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Association of Graduates of the United States Air Force Academy

Association of Graduates of the United States Air Force Academy

USAF Academy, CO, US
501(c)(3)
EIN
84-0580665
Regional Funder
funder logo

Association of Graduates of the United States Air Force Academy

USAF Academy, CO, US
501(c)(3)
EIN
84-0580665
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$12,462,318

Other
36%
Contributions
35%
Investments
14%
Membership Dues
8%
Program Services
7%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$17,436,196

Grants
65%
Salaries & Benefits
18%
Offices, Occupancy & IT
7%
Other
4%
Depreciation
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,839,853
$4,409,416
+140%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$904,349
$835,329
-8%
Membership Dues
$913,344
$982,844
+8%
Investments
$3,928,502
$1,789,272
-54%
Other
$1,553,526
$4,445,457
+186%
Total Revenues
$9,139,574
$12,462,318
+36%
Expenses
2023
2024
Change
Grants
$1,484,586
$11,315,503
+662%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,531,936
$3,163,007
-10%
Fees to Service Providers
$533,440
$435,846
-18%
Advertising & Promotion
$108,790
$87,486
-20%
Offices, Occupancy & IT
$1,383,872
$1,141,278
-18%
Interest
$0
$0
-
Depreciation
$570,267
$585,893
+3%
Other
$852,174
$707,183
-17%
Total Expenses
$8,465,065
$17,436,196
+106%
Net income
2023
2024
Change
Net income
+$674,509
-$4,973,878
-837%
Functional Expenses
Summary
2023
2024
Change
Program
$6,933,359
$15,172,323
+119%
Admin
$1,447,362
$2,244,808
+55%
Fundraising
$84,344
$19,065
-77%
Total Expenses
$8,465,065
$17,436,196
+106%
Income Statement
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