INSULATION INDUSTRY'S INTERNATIONAL APPRENTICE & TRAINING FUND

INSULATION INDUSTRY'S INTERNATIONAL APPRENTICE & TRAINING FUND

Lanham, MD, US
501(c)3
EIN
23-7116144

INSULATION INDUSTRY'S INTERNATIONAL APPRENTICE & TRAINING FUND

Lanham, MD, US
501(c)3
EIN
23-7116144

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,131,404

Program Services
71%
Contributions
10%
Government Grants
9%
Investments
7%
Other
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$3,514,133

Other
65%
Salaries & Benefits
21%
Offices, Occupancy & IT
9%
Fees to Service Providers
4%
Depreciation
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$417,302
-
Government Grants
$246,015
$363,247
+48%
Fundraising Events
$0
$0
-
Program Services
$2,800,823
$2,940,629
+5%
Membership Dues
$0
$0
-
Investments
$186,392
$277,226
+49%
Other
$48,684
$133,000
+173%
Total Revenues
$3,281,914
$4,131,404
+26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$669,190
$727,617
+9%
Fees to Service Providers
$84,495
$154,788
+83%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$328,677
$311,250
-5%
Interest
$0
$0
-
Depreciation
$38,224
$48,109
+26%
Other
$1,462,767
$2,272,369
+55%
Total Expenses
$2,583,353
$3,514,133
+36%
Net income
2023
2024
Change
Net income
+$698,561
+$617,271
-12%
Functional Expenses
Summary
2023
2024
Change
Program
$1,988,247
$2,828,373
+42%
Admin
$595,106
$685,760
+15%
Fundraising
$0
$0
-
Total Expenses
$2,583,353
$3,514,133
+36%
Income Statement
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