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Format of Annual disclosure by NPOs on SSE which have either raised funds through SSE or are registered with SSE

REQUIREMENT:

To file the Annual Disclosure by every NPO every year which is either registered or raised funds through social stock exchange within 60 days of end of the financial year i.e. May 30, 2024

GENERAL ASPECTS:

  1. Name: Legal and popular name of the organization.
  2. Location: Headquarters and operational locations. In case the locations are different, it needs to be specified. Location of operations shall cover the name of the locations where the organization has significant operation.
  3. Vision/Mission/Purpose: Organization's vision, mission, and purpose.
  4. Goals/Activities: Organizational goals, activities, products, and services. The reporting organization shall mention overall objectives of the organization or activity/intervention/programs, or project listed. It shall also describe the organization’s activities, including any products and services which the organization provides.
  5. Outreach: Type and number of direct, indirect, and institutional beneficiaries/stakeholders reached.
  6. Scale of Operations (last three years):
    • Donations received bifurcated into Govt. Support, FCRA, CSR, and other receipts.
    • Expenditure made.
    • Number of beneficiaries.
    • Number of employees.
    • Number of volunteers.
    • Nature and scale of activities performed by volunteers.
    • Scale of operations either at a national level or at a state or district level as may be useful for stakeholders.

7) Top Donors: Details of the top 5 donors or investors (budget-wise).

Name of Program Geography Total Program Cost Expenditure in Current Year Cumulative Expenditure Total Beneficiaries SDG Goal/Target
- - - - - - -

8) Top Programs: List of the top 5 interventions/programs (budget-wise).

SDG Goal/Target Geography Total Program Cost Expenditure in Current Year Cumulative Expenditure Total Beneficiaries Alignment with national/state schemes or priority
- - - - - - -

Governance Aspects:

  1. Ownership/Legal Form: Ownership and legal structure.
  2. Governance Structure:
    • Name of the Executive/ Governing Committee which takes all decisions along with the name of members.
    • Name of sub-committees along with its charter and its members.
    • Policies and Procedures adopted by the Executive Committee such as Code of Conduct & Ethic Policy, Vigil Mechanism, Grievance Redressal Policy, etc.
  3. Details of Executive Committee:
    • Name of the members and their roles in the organization.
    • Brief profile of the members.
  4. Executives: The disclosure will highlight the key executive positions and their role in the organization.
  5. Meetings:
    • Number of meetings by Executive Committee (incl. sub-committees if any) and attendance.
    • Performance Review members.
    • Major decisions taken.
  6. Risks and Mitigation:
    • Organization-level potential risks and mitigation plans.
    • Proposed solution/activity/intervention/programs or project.
  7. Related Party Transactions:
    • Reporting of related party transactions.
    • Reason/necessity of the above transactions.
  8. Ethics and Concerns:
    • Mechanisms for Input: Internal and external avenues for receiving insights on ethical conduct and organizational integrity.
    • Assigned Responsibility: Clearly identified individuals within the organization responsible for overseeing this mechanism.
    • Concerns Disclosure: Any concerns, especially regarding conflicts of interest, raised through these channels are disclosed.
    • Actions Taken: Transparent disclosure of the actions taken by the organization in response to the raised concerns.
  9. Remuneration Policy of Executive Committee members and other key executives to strike a balance between competitive compensation, organizational performance, and ethical considerations, reflecting the values and objectives of the NGO. The Policy shall include:
    • Fixed Pay and Variable Pay,
    • Performance linked incentives,
    • Termination payments,
    • Claw-backs payment,
    • Regular Review,
    • Alignment with NGO values.
  10. Grievance Redressal:
    • Adopt a process/platform where any stakeholder can raise or file his/ her grievance,
    • Number of grievances received, resolved and pending.
  11. Compliance Management:
    • Disclosure how the Organization monitor its compliances in respect of legal and regulatory requirement,
    • A Statement shall be made by the CEO/ Chief Compliance Officer regarding compliance of all applicable laws.
  12. Certificates: List of registrations and other certificates (12A, 80G, FCRA, GST, etc.).

Financial Aspects:

  1. Financial Statements:
    • a) Balance Sheet
    • b) Income statement
    • c) Cash Statement
    • d) Program wise fund utilization certificate
    • e) Percentage of organizational budget this ‘issue’ represents
    • f) Breakup of organizational budget and expenditure
    • g) Split of the budget across partners of the project/initiative is being jointly executed
  2. Auditors Report: Auditors' Report and details.