HelpYourNGO - - Foundation-for-Initiatives-in-Development-and-Education-for-All-(IDEA)

Foundation for Initiatives in Development and Education for All (IDEA)

Sector: Children
Sub Sector: Services
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
NGO LogoNGO Logo

% Spent on Beneficiaries

81%
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 : 2002
Registered Address : IDEA, Flat No 10, Fountain Head Apartment, Pune 411038, Maharashtra
Presence :
Website : https://www.ideafoundation.org.in
Email : contact@ideafoundation.org.in
Telephone : +91 20 25440615
Donor Contact : Dr. Usha Pillai / +91 9890119732; +91 9730261878 / contact@ideafoundation.org.in
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : SPJV & Co.
Bankers : ICICI Bank, Shri Laxmikrupa Urban Co-op Bank
Trustees/Directors/Managing Committee: : Mr. Balakrishna K. Pillai - President/Co-Founder, Dr. Usha Pillai - Director/Co-Founder, Mr. Ajay Talreja - Hon. Treasurer, Mr. Dattatraya S. Waghmare - Trustee, Dr. Vijay Kulkarni - Member, Dr. Prachee Navalkar - Member, Mr. A. G. Budhkar - Member, Ms. Shilpa Khangaonkar - Member, Mr. Sachin Gokhale - Member

Another important focus area at IDEA is the emancipation of women and it has partnerships with various donor organizations.

Main activities:

Learning Centres: IDEA has 25 Learning centres (16 Play & Learn centres & 9 study centres) in Pune & Bhor areas which cater to the educational and overall developmental needs of 626 primary & middle school children making their educational foundation strong. The out-of-school children are identified and enrolled in play & learn centres and eventually in school to channelize them into the main stream. Focus is on activity based learning to create enthusiasm in children towards education.

Sponsorship Program: Educational sponsorship in the form of school materials, uniform/civil dress, school and coaching class fees and opportunities for their all-round development through co-curricular activities is provided to needy and deserving children from class III to class XII. In FY15, 315 children received aid and donation in kind through IDEA. Additionally, 48 children from 4 schools in Haweli Taluka were given school material. The Program is supported by GiveIndia, Godparent foundation, Global Giving, Caring Friends, Trent Ltd.  and some individual donors.

Skill Development Program: Skill Development was under taken by IDEA to provide opportunities for better livelihood to youngsters & women who are underemployed/unemployed or working in unskilled sectors. Skill Development Program includes two activities - Art & Craft and vocational training in tailoring, fashion designing, nursing, retailing, computer courses and as beauticians. The vocational course durations vary from 4-6 months. The training centres are located at 4 places (2 in Pune & 2 in Bhor. Training is provided in different trades and in arts and craft to women and young girls.

FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources - - -
Foreign Sources 2,920,071 5,773,096 4,477,168
Institutional Sources 405,600 680,000 7,022,447
General Donations 2,687,204 1,591,597 2,156,837
Sales/Fees - - -
Interest/Dividend 238,550 153,436 266,221
Other Income - - -
Total Income (A) 6,251,425 8,198,129 13,922,673
 
Expenditure
Direct Program Activities 4,873,982 6,120,913 10,705,888
Program Staff Cost 710,517 - -
Travel Expenses - - -
Direct Program Expenses 5,584,499 6,120,913 10,705,888
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 459,284 1,960,029 2,387,671
Depreciation 53,158 - 74,560
Other Expenses/Transfers - - -
Total Expenditure (B) 6,096,941 8,080,942 13,168,119
 
Surplus / Deficit (A-B) 154,484 117,187 754,554
Assets
Fixed Assets 148,381 148,353 158,733
Current Assets 115,938 167,558 210,006
Cash And Bank 1,135,380 2,096,050 7,943,494
Total Current Assets 1,399,699 2,411,961 8,312,233
Investments 2,766,844 2,925,528 3,562,218
Accumulated Deficits - - -
Total Assets 4,166,543 5,337,489 11,874,451
 
Liabilities
Trust Corpus 111,294 124,558 131,293
General Funds 1,130,201 1,247,389 1,998,143
Earmarked Funds 2,896,715 3,931,226 9,736,588
Unutilized Grants - - -
Total 4,138,210 5,303,173 11,866,024
Loans - - -
Loans (From Members) - - -
Current Liabilities 28,333 34,316 8,427
Other Liabilities - - -
Total Liabilities 4,166,543 5,337,489 11,874,451
1) Significant increase in the Total Income in FY15 is due to grant of Rs57 lakhs from Tata Communications Ltd. for the Inclusive Education Project.
2) For FY14 and FY15, the NGO has not provided us the Audit Reports. We have taken the financial information from the Annual Reports.
FY 2013 FY 2014 FY 2015
Beneficiary Details
Direct Beneficiaries (nos.) - 1,537 1,494
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - 14 16
Number of Consultants - - 2
Number Of Volunteers - 44 40
Total - 58 58
Highest Paid Full-Time Staff (₹ p.a.) - 486,500 540,600
Lowest Paid Full-Time Staff (₹ p.a.) - 34,400 92,400
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
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Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
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Vathsalya Charitable Trust Children Child Care/Balwadi/Creche Karnataka 82 11,534,617 12,747,852
Foundation for Initiatives in Development and Education for All (IDEA) Children Services Maharashtra 81 13,922,673 13,168,119
Annamitra Foundation (Formerly known as ISKCON Food Relief Foundation) Children Nutrition Maharashtra 73 447,797,532 462,334,334
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Family Service Centre Children Adoption Maharashtra 67 8,855,533 7,095,463


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