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Quinsigamond Community College Foundation Inc

Quinsigamond Community College Foundation Inc

Worcester, MA, US
501(c)(3)
EIN
04-2897624
Fund Raising & Fund Distribution
funder logo

Quinsigamond Community College Foundation Inc

Worcester, MA, US
501(c)(3)
EIN
04-2897624
Fund Raising & Fund Distribution

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,475,684

Contributions
85%
Other
9%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$505,421

Grants
75%
Fees to Service Providers
18%
Other
7%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$883,298
$1,259,362
+43%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$62,489
$85,299
+37%
Other
-$11,481
$131,023
-1241%
Total Revenues
$934,306
$1,475,684
+58%
Expenses
2023
2024
Change
Grants
$0
$378,027
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$74,058
$89,918
+21%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$2,888
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$628,410
$34,588
-94%
Total Expenses
$702,468
$505,421
-28%
Net income
2023
2024
Change
Net income
+$231,838
+$970,263
+319%
Functional Expenses
Summary
2023
2024
Change
Program
$619,611
$378,027
-39%
Admin
$82,857
$127,394
+54%
Fundraising
$0
$0
-
Total Expenses
$702,468
$505,421
-28%
Income Statement
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