1 April 2025 – 31 March 2026

The year, written down the way we would want to read it

Everything below is from the audited accounts signed by Sundaram & Bhaskar, Chartered Accountants, Chennai, on 12 June 2026. Two of these numbers are worse than last year. They are on this page in the same size as the good ones.

Children enrolled
3,118
Cost per child
₹18,400
Centres
14
Teachers
61
Attendance
91.2%
Admin share
5.4%

By class

The columns get shorter as the classes get older. Everything Bright Futures does is an argument with that shape.

I512
9 left here
II468
12 left here
III441
16 left here
IV405
21 left here
V372
28 left here
VI341
41 left here
VII306
63 left here
VIII273
104 left here

104 children stopped coming during class VIII — more than the whole of classes I to V put together. 71 of those 104 are girls. From June we run an evening bridge class for class IX and X at four centres; last year we ran none, and that was our mistake, not theirs.

By the year they joined

Eighteen intakes. 2020 is the year the centres were shut for seven months.

62
’09
88
’10
104
’11
121
’12
149
’13
163
’14
178
’15
194
’16
206
’17
221
’18
238
’19
96
’20
142
’21
261
’22
288
’23
301
’24
319
’25
281
’26
96

children joined in 2020, against 238 the year before. We reached 640 more by phone and printed worksheets, and we do not count those as enrolled.

281

joined in 2025–26, our largest intake after the Eriyur and Vikravandi centres reached full strength.

294

of all 3,412 have stopped coming since 2009. We keep them drawn, because rounding them away would be the easiest lie in this report.

Income and expenditure

What came in

₹5,40,50,000
Monthly givers2,914 people, median gift ₹1,000₹1,74,84,000
One-time gifts4,806 gifts, 1,102 of them in December₹53,56,000
CSR — Anaimalai TextilesThird year of a five-year commitment₹1,20,00,000
CSR — Vasan Motors, Kaveri Cements₹1,44,00,000
Mid-day meal reimbursementGovernment of Tamil Nadu₹41,20,000
Interest on reserves₹6,90,000
Drawn from reservesThe gap between what we raised and what we spent₹33,21,200

What went out

₹5,73,71,200
Teacher salaries61 teachers, ₹43,967 a month on average₹3,21,84,000
Meals and nutrition₹2,521 a child a year₹78,60,000
Books, uniforms, bags₹52,40,000
Centre rent, repairs, power₹44,10,000
Vans and transportFour vans, 11 routes₹26,70,000
Teacher training₹18,90,000
Administration and audit5.4% of everything we spent₹31,17,200
Both columns balance at₹5,73,71,200

They balance only because of the last line on the left. ₹33,21,200 came out of reserves, and reserve cover fell from 7.2 months of running costs to 4.1. The board has agreed that no centre closes; the plan is 1,400 more monthly givers by March 2027.

Where ₹18,400 goes

Total expenditure divided by the 3,118 children enrolled on 31 March 2026. This is the number we quote to donors and the number we are audited against.

Teaching₹10,322
Meals₹2,521
Books, uniform, bag₹1,682
Room, repairs, power₹1,414
Van and transport₹856
Teacher training₹606
Administration and audit₹999
One child, one year₹18,400

What did not work

Four things went wrong this year. Three cost children, one cost money. We would rather you read them from us.

16:05Chetpet. The class VII room on a Friday. Nineteen boys from this centre left for quarry work between August and December.
  1. 61against 44 last year

    More children stopped coming

    A granite quarry reopened near Chetpet in August and pays boys of thirteen ₹450 a day. Nineteen of the sixty-one are from that one centre. We have started paying a ₹600 monthly attendance stipend there and will report whether it worked.

  2. 76%against 82% last year

    Fewer girls continued past class VIII

    Our centres stop at class VIII and the nearest girls' higher secondary school is eleven kilometres from Thandarampattu. We ran no bridge class for IX and X. That was a decision we made, and it was the wrong one.

  3. 4.1against 7.2 months of cover last year

    Reserves fell by three months of cover

    We opened Eriyur on a two-year grant and kept it running when the grant ended, out of reserves. We stand by the centre and not by the way we funded it.

  4. ₹4,80,000spent before we stopped it in November

    The reading tablets did nothing

    We piloted a tablet reading app in three centres for five months. Reading scores moved no differently from the centres without it. We stopped it and put the money into two more teaching assistants.

And what did

91.2%

average attendance across 14 centres, up from 89.7%. Chetpet is the only centre below 85%.

68%

of class V children now read at class level, up from 61%. The measure is the ASER oral reading task, run in February by teachers from a different centre.

14

children from our class VIII batch entered class XI at government higher secondary schools this June, and six went to polytechnic at Tindivanam.

Who checked this

The 2025–26 accounts were audited by Sundaram & Bhaskar, Chartered Accountants, 14 Dr Radhakrishnan Salai, Mylapore, Chennai 600004, and signed by S. Bhaskar FCA on 12 June 2026 with no qualification. Enrolment and attendance registers for all 14 centres were sampled by the auditors at four centres in April.

Reg. no. 218/2009, Kanchipuram. Registered under 12A. 80G exemption AAATB4471KF20214, valid to 31 March 2029.

17:55Uthiramerur. Vasanthi Ramalingam closing the office. The registers behind her go back to June 2009 and are still written by hand.
₹1,500 a month
One child’s year, near enough
Give ₹1,500 a month