Annual audited FCRA accounts
Rule 13 (a): Earlier NGOs receiving more than Rs 1 crore were required to put up a summary of receipts & payments on their website, however the amended rule requires that all NGOs to display audited FCRA accounts including Balance Sheet, Income & Expenditure & Receipts & Payments account for a financial year within 9 months of the year-end. Considering 9 month period ended on 31st December and the rules have been amended effective 14th Dec 2015, there is a school of thought which states that NGOs should display their FCRA accounts on their website by 31st December 2015.
Quarterly donor receipts
Rule 13 (b): All NGOs receiving Foreign Contribution are required to disclose on quarterly basis following information:
- Donor-wise details of FC amounts received in its Designated account as well as the date of receipt.
The above information is to be disclosed within 15 days of the quarter-end. Considering these rules were notified on 14th Dec 2015, this information is will become due for 31st December quarter and should be on the website by 15th January 2016.
In view of the above amendments, we urge all NGOs receiving FC to display the above information on their official websites, at the earliest. Please do note the above amendments are applicable to all NGOs registered under FCRA or having prior permission, irrespective of the amount received.
Credit for the above information being brought to our notice goes to Account Aid Team.
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Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Is there any guideline what all details should be provided online on the website about the donor? This information available publically can be misused or is a question of privacy for the donors.
Any discussion with the dept regarding this?
Last part of the Rule 13 (b) which requires these details states ‘….clearly indicating the details of donors, amount and date of receipt.’ In my view word ‘details of the donor’ would generally cover details such as ‘name & address’ which are anyway very generic information and generally should not pose a problem.
Dear Dialogue Members ,
Greetings!!!
In response to a query raised by Sr. Seena, where should NGOs publish quarterly information who do not have their own website.
We have received a clarification from the FCRA Department stating that they are finalizing the link where this data may be displayed and would be intimated in due course.
As an when this information is provided by FCRA Department, we will share the same with you.
We also thank to FCRA Department for providing this information.
Thanks & Regards
Ramanuj Maurya
Coordinator
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Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
e-mail: socio-research@sma.net.in; website: http://www.srr-foundation.org
I also contacted the FCRA dept on this question and Mr. A.K.Dhyani, Under Secy (FCRA) has replied “We are in the process of developing a link for submission of quarterly return on fcra website. Please wait for some time.” So, those who do not have their own website may wait for some more time to fill the required details.
We have no Web Site. So How can disclose quarterly details? which site? please mention name of site.
Quarterly return will be only on foreign fund receipt, mentioning date of receipt, amount and details of donor. This should be displayed once a quarter in your organisation’s website. The annual return of audited accounts should be filed with the FCRA dept and also it should be published in your website. For the quarterly report, the reporting time is within 15 days after the end of the quarter. For the annual return, it is 9 months time after the financial year end.
Hello Subhash ji
Thank you for taking time and helping all of us. I am writing as a part of a buddhist educational organizaiton. I was informed by another NGO yesterday that as of April this year all NGOS with FCRA will need to put their accounts online on their website and file returns every quarter as opposed to annually. Changes will also not be allowed to be made once filed
Is this valid, and is there a document indicating the same?
Hello Dee Shekhar,
Thanks for your appreciation, but really this is a self-sustaining forum which survives in a large measure on account of comments received by SRRF Dialogue members. Idea behind this dialogue is to help Non-profit sector organisations in sharing latest news on legal compliance by NGOs and for clarifying their doubts. It will continue as long as you all find it useful.
Regarding your question, I think answer is given in the main post ‘Mandatory Disclosure on Website’. Two informations are to be shared on NGOs’ own websites. One, details of FCRA funds rec’d on quarterly basis and, second, annual FCRA audited accounts. Since these rules were notified on 14th Dec 2015, they became effective from that date. Strictly speaking you should display these informations within 15 days of quarter end, i.e. by 15th January 2016 for quarter ended Dec and so on. In case of accounts also you should have displayed annual FCRA accounts of 2015 by 31st Dec 2015.
These dates have been mentioned in the Rules, however since information is to be given on an NGO’s own website, it will practically be quite difficult for the Dept to monitor if the timelines have been met. Still we should try to comply at the earliest if not already done.
Hope this clarifies, your doubts.
Thank you for this important information
Sr. Clara
Jeevodaya Society
Nehruganj
Itarsi. M.P.461111
India