VMI ALUMNI ASSOCIATION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$1,207,792
Other
>99%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$1,205,558
Salaries & Benefits
48%
Other
30%
Fees to Service Providers
13%
Grants
7%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,163
$2,234
+92%
Other
$1,159,267
$1,205,558
+4%
Total Revenues
$1,160,430
$1,207,792
+4%
Expenses
2024
2025
Change
Grants
$42,371
$82,097
+94%
Benefits to Members
$0
$0
-
Salaries & Benefits
$535,516
$584,622
+9%
Fees to Service Providers
$221,727
$151,823
-32%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$28,994
$27,832
-4%
Interest
$0
$0
-
Depreciation
$1,355
$1,355
+0%
Other
$329,304
$357,829
+9%
Total Expenses
$1,159,267
$1,205,558
+4%
Net income
2024
2025
Change
Net income
+$1,163
+$2,234
+92%
Functional Expenses
Summary
2024
2025
Change
Program
$456,738
$529,158
+16%
Admin
$544,173
$501,312
-8%
Fundraising
$158,356
$175,088
+11%
Total Expenses
$1,159,267
$1,205,558
+4%
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