Information Technology and Innovation Foundation

Information Technology and Innovation Foundation

Washington, DC, US
501(c)3
EIN
20-4403497

Information Technology and Innovation Foundation

Washington, DC, US
501(c)3
EIN
20-4403497

Income Statement

Fiscal Year Start:
Mar 1
Revenues in 2025

$5,804,772

Contributions
90%
Investments
6%
Other
2%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$6,925,232

Salaries & Benefits
69%
Fees to Service Providers
14%
Other
9%
Offices, Occupancy & IT
8%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$6,351,275
$5,250,562
-17%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$49,389
$93,810
+90%
Membership Dues
$0
$0
-
Investments
$244,555
$334,339
+37%
Other
$634
$126,061
+19783%
Total Revenues
$6,645,853
$5,804,772
-13%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,830,560
$4,779,573
-1%
Fees to Service Providers
$574,939
$935,070
+63%
Advertising & Promotion
$6,862
$1,153
-83%
Offices, Occupancy & IT
$610,281
$549,111
-10%
Interest
$0
$0
-
Depreciation
$26,170
$49,977
+91%
Other
$709,880
$610,348
-14%
Total Expenses
$6,758,692
$6,925,232
+2%
Net income
2024
2025
Change
Net income
-$112,839
-$1,120,460
-893%
Functional Expenses
Summary
2024
2025
Change
Program
$4,474,367
$5,347,411
+20%
Admin
$2,148,631
$1,180,812
-45%
Fundraising
$135,694
$397,009
+193%
Total Expenses
$6,758,692
$6,925,232
+2%
Income Statement
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