NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

WASHINGTON, DC, US
501(c)(3)
EIN
83-0211970

NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

WASHINGTON, DC, US
501(c)(3)
EIN
83-0211970

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$14,789,722

Program Services
69%
Government Grants
16%
Contributions
9%
Investments
4%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$13,512,318

Salaries & Benefits
45%
Other
33%
Offices, Occupancy & IT
11%
Fees to Service Providers
9%
Depreciation
1%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$277,115
$1,339,207
+383%
Government Grants
$667,396
$2,351,007
+252%
Fundraising Events
$0
$0
-
Program Services
$9,032,211
$10,210,221
+13%
Membership Dues
$0
$0
-
Investments
$415,086
$547,807
+32%
Other
$692,281
$341,480
-51%
Total Revenues
$11,084,089
$14,789,722
+33%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,609,893
$6,078,623
+8%
Fees to Service Providers
$709,739
$1,168,573
+65%
Advertising & Promotion
$44,688
$142,101
+218%
Offices, Occupancy & IT
$1,305,532
$1,440,653
+10%
Interest
$0
$0
-
Depreciation
$149,225
$190,686
+28%
Other
$2,116,580
$4,491,682
+112%
Total Expenses
$9,935,657
$13,512,318
+36%
Net income
2023
2024
Change
Net income
+$1,148,432
+$1,277,404
+11%
Functional Expenses
Summary
2023
2024
Change
Program
$8,366,794
$9,762,579
+17%
Admin
$1,568,863
$3,749,739
+139%
Fundraising
$0
$0
-
Total Expenses
$9,935,657
$13,512,318
+36%
Income Statement
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