HelpYourNGO - Education - Masoom

Masoom

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

UN Sustainable Development Goals:
NGO LogoNGO Logo

% Spent on Beneficiaries

88%
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 : 2008
Registered Address : Plot no - 788, Next to RTI Cake Shop, Jame Jamshed Road, Parsi Colony, Near Five Garden, Dadar T.T. , Mumbai 400014, Maharashtra
Presence : Gujarat, Maharashtra
Website : https://www.masoomeducation.org
Email : ceo@masoomeducation.org
Telephone : +91 22 24132202
Donor Contact : Ms. Nikita Ketkar / +91 9167577131 / nikita@masoomeducation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Ambavat Jain and Associates LLP
Bankers : Dena Bank & ICICI Bank (Local), ICICI Bank (FCRA)
Trustees/Directors/Managing Committee: : Ms. Nikita Ketkar - Founder & CEO, Ms. Vidya Shah - Trustee, Mr. Vineet Ketkar - Trustee, Dr. Chandrashekhar Bangargi - Trustee, Mr. Suryakant Deshpande - Trustee

Masoom aims to establish Quality Education in Night Schools, through its Night School Transformation Program (NSTP). The Program is specifically designed to meet the needs of Night Schools and its individual students. It is based on a 3-pronged intervention model consisting of interdependent focus areas for school transformation, namely Education Infrastructure and Inputs, Capacity Building for all Stakeholders and Advocacy.

Interventions:

Educational Infrastructure and Support: Masoom provides critical education infrastructure support and resources. This includes basic amenities such as nutrition (evening meals), notebook, textbooks, mobile science labs, computers and material for audio-visual learning, Braille learning tools and Braille Textbooks are provided to schools that have visually impaired students. Providing Entrepreneurship Development Programs, Evening learning center, Tech on Wheel and Placement services. Masoom enrolls visually impaired students from rural areas by contacting 4 vocational training institutes that provide skill training to visually impaired students.

Career Cell & Capacity Building: The Career Cell was established to help the Night School students for making the right decision about their career by providing various long & short term courses along with guidance. Masoom works closely with various stakeholders in the schools such as the School Management Development Committee (SMDC), Trustees, Head Masters (HM), Teachers, Students, Alumni, Parents and Non-teaching Staff. Masoom organizes training sessions and workshop for these stakeholders. School leaders are appointed as a support to the schools as well as to Masoom.

Advocacy: Masoom undertakes various initiatives to effect policy level changes in favor of Night Schools, aiming to create visibility for Night Schools through advocacy. This includes raising awareness among the key decision makers and the public, of the urgent need for policy level changes and their implementation. Meetings being conducted with officials from the Education Department to streamline the online program at school level.

Nutrition: Masoom has been providing dry ration kits to night schools in Mumbai and other parts of Maharashtra as the school students survived on daily wages or work in the unorganized sector, most facing unemployment. Night schools from regions of Mumbai, Pune, Nagpur were benefited.

FY 2020 (₹) FY 2021 (₹) FY 2022 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources 112,864,706 73,599,825 92,155,473
General Donations 1,079,277 689,162 989,654
Sales/Fees - - -
Interest/Dividend 4,233,041 3,028,154 2,022,855
Other Income 123,600 - 22,722
Total Income (A) 118,300,624 77,317,141 95,190,704
 
Expenditure
Direct Program Activities 50,953,605 23,103,150 53,216,871
Program Staff Cost 29,116,300 27,484,299 3,050,000
Travel Expenses - - -
Direct Program Expenses 80,069,905 50,587,449 56,266,871
Fund Raising Expenses - - -
General Staff Cost 3,602,512 2,891,803 -
Overhead Expenses 1,921,406 1,713,742 4,891,421
Depreciation 1,514,956 1,856,006 3,044,942
Other Expenses/Transfers 27,133,467 15,796,496 23,096,731
Total Expenditure (B) 114,242,246 72,845,496 87,299,965
 
Surplus / Deficit (A-B) 4,058,378 4,471,645 7,890,739
Assets
Fixed Assets 6,729,219 8,975,809 12,283,874
Current Assets 842,222 1,024,950 2,562,652
Cash And Bank 15,700,931 16,508,857 13,481,295
Total Current Assets 23,272,372 26,509,616 28,327,821
Investments 55,044,017 43,386,791 52,806,131
Accumulated Deficits - - -
Total Assets 78,316,389 69,896,407 81,133,952
 
Liabilities
Trust Corpus 5,594,002 6,272,986 6,272,986
General Funds 31,539,872 36,048,030 43,938,769
Earmarked Funds 27,133,467 16,616,319 24,686,466
Unutilized Grants - - -
Total 64,267,341 58,937,335 74,898,221
Loans - - -
Loans (From Members) - - -
Current Liabilities 14,049,048 10,959,072 6,235,731
Other Liabilities - - -
Total Liabilities 78,316,389 69,896,407 81,133,952
1) Remuneration to Trustees are shown under Program Staff Cost.
2) Unspent Grant transferred to Balance Sheet shown under Other Expenses/Transfers and Earmarked Funds.
FY 2020 FY 2021 FY 2022
Beneficiary Details
Direct Beneficiaries (nos.) 8,226 - -
Indirect Beneficiaries (nos.) 24,678 - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 42 - -
Number of Consultants 46 - -
Number Of Volunteers 30 - -
Total 118 - -
Highest Paid Full-Time Staff (₹ p.a.) 858,000 - -
Lowest Paid Full-Time Staff (₹ p.a.) 198,660 - -
Services Funds Raised (₹)
4,402,365
Charity Registry 15,000
CSR 13,743,786
Donor Advisory 2,208,004
Total Funds Raised 20,369,155
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
arr2
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
arr3
K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
arr4
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220
Masoom Education Bridge/Night School Maharashtra 64 95,190,704 87,299,965


Look for NGOs working in your preferred State