funder logo

EAST TENNESSEE FOUNDATION

EAST TENNESSEE FOUNDATION

Knoxville, TN, US
501(c)3
EIN
62-0807696
DAF Sponsor
Community Foundation
Regional Funder
funder logo

EAST TENNESSEE FOUNDATION

Knoxville, TN, US
501(c)3
EIN
62-0807696
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$27,657,283

Contributions
45%
Other
27%
Investments
25%
Government Grants
2%
Fundraising Events
2%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$19,148,820

Grants
84%
Salaries & Benefits
10%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Other
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$10,158,094
$12,340,652
+21%
Government Grants
$34,256
$511,275
+1393%
Fundraising Events
$614,377
$425,217
-31%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,698,271
$6,833,568
+85%
Other
$5,286,092
$7,546,571
+43%
Total Revenues
$19,791,090
$27,657,283
+40%
Expenses
2023
2024
Change
Grants
$22,982,955
$16,140,007
-30%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,750,825
$1,971,191
+13%
Fees to Service Providers
$165,349
$184,947
+12%
Advertising & Promotion
$78,788
$221,527
+181%
Offices, Occupancy & IT
$491,205
$488,914
0%
Interest
$0
$125
-
Depreciation
$10,086
$9,955
-1%
Other
$147,437
$132,154
-10%
Total Expenses
$25,626,645
$19,148,820
-25%
Net income
2023
2024
Change
Net income
-$5,835,555
+$8,508,463
-246%
Functional Expenses
Summary
2023
2024
Change
Program
$23,962,950
$17,400,960
-27%
Admin
$1,051,444
$994,377
-5%
Fundraising
$612,251
$753,483
+23%
Total Expenses
$25,626,645
$19,148,820
-25%
Income Statement
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