funder logo

LOUISIANA TECH UNIVERSITY FOUNDATION INC

LOUISIANA TECH UNIVERSITY FOUNDATION INC

RUSTON, LA, US
501(c)(3)
EIN
72-6021176
Regional Funder
funder logo

LOUISIANA TECH UNIVERSITY FOUNDATION INC

RUSTON, LA, US
501(c)(3)
EIN
72-6021176
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$45,803,915

Contributions
68%
Government Grants
22%
Other
7%
Investments
4%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$34,299,743

Grants
83%
Other
14%
Fees to Service Providers
1%
Offices, Occupancy & IT
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$18,011,774
$31,036,024
+72%
Government Grants
$500,000
$10,000,000
+1900%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,512,947
$1,768,336
+17%
Other
$2,272,545
$2,999,555
+32%
Total Revenues
$22,297,266
$45,803,915
+105%
Expenses
2023
2024
Change
Grants
$14,267,657
$28,554,891
+100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$377,380
$472,849
+25%
Advertising & Promotion
$640
$1,270
+98%
Offices, Occupancy & IT
$351,057
$294,997
-16%
Interest
$170,348
$14,592
-91%
Depreciation
$4,285
$0
-100%
Other
$3,391,116
$4,961,144
+46%
Total Expenses
$18,562,483
$34,299,743
+85%
Net income
2023
2024
Change
Net income
+$3,734,783
+$11,504,172
+208%
Functional Expenses
Summary
2023
2024
Change
Program
$14,267,657
$28,554,891
+100%
Admin
$2,725,310
$4,258,711
+56%
Fundraising
$1,569,516
$1,486,141
-5%
Total Expenses
$18,562,483
$34,299,743
+85%
Income Statement
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