WHY ME INC

Income Statement
Fiscal Year Start:
Aug 1
Revenues in 2024
$1,536,053
Contributions
48%
Other
48%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,145,719
Other
49%
Salaries & Benefits
37%
Depreciation
9%
Fees to Service Providers
3%
Offices, Occupancy & IT
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$795,086
$739,537
-7%
Government Grants
$96,606
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$61,673
$66,776
+8%
Other
$523,459
$729,740
+39%
Total Revenues
$1,476,824
$1,536,053
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$371,592
$423,798
+14%
Fees to Service Providers
$37,662
$35,240
-6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$41,397
$18,816
-55%
Interest
$2,152
$0
-100%
Depreciation
$99,400
$105,977
+7%
Other
$512,832
$561,888
+10%
Total Expenses
$1,065,035
$1,145,719
+8%
Net income
2023
2024
Change
Net income
+$411,789
+$390,334
-5%
Functional Expenses
Summary
2023
2024
Change
Program
$664,371
$753,573
+13%
Admin
$192,990
$181,882
-6%
Fundraising
$207,674
$210,264
+1%
Total Expenses
$1,065,035
$1,145,719
+8%
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