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NEW SCHOOLS FOR ALABAMA

NEW SCHOOLS FOR ALABAMA

Birmingham, AL, US
501(c)(3)
EIN
46-3827127
Professional Societies & Associations
Regional Funder
funder logo

NEW SCHOOLS FOR ALABAMA

Birmingham, AL, US
501(c)(3)
EIN
46-3827127
Professional Societies & Associations
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$10,265,638

Government Grants
48%
Contributions
42%
Program Services
9%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$8,604,669

Grants
58%
Salaries & Benefits
19%
Fees to Service Providers
11%
Other
9%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,831,500
$4,317,500
+52%
Government Grants
$4,545,838
$4,906,969
+8%
Fundraising Events
$0
$0
-
Program Services
$724,066
$933,576
+29%
Membership Dues
$0
$0
-
Investments
$28,616
$95,196
+233%
Other
$51,236
$12,397
-76%
Total Revenues
$8,181,256
$10,265,638
+25%
Expenses
2023
2024
Change
Grants
$5,232,338
$5,032,809
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,331,087
$1,598,069
+20%
Fees to Service Providers
$879,834
$953,306
+8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$106,931
$272,196
+155%
Interest
$0
$0
-
Depreciation
$1,714
$1,486
-13%
Other
$914,812
$746,803
-18%
Total Expenses
$8,466,716
$8,604,669
+2%
Net income
2023
2024
Change
Net income
-$285,460
+$1,660,969
-682%
Functional Expenses
Summary
2023
2024
Change
Program
$7,991,604
$7,216,207
-10%
Admin
$415,572
$1,354,292
+226%
Fundraising
$59,540
$34,170
-43%
Total Expenses
$8,466,716
$8,604,669
+2%
Income Statement
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