Status on Financial health
Financial support for functioning of SNASS (towards long term sustenance) is being managed in the following manner:
- Annual /Monthly Voluntary contribution by members for general annual maintenance of temple which includes Nithyapadi pooja, functions and other maintenance expenses.
- Voluntary Contributions made by members during specific occasions such as Samashti rudhrabhishekam , Kala Arumbu, Navarathri Festival etc based on our notifications
- Interest accrued out of corpus fund for which some members have contributed based on our appeal for sustained operation.
- Adhoc voluntary contribution by members for special functions and occasions, Hundi collections
Contribution being voluntary in nature, number of devotees supporting by way of contribution is only approx 25 to 30% of the members strength and also the value of contribution is varying in nature year after year.
A very Transparent financial system is being followed for managing receipts, expenditure and accounting which is being audited by independent auditor and annual report submitted to Govt authorities as per statutory requirements.
Expenditures are met through the income generated from the contribution, interest accrued from corpus fund and deposits on hand.
However, of late, with the increase in the cost of operations, materials, increase in the salary and with a declining trend in voluntary contributions, managing expenditure ( average increase of 10 to 15% ) is becoming a challenge which needs to be addressed with the support of , you, the devotees.
This has become crucial for long term sustenance of SNASS.
Financial statements and Annual reports
Twelfth Annual Report and Financial statements – Year Ending 31-March-2024
Eleventh Annual Report and Financial statements – Year Ending 31-March-2023
Tenth Annual Report and Financial statements – Year Ending 31-March-2022
Ninenth Annual Report and Financial statements – Year Ending 31-March-2021
Eighth Annual Report and Financial statements – Year Ending 31-March-2020
Seventh Annual Report and Financial statements – Year Ending 31-March-2019
Sixth Annual Report and Financial statements – Year Ending 31-March-2018
Fifth Annual Report and Financial statements – Year Ending 31-March-2017
Fourth Annual Report and Financial statements – Year Ending 31-March-2016
Third Annual Report and Financial statements – Year Ending 31-March-2015