NORTHERN SOUTHEAST REGIONAL AQUACULTURE ASSOCIATION INC

NORTHERN SOUTHEAST REGIONAL AQUACULTURE ASSOCIATION INC

SITKA, AK, US
501(c)(3)
EIN
92-0062550

NORTHERN SOUTHEAST REGIONAL AQUACULTURE ASSOCIATION INC

SITKA, AK, US
501(c)(3)
EIN
92-0062550

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$10,585,893

Other
53%
Government Grants
35%
Investments
8%
Program Services
3%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$11,875,051

Other
46%
Salaries & Benefits
33%
Depreciation
12%
Offices, Occupancy & IT
4%
Grants
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$20
$0
-100%
Government Grants
$4,259,363
$3,751,557
-12%
Fundraising Events
$0
$0
-
Program Services
$252,055
$307,932
+22%
Membership Dues
$0
$0
-
Investments
$471,670
$875,426
+86%
Other
$10,244,634
$5,650,978
-45%
Total Revenues
$15,227,742
$10,585,893
-30%
Expenses
2023
2024
Change
Grants
$777,292
$318,864
-59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,555,636
$3,974,965
+12%
Fees to Service Providers
$256,935
$213,750
-17%
Advertising & Promotion
$0
$5,545
-
Offices, Occupancy & IT
$444,819
$468,401
+5%
Interest
$0
$0
-
Depreciation
$1,330,607
$1,411,663
+6%
Other
$4,353,650
$5,481,863
+26%
Total Expenses
$10,718,939
$11,875,051
+11%
Net income
2023
2024
Change
Net income
+$4,508,803
-$1,289,158
-129%
Functional Expenses
Summary
2023
2024
Change
Program
$9,525,983
$10,428,389
+9%
Admin
$1,192,956
$1,446,662
+21%
Fundraising
$0
$0
-
Total Expenses
$10,718,939
$11,875,051
+11%
Income Statement
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