funder logo

NATIONAL ACADEMY OF ENGINEERING FUND

NATIONAL ACADEMY OF ENGINEERING FUND

Washington, DC, US
501(c)3
EIN
23-7284092
Fund Raising & Fund Distribution
Regional Funder
funder logo

NATIONAL ACADEMY OF ENGINEERING FUND

Washington, DC, US
501(c)3
EIN
23-7284092
Fund Raising & Fund Distribution
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,127,676

Contributions
77%
Investments
10%
Membership Dues
6%
Other
5%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$10,325,419

Grants
60%
Other
33%
Fees to Service Providers
7%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$6,083,035
$7,806,229
+28%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$198,726
$227,100
+14%
Membership Dues
$594,000
$592,000
0%
Investments
$1,045,601
$972,292
-7%
Other
$244,749
$530,055
+117%
Total Revenues
$8,166,111
$10,127,676
+24%
Expenses
2023
2024
Change
Grants
$5,674,189
$6,233,358
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$460,139
$678,593
+47%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$3,430,500
$3,413,468
0%
Total Expenses
$9,564,828
$10,325,419
+8%
Net income
2023
2024
Change
Net income
-$1,398,717
-$197,743
+86%
Functional Expenses
Summary
2023
2024
Change
Program
$5,674,189
$6,233,358
+10%
Admin
$2,623,202
$2,764,910
+5%
Fundraising
$1,267,437
$1,327,151
+5%
Total Expenses
$9,564,828
$10,325,419
+8%
Income Statement
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