Financial Report 2023
Financial transparency is of utmost importance in the TOVP income and expense reporting. All our finances are carefully monitored through a 4-tier auditing system to ensure that not a farthing is wasted, misspent or misappropriated. These are the four auditing measures we have put in place so all our donors can be confident their donations are well spent:
- CNK RK and Co are our India accounting firm: http://www.arkayandarkay.com/
- Cushman & Wakefield, our Project Management Consultancy oversees our expenses: http://www.cushmanwakefield.co.in/
- ISKCON India Bureau receives regular accounting reports
- Our U.S. accounting firm handles income through the TOVP Foundation
EXPENSES
Details | January - March | April - June | July - September | October - December | Total in INR | Total in USD |
---|---|---|---|---|---|---|
Expenses on Exterior Works | 35893181 | 18755456 | 54648637 | 666447 | ||
Material | 7,831,341 | 4,665,853 | 12,497,194 | 152,405 | ||
Labour | 2,151,711 | 2,766,018 | 4,917,729 | 59,972 | ||
Payment to Contractors & Suppliers | 25,910,129 | 11,323,585 | 37,233,714 | 454,070 | ||
Expenses on Interior Works | 88218947 | 117992527 | 206211474 | 2514774 | ||
Payment to Vendors & Suppliers | 84,233,059 | 111,125,462 | 195,358,521 | 2,382,421 | ||
Interior Consultant's Fees | 3,985,888 | 6,867,065 | 10,852,953 | 132,353 | ||
Planetarium Museum Design | 8,594,380 | 5,905,630 | 14,500,010 | 176,829 | ||
Government Fees | ||||||
Construction site Maintenance | 2761971 | 1865019 | 4626990 | 56427 | ||
Fixed Assets Purchased | 794733 | 145998 | 940731 | 11472 | ||
Administrative Costs | 8893384 | 7456557 | 9501598 | 115873 | ||
Salaries and Staff Expenses | 2,890,342 | 2,731,317 | 5,621,659 | 68,557 | ||
Consultancy and Legal Fees | 788,784 | 664,428 | 1,453,212 | 17,722 | ||
Other Adminstrative Expenses | 1,097,257 | 1,329,470 | 2,426,727 | 29,594 | ||
FR Campain Expenses | 4,117,001 | 2,731,342 | ||||
TOTAL PAYMENTS (INR) | 145156596 | 152121187 | 297277783 | |||
TOTAL PAYMENTS (USD) | 1770202 | 1855136 | 3625339 | 3625339 |
DONATIONS
Month | Indian Contribution | Foreign Contributions | Monthly Total in INR | Equivalent in USD |
---|---|---|---|---|
January-March | 71,142,841 | 70,994,339 | 142,137,180 | 1,733,380 |
April-June | 58,989,415 | 85,760,849 | 144,750,264 | 1,765,247 |
July-September | ||||
October-December | ||||
Total in INR | 130132256 | 156755188 | 286887444 | 3498627 |
Total in USD | 1586979 | 1911649 | 3498627 | 3498627 |