HelpYourNGO
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.
| Year of Establishment | : | 2009 |
| Registered Address | : | C/o M-Guru/M/s International, Behind Khatav building, 1st floor, near Kalpataru Habital, Dr.S.S. Rao Road, Lalbaug, Parel., Mumbai 400012, Maharashtra |
| Website | : | https://www.educoindia.org |
| : | communications.educo@gmail.com | |
| Telephone | : | +91 2224715315 |
| Donor Contact | : | Ms. Meenal Srinivasan (Trustee) / 9820609041 / meenal.srinivasan@gmail.com |
| Registered Under | : | The Bombay Public Trust Act, 1950 |
| Auditor | : | S.D. Medadkar and Co. |
| Bankers | : | Kotak Mahindra HDFC |
| Trustees/Directors/Managing Committee: | : | Ms. Meenal Srinivasan, CEO/Managing Trustee , Mr. Sandeep Shrikahande, Trustee , |
The NGO is supported by the Municipal Corporation of Greater Mumbai (MCGM) in its day to day working. With the School Support Program of MCGM the school has been able to provide its students with basic school supplies and midday meals. The government recently helped renovate the school and also provides assistance by way of providing professional security services and housekeeping facilities. The MCGM education department provides a platform to the students of SPMPS to excel in sports, theatre and extracurricular activities.
Educo recognizes the integral role parents play in the growth and development of children and hence encourages parent partnership. This is done by getting parents involved in attending all school meetings, communicating with school authorities on regular basis and understanding the philosophy on which the school operates.
A new library with a large collection of fiction, non-fiction and research materials was inaugurated during 2015. The computer program which started in 2009 reached 2,500 students during the year. Several festivals and events are celebrated in the school throughout the year with lot of enthusiasm by the students and teachers alike. As part of Swachh Bharat initiative, a Prabhat Pheri campaign was organized and also a health awareness campaign on swine flu. In collaboration with ICICI Lombard, the NGO conducted a dental and eye check-up camp for students. To understand the needs of students better, training sessions were conducted for teachers.
The NGO is supported by Tech Mahindra Foundation, Deloitte Shared Services India Private Limited, etc. for their various school initiatives.
| Income & Expenditure Statement | |||
| FY 2018 (₹) | FY 2019 (₹) | FY 2020 (₹) | |
| Income | |||
| Government Sources | - | - | - |
| Foreign Sources | - | - | - |
| Institutional Sources | - | - | - |
| General Donations | 15,739,231 | 12,943,598 | 16,104,095 |
| Sales/Fees | - | - | - |
| Interest/Dividend | 1,554,380 | 872,760 | 884,590 |
| Other Income | - | 6,500,000 | 1,027,000 |
| Total Income (A) | 17,293,611 | 20,316,358 | 18,015,685 |
| Expenditure | |||
| Direct Program Activities | 3,270,271 | 1,677,694 | 1,290,669 |
| Program Staff Cost | 11,117,083 | 14,913,610 | 14,251,207 |
| Travel Expenses | 191,105 | 10,000 | 92,673 |
| Direct Program Expenses | 14,387,354 | 16,591,304 | 15,541,876 |
| Fund Raising Expenses | - | - | - |
| General Staff Cost | 636,609 | 38,292 | 47,782 |
| Overhead Expenses | 167,965 | 996,821 | 4,331,443 |
| Depreciation | 234,830 | 210,978 | 197,744 |
| Other Expenses/Transfers | - | 541,157 | 8,948 |
| Total Expenditure (B) | 15,617,863 | 18,388,552 | 20,220,466 |
| Surplus / Deficit (A-B) | 1,675,748 | 1,927,806 | -2,204,781 |
| Balance Sheet | |||
| FY 2018 (₹) | FY 2019 (₹) | FY 2020 (₹) | |
| Assets | |||
| Fixed Assets | 933,052 | 1,123,198 | 977,137 |
| Current Assets | 176,048 | 421,911 | 472,156 |
| Cash And Bank | 8,825,275 | 7,216,121 | 2,321,767 |
| Total Current Assets | 9,934,375 | 8,761,230 | 3,771,060 |
| Investments | 8,016,397 | 8,510,000 | 11,630,000 |
| Accumulated Deficits | - | - | - |
| Total Assets | 17,950,772 | 17,271,230 | 15,401,060 |
| Liabilities | |||
| Trust Corpus | 2,301,000 | 6,101,000 | 6,101,000 |
| General Funds | 7,908,994 | 9,836,802 | 7,632,020 |
| Earmarked Funds | 7,527,000 | 1,027,000 | - |
| Unutilized Grants | - | - | - |
| Total | 17,736,994 | 16,964,802 | 13,733,020 |
| Loans | - | - | - |
| Loans (From Members) | - | - | - |
| Current Liabilities | 213,778 | 306,428 | 1,668,040 |
| Other Liabilities | - | - | - |
| Total Liabilities | 17,950,772 | 17,271,230 | 15,401,060 |
| Financial Notes |
|
1. Income from other sources includes interest on I.T. refund and miscellaneous income.
2. Program Staff Cost mainly comprises of Staff Salaries. It also includes Consultancy Fees and Professional Fees. 3. Fund Raising Expenses includes marketing expense. |
| FY 2018 (₹) | FY 2019 (₹) | FY 2020 (₹) | |
| 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.) | - | - | - |
| 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 |
| Educo Trust | Education | School | Maharashtra | 77 | 18,015,685 | 20,220,466 | 2020 |
Subscribe now and get exclusive access to sector updates, webinar, blogs, stories of change..and a lot more! Join our community of like-minded individuals working together to make a difference.
You will now receive updates from HelpYourNGO.
Alone we can do so little; Together we can do so much.
- Helen Keller
Are you certain you don't wish to contribute to this wonderful cause and make a difference? Every donation counts!