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NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY
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NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY
Norfolk, VA, US
•
501(c)3
•
EIN
23-7235954
•
Regional Funder
NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY
Sign up to claim this org
Norfolk, VA, US
•
501(c)3
•
EIN
23-7235954
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$13,370,289
Contributions
69%
Investments
19%
Other
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$7,063,095
Grants
48%
Other
20%
Salaries & Benefits
14%
Fees to Service Providers
10%
Offices, Occupancy & IT
6%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$7,574,677
$9,220,180
+22%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,304,567
$2,482,942
+8%
Other
-$2,049,618
$1,667,167
-181%
Total Revenues
$7,829,626
$13,370,289
+71%
Expenses
2023
2024
Change
Grants
$2,996,381
$3,408,593
+14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$829,059
$1,013,888
+22%
Fees to Service Providers
$779,591
$699,325
-10%
Advertising & Promotion
$24,023
$12,245
-49%
Offices, Occupancy & IT
$471,832
$444,901
-6%
Interest
$0
$0
-
Depreciation
$12,470
$69,058
+454%
Other
$1,480,444
$1,415,085
-4%
Total Expenses
$6,593,800
$7,063,095
+7%
Net income
2023
2024
Change
Net income
+$1,235,826
+$6,307,194
+410%
Functional Expenses
Summary
2023
2024
Change
Program
$5,842,088
$5,951,871
+2%
Admin
$620,364
$932,722
+50%
Fundraising
$131,348
$178,502
+36%
Total Expenses
$6,593,800
$7,063,095
+7%
Income Statement
