funder logo

WALLACE GENETIC FOUNDATION II INC

WALLACE GENETIC FOUNDATION II INC

WASHINGTON, DC, US
501(c)(3)
EIN
81-4236372
Private Foundation
Regional Funder
funder logo

WALLACE GENETIC FOUNDATION II INC

WASHINGTON, DC, US
501(c)(3)
EIN
81-4236372
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,924,302

Other
84%
Investments
16%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$6,031,569

Grants
90%
Fees to Service Providers
6%
Salaries & Benefits
3%
Offices, Occupancy & IT
<1%
Other
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$542,323
$612,918
+13%
Other
$0
$3,311,384
-
Total Revenues
$542,323
$3,924,302
+624%
Expenses
2023
2024
Change
Grants
$4,535,000
$5,422,000
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$144,372
$161,449
+12%
Fees to Service Providers
$323,330
$369,818
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$45,661
$46,004
+1%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$32,613
$32,298
-1%
Total Expenses
$5,080,976
$6,031,569
+19%
Net income
2023
2024
Change
Net income
-$4,538,653
-$2,107,267
+54%
Income Statement
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