HelpYourNGO

HelpYourNGO

New Life

Sector
Children
Sub Sector
Child Care/Balwadi/Creche
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
FCRA

UN Sustainable Development Goals:

Quality Education Gender Equality

% Spent on Beneficiaries

87%

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 : 1993
Registered Address : No: 1/12, Naadar Street, Naadar Chathiram, Somarasampettai, Tiruchirappalli 620102, Tamil Nadu
Website : https://www.newlifemfi.org
Email : newlife_1993@yahoo.com; newlife_elc@yahoo.com
Telephone : +91 431 2464335; +91 431 4200694
Donor Contact : Ms. F. Beatrice Vanaja (Secretary) / +91 9600944322 / cao@newlifemfi.org
Registered Under : The Societies Registration Act, 1860
Auditor : A. Habibulla
Bankers : State Bank of India ICICI Bank
Trustees/Directors/Managing Committee: : Mr. C. Peter Rex Charly, President , Mr. S.Francis Xavier, Vice-President , Ms. F. Beatrice Vanaja, Secretary , Ms. M. Gayathri, Treasurer , Mr. R. Subburayan, Member , Mrs. Viji Eugene, Member , Mr. C. Mansoor, Member

Programs

Major Activities undertaken are:

  • Child Development and Education:  The orphaned, semi-orphaned, deserted, and extremely poor children or children whose parents are inside the prison are taken care of in the homes run by New Life since 2008. Children are provided with health, education and psychological support. Coaching classes, exposure trips, leadership programs to improve communication skills are provided. The Karnataka chapter of New life supports “School for Sex Workers by Sex Workers”. Drop outs who were once child labourers are supported through NFE centres. A special school for child labourers provides non formal education and aims at enrolling them into regular schools.
  • Crèches: A crèche and pre-school provides children with an informal way to learn at subsidised costs. 4 Creches are functioning to take day care of the children of poor women in the rural/urban slum areas and these children are taught in a play way method.
  • Vocational Training: Training programs are conducted to improve the employable skills of people above the age of 14 in courses like Fundamentals of Computer, Tally, Accounting, Spoken English, Kundan Training, Vermi compost production, etc. The program is approved by the SDIS of the Department of Employment and Training. 59 people were trained in FY15.
  • Mobile Outreach: A mobile health unit serves as an outreach program in coordination with the Tamil Nadu Health Services Project for the poor tribal in Pachamalai Hills. Cancer screening camps are also conducted.
  • Rehabilitation of Prisoners: Rehabilitation includes training the inmates of the prison in income generation skills and counselling them. The families of the inmates outside the prison are given support.

HelpYourNGO Support

₹ 1,905

Financials

Income & Expenditure Statement
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - 1,113,359 1,188,000
Foreign Sources - - -
Institutional Sources 806,929 23,500 140,700
General Donations 514,664 780,056 3,198,822
Sales/Fees 333,206 478,636 1,503,554
Interest/Dividend 29,767 45,700 19,994
Other Income - - -
Total Income (A) 1,684,566 2,441,251 6,051,070
Expenditure
Direct Program Activities 1,288,743 1,300,854 2,042,622
Program Staff Cost 1,769,245 2,007,236 3,540,445
Travel Expenses 208,358 177,684 303,563
Direct Program Expenses 3,057,988 3,308,090 5,583,067
Fund Raising Expenses - - -
General Staff Cost 81,000 54,000 72,000
Overhead Expenses 232,179 574,082 735,062
Depreciation 22,368 19,990 99,752
Other Expenses/Transfers - - -
Total Expenditure (B) 3,601,893 4,133,846 6,793,444
 
Surplus / Deficit (A-B) -1,917,327 -1,692,595 -742,374
Balance Sheet
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Assets
Fixed Assets 8,365,958 6,764,470 8,058,282
Current Assets 4,227,991 3,239,349 2,479,439
Cash And Bank 514,716 929,458 314,466
Total Current Assets 13,108,665 10,933,277 10,852,187
Investments 406,604 136,604 302,604
Accumulated Deficits 222,262 1,044,479 1,364,428
Total Assets 13,737,530 12,114,359 12,519,220
Liabilities
Trust Corpus 5,284,464 5,284,464 5,284,464
General Funds 1,049,443 1,625,637 1,084,931
Earmarked Funds - - -
Unutilized Grants 6,502,947 4,642,877 4,740,494
Total 12,836,854 11,552,978 11,109,889
Loans - - 1,356,730
Loans (From Members) - - -
Current Liabilities 900,677 561,381 52,600
Other Liabilities - - -
Total Liabilities 13,737,530 12,114,359 12,519,220
Financial Notes
1) Government Sources include grant from Tamil Nadu Health System Project, an initiative with Tamil Nadu State Government in collaboration with the World Bank to improve the effectiveness of health system in the State.
2) Grants received have been shown under Institutional Sources.
3) Sales/Fees include loan processing fees under its micro finance wing.
4) Direct Programme Activities include overheads like rent pertaining to the Education programs.

Additional Information

FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 29,863 30,498 -
Indirect Beneficiaries (nos.) 109,746 121,929 -
Average Cost per Direct Beneficiary (₹) 111 131 131
Staff Details
No. of Staff 106 39 42
Number of Consultants - - 2
Number Of Volunteers - - 18
Total 106 39 62
Highest Paid Full-Time Staff (₹ p.a.) 300,000 480,000 480,000
Lowest Paid Full-Time Staff (₹ p.a.) 24,000 24,000 26,400

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
New Life Children Child Care/Balwadi/Creche Tamil Nadu 87 6,051,070 6,793,444 2015