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ALABAMA STATE UNIVERSITY TRUST FOR EDUCATIONAL EXCELLENCE

ALABAMA STATE UNIVERSITY TRUST FOR EDUCATIONAL EXCELLENCE

Montgomery, AL, US
501(c)(3)
EIN
31-1635334
funder logo

ALABAMA STATE UNIVERSITY TRUST FOR EDUCATIONAL EXCELLENCE

Montgomery, AL, US
501(c)(3)
EIN
31-1635334

Income Statement

Fiscal Year Start:
Aug 1
Revenues in 2024

$5,940,422

Investments
53%
Other
46%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$2,996,033

Grants
82%
Fees to Service Providers
11%
Other
8%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$99,770
$34,443
-65%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,484,910
$3,154,182
+27%
Other
-$4,493,166
$2,751,797
-161%
Total Revenues
-$1,908,486
$5,940,422
-411%
Expenses
2023
2024
Change
Grants
$2,514,884
$2,444,848
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$98,140
$324,080
+230%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$69,248
$227,105
+228%
Total Expenses
$2,682,272
$2,996,033
+12%
Net income
2023
2024
Change
Net income
-$4,590,758
+$2,944,389
-164%
Functional Expenses
Summary
2023
2024
Change
Program
$2,584,132
$2,671,953
+3%
Admin
$98,140
$324,080
+230%
Fundraising
$0
$0
-
Total Expenses
$2,682,272
$2,996,033
+12%
Income Statement
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