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NORTHWESTERN MICHIGAN COLLEGE FOUNDATION
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NORTHWESTERN MICHIGAN COLLEGE FOUNDATION
Traverse City, MI, US
•
501(c)3
•
EIN
38-2376475
•
WWW.NMC.EDU/FOUNDATION
NORTHWESTERN MICHIGAN COLLEGE FOUNDATION
Sign up to claim this org
Traverse City, MI, US
•
501(c)3
•
EIN
38-2376475
•
WWW.NMC.EDU/FOUNDATION
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
$5,717,741
Contributions
58%
Investments
31%
Other
9%
Fundraising Events
3%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$5,366,012
Grants
88%
Salaries & Benefits
10%
Fees to Service Providers
1%
Other
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,855,939
$3,294,301
+15%
Government Grants
$0
$0
-
Fundraising Events
$119,855
$161,950
+35%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,485,984
$1,774,223
+19%
Other
-$435,853
$487,267
-212%
Total Revenues
$4,025,925
$5,717,741
+42%
Expenses
2023
2024
Change
Grants
$4,298,421
$4,729,229
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$506,818
$522,512
+3%
Fees to Service Providers
$131,371
$80,068
-39%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$346
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$36,955
$33,857
-8%
Total Expenses
$4,973,565
$5,366,012
+8%
Net income
2023
2024
Change
Net income
-$947,640
+$351,729
-137%
Functional Expenses
Summary
2023
2024
Change
Program
$4,298,421
$4,729,229
+10%
Admin
$168,326
$114,271
-32%
Fundraising
$506,818
$522,512
+3%
Total Expenses
$4,973,565
$5,366,012
+8%
Income Statement
