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EASTERN MICHIGAN UNIVERSITY FOUNDATION
EASTERN MICHIGAN UNIVERSITY FOUNDATION
YPSILANTI, MI, US
•
501(c)(3)
•
EIN
38-2953297
•
WWW.EMUFOUNDATION.ORG
•
Single Organization Support
EASTERN MICHIGAN UNIVERSITY FOUNDATION
YPSILANTI, MI, US
•
501(c)(3)
•
EIN
38-2953297
•
WWW.EMUFOUNDATION.ORG
•
Single Organization Support
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990s
Income Statement
Balance Sheet
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Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$29,209,344
Contributions
83%
Other
9%
Program Services
7%
Investments
2%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in
2024
$23,303,970
Grants
82%
Salaries & Benefits
12%
Fees to Service Providers
2%
Other
2%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$16,103,831
$24,139,233
+50%
Government Grants
$0
$0
-
Fundraising Events
$127,424
$111,550
-12%
Program Services
$1,732,638
$1,931,860
+11%
Membership Dues
$0
$0
-
Investments
$460,474
$458,504
0%
Other
$1,754,082
$2,568,197
+46%
Total Revenues
$20,178,449
$29,209,344
+45%
Expenses
2023
2024
Change
Grants
$13,460,477
$19,152,357
+42%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,534,998
$2,766,336
+9%
Fees to Service Providers
$752,331
$576,294
-23%
Advertising & Promotion
$4,695
$3,299
-30%
Offices, Occupancy & IT
$306,314
$393,167
+28%
Interest
$0
$0
-
Depreciation
$15,544
$15,604
+0%
Other
$431,554
$396,913
-8%
Total Expenses
$17,505,913
$23,303,970
+33%
Net income
2023
2024
Change
Net income
+$2,672,536
+$5,905,374
+121%
Functional Expenses
Summary
2023
2024
Change
Program
$13,460,477
$19,152,357
+42%
Admin
$1,768,586
$1,785,099
+1%
Fundraising
$2,276,850
$2,366,514
+4%
Total Expenses
$17,505,913
$23,303,970
+33%
Income Statement