HelpYourNGO
Foundation for Initiatives in Development and Education for All (IDEA)
Children
Services
50% u/s 80G of The Income Tax Act, 1961
UN Sustainable Development Goals:
% Spent on Beneficiaries
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 | : | 2002 |
| Registered Address | : | IDEA, Flat No 10, Fountain Head Apartment, Pune 411038, Maharashtra |
| Website | : | https://www.ideafoundation.org.in |
| : | contact@ideafoundation.org.in | |
| Telephone | : | +91 20 25440615 |
| Donor Contact | : | Dr. Usha Pillai / +91 9890119732; +91 9730261878 / usha@ideafoundation.org.in |
| Registered Under | : | The Bombay Public Trust Act, 1950, The Societies Registration Act, 1860 |
| Auditor | : | Khare Deshmukh & Co. |
| Bankers | : | ICICI Bank Shri Laxmikrupa Urban Co-op Bank |
| Trustees/Directors/Managing Committee: | : | Mr. Balakrishna Pillai , Dr. Usha Pillai , Mr. Ashok Budhkar , Dr. Vijay Kulkarni , Mr. Sachin Gokhale , Mr. Ajay Talreja , Ms. Sujata Kelkar , Ms. Sangeetha Menon , Ms. Shilpa Khangaonkar , Dr. Shraddha Nigavekar |
Presence
Programs
IDEA (Foundation for Initiatives in Development and Education for All) is dedicated to creating equal opportunities for underprivileged children, youth, and women. The vision is to foster a just society where individuals have access to fair chances for their holistic development by implementing educational and skilling programs, aiming to minimize school dropouts and enhance employability.
Major Interventions:
UTKARSH operates study centers for children in grades 1 through 7. Teaching is conducted in a holistic manner, incorporating Activity-Based Learning (ABL) and e-learning. The primary focus is on enhancing fundamental learning skills such as reading, writing, mathematics, and comprehension.
UDAAN provides educational sponsorship to students from grade 8 up to graduation. This program offers financial assistance for school and college fees and stationery. Additionally, it includes life skills sessions and provides leadership training through Youth clubs and career counselling for high-potential youth.
ASHAKIRAN is a skilling program designed to impart vocational training to underprivileged women and youth from urban, rural, and tribal areas. The training covers various trades like beauty and care, cooking and catering, and tailoring, enhancing skills and employability.
UNNATI is an Entrepreneurial Development Program (EDP) for women who have completed their vocational training. It aims to provide them with the knowledge and encouragement needed to start their enterprises. The program also includes life skills, digital literacy, and helps organize women into Self-Help Groups (SHGs), supporting them in becoming micro-entrepreneurs.
E-SAKSHAR: This Digital Literacy Programme teaches the basics of computers and the internet, aligned with the Government's NDLM (National Digital Literacy Mission). It is open to people of all age groups and helps bridge the digital divide, increasing the confidence of children, college students, and underprivileged entrepreneurs.
Donation Options
- Rs. 5000-Support a rural woman to complete a 3-month skill development training, Rs, 4000-Sponsor a child in learning centre in Pune slum for a year, Rs. 2000-Sponsor the school fee for an underprivileged child for one year.
Financials
| Income & Expenditure Statement | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Income | |||
| Government Sources | - | 382,500 | 42,500 |
| Foreign Sources | 4,977,523 | 2,257,049 | 2,105,260 |
| Institutional Sources | 18,093,133 | 20,909,897 | 30,241,738 |
| General Donations | 774,184 | 851,785 | 1,442,420 |
| Sales/Fees | - | 915,831 | 900,350 |
| Interest/Dividend | 444,548 | 463,910 | 497,496 |
| Other Income | - | 9,703,954 | 57,570 |
| Total Income (A) | 24,289,388 | 35,484,926 | 35,287,334 |
| Expenditure | |||
| Direct Program Activities | 9,875,875 | 11,191,946 | 18,219,282 |
| Program Staff Cost | 9,808,612 | 13,728,516 | 13,759,353 |
| Travel Expenses | 209,394 | 602,945 | 723,742 |
| Direct Program Expenses | 19,684,487 | 24,920,462 | 31,978,635 |
| Fund Raising Expenses | - | - | - |
| General Staff Cost | - | - | - |
| Overhead Expenses | 1,552,328 | 1,873,147 | 2,196,303 |
| Depreciation | - | - | - |
| Other Expenses/Transfers | 1,917,010 | 6,782,768 | - |
| Total Expenditure (B) | 23,363,219 | 34,179,322 | 34,898,680 |
| Surplus / Deficit (A-B) | 926,169 | 1,305,604 | 388,654 |
| Balance Sheet | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Assets | |||
| Fixed Assets | 1,292,432 | 1,293,507 | 1,928,242 |
| Current Assets | 1,873,484 | 1,680,042 | 2,759,255 |
| Cash And Bank | 3,354,624 | 4,945,419 | 2,650,878 |
| Total Current Assets | 6,520,540 | 7,918,968 | 7,338,375 |
| Investments | 11,737,069 | 9,163,741 | 10,645,921 |
| Accumulated Deficits | - | - | - |
| Total Assets | 18,257,609 | 17,082,709 | 17,984,296 |
| Liabilities | |||
| Trust Corpus | 2,156,454 | 2,156,454 | 2,158,454 |
| General Funds | 3,357,289 | 4,662,892 | 5,051,546 |
| Earmarked Funds | 2,817,994 | 3,125,718 | 3,788,953 |
| Unutilized Grants | 9,696,616 | 6,782,767 | 6,803,198 |
| Total | 18,028,353 | 16,727,831 | 17,802,151 |
| Loans | - | - | - |
| Loans (From Members) | - | - | - |
| Current Liabilities | 229,256 | 354,878 | 182,145 |
| Other Liabilities | - | - | - |
| Total Liabilities | 18,257,609 | 17,082,709 | 17,984,296 |
| Financial Notes |
|
1) Government sources include donations from Rotary clubs.
2) Other Income & Expenses include transfers and adjusted balances |
Additional Information
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Beneficiary Details | |||
| Direct Beneficiaries (nos.) | 7,132 | 6,989 | 6,312 |
| Indirect Beneficiaries (nos.) | 900 | 1,200 | 1,000 |
| Average Cost per Direct Beneficiary (₹) | - | - | - |
| Staff Details | |||
| No. of Staff | 31 | 24 | 34 |
| Number of Consultants | 1 | 2 | 3 |
| Number Of Volunteers | 300 | 845 | 771 |
| Total | 332 | 871 | 808 |
| Highest Paid Full-Time Staff (₹ p.a.) | 660,000 | 660,000 | 660,000 |
| Lowest Paid Full-Time Staff (₹ p.a.) | 114,000 | 140,400 | 120,000 |
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 |
| Foundation for Initiatives in Development and Education for All (IDEA) | Children | Services | Maharashtra | 94 | 35,287,334 | 34,898,680 | 2024 |
