AMERICAN COLLEGE OF BANKRUPTCY FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,110,397
Contributions
47%
Other
41%
Investments
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$813,580
Grants
88%
Fees to Service Providers
10%
Offices, Occupancy & IT
1%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$477,526
$521,828
+9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$71,308
$135,012
+89%
Other
$272,290
$453,557
+67%
Total Revenues
$821,124
$1,110,397
+35%
Expenses
2023
2024
Change
Grants
$618,486
$718,391
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$58,402
$80,150
+37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$13,394
$11,758
-12%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$3,262
$3,281
+1%
Total Expenses
$693,544
$813,580
+17%
Net income
2023
2024
Change
Net income
+$127,580
+$296,817
+133%
Functional Expenses
Summary
2023
2024
Change
Program
$618,486
$718,391
+16%
Admin
$75,058
$95,189
+27%
Fundraising
$0
$0
-
Total Expenses
$693,544
$813,580
+17%
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