Logo for "US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC"

US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC

US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC

New London, CT, US
501(c)3
EIN
06-1354978
Regional Funder
Logo for "US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC"

US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC

New London, CT, US
501(c)3
EIN
06-1354978
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$7,160,201

Contributions
75%
Investments
13%
Membership Dues
8%
Other
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Expenses in 2024

$6,032,770

Grants
44%
Salaries & Benefits
28%
Other
16%
Offices, Occupancy & IT
7%
Depreciation
2%
Fees to Service Providers
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$6,430,984
$5,337,789
-17%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$580,356
$608,526
+5%
Investments
$682,625
$903,522
+32%
Other
$185,985
$310,364
+67%
Total Revenues
$7,879,950
$7,160,201
-9%
Expenses
2023
2024
Change
Grants
$5,954,040
$2,643,249
-56%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,616,150
$1,707,858
+6%
Fees to Service Providers
$62,722
$93,315
+49%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$376,412
$439,010
+17%
Interest
$161,804
$31,388
-81%
Depreciation
$138,589
$143,600
+4%
Other
$1,175,493
$974,350
-17%
Total Expenses
$9,485,210
$6,032,770
-36%
Net income
2023
2024
Change
Net income
-$1,605,260
+$1,127,431
-170%
Functional Expenses
Summary
2023
2024
Change
Program
$7,747,476
$4,241,972
-45%
Admin
$716,002
$640,394
-11%
Fundraising
$1,021,732
$1,150,404
+13%
Total Expenses
$9,485,210
$6,032,770
-36%
Income Statement
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