STREAMS OF LIFE WORSHIP CENTER
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$280,155
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$318,950
Benefits to Members
33%
Salaries & Benefits
30%
Offices, Occupancy & IT
13%
Other
12%
Depreciation
6%
Interest
6%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Revenues
2023
2024
Change
Contributions
$269,691
$280,142
+4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$14
$13
-7%
Other
$0
$0
-
Total Revenues
$269,705
$280,155
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$44,703
$105,098
+135%
Salaries & Benefits
$100,722
$95,513
-5%
Fees to Service Providers
$3,333
$3,026
-9%
Advertising & Promotion
$3,040
$120
-96%
Offices, Occupancy & IT
$37,959
$40,871
+8%
Interest
$25,359
$18,450
-27%
Depreciation
$27,308
$18,722
-31%
Other
$66,052
$37,150
-44%
Total Expenses
$308,476
$318,950
+3%
Net income
2023
2024
Change
Net income
-$38,771
-$38,795
0%
Functional Expenses
Summary
2023
2024
Change
Program
$304,359
$315,198
+4%
Admin
$4,117
$3,752
-9%
Fundraising
$0
$0
-
Total Expenses
$308,476
$318,950
+3%
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