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The University of North Carolina at Asheville Foundation Inc

The University of North Carolina at Asheville Foundation Inc

Asheville, NC, US
501(c)3
EIN
23-7073829
funder logo

The University of North Carolina at Asheville Foundation Inc

Asheville, NC, US
501(c)3
EIN
23-7073829

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$7,317,286

Contributions
47%
Other
42%
Government Grants
7%
Investments
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$11,404,377

Grants
72%
Other
13%
Fees to Service Providers
12%
Interest
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$7,172,189
$3,403,070
-53%
Government Grants
$0
$500,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$217,840
$362,560
+66%
Other
$2,121,228
$3,051,656
+44%
Total Revenues
$9,511,257
$7,317,286
-23%
Expenses
2023
2024
Change
Grants
$4,313,428
$8,237,463
+91%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,343,231
$1,315,073
-2%
Advertising & Promotion
$152,745
$72,301
-53%
Offices, Occupancy & IT
$0
$0
-
Interest
$171,333
$190,626
+11%
Depreciation
$66,668
$95,577
+43%
Other
$1,151,203
$1,493,337
+30%
Total Expenses
$7,198,608
$11,404,377
+58%
Net income
2023
2024
Change
Net income
+$2,312,649
-$4,087,091
-277%
Functional Expenses
Summary
2023
2024
Change
Program
$6,549,454
$10,753,330
+64%
Admin
$228,508
$240,840
+5%
Fundraising
$420,646
$410,207
-2%
Total Expenses
$7,198,608
$11,404,377
+58%
Income Statement
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