funder logo

ELY AREA COMMUNITY FOUNDATION INC

ELY AREA COMMUNITY FOUNDATION INC

Ely, MN, US
501(c)3
EIN
06-1770182
Community Foundation
Regional Funder
funder logo

ELY AREA COMMUNITY FOUNDATION INC

Ely, MN, US
501(c)3
EIN
06-1770182
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,382,905

Government Grants
87%
Contributions
5%
Investments
4%
Other
4%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$457,080

Grants
43%
Fees to Service Providers
20%
Other
16%
Offices, Occupancy & IT
9%
Depreciation
8%
Advertising & Promotion
4%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,527,351
$70,875
-95%
Government Grants
$0
$1,200,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$24,775
$59,372
+140%
Other
$0
$52,658
-
Total Revenues
$1,552,126
$1,382,905
-11%
Expenses
2023
2024
Change
Grants
$0
$196,963
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$30,745
$92,109
+200%
Advertising & Promotion
$20,000
$18,104
-9%
Offices, Occupancy & IT
$20,835
$41,660
+100%
Interest
$0
$0
-
Depreciation
$252
$36,621
+14432%
Other
$27,378
$71,623
+162%
Total Expenses
$99,210
$457,080
+361%
Net income
2023
2024
Change
Net income
+$1,452,916
+$925,825
-36%
Functional Expenses
Summary
2023
2024
Change
Program
$48,433
$362,125
+648%
Admin
$50,777
$34,955
-31%
Fundraising
$0
$60,000
-
Total Expenses
$99,210
$457,080
+361%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)