The FCRA consultants at ThinkCap Advisors worked with the client, a leading NGO in India, on multiple facets of FCRA compliance & advisory including FCRA Transaction Guidance, Expenditure Classification, FCRA Condonation Advisory, & FCRA documentation. They meticulously reviewed and 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. About ThinkCap Advisors: ThinkCap Advisors (www.thinkcapadvisors.com) is a consulting firm that uses industry expertise and domain knowledge to help organizations and their teams solve problems and achieve business impacting results. Our team members, comprising of professionals with extensive experience in Big 4 firms and large multinationals, are subject matter experts and their advice is backed by in-depth research, years of experience and deep understanding of the prevailing market scenarios. 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. Work Areas: - Tax & Regulatory - Social Sector - Consulting - Technology Solutions

1. Strengthening NGO Compliance:
FCRA Compliance & Advisory Services
to a Leading Non-Governmental
Organization in India
Case Study
+91 8506860903
contact@thinkcapadvisors.com
www.thinkcapadvisors.com

2. About the
Project
Leading Non-Governmental Organization in India
We assisted the client in aligning with FCRA regulations by providing
transactional guidance, meticulously classifying expenditures, and aiding in
FCRA condonation for past non-compliance. Emphasis was placed on
transparency in fund utilization, proper documentation of foreign
contributions, and maintaining detailed records for regulatory review.
Ensured compliance with FCRA guidelines
Rectification of past errors resulting in renewal of FCRA registration
Educating staff on FCRA leading to successful completion of FCRA audit
NGO/Social Sector
FCRA Advisory Transaction Guidance
Expenditure Classification Advisory
FCRA Condonation
Documentation & Reporting
CUSTOMER
OPPORTUNITY
RESULTS
INDUSTRY
SOLUTIONS

3. 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.
Company Background

4. Work Area
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.
FCRA Advisory Transaction
Guidance
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
administrative expenditure. This segregation
was crucial to ensure transparency and
accountability in fund utilization, while
complying with the FCRA guidelines.
Expenditure Classification Advisory

5. Work Area
Another area where we provided assistance
was on drafting and filing FCRA condonation.
This involved a comprehensive review of past
non-compliance instances & working closely
with the NGO to rectify errors, and presenting a
strong case for condonation to the regulatory
authorities.
FCRA Condonation
Donation and Receipts: Ensuring that all foreign
contributions were properly documented,
received through authorized channels, and
utilized for the intended purposes.
Documentation and Reporting: Emphasizing
the importance of maintaining detailed
records and reviewing returns filed with FCRA
authorities.
Other Key Aspects of Regulations
Addressed

6. Impact
Ensured compliance with FCRA
guidelines
Rectification of past errors
resulting in renewal of FCRA
registration
Educating staff on FCRA leading
to successful completion of FCRA
audit

7. About ThinkCap Advisors
ThinkCap Advisors (www.thinkcapadvisors.com) is a consulting firm that uses industry
expertise and domain knowledge to help organizations and their teams solve problems
and achieve business impacting results. Our team members, comprising of professionals
with extensive experience in Big 4 firms and large multinationals, are subject matter
experts and their advice is backed by in-depth research, years of experience and deep
understanding of the prevailing market scenarios.
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.
Work Areas:
- Tax & Regulatory
- Social Sector
- Consulting
- Technology Solutions

8. Thank You
+91 8506860903
contact@thinkcapadvisors.com
www.thinkcapadvisors.com