Alabama Education Television Foundation Authority

Alabama Education Television Foundation Authority

Birmingham, AL, US
501(c)(3)
EIN
63-6050895

Alabama Education Television Foundation Authority

Birmingham, AL, US
501(c)(3)
EIN
63-6050895

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$9,211,248

Program Services
53%
Other
30%
Contributions
15%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$7,747,275

Salaries & Benefits
51%
Other
37%
Offices, Occupancy & IT
4%
Advertising & Promotion
3%
Fees to Service Providers
2%
Depreciation
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,570,743
$1,376,431
-12%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,292,576
$4,896,471
+14%
Membership Dues
$0
$0
-
Investments
$137,313
$219,442
+60%
Other
$2,337,718
$2,718,904
+16%
Total Revenues
$8,338,350
$9,211,248
+10%
Expenses
2023
2024
Change
Grants
$26,000
$61,000
+135%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,662,394
$3,967,159
+8%
Fees to Service Providers
$248,916
$190,790
-23%
Advertising & Promotion
$196,209
$253,085
+29%
Offices, Occupancy & IT
$295,203
$313,932
+6%
Interest
$0
$0
-
Depreciation
$72,700
$75,609
+4%
Other
$2,070,267
$2,885,700
+39%
Total Expenses
$6,571,689
$7,747,275
+18%
Net income
2023
2024
Change
Net income
+$1,766,661
+$1,463,973
-17%
Functional Expenses
Summary
2023
2024
Change
Program
$4,808,354
$5,854,366
+22%
Admin
$973,673
$1,013,737
+4%
Fundraising
$789,662
$879,172
+11%
Total Expenses
$6,571,689
$7,747,275
+18%
Income Statement
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