New York City Industrial Technology Assistance Corporation

New York City Industrial Technology Assistance Corporation

New York, NY, US
501(c)(3)
EIN
13-3410779

New York City Industrial Technology Assistance Corporation

New York, NY, US
501(c)(3)
EIN
13-3410779

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,837,583

Government Grants
67%
Program Services
27%
Other
3%
Investments
3%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,963,466

Salaries & Benefits
60%
Fees to Service Providers
28%
Offices, Occupancy & IT
6%
Grants
4%
Other
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$1,320,987
$1,222,495
-7%
Fundraising Events
$0
$0
-
Program Services
$978,516
$500,209
-49%
Membership Dues
$0
$0
-
Investments
$17,302
$51,628
+198%
Other
$30
$63,251
+210737%
Total Revenues
$2,316,835
$1,837,583
-21%
Expenses
2023
2024
Change
Grants
$0
$78,032
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,469,660
$1,173,976
-20%
Fees to Service Providers
$875,745
$547,679
-37%
Advertising & Promotion
$14,075
$18,844
+34%
Offices, Occupancy & IT
$89,377
$110,350
+23%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$188,381
$34,585
-82%
Total Expenses
$2,637,238
$1,963,466
-26%
Net income
2023
2024
Change
Net income
-$320,403
-$125,883
+61%
Functional Expenses
Summary
2023
2024
Change
Program
$2,322,755
$1,670,268
-28%
Admin
$314,483
$293,198
-7%
Fundraising
$0
$0
-
Total Expenses
$2,637,238
$1,963,466
-26%
Income Statement
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