NT-2024-AR - Flipbook - Page 30
GRANTMAKING & FINANCIALS
STATEMENT OF ACTIVITIES
Statement of activities and changes in net assets for the year ended December 31, 2024.
2024
Financial Summary
2023
Without
Restrictions
With
Restrictions
TOTAL
Contributions & Grants
21,313,602
9,704,368
31,017,971
23,443,794
Interest & Investments Loss, Net
3,445,933
-
3,445,932
3,928,539
Other Revenue (Loss)
215,367
-
215,368
62,805
-
-
-
(9,509)
10,320,194
(10,320,194)
-
-
Other Gain/(Loss)
(1,197,187)
-
(1,197,187)
-
Total Support & Revenue
34,097,910
(615,826)
33,482,084
27,425,629
Place Anchored Partnerships
23,816,044
-
23,816,044
22,602,409
Amplification and Scaling
8,642,126
-
8,642,126
10,761,046
11%
Science and Learning
1,178,721
-
1,178,721
1,037,440
MANAGEMENT
Programs Overall
2,896,293
-
2,896,293
2,284,660
Total Program Services
36,533,184
-
36,533,184
36,685,555
TOTAL
SUPPORT AND REVENUE
In 2024, Nia Tero raised a total of $31 million in revenue from
a diverse portfolio of supporters who share our values and
commitment to our mission.
In 2024, 86% of our $42 million in expenditures focused on our program delivery
to support the self-determined needs of Indigenous Peoples and to influence a
more cohesive field serving Indigenous Peoples' guardianship. The remaining 14%
supported our administrative, management, and fundraising capacities. As planned,
we covered our expenses with restricted and unrestricted assets that are designed
to fund our multi-year grantmaking commitments.
Gain (Loss) on Disposal
of Fixed Assets
Net Assets Released from
Donor Restriction
TOTAL EXPENSES
PROGRAM SERVICES
EXPENSES BY PROGRAM:
3%
SCIENCE &
LEARNING
$1,178,721
7%
$4,729,818
SUPPORTING SERVICES
PROGRAMS
TOTAL
$2,896,293
$42,332,974
20%
AMPLIFICATION
& SCALING
$8,642,126
3%
Management and General
4,729,818
-
4,729,818
5,403,454
FUNDRAISING
Fundraising
1,069,972
-
1,069,972
835,137
Total Supporting Services
5,799,790
-
5,799,790
6,238,591
56%
Total Expenses
42,332,974
-
42,332,974
42,924,146
PLACE ANCHORED
PARTNERSHIPS
Total Changes in Net Assets
(8,235,064)
(615,826)
(8,850,890)
(15,498,517)
$23,816,044
Net Assets - Beginning of Year
66,768,039
17,040,385
83,808,424
99,306,941
Net Assets - End of Year
58,532,975
16,424,559
74,957,535
83,808,424
$1,069,972
*Unaudited 2024 amounts
58
Nia Tero
Annual Report 2024
59
