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Asha-Kiran Shelters Foundation

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

% Spent on Beneficiaries

79%

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 : 2007
Registered Address : Flat No.1, Rajaram Apartments, South Main Road, Koregaon Park, Pune 411001, Maharashtra
Website : https://www.asha-kiran.org.in
Email : foundation@asha-kiran.org.es
Telephone : +91 20 26151600; 7385629888
Donor Contact : Mr. Manish Shroff (Executive Director) / +91 9226104518 / director@asha-kiran.org.in
Registered Under : The Companies Act, 1956
Auditor : Abhay Gundecha & Co.
Bankers : Axis Bank
Trustees/Directors/Managing Committee: : Mr. Julian Modenes, Founder & President , Ms. Paloma Sousa, Founder & Vice President , Mr. Manish Shroff, Director , Ms. Bhavika Shroff, Director , Mr. Aniruddha Padale, Director , Ms. Vaishali Gaikwad, Director

Programs

Asha Kiran’s projects are as follows:

  • Yashodhara Shelter Home: Located in Bhambarde Village, Pune, the Home is a ‘Hope' for numerous orphaned and neglected children. The Home provides residential facility to 150 children and assists 200 children with formal education from Std. V to Std. X, vocational training and health care. It also counsels the children’s families so that these children are accommodated back in a caring and protective family.
  • Day Care Centre: The Centre caters to children of migrant labourers in the age group of 0 to 16 years for whom schooling is impossible due to their transitory lifestyle. These children are provided with elementary education, healthcare and daily meals. The Centre includes a crèche for children who are less than three years old, a balwadi for children in the age group of 3-6 years and elementary education for children aged six years and above. Started in 2011, this project has extended to 10 centres/creches and 500 children in FY13.

Asha Kiran has formed Self-Help Groups (SHGs) to augment socio-economic empowerment of women. Illiterate and unemployed women are imparted tailoring training to supplement them. Women are also involved in the community kitchen which serves meals to all the 500-600 children under the Opening Education Pathways for Migrant Children (OEPMC) project.

Asha Kiran is also associated with Campaign Against Child Labour (CACL), Action For the Rights Of Child (ARC) and Task Force, for addressing the issue of Child Labour and its abolition.

Financials

Income & Expenditure Statement
FY 2011 (₹) FY 2012 (₹) FY 2013 (₹)
Income
Government Sources - - -
Foreign Sources 1,113,479 - 2,722,553
Institutional Sources - 876,726 763,025
General Donations - 1,009,334 216,202
Sales/Fees - - -
Interest/Dividend 822 8,700 61,174
Other Income - - 18,570
Total Income (A) 1,114,301 1,894,760 3,781,524
Expenditure
Direct Program Activities 798,003 610,944 1,278,212
Program Staff Cost 1,002,582 1,161,332 1,467,026
Travel Expenses 131,937 - 21,229
Direct Program Expenses 1,800,585 1,772,276 2,745,238
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 584,323 792,347 367,922
Depreciation 82,889 84,849 241,883
Other Expenses/Transfers 12,221 4,097 -
Total Expenditure (B) 2,921,440 2,706,602 3,484,131
 
Surplus / Deficit (A-B) -1,807,139 -811,842 297,393
Balance Sheet
FY 2011 (₹) FY 2012 (₹) FY 2013 (₹)
Assets
Fixed Assets 924,139 839,290 754,689
Current Assets 384,000 241,763 78,436
Cash And Bank 318,585 124,948 639,857
Total Current Assets 1,626,724 1,206,001 1,472,982
Investments - - -
Accumulated Deficits 9,984,839 10,796,681 10,499,287
Total Assets 11,611,563 12,002,682 11,972,269
Liabilities
Trust Corpus 5,229,440 5,229,440 5,229,440
General Funds 6,251,811 6,251,811 6,251,811
Earmarked Funds - - -
Unutilized Grants - - -
Total 11,481,251 11,481,251 11,481,251
Loans - 430,000 430,000
Loans (From Members) - - -
Current Liabilities 130,312 91,431 61,018
Other Liabilities - - -
Total Liabilities 11,611,563 12,002,682 11,972,269

Additional Information

FY 2011 (₹) FY 2012 (₹) FY 2013 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 800 900 -
Indirect Beneficiaries (nos.) 110 185 -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 16 18 -
Number of Consultants 2 2 -
Number Of Volunteers - 2 -
Total 18 22 -
Highest Paid Full-Time Staff (₹ p.a.) 582,000 582,000 -
Lowest Paid Full-Time Staff (₹ p.a.) 26,400 30,000 -

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
Asha-Kiran Shelters Foundation Education School and Home Maharashtra 79 3,781,524 3,484,131 2013