Logo for "AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC"

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC

NEW YORK, NY, US
501(c)(3)
EIN
13-0434195
DAF Sponsor
Logo for "AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC"

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC

NEW YORK, NY, US
501(c)(3)
EIN
13-0434195
DAF Sponsor

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$115,805,997

Contributions
85%
Investments
13%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$81,881,326

Grants
72%
Salaries & Benefits
16%
Other
3%
Fees to Service Providers
3%
Advertising & Promotion
2%
Offices, Occupancy & IT
2%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$60,038,269
$98,097,580
+63%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$9,629,071
$15,063,442
+56%
Other
$16,731,888
$2,644,975
-84%
Total Revenues
$86,399,228
$115,805,997
+34%
Expenses
2023
2024
Change
Grants
$68,693,234
$58,828,783
-14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,579,915
$13,380,588
+6%
Fees to Service Providers
$2,190,107
$2,496,588
+14%
Advertising & Promotion
$787,454
$2,033,506
+158%
Offices, Occupancy & IT
$1,485,629
$1,573,496
+6%
Interest
$516,992
$535,311
+4%
Depreciation
$397,122
$378,067
-5%
Other
$5,364,861
$2,654,987
-51%
Total Expenses
$92,015,314
$81,881,326
-11%
Net income
2023
2024
Change
Net income
-$5,616,086
+$33,924,671
-704%
Functional Expenses
Summary
2023
2024
Change
Program
$71,584,242
$60,867,576
-15%
Admin
$9,021,656
$6,802,340
-25%
Fundraising
$11,409,416
$14,211,410
+25%
Total Expenses
$92,015,314
$81,881,326
-11%
Income Statement
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