UNITED STUDENT AID FUNDS INCClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization is considered closed as of 2018. Impala made this determination because the organization is listed as revoked by the IRS, has not filed Form 990s in 5+ years, and no longer appears in the EO Business Master File or Pub78 List.
Note: The closure year reflects the IRS revocation effective date. Revocation typically follows three years of non-filing, so the organization may have ceased operations earlier.
Revenues in 2018
$330,115,707
Program Services
>99%
Investments
<1%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2018
$198,304,563
Other
54%
Grants
41%
Depreciation
5%
Fees to Service Providers
<1%
Salaries & Benefits
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2017
2018
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$394,799,624
$327,550,446
-17%
Membership Dues
$0
$0
-
Investments
$532,331
$2,359,600
+343%
Other
$145,031
$205,661
+42%
Total Revenues
$395,476,986
$330,115,707
-17%
Expenses
2017
2018
Change
Grants
$41,956,232
$81,213,210
+94%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,460,107
$31,395
-99%
Fees to Service Providers
$451,456
$239,028
-47%
Advertising & Promotion
$307
$0
-100%
Offices, Occupancy & IT
$440,982
$12,243
-97%
Interest
$0
$0
-
Depreciation
$10,404,777
$10,543,855
+1%
Other
$300,111,392
$106,264,832
-65%
Total Expenses
$355,825,253
$198,304,563
-44%
Net income
2017
2018
Change
Net income
+$39,651,733
+$131,811,144
+232%
Functional Expenses
Summary
2017
2018
Change
Program
$344,776,013
$187,571,861
-46%
Admin
$11,049,240
$10,732,702
-3%
Fundraising
$0
$0
-
Total Expenses
$355,825,253
$198,304,563
-44%
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