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NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCA

NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCA

Minneapolis, MN, US
501(c)3
EIN
26-0636598
Fund Raising & Fund Distribution
funder logo

NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCA

Minneapolis, MN, US
501(c)3
EIN
26-0636598
Fund Raising & Fund Distribution

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$3,032,204

Government Grants
52%
Program Services
35%
Membership Dues
10%
Investments
2%
Contributions
1%
Other
<1%
Fundraising Events
0%
Expenses in 2024

$3,987,921

Grants
92%
Fees to Service Providers
5%
Other
3%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$354,191
$43,900
-88%
Government Grants
$716,482
$1,572,465
+119%
Fundraising Events
$0
$0
-
Program Services
$171,329
$1,072,268
+526%
Membership Dues
$210,000
$295,000
+40%
Investments
$28,761
$48,079
+67%
Other
$4,978
$492
-90%
Total Revenues
$1,485,741
$3,032,204
+104%
Expenses
2023
2024
Change
Grants
$1,181,569
$3,663,653
+210%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$292,399
$190,391
-35%
Advertising & Promotion
$1,200
$1,733
+44%
Offices, Occupancy & IT
$9,846
$13,656
+39%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$77,531
$118,488
+53%
Total Expenses
$1,562,545
$3,987,921
+155%
Net income
2023
2024
Change
Net income
-$76,804
-$955,717
-1144%
Functional Expenses
Summary
2023
2024
Change
Program
$1,263,435
$3,794,053
+200%
Admin
$299,110
$193,868
-35%
Fundraising
$0
$0
-
Total Expenses
$1,562,545
$3,987,921
+155%
Income Statement
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