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ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES
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ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES
Montgomery, AL, US
•
501(c)3
•
EIN
63-0422143
•
WWW.AAICU.NET
ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES
Sign up to claim this org
Montgomery, AL, US
•
501(c)3
•
EIN
63-0422143
•
WWW.AAICU.NET
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Board & Team
Financials
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Funding
Funders
Grants Received
Grantmaking
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Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$591,013
Membership Dues
70%
Contributions
14%
Investments
11%
Government Grants
3%
Other
2%
Fundraising Events
0%
Program Services
0%
Expenses in
2024
$536,415
Salaries & Benefits
62%
Grants
15%
Fees to Service Providers
11%
Other
8%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$86,881
$82,772
-5%
Government Grants
$0
$15,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$442,396
$416,303
-6%
Investments
$38,444
$67,655
+76%
Other
-$3,127
$9,283
-397%
Total Revenues
$564,594
$591,013
+5%
Expenses
2023
2024
Change
Grants
$71,400
$80,600
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$310,072
$334,884
+8%
Fees to Service Providers
$38,036
$60,903
+60%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$15,680
$16,303
+4%
Interest
$35
$0
-100%
Depreciation
$2,134
$2,058
-4%
Other
$52,033
$41,667
-20%
Total Expenses
$489,390
$536,415
+10%
Net income
2023
2024
Change
Net income
+$75,204
+$54,598
-27%
Functional Expenses
Summary
2023
2024
Change
Program
$406,335
$441,797
+9%
Admin
$35,868
$42,749
+19%
Fundraising
$47,187
$51,869
+10%
Total Expenses
$489,390
$536,415
+10%
Income Statement