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VA FOUNDATION FOR INDEPENDENT COLLEGES
Sign up to claim this org
VA FOUNDATION FOR INDEPENDENT COLLEGES
RICHMOND, VA, US
•
501(c)(3)
•
EIN
54-0554396
•
WWW.VFIC.ORG
•
Regional Funder
VA FOUNDATION FOR INDEPENDENT COLLEGES
Sign up to claim this org
RICHMOND, VA, US
•
501(c)(3)
•
EIN
54-0554396
•
WWW.VFIC.ORG
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$2,162,960
Contributions
92%
Other
7%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$3,798,527
Grants
57%
Salaries & Benefits
22%
Other
11%
Fees to Service Providers
7%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,318,889
$1,992,312
-14%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,429
$8,826
+263%
Other
$0
$161,822
-
Total Revenues
$2,321,318
$2,162,960
-7%
Expenses
2023
2024
Change
Grants
$2,074,295
$2,173,212
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$722,898
$827,481
+14%
Fees to Service Providers
$267,162
$277,565
+4%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$88,133
$91,304
+4%
Interest
$0
$0
-
Depreciation
$7,849
$7,888
+0%
Other
$305,190
$421,077
+38%
Total Expenses
$3,465,527
$3,798,527
+10%
Net income
2023
2024
Change
Net income
-$1,144,209
-$1,635,567
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$2,616,595
$2,834,174
+8%
Admin
$570,859
$633,671
+11%
Fundraising
$278,073
$330,682
+19%
Total Expenses
$3,465,527
$3,798,527
+10%
Income Statement
