HelpYourNGO

HelpYourNGO

Basic Research Education and Development Society (BREAD Society)

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

UN Sustainable Development Goals:

Quality Education

% Spent on Beneficiaries

93%

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 : 1989
Registered Address : Plot No. 1300 A, Road No. 66, Jubilee Hills, Hyderabad 500033, Telangana
Website : https://www.breadsocietyindia.org
Email : breadsociety@gmail.com
Telephone : +91 80 28485128; +91 9391357141
Donor Contact : Mr. Ramamohan Rao Kakani (Secretary) / +91 9342109434 / breadsociety@gmail.com
Registered Under : The Societies Registration Act, 1860
Auditor : P. Mohana Rao & Co.
Bankers : Andhra Bank UCO Bank
Trustees/Directors/Managing Committee: : Mr. Janakiram Prasad, President , Mr. Ravi Kanth M, Vice-President , Mr. Vijaya Sai Meka, Vice-President , Mr. Dharmaraju Kakani, Secretary , Mr. S Srinivas, Treasurer , Dr. V Chandrasekhara Rao, Jt. Secretary , Mr. LBCL Rangaji, Jt. Treasurer , Mr. S Jagannadha Rao, Member , Mr. Narasimhulu Naidu N, Member , Mr. Krishnam Naidu M, Member , Mr. V Ramesh, Member , Mr. Shashibushan Kache, Member , Mr. T Lingaiah, Member

Presence

Programs

The Basic Research Education and Development (BREAD) Society is dedicated to educational advancement for students from marginalized backgrounds. The mission focuses on inculcating a thirst for knowledge and helping students achieve their full potential to bring forth human excellence through establishing children’s libraries in Government High Schools.

Major Interventions:

Children’s Library Program: The primary focus of the NGO is on establishing libraries within government high schools. This program provides essential book racks and a diverse collection of books in languages such as Telugu, English, and Hindi. These libraries aim to provide high-quality reading materials that add value to existing school facilities. The society emphasizes easy-to-read stories to engage young readers and foster a consistent reading habit.

Book Replenishment Initiatives: To maintain the relevance and variety of the libraries, the NGO regularly adds new books to existing collections. This ongoing support ensures that students have access to fresh content and a wide range of topics. The replenishment process relies on sustainable financial models, such as using interest from fixed deposits to fund the purchase of additional volumes.

Student Engagement and Monitoring: The society implements unique features within its library programs, such as delegating record-keeping responsibilities to the students. This practice fosters leadership and accountability among young people. Furthermore, it promotes the submission of book reviews to track student interest and program effectiveness. It also explores digital solutions and internships to monitor library usage across various regions.

Scholarship and Financial Assistance: While the current emphasis remains on libraries, the NGO has a history of supporting meritorious underprivileged students through financial assistance for higher education. It continues to facilitate donations for various educational needs, including funding for book publishing and library expansion into non-governmental schools.

Key Donors

  • Dr Reddy's Laboratories
  • TANA Foundation, USA
  • Cincinnati Telegu Foundation, USA
  • etc.

HelpYourNGO Support

₹ 9,000

Donation Options

  • ₹2,000/- to replenish 80 books at existing libraries. OR
  • ₹6,000/- for a 1-year Diploma in Education Scholarship OR

Financials

Income & Expenditure Statement
FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 5,436,264 4,566,545 1,948,681
Sales/Fees - - -
Interest/Dividend 1,295,971 1,045,448 1,548,858
Other Income - - -
Total Income (A) 6,732,235 5,611,993 3,497,539
Expenditure
Direct Program Activities 5,362,522 4,675,029 3,731,799
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 5,362,522 4,675,029 3,731,799
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 273,350 284,959 262,593
Depreciation 3,259 967 822
Other Expenses/Transfers - - -
Total Expenditure (B) 5,639,132 4,960,955 3,995,214
 
Surplus / Deficit (A-B) 1,093,103 651,038 -497,675
Balance Sheet
FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Assets
Fixed Assets 6,448 5,481 4,659
Current Assets 221,920 20,681,181 21,028,708
Cash And Bank 359,494 649,164 1,144,123
Total Current Assets 587,862 21,335,826 22,177,490
Investments 20,487,677 1,000,000 -
Accumulated Deficits - - -
Total Assets 21,075,539 22,335,826 22,177,490
Liabilities
Trust Corpus 72,000 75,000 75,000
General Funds 13,860,158 15,117,446 14,959,110
Earmarked Funds 7,143,380 7,143,380 7,143,380
Unutilized Grants - - -
Total 21,075,539 22,335,826 22,177,490
Loans - - -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 21,075,539 22,335,826 22,177,490
Financial Notes
The NGO has provided an overall spent on the programs, but not a detailed breakdown.

Additional Information

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
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
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
Basic Research Education and Development Society (BREAD Society) Education Services Telangana 93 3,497,539 3,995,214 2024