Logo for "DELAWARE STATE UNIVERSITY FOUNDATION INC"

DELAWARE STATE UNIVERSITY FOUNDATION INC

DELAWARE STATE UNIVERSITY FOUNDATION INC

DOVER, DE, US
501(c)(3)
EIN
20-1372435
Single Organization Support
Regional Funder
Logo for "DELAWARE STATE UNIVERSITY FOUNDATION INC"

DELAWARE STATE UNIVERSITY FOUNDATION INC

DOVER, DE, US
501(c)(3)
EIN
20-1372435
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$15,075,842

Contributions
93%
Investments
4%
Other
3%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$21,163,293

Grants
45%
Other
39%
Fees to Service Providers
8%
Depreciation
6%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$13,730,985
$14,041,315
+2%
Government Grants
$0
$0
-
Fundraising Events
$841,552
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$679,221
$550,753
-19%
Other
-$454,968
$483,774
-206%
Total Revenues
$14,796,790
$15,075,842
+2%
Expenses
2023
2024
Change
Grants
$8,399,536
$9,473,214
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,905,025
$1,686,310
-11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$396,238
$462,366
+17%
Interest
$0
$0
-
Depreciation
$475,074
$1,360,555
+186%
Other
$900,285
$8,180,848
+809%
Total Expenses
$12,076,158
$21,163,293
+75%
Net income
2023
2024
Change
Net income
+$2,720,632
-$6,087,451
-324%
Functional Expenses
Summary
2023
2024
Change
Program
$11,746,674
$13,541,070
+15%
Admin
$329,484
$7,622,223
+2213%
Fundraising
$0
$0
-
Total Expenses
$12,076,158
$21,163,293
+75%
Income Statement
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