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Impact & transparency

What we will report, and when

Scapex was incorporated in 2025. This page exists to state the reporting commitment before there are results to report — so the standard is fixed in advance rather than written to fit whatever the numbers turn out to be.

85%Minimum share of expenditure on direct programme deliveryBoard-approved floor
15%Combined cap on administration and fundraisingBoard-approved ceiling
3Measurement points per cohort: baseline, midline, endlineMethod
90Days after financial year end to publish audited accountsCommitment

Method

How a claim becomes a number

Every cohort is assessed before the programme starts, halfway through, and at the end, using the same instrument each time. Learning is measured with an ASER-style oral reading and arithmetic assessment; livelihoods with a verified-employment check at 90 and 180 days; enterprise with a household income survey against a matched comparison group.

Where we cannot construct a comparison group, we say the figure is a pre-post change and not an attributable impact. That distinction matters and it is the one most commonly collapsed in sector reporting.

Published annually

Audited financial statements

Full statutory accounts with auditor's report, filed with the RoC and posted here within 90 days of year end.

Programme results report

Cohort sizes, retention, indicator movement and cost per outcome — including cohorts where the indicator did not move.

CSR utilisation certificates

Issued quarterly to every corporate partner, with the annual certificate signed by the statutory auditor.

Board & governance note

Directors, meeting attendance, related-party disclosures and remuneration of the two highest-paid staff.

Reporting calendar

First full reporting cycle

Q3 FY26

Baseline published

Sample design, instrument and block-level baseline figures for Classes 3–5 reading and arithmetic.

Q1 FY27

Midline and first cost-per-outcome estimate

Half-year indicator movement with unit economics per learning centre.

Q2 FY27

Audited accounts for FY 2025–26

Statutory accounts plus the programme-spend ratio against the 85% floor.

Q3 FY27

First annual impact report

Endline for the founding cohort, retention, and a written account of what did not work.

No impact results have been published yet. Scapex Foundation has been operating since 2025 and the first endline is scheduled for Q3 FY27. Figures shown elsewhere on this site as "targets" are plan commitments approved by the board, and are labelled as such throughout.