funder logo

WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC

WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC

INSTITUTE, WV, US
501(c)(3)
EIN
55-6019228
Regional Funder
funder logo

WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC

INSTITUTE, WV, US
501(c)(3)
EIN
55-6019228
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$4,088,228

Contributions
67%
Investments
14%
Other
13%
Fundraising Events
4%
Government Grants
2%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$3,566,288

Other
32%
Grants
27%
Fees to Service Providers
27%
Salaries & Benefits
9%
Depreciation
3%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,469,826
$2,731,024
+11%
Government Grants
$264,072
$100,000
-62%
Fundraising Events
$185,856
$160,295
-14%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$286,499
$553,203
+93%
Other
$485,887
$543,706
+12%
Total Revenues
$3,692,140
$4,088,228
+11%
Expenses
2023
2024
Change
Grants
$894,423
$980,254
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$377,626
$334,746
-11%
Fees to Service Providers
$321,855
$968,373
+201%
Advertising & Promotion
$12,810
$27,382
+114%
Offices, Occupancy & IT
$8,222
$564
-93%
Interest
$0
$0
-
Depreciation
$101,070
$101,069
0%
Other
$1,562,607
$1,153,900
-26%
Total Expenses
$3,278,613
$3,566,288
+9%
Net income
2023
2024
Change
Net income
+$413,527
+$521,940
+26%
Functional Expenses
Summary
2023
2024
Change
Program
$2,843,656
$2,636,376
-7%
Admin
$310,052
$812,981
+162%
Fundraising
$124,905
$116,931
-6%
Total Expenses
$3,278,613
$3,566,288
+9%
Income Statement
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