FREEDOM FOR YOUTH MINISTRIES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,456,455
Contributions
87%
Other
4%
Fundraising Events
4%
Program Services
4%
Investments
1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$1,741,891
Salaries & Benefits
77%
Offices, Occupancy & IT
8%
Other
7%
Depreciation
6%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,553,737
$2,126,421
+37%
Government Grants
$0
$0
-
Fundraising Events
$248,877
$105,495
-58%
Program Services
$89,916
$89,057
-1%
Membership Dues
$0
$0
-
Investments
$0
$27,934
-
Other
$100,016
$107,548
+8%
Total Revenues
$1,992,546
$2,456,455
+23%
Expenses
2023
2024
Change
Grants
$1,967
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,451,481
$1,342,782
-7%
Fees to Service Providers
$35,914
$44,566
+24%
Advertising & Promotion
$8,350
$3,877
-54%
Offices, Occupancy & IT
$137,997
$135,122
-2%
Interest
$0
$0
-
Depreciation
$102,864
$99,447
-3%
Other
$143,990
$116,097
-19%
Total Expenses
$1,882,563
$1,741,891
-7%
Net income
2023
2024
Change
Net income
+$109,983
+$714,564
+550%
Functional Expenses
Summary
2023
2024
Change
Program
$1,151,656
$1,051,627
-9%
Admin
$344,433
$342,310
-1%
Fundraising
$386,474
$347,954
-10%
Total Expenses
$1,882,563
$1,741,891
-7%
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