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ALPENA COMMUNITY COLLEGE FOUNDATION

ALPENA COMMUNITY COLLEGE FOUNDATION

Alpena, MI, US
501(c)(3)
EIN
38-6083683
Regional Funder
funder logo

ALPENA COMMUNITY COLLEGE FOUNDATION

Alpena, MI, US
501(c)(3)
EIN
38-6083683
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$2,948,096

Contributions
58%
Other
31%
Investments
10%
Fundraising Events
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$860,194

Grants
61%
Other
25%
Fees to Service Providers
13%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,227,053
$1,715,178
-47%
Government Grants
$0
$0
-
Fundraising Events
$10,754
$15,548
+45%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$251,759
$298,065
+18%
Other
$502,682
$919,305
+83%
Total Revenues
$3,992,248
$2,948,096
-26%
Expenses
2023
2024
Change
Grants
$1,882,849
$524,181
-72%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$71,410
$111,275
+56%
Advertising & Promotion
$2,008
$612
-70%
Offices, Occupancy & IT
$9,225
$11,011
+19%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$187,651
$213,115
+14%
Total Expenses
$2,153,143
$860,194
-60%
Net income
2023
2024
Change
Net income
+$1,839,105
+$2,087,902
+14%
Functional Expenses
Summary
2023
2024
Change
Program
$1,917,894
$565,044
-71%
Admin
$216,506
$268,316
+24%
Fundraising
$18,743
$26,834
+43%
Total Expenses
$2,153,143
$860,194
-60%
Income Statement
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