THE COMMONWEALTH SCHOOL INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$11,656,790
Program Services
77%
Contributions
14%
Investments
7%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$10,690,578
Salaries & Benefits
58%
Other
16%
Grants
13%
Offices, Occupancy & IT
7%
Depreciation
3%
Fees to Service Providers
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,082,183
$1,683,790
-19%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,066,642
$9,018,471
+12%
Membership Dues
$0
$0
-
Investments
$470,324
$858,669
+83%
Other
$8,190,441
$95,860
-99%
Total Revenues
$18,809,590
$11,656,790
-38%
Expenses
2023
2024
Change
Grants
$1,276,268
$1,428,678
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,078,839
$6,228,321
+2%
Fees to Service Providers
$98,660
$235,613
+139%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$439,353
$721,315
+64%
Interest
$0
$0
-
Depreciation
$338,355
$323,439
-4%
Other
$1,537,883
$1,753,212
+14%
Total Expenses
$9,769,358
$10,690,578
+9%
Net income
2023
2024
Change
Net income
+$9,040,232
+$966,212
-89%
Functional Expenses
Summary
2023
2024
Change
Program
$6,771,203
$7,603,041
+12%
Admin
$2,486,032
$2,499,817
+1%
Fundraising
$512,123
$587,720
+15%
Total Expenses
$9,769,358
$10,690,578
+9%
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