Transparency

Transparency

At PARD INDIA, we adhere to good governance practices to ensure transparency and accountability in all spheres of functioning,from fundraising to reporting. We strive for excellence through compliance with laws and regulations, operational effectiveness through best practices, adoption of ethical fundraising policies, and voluntarily committing to the highest standards of financial transparency and disclosure of information.

Our Accounts are currently audited and certified by the Charted Accountant, M/s M.S. Nageswara Rao & Co (Regd. No. 024878), Tadepalligudem, East Godavari District, Andhra Pradesh (Phone Number: +91-9440213854 / 8818221130). We have complied with the submission of all our Tax Returns as per the Income Tax Regulations of the Government of India since the commencement of our services in 2011.

We comply with the Indian Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) and follow Cash Basis Accounting Method. We have an Internal Audit Committee comprising eminent professionals from the finance domain to ensure the accounting practices comply with our organization's Accounting Policies and Procedures.

We prepare financial statements with a view to presenting accurate, fair, honest, timely, and transparent financial reports to our donors and stakeholders, who use these reports to see how funds given to PARD INDIA were used to carry out proposed projects or missions. At the end of each financial year, an Annual Audit Report with Financial Statements is published and made available to everyone in the public domain of our website.

Accountability

All members and employees of PARD INDIA have a responsibility to be good stewards of the resources entrusted to us. Our Executive Committee, supported by Directors and Advisors, exercises independently overall governance leadership, managing risks and ensuring compliance with statutory requirements. The management of PARD INDIA pursues the highest of standards through independent internal audits, statutory audits by a reputed audit firm, operations audits, mid-term evaluations, robust design-based monitoring, and periodic peer reviews.

We reinforce our responsibility to the government by regularly submitting reports and filing returns and accounts with the Income Tax Department and the Ministry of Home Affairs in compliance with the Income Tax Act.

Your donation amount will be spent as per your choice. We assure you of complete transparency and accountability for your donation, as the coding system is built into donation pages that will help to trace the amount received for which cause and, accordingly, the amount spent. We also provide a direct interface between our donors to interact and serve our beneficiaries; such participation creates a bond of joy among all of us.

Our partnership approach in working with like-minded organizations ensures we are accountable, committed, and responsive to all our stakeholders, including beneficiaries. It has always been PARD INDIA's endeavor to convey a public image conforming to reality and speaking honestly. It is our resolve to continually pursue excellence beyond compliance in all aspects of our services - governance, management, operations, and administration.

Find here: Our Accountability towards Your Donation.

Funding & Payments

Since the commencement of our services in 2011, we have been supporting our projects and programs through contributions made primarilyby our own members.

We raise funds by preaching the art of the “Joy of Giving” under the “Collective Fundraising Project”. Every small donation we receive is considered an invaluable investment that supports our beneficiaries – deprived children (V-kids) and their communities, who are often denied equal opportunities and justice in our society.

Financial Highlights for the last ten (10) years

For the last ten (10) years, from 2013-14 to 2022-23, we raised donations of about 80% from our own members and the remaining 20% from external donors, mostly the local communities. We sustained our operations over the decade without external funding from outside agencies such as the government, CSR, or other business organizations. The first time we got a CSR project was in March 2023.

We spent more than 82% of our total operating expenses directly on programs that benefitted deprived children (V-kids) and their (marginalized) communities. Our building rentals and administrative expenses are the bare minimum as we operate primarily from villages, and city rentals are highly discounted in reciprocatinggoodwill to our services.

Find here: Financial Audit Reports.

With ambitious plans for 2030, we are expanding our service base geographically. We seek participation from individual donors, charitable institutions, trusts, business organizations, research institutes, CSR companies, and overseas funding agencies to support our projects and to build a better world.

Impact Measurement

We design each program to measure specific indicators (Project KPIs) to track project progress toward our beneficiaries – the empowerment of children and their communities with respect to our vision, mission,and goals.

