IVY TECH FOUNDATION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$40,262,352
Contributions
83%
Investments
11%
Other
5%
Fundraising Events
2%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$30,571,324
Other
71%
Grants
22%
Fees to Service Providers
5%
Advertising & Promotion
2%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2024
2025
Change
Contributions
$17,062,652
$33,333,559
+95%
Government Grants
$0
$0
-
Fundraising Events
$823,407
$710,717
-14%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,063,771
$4,312,095
+6%
Other
$1,082,380
$1,905,981
+76%
Total Revenues
$23,032,210
$40,262,352
+75%
Expenses
2024
2025
Change
Grants
$5,037,944
$6,588,558
+31%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$987,071
$1,538,742
+56%
Advertising & Promotion
$329,720
$577,341
+75%
Offices, Occupancy & IT
$328,251
$64,015
-80%
Interest
$205,650
$15,429
-92%
Depreciation
$217,523
$217,522
0%
Other
$20,078,364
$21,569,717
+7%
Total Expenses
$27,184,523
$30,571,324
+12%
Net income
2024
2025
Change
Net income
-$4,152,313
+$9,691,028
-333%
Functional Expenses
Summary
2024
2025
Change
Program
$23,875,845
$26,951,193
+13%
Admin
$2,916,872
$2,601,804
-11%
Fundraising
$391,806
$1,018,327
+160%
Total Expenses
$27,184,523
$30,571,324
+12%
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