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Mount Vernon Nazarene University
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Mount Vernon Nazarene University
Mount Vernon, OH, US
•
501(c)3
•
EIN
31-0725957
•
www.mvnu.edu
•
School
Regional Funder
•
Subordinate Organization
Mount Vernon Nazarene University
Sign up to claim this org
Mount Vernon, OH, US
•
501(c)3
•
EIN
31-0725957
•
www.mvnu.edu
•
School
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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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:
Jul 1
Revenues in
2024
$60,940,732
Program Services
88%
Contributions
6%
Other
3%
Investments
2%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$65,171,011
Grants
43%
Salaries & Benefits
33%
Offices, Occupancy & IT
8%
Other
7%
Depreciation
4%
Fees to Service Providers
4%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,941,554
$3,714,739
-25%
Government Grants
$4,536,857
$272,936
-94%
Fundraising Events
$0
$0
-
Program Services
$53,280,013
$53,761,306
+1%
Membership Dues
$0
$0
-
Investments
$2,197,051
$1,391,577
-37%
Other
$895,215
$1,800,174
+101%
Total Revenues
$65,850,690
$60,940,732
-7%
Expenses
2023
2024
Change
Grants
$26,595,771
$27,906,074
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,096,445
$21,766,167
-1%
Fees to Service Providers
$2,735,329
$2,289,179
-16%
Advertising & Promotion
$896,972
$621,853
-31%
Offices, Occupancy & IT
$4,591,022
$4,950,191
+8%
Interest
$260,153
$253,093
-3%
Depreciation
$3,052,664
$2,800,047
-8%
Other
$4,762,289
$4,584,407
-4%
Total Expenses
$64,990,645
$65,171,011
+0%
Net income
2023
2024
Change
Net income
+$860,045
-$4,230,279
-592%
Functional Expenses
Summary
2023
2024
Change
Program
$58,735,766
$50,746,081
-14%
Admin
$4,825,371
$13,252,569
+175%
Fundraising
$1,429,508
$1,172,361
-18%
Total Expenses
$64,990,645
$65,171,011
+0%
Income Statement
