 516,645 967,098
Cash And Bank 12,115,582 12,115,582 17,135,327
Total Current Assets 12,632,227 12,632,227 18,102,425
Investments 12,347,570 12,347,570 9,938,898
Accumulated Deficits - - -
Total Assets 24,979,797 24,979,797 28,041,323
Liabilities
Trust Corpus 6,911,929 6,911,929 6,911,929
General Funds 18,033,898 18,033,898 21,119,394
Earmarked Funds - - -
Unutilized Grants - - -
Total 24,945,827 24,945,827 28,031,323
Loans - - -
Loans (From Members) - - -
Current Liabilities 33,970 33,970 10,000
Other Liabilities - - -
Total Liabilities 24,979,797 24,979,797 28,041,323
Financial Notes
1) Due to the lack of detailed program expenses, we have assumed 15% as overhead.
2) Other Expenses/Transfers include loss on disposal of assets.
3) Investments include FDs and their accrued interest.

Additional Information

FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) - - 50,000
Indirect Beneficiaries (nos.) - - 200,000
Average Cost per Direct Beneficiary (₹) - - 291
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - 100
Total - - 100
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
Muktangan Education Trust Education School Ops Maharashtra 100 217,794,398 207,213,458 2022
Abhivyakti Media for Development (AMD) Education Learning Aids Maharashtra 98 10,433,333 10,159,128 2021
Akanksha Public Charitable Trust (Imlee Mahuaa) Education School Ops Tamil Nadu 98 1,892,695 1,894,560 2021
Ganga Shikshan Prasarak Mandal Education School Maharashtra 98 21,501,465 19,892,584 2015
Deep Foundation Education Hostel Maharashtra 98 514,548 536,550 2014
Umang Foundation Education Services Maharashtra 82 20,835,396 17,749,899 2025