OLD DOMINION UNIVERSITY RESEARCH FOUNDATION

OLD DOMINION UNIVERSITY RESEARCH FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-6068198

OLD DOMINION UNIVERSITY RESEARCH FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-6068198

Income Statement

Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024

$63,306,336

Program Services
N/A
Investments
N/A
Contributions
N/A
Government Grants
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024

$64,261,601

Salaries & Benefits
57%
Grants
17%
Other
14%
Fees to Service Providers
9%
Depreciation
2%
Offices, Occupancy & IT
1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$62,124,772
$62,850,809
+1%
Membership Dues
$0
$0
-
Investments
$262,887
$586,460
+123%
Other
-$24,984
-$130,933
+424%
Total Revenues
$62,362,675
$63,306,336
+2%
Expenses
2023
2024
Change
Grants
$10,769,181
$10,895,701
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$35,658,116
$36,541,265
+2%
Fees to Service Providers
$5,947,516
$5,672,817
-5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$856,498
$962,800
+12%
Interest
$11
$179
+1527%
Depreciation
$966,000
$1,106,758
+15%
Other
$8,976,467
$9,082,081
+1%
Total Expenses
$63,173,789
$64,261,601
+2%
Net income
2023
2024
Change
Net income
-$811,114
-$955,265
-18%
Functional Expenses
Summary
2023
2024
Change
Program
$56,965,450
$56,282,070
-1%
Admin
$5,503,659
$7,053,223
+28%
Fundraising
$704,680
$926,308
+31%
Total Expenses
$63,173,789
$64,261,601
+2%
Income Statement
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