THE ASME FOUNDATION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$6,198,250
Other
55%
Contributions
25%
Investments
17%
Fundraising Events
2%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$4,451,276
Grants
50%
Salaries & Benefits
44%
Other
4%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,314,744
$1,552,967
-33%
Government Grants
$0
$0
-
Fundraising Events
$54,050
$130,947
+142%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$966,303
$1,083,666
+12%
Other
$1,345,675
$3,430,670
+155%
Total Revenues
$4,680,772
$6,198,250
+32%
Expenses
2023
2024
Change
Grants
$2,295,326
$2,242,437
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,331,291
$1,941,976
+46%
Fees to Service Providers
$73,420
$85,882
+17%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$18,290
$11,091
-39%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$163,982
$169,890
+4%
Total Expenses
$3,882,309
$4,451,276
+15%
Net income
2023
2024
Change
Net income
+$798,463
+$1,746,974
+119%
Functional Expenses
Summary
2023
2024
Change
Program
$3,771,802
$4,336,481
+15%
Admin
$110,507
$114,795
+4%
Fundraising
$0
$0
-
Total Expenses
$3,882,309
$4,451,276
+15%
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