SKILLSUSA FOUNDATION INCClosed
Closed
Income Statement
Fiscal Year Start:
Sep 1
Closed
This organization closed in 2020. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2020
$2,681,875
Other
54%
Contributions
45%
Investments
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2020
$2,768,415
Grants
59%
Other
22%
Offices, Occupancy & IT
17%
Depreciation
2%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2019
2020
Change
Contributions
$5,968,992
$1,198,097
-80%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$21,637
$37,842
+75%
Other
$0
$1,445,936
-
Total Revenues
$5,990,629
$2,681,875
-55%
Expenses
2019
2020
Change
Grants
$1,791,044
$1,638,640
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$102,595
$478,347
+366%
Interest
$0
$0
-
Depreciation
$77,093
$51,042
-34%
Other
$5,422,761
$600,386
-89%
Total Expenses
$7,393,493
$2,768,415
-63%
Net income
2019
2020
Change
Net income
-$1,402,864
-$86,540
+94%
Functional Expenses
Summary
2019
2020
Change
Program
$5,837,572
$1,791,974
-69%
Admin
$115,733
$542,847
+369%
Fundraising
$1,440,188
$433,594
-70%
Total Expenses
$7,393,493
$2,768,415
-63%
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