Logo for "THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION"

THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION

THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION

Bethesda, MD, US
501(c)3
EIN
31-1510297
Logo for "THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION"

THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION

Bethesda, MD, US
501(c)3
EIN
31-1510297

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,422,686

Contributions
90%
Program Services
7%
Investments
3%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,210,543

Salaries & Benefits
60%
Fees to Service Providers
22%
Other
10%
Offices, Occupancy & IT
7%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,113,187
$1,278,698
-59%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$160,047
$94,570
-41%
Membership Dues
$0
$0
-
Investments
$8,904
$46,255
+419%
Other
$0
$3,163
-
Total Revenues
$3,282,138
$1,422,686
-57%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$949,320
$1,335,634
+41%
Fees to Service Providers
$413,002
$479,303
+16%
Advertising & Promotion
$5,744
$21,182
+269%
Offices, Occupancy & IT
$141,714
$151,036
+7%
Interest
$0
$0
-
Depreciation
$1,973
$3,270
+66%
Other
$126,211
$220,118
+74%
Total Expenses
$1,637,964
$2,210,543
+35%
Net income
2023
2024
Change
Net income
+$1,644,174
-$787,857
-148%
Functional Expenses
Summary
2023
2024
Change
Program
$1,466,644
$2,001,128
+36%
Admin
$170,440
$209,415
+23%
Fundraising
$880
$0
-100%
Total Expenses
$1,637,964
$2,210,543
+35%
Income Statement
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