ThinkCap Advisors

Our FCRA consultants worked with our client, a leading NGO in India on multiple facets of FCRA compliance & advisory including FCRA Transaction Guidance, Expenditure Classification, FCRA Condonation Advisory & FCRA Documentation. We meticulously reviewed & classified each expenditure item to distinguish between project expenditure and administrative expenditure. This segregation was crucial to ensure transparency and accountability in fund utilization, while complying with the FCRA guidelines. As an FCRA compliance services & FCRA advisory services firm, our team has extensive experience in handling  a  gamut of issues arising under FCRA. Our clientele includes both foreign and domestic non-profits operating in different thematic areas.    

  Company Background Our client is a Not-for-Profit Organization working in the field of WASH (Water, Sanitation & Hygiene) with an aim of providing clean water, toilets and promoting hygiene practices. Being one of the early pioneers in the sector, the NGO has impacted close to half a million people. Work Area FCRA Advisory Transaction Guidance Our consultants conducted a thorough assessment of the client’s financial and operational structure. The primary objective was to ensure that all present and new activities adhered to FCRA regulations. During this process, we provided transactional guidance, highlighting key aspects of FCRA compliance to ensure that the NGO's financial transactions aligned with the regulatory requirements. Expenditure Classification Advisory A critical component of the advisory was the examination of the NGO's expenditure. Our FCRA consultants meticulously reviewed and classified each expenditure item to distinguish between project expenditure and a...