25-02-06 Annual Report 3.14 [1-12] - Flipbook - Page 3
In 2024, NDA generated impressive revenue growth for the second year. We doubled revenue in federal contracts from the prior year by increasing our partnerships, improving almost 1,000,000 acres of public land since 2021 and expanding our Master Stewardship Agreements
from 10 to 20 years. This work on our public land initiative of improving access, habitat and deer hunting on public lands allowed additional
funding leverage for matching grants which also saw growth from last year.
Each year, the NDA promises to spend at least 80 percent of all funds raised on our conservation mission. We met that goal for the 5th year
in a row, with 85 percent of our expenses going toward ensuring the future of wild deer, wildlife habitat and hunting.
One of our 昀椀nancial strategic initiatives is to diversify funding sources to strengthen the organization’s 昀椀nancial health. We are proud of our
diverse funding sources. We will continue to seek an array of funding to sustain us through economic downturns.
STATEMENT OF FINANCIAL ACTIVITIES
STATEMENT OF FINANCIAL POSITION
Assets
Total Assets
12/31/2024
$ 4,666,793
Total Liabilities
$ 982,647
Total Net Assets
$ 3,684,146
Liabilities & Net Assets
Net Assets
Total Liabilities & Net Assets $ 4,666,793
9%
Fundraising
Revenue
Total Revenue
Expenses
12/31/2024
$ 7,453,287
Total Expenses
Net Income (Loss)
$ 7,363,674
$ 89,613
Financials as of December 31, 2024 prior to NDA audit 昀椀nalization. The National Deer Association
is a 501(c)3 non-pro昀椀t organization that takes great pride in its 昀椀nancial accuracy, transparency,
and accountability. In 2023, the NDA spent 85 percent of all contributions directly on conservation
and program services, keeping our administrative expenses to a minimum. NDA has received the
highest possible rating from Charity Navigator for six years in a row.
11%
21%
Hunting Land
Liability Insurance
Advertising
& Sponsorships
6%
Management
& Administration
85%
46%
Program
Services
Grants &
Federal Contracts
The National Deer Association has maintained the highest possible
4-star rating from Charity Navigator for seven consecutive years.
22%
Fundraising,
Contributions
& Member Dues