Financial Management Service Foundation
Provides consultancy services for NGOs on financial management, legal regulations, and good governance
About
-
Headquarters
Noida, Uttar Pradesh
-
Since
1995
Contributes for a transparent and accountable work of NGO for donors, funding agencies, partners, beneficiaries, and stakeholders. Implements financia Read morel management practices for a smooth inflow of funds, and efficient use of resources, funds, or donations. Renders service by mentoring support through networking and influencing policies. Provides Training on Financial Management and internal control systems to NGOs. It is done through capacity building initiative and mutual learning platform known as NGO Accountants Network (NAN). Offers support to grass-root NGOs in areas of Disability, Disaster & Response, Health, Education, Elderly Care, Environment, Income Generation, Water, and Sanitation, etc. through online not-for-profit fundraising platform at https://www.indiadonates.org Projects done are from India, Bangladesh, Nepal, Pakistan, and Sri Lanka.
Action
FMSF provides capacity building, training, advisory services, publications and web-based resources to enhance accountability and transparency in NGOs and civil society organizations.
Cause Area
Impact
FMSF has reached out to various development actors to bring awareness and provide hands-on support through seminars, workshops, advisory services, publications and web-based outreach to enhance accountability and development effectiveness.
Vision & Mission
FMSF's vision is to promote accountability of development organizations to enhance their effectiveness. Its mission is to build capacities of development organizations in South Asia for good governance.
Programs
-
Financial Management - Trainings/Workshops on Financial Management
StateFMSF offers workshops and training courses with an emphasis on internal control and efficient financial management. Members of the FMSF Resource Team not only plan workshops and consultations, but they also assist in facilitating workshops run by other organizations.
-
Governance - Setting up of Governance Process
Additionally, FMSF helps to establish strong governance systems by evaluating current governance practices and recommending strong practices appropriate for the organization's size and scope. This comprises:
Creating a Governance Manual
Formulating a Policy Regarding Conflicts of Interest
Examining bylaws Simplifying Board Procedures
Milestones & Track Record
FMSF has developed innovative concepts like the Financial Accountability Framework, Social Accountability Standards, and Social Audit Tools to promote accountability in the development sector.
Leadership Team
-
Sanjay Patra
Trustee
-
Rosemary Viswanath
Chairman
-
Virginius Xaxa
Trustee
Demographics & Structure
-
No. of Employees
6-20
M&E
-
Internal, External Assessors
No
Policies
-
Ethics and Transparency Policies
No
-
Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
-
On Affiliation if any
No
-
On Deployment Bias if any
No
Registration Details
-
Registration ID
7567
-
VO ID / Darpan ID
DL/2017/0165275
-
FCRA
Not Available
-
CSR Registration Number
Not Available
Location
Other Details
-
Sister Organisation
India Donates
-
Type & Sub Type
Non-profit
Trust
Website
Financial Details
-
2020-21
IncomeRs.32,624,128ExpensesRs.31,741,455Admin ExpensesRs.8,336,253Program ExpensesRs.23,405,202Tip: Click on any value above to exclude it. -
2021-22
IncomeRs.53,134,296ExpensesRs.41,186,076Admin ExpensesRs.8,475,821Program ExpensesRs.32,710,255Tip: Click on any value above to exclude it. -
2022-23
IncomeRs.49,087,800ExpensesRs.47,465,600Admin ExpensesRs.8,461,599Program ExpensesRs.39,004,001Tip: Click on any value above to exclude it.