UN Sustainable Development Goal:
% Spent on BeneficiariesHelpYourNGO 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||:||2014|
|Registered Address||:||103, Regent Chambers, Nariman Point, Mumbai 400021, Mumbai 400021, Maharashtra|
|Telephone||:||+91 22 22041250/51|
|Donor Contact||:||Mr. Alex Rodrigues / email@example.com|
|Registered Under||:||The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
|Auditor||:||Jigar M. Shah & Associates|
|Trustees/Directors/Managing Committee:||:||Mr. Iyer Venkata Subramaniam, Ms. Winnie Dholakia|
Crisis: Globally there are 10 million registered NGOs and of this, 3.30 million are registered in India. It is reported that less than 10% of these have complied with filing annual returns with the Registrar in the last financial year. In India, 30,000 NGOs were registered to receive foreign donations under the FCRA 2010. Since 2014, more than 10,000 had their license cancelled for failing to file annual returns for three years in a row. Nearly 15,000 lost their license because they were in violation of the law. Hence, the need for transparency!
HYNGO was set up with the goal of promoting transparency in the social sector and helping donors make donation decisions in a strategic manner. HYNGO is the only organization in India standardizing detailed financial and program information on 650+ NGOs across 504 zip-codes and 13 sectors.
Advisory Services: We recommend NGOs to donors which match their unique requirements, and also monitor the fund utilization. We make an effort to identify NGOs meeting the highest standard of credibility but having lesser visibility than the popular NGOs.
hynGO – newly launched: hynGO aims at building a Corpus and providing a steady stream of inflows to support credible NGOs and help them become sustainable over time. This will allow NGOs to focus on implementing the great work that they do, instead of focusing on fundraising. HYNGO will monitor the utilization of funds and share half-yearly program reports and fund utilization statements with donors for 10 years.
Systematic Giving Plan (SGP): A first of its kind initiative which enables investors to contribute 10% of their investment with a Mutual Fund (MF) every year to NGOs vetted and monitored by HYNGO. Quantum MF is the first fund house to adopt SGP.
|FY 2019 (₹)||FY 2020 (₹)||FY 2021 (₹)|
|Income and Expenditure Statement||-4,458||103,709||25,050|
|FY 2019||FY 2020||FY 2021|
|Direct Beneficiaries (nos.)||38||37||62|
|Indirect Beneficiaries (nos.)||-||-||-|
|Average Cost per Direct Beneficiary (₹)||-||-||-|
|No. of Staff||-||-||-|
|Number of Consultants||-||-||-|
|Number Of Volunteers||-||-||-|
|Highest Paid Full-Time Staff (₹ p.a.)||-||-||-|
|Lowest Paid Full-Time Staff (₹ p.a.)||-||-||-|
|Services||Funds Raised (₹)|
|YourRedButton Corpus - To be disbursed to NGOs||2,262,233|
|Total Funds Raised||2,262,233|
|NGO Name||Sector||Sub Sector||Location||% Spent on Beneficiaries||Income (₹)||Expense (₹)|
|Informed Voter Project (MumbaiVotes)||Governance||Maharashtra||91||928,887||992,116|
|Association for Democratic Reforms (ADR)||Governance||Delhi||84||56,127,790||54,691,972|
|Public Concern for Governance Trust (PCGT)||Governance||Maharashtra||60||2,378,317||2,421,498|