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VAN ANDEL INSTITUTE GRADUATE SCHOOL

VAN ANDEL INSTITUTE GRADUATE SCHOOL

Grand Rapids, MI, US
501(c)3
EIN
20-3340886
School
funder logo

VAN ANDEL INSTITUTE GRADUATE SCHOOL

Grand Rapids, MI, US
501(c)3
EIN
20-3340886
School

Income Statement

Fiscal Year Start:
Dec 1
Revenues in 2024

$1,437,471

Program Services
95%
Other
4%
Contributions
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$6,284,995

Grants
40%
Other
32%
Salaries & Benefits
23%
Offices, Occupancy & IT
3%
Depreciation
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$139,542
$14,878
-89%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,275,313
$1,362,643
+7%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$1,072,788
$59,950
-94%
Total Revenues
$2,487,643
$1,437,471
-42%
Expenses
2023
2024
Change
Grants
$1,929,914
$2,494,507
+29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,225,824
$1,448,818
+18%
Fees to Service Providers
$66,245
$51,647
-22%
Advertising & Promotion
$31,896
$30,749
-4%
Offices, Occupancy & IT
$168,498
$188,505
+12%
Interest
$662
$554
-16%
Depreciation
$90,633
$80,745
-11%
Other
$1,773,611
$1,989,470
+12%
Total Expenses
$5,287,283
$6,284,995
+19%
Net income
2023
2024
Change
Net income
-$2,799,640
-$4,847,524
-73%
Functional Expenses
Summary
2023
2024
Change
Program
$4,735,078
$5,198,495
+10%
Admin
$549,614
$1,083,860
+97%
Fundraising
$2,591
$2,640
+2%
Total Expenses
$5,287,283
$6,284,995
+19%
Income Statement
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