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NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC

NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC

GALESBURG, IL, US
501(c)(3)
EIN
36-2906866
funder logo

NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC

GALESBURG, IL, US
501(c)(3)
EIN
36-2906866

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$87,199,685

Contributions
91%
Program Services
9%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$87,961,673

Grants
87%
Other
7%
Salaries & Benefits
4%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Depreciation
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$91,561,645
$79,746,935
-13%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,278,389
$7,440,796
-10%
Membership Dues
$0
$0
-
Investments
$5,962
$11,954
+101%
Other
$0
$0
-
Total Revenues
$99,845,996
$87,199,685
-13%
Expenses
2023
2024
Change
Grants
$83,875,211
$76,758,430
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,452,989
$3,508,206
+2%
Fees to Service Providers
$344,640
$356,852
+4%
Advertising & Promotion
$4,348
$4,280
-2%
Offices, Occupancy & IT
$1,282,678
$1,105,762
-14%
Interest
$24,861
$27,022
+9%
Depreciation
$78,194
$93,282
+19%
Other
$5,786,330
$6,107,839
+6%
Total Expenses
$94,849,251
$87,961,673
-7%
Net income
2023
2024
Change
Net income
+$4,996,745
-$761,988
-115%
Functional Expenses
Summary
2023
2024
Change
Program
$93,416,431
$86,540,190
-7%
Admin
$596,643
$620,886
+4%
Fundraising
$836,177
$800,597
-4%
Total Expenses
$94,849,251
$87,961,673
-7%
Income Statement
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