Our programs undergo regular evaluation, which helps us analyze the impact of our work, make informed decisions, and even change course if necessary, suiting the local needs.

All along the way, we share our results with all our stakeholders, including the project sponsors, communities, and beneficiaries, so that they can be aware of what change is being reported and can validate it through periodical reports, qualitative interviews, and focus group discussions, Newsletters, and Annual Reports to our stakeholders.

The organization's accounts are audited and certified by statutory auditors and made available in the public domain.

1. Annual Audited Reports and Financial Statements (Last 10 Years)

PARD INDIA is an Indian NPO (Registered as a Society), and we comply with the audit requirements as per the Income Tax Act of 1961. The following are the last 10 years' Audited Reports submitted to the Income Tax Department:

Year Description Download Annual Audit Report
01 Financial Audit Report of PARD INDIA 2022-23
02 Financial Audit Report of PARD INDIA 2021-22
03 Financial Audit Report of PARD INDIA 2020-21
04 Financial Audit Report of PARD INDIA 2019-20
05 Financial Audit Report of PARD INDIA 2018-19
06 Financial Audit Report of PARD INDIA 2017-18
07 Financial Audit Report of PARD INDIA 2016-17
08 Financial Audit Report of PARD INDIA 2015-16
09 Financial Audit Report of PARD INDIA 2014-15
10 Financial Audit Report of PARD INDIA 2013-14

2. FCRA Reports

For the first time, PARD INDIA got the approval of FCRA on 28th October 2023, valid for 5 years until 27th October 2028.

FCRA Annual Audited Financial Statements

In accordance with the Rule 13(a) of the Foreign Contribution (Regulation) Rules, 2015, the audited financial statements pertaining to the foreign contributions are given below. This is solely for the purpose of complying with the requirements of the above-said Rule. This should not be copied or misused for any purpose.

FCRA Quarterly Donation Details

In accordance with the Rule 13(a) of the Foreign Contribution (Regulation) Rules, 2015, the audited financial statements pertaining to the foreign contributions are given below. This is solely to comply with the requirements of the above-said Rule. This should not be copied or misused for any purpose.

Year (2023-24)

3. Legal Certifications

We are fully compliant with the legal requirements, being a Not-for-Profit Organization (NPO); the following are our main credentials:

Description Registration Number Validity Download Certificate
PARD INDIA Society Incorporation (Certificate of Registration under the Andhra Pradesh Societies Registration Act of 35/2001) Society Number 19 of 2011 (Issued by Registrar of Societies, West Godavari, Eluru, Government of Andhra Pradesh, India) From 13th January 2011 Download
FCRA 010170354 Approved on 28th October 2023, valid for 5 years until 27th October 2028 Download
80G AACAP0903G22HY02 2022-23 to 2026-27 (Date of Approval - 25th November 2022) Download
12A AACAP0903G22HY01 2022-23 to 2026-27 (Date of Approval - 25th November 2022) Download
PAN Card (Charity ID) AACAP0903G Issued on 5th April 2012 Download
MCA Registration forundertaking CSR activities CSR00011837 Issued on 22nd July 2021 Download
Darpan Unique ID (Approved by NITI Aayog, Government of INDIA) AP/2020/0252587 Registered on 24th Feb 2020 Download
By-laws / Statutes / Constitution / Articles of Association (English translated and notarized) containing - Original Memorandum and Rules and Regulations of the Society dated 13th January 2011 and subsequent Amendment No.1 dated 16th September 2015, Amendment No. 2 dated 3rd May 2019, and Amendment No. 3 dated 16th January 2021. Download
List of present Executive Committee Members as per the organization’s by-laws. Download

We alone cannot make a difference; we need your support to bring a change at the grassroots.
You become our partner with a small act of kindness to support the deprived children and their communities in rural areas.

Get 50% of Tax Exemption under 80G.