funder logo

VAN ANDEL EDUCATION INSTITUTE

VAN ANDEL EDUCATION INSTITUTE

Grand Rapids, MI, US
501(c)3
EIN
52-2000824
School
Regional Funder
funder logo

VAN ANDEL EDUCATION INSTITUTE

Grand Rapids, MI, US
501(c)3
EIN
52-2000824
School
Regional Funder

Income Statement

Fiscal Year Start:
Dec 1
Revenues in 2024

$5,690,950

Other
97%
Contributions
2%
Program Services
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$6,966,219

Grants
70%
Other
15%
Salaries & Benefits
12%
Fees to Service Providers
2%
Depreciation
<1%
Interest
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$89,774
$92,270
+3%
Government Grants
$40,450
$33,940
-16%
Fundraising Events
$0
$0
-
Program Services
$43,458
$42,282
-3%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$4,691,744
$5,522,458
+18%
Total Revenues
$4,865,426
$5,690,950
+17%
Expenses
2023
2024
Change
Grants
$3,791,603
$4,905,985
+29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$696,497
$840,577
+21%
Fees to Service Providers
$37,671
$172,972
+359%
Advertising & Promotion
$0
$56
-
Offices, Occupancy & IT
$1,006
$67
-93%
Interest
$632
$823
+30%
Depreciation
$851
$1,944
+128%
Other
$715,501
$1,043,795
+46%
Total Expenses
$5,243,761
$6,966,219
+33%
Net income
2023
2024
Change
Net income
-$378,335
-$1,275,269
-237%
Functional Expenses
Summary
2023
2024
Change
Program
$4,531,564
$5,748,452
+27%
Admin
$707,446
$1,212,926
+71%
Fundraising
$4,751
$4,841
+2%
Total Expenses
$5,243,761
$6,966,219
+33%
Income Statement
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