funder logo

FAYETTEVILLE STATE UNIVERSITY FOUNDATION

FAYETTEVILLE STATE UNIVERSITY FOUNDATION

FAYETTEVILLE, NC, US
501(c)(3)
EIN
23-7029901
funder logo

FAYETTEVILLE STATE UNIVERSITY FOUNDATION

FAYETTEVILLE, NC, US
501(c)(3)
EIN
23-7029901

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$4,448,064

Contributions
67%
Program Services
28%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$3,801,568

Grants
61%
Other
18%
Offices, Occupancy & IT
10%
Interest
6%
Fees to Service Providers
4%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,898,806
$2,981,364
-24%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,290,439
$1,240,673
-4%
Membership Dues
$0
$0
-
Investments
$242,874
$226,027
-7%
Other
$36,828
$0
-100%
Total Revenues
$5,468,947
$4,448,064
-19%
Expenses
2023
2024
Change
Grants
$3,832,876
$2,335,699
-39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$121,328
$166,486
+37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$366,901
$392,566
+7%
Interest
$236,120
$226,027
-4%
Depreciation
$0
$0
-
Other
$614,320
$680,790
+11%
Total Expenses
$5,171,545
$3,801,568
-26%
Net income
2023
2024
Change
Net income
+$297,402
+$646,496
+117%
Functional Expenses
Summary
2023
2024
Change
Program
$5,144,633
$3,575,541
-30%
Admin
$26,912
$226,027
+740%
Fundraising
$0
$0
-
Total Expenses
$5,171,545
$3,801,568
-26%
Income Statement
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