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ASSOCIATION OF THE GRADUATES OF THE UNITED STATES MILITARY ACADEMY

ASSOCIATION OF THE GRADUATES OF THE UNITED STATES MILITARY ACADEMY

West Point, NY, US
501(c)3
EIN
14-1260763
Regional Funder
Logo for "ASSOCIATION OF THE GRADUATES OF THE UNITED STATES MILITARY ACADEMY"

ASSOCIATION OF THE GRADUATES OF THE UNITED STATES MILITARY ACADEMY

West Point, NY, US
501(c)3
EIN
14-1260763
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$124,882,349

Contributions
67%
Other
22%
Investments
10%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$209,866,373

Grants
88%
Salaries & Benefits
8%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$83,347,747
$83,780,134
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,620,979
$1,925,496
+19%
Membership Dues
$0
$0
-
Investments
$8,974,840
$12,021,271
+34%
Other
-$4,462,462
$27,155,448
-709%
Total Revenues
$89,481,104
$124,882,349
+40%
Expenses
2023
2024
Change
Grants
$30,123,290
$185,067,928
+514%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,658,611
$16,333,794
+11%
Fees to Service Providers
$1,483,618
$1,412,967
-5%
Advertising & Promotion
$39,074
$75,781
+94%
Offices, Occupancy & IT
$3,839,874
$3,441,451
-10%
Interest
$0
$0
-
Depreciation
$608,645
$591,550
-3%
Other
$2,403,701
$2,942,902
+22%
Total Expenses
$53,156,813
$209,866,373
+295%
Net income
2023
2024
Change
Net income
+$36,324,291
-$84,984,024
-334%
Functional Expenses
Summary
2023
2024
Change
Program
$36,943,690
$192,864,722
+422%
Admin
$6,102,193
$6,182,514
+1%
Fundraising
$10,110,930
$10,819,137
+7%
Total Expenses
$53,156,813
$209,866,373
+295%
Income Statement
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