funder logo

THE FUND FOR THEOLOGICAL EDUCATION INC

THE FUND FOR THEOLOGICAL EDUCATION INC

Atlanta, GA, US
501(c)3
EIN
21-0725643
Regional Funder
funder logo

THE FUND FOR THEOLOGICAL EDUCATION INC

Atlanta, GA, US
501(c)3
EIN
21-0725643
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,347,006

Contributions
78%
Investments
14%
Other
7%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$5,526,947

Grants
35%
Salaries & Benefits
26%
Other
23%
Fees to Service Providers
8%
Advertising & Promotion
5%
Offices, Occupancy & IT
4%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,746,736
$6,522,900
+37%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$28,563
-
Membership Dues
$0
$0
-
Investments
$1,005,403
$1,191,742
+19%
Other
$0
$603,801
-
Total Revenues
$5,752,139
$8,347,006
+45%
Expenses
2023
2024
Change
Grants
$1,085,557
$1,908,710
+76%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,583,624
$1,436,898
-44%
Fees to Service Providers
$506,038
$422,542
-16%
Advertising & Promotion
$0
$252,616
-
Offices, Occupancy & IT
$368,780
$246,281
-33%
Interest
$0
$0
-
Depreciation
$0
$1,867
-
Other
$1,028,733
$1,258,033
+22%
Total Expenses
$5,572,732
$5,526,947
-1%
Net income
2023
2024
Change
Net income
+$179,407
+$2,820,059
+1472%
Functional Expenses
Summary
2023
2024
Change
Program
$4,462,073
$4,995,158
+12%
Admin
$1,057,711
$491,380
-54%
Fundraising
$52,948
$40,409
-24%
Total Expenses
$5,572,732
$5,526,947
-1%
Income Statement
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