Logo for "SOUTHCOAST COMMUNITY FOUNDATION INC"

SOUTHCOAST COMMUNITY FOUNDATION INC

SOUTHCOAST COMMUNITY FOUNDATION INC

NEW BEDFORD, MA, US
•
501(c)(3)
•
EIN
04-3280353
•
WWW.SOUTHCOASTCF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
LGBTQ+ Led
Logo for "SOUTHCOAST COMMUNITY FOUNDATION INC"

SOUTHCOAST COMMUNITY FOUNDATION INC

NEW BEDFORD, MA, US
•
501(c)(3)
•
EIN
04-3280353
•
WWW.SOUTHCOASTCF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Grants Given
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,660,451

Contributions
61%
Investments
18%
Other
14%
Government Grants
6%
Fundraising Events
1%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$7,539,209

Grants
50%
Salaries & Benefits
22%
Fees to Service Providers
20%
Other
4%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$7,765,606
$7,151,742
-8%
Government Grants
$1,624,929
$660,711
-59%
Fundraising Events
$175,957
$150,322
-15%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,172,909
$2,064,542
+76%
Other
-$243,630
$1,633,134
-770%
Total Revenues
$10,495,771
$11,660,451
+11%
Expenses
2023
2024
Change
Grants
$6,231,826
$3,805,056
-39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,577,486
$1,687,254
+7%
Fees to Service Providers
$1,631,449
$1,522,260
-7%
Advertising & Promotion
$73,051
$72,659
-1%
Offices, Occupancy & IT
$322,779
$141,091
-56%
Interest
$0
$0
-
Depreciation
$9,693
$5,969
-38%
Other
$106,497
$304,920
+186%
Total Expenses
$9,952,781
$7,539,209
-24%
Net income
2023
2024
Change
Net income
+$542,990
+$4,121,242
+659%
Functional Expenses
Summary
2023
2024
Change
Program
$8,591,359
$6,441,003
-25%
Admin
$851,248
$797,603
-6%
Fundraising
$510,174
$300,603
-41%
Total Expenses
$9,952,781
$7,539,209
-24%
Income Statement
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