EDUCATION IS FREEDOM FOUNDATION
Income Statement
Fiscal Year Start:
Aug 1
Revenues in 2023
$5,042,271
Program Services
86%
Government Grants
9%
Contributions
4%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2023
$4,372,074
Salaries & Benefits
74%
Other
15%
Offices, Occupancy & IT
9%
Grants
1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$725,008
$208,896
-71%
Government Grants
$360,100
$471,143
+31%
Fundraising Events
$0
$0
-
Program Services
$2,371,008
$4,361,102
+84%
Membership Dues
$0
$0
-
Investments
$720
$1,130
+57%
Other
$0
$0
-
Total Revenues
$3,456,836
$5,042,271
+46%
Expenses
2022
2023
Change
Grants
$88,344
$58,765
-33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,470,489
$3,243,576
+31%
Fees to Service Providers
$14,463
$0
-100%
Advertising & Promotion
$0
$7,409
-
Offices, Occupancy & IT
$407,385
$379,644
-7%
Interest
$0
$0
-
Depreciation
$7,600
$11,160
+47%
Other
$286,302
$671,520
+135%
Total Expenses
$3,274,583
$4,372,074
+34%
Net income
2022
2023
Change
Net income
+$182,253
+$670,197
+268%
Functional Expenses
Summary
2022
2023
Change
Program
$2,763,245
$3,404,198
+23%
Admin
$364,529
$690,991
+90%
Fundraising
$146,809
$276,885
+89%
Total Expenses
$3,274,583
$4,372,074
+34%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)