funder logo

BOWIE STATE UNIVERSITY FOUNDATION INC

BOWIE STATE UNIVERSITY FOUNDATION INC

Bowie, MD, US
501(c)3
EIN
52-0952758
funder logo

BOWIE STATE UNIVERSITY FOUNDATION INC

Bowie, MD, US
501(c)3
EIN
52-0952758

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$10,660,026

Contributions
51%
Other
34%
Investments
9%
Government Grants
5%
Fundraising Events
1%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$6,128,421

Fees to Service Providers
43%
Grants
34%
Offices, Occupancy & IT
11%
Other
10%
Salaries & Benefits
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$6,134,929
$5,399,087
-12%
Government Grants
$190,000
$500,000
+163%
Fundraising Events
$40,361
$157,810
+291%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$815,523
$993,554
+22%
Other
$1,561,376
$3,609,575
+131%
Total Revenues
$8,742,189
$10,660,026
+22%
Expenses
2024
2025
Change
Grants
$1,684,676
$2,088,789
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$88,687
$104,043
+17%
Fees to Service Providers
$2,475,621
$2,629,210
+6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$83,333
$679,651
+716%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,189,120
$626,728
-47%
Total Expenses
$5,521,437
$6,128,421
+11%
Net income
2024
2025
Change
Net income
+$3,220,752
+$4,531,605
+41%
Functional Expenses
Summary
2024
2025
Change
Program
$4,327,554
$5,275,167
+22%
Admin
$1,142,551
$835,229
-27%
Fundraising
$51,332
$18,025
-65%
Total Expenses
$5,521,437
$6,128,421
+11%
Income Statement
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