NATIONAL ROWING FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,242,609
Contributions
62%
Other
26%
Investments
11%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,086,089
Grants
88%
Fees to Service Providers
5%
Offices, Occupancy & IT
3%
Other
3%
Salaries & Benefits
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$845,875
$773,877
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$110,370
$139,472
+26%
Other
$284,758
$329,260
+16%
Total Revenues
$1,241,003
$1,242,609
+0%
Expenses
2023
2024
Change
Grants
$822,546
$952,000
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,960
$17,060
+1%
Fees to Service Providers
$57,519
$50,903
-12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$27,948
$37,593
+35%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$23,428
$28,533
+22%
Total Expenses
$948,401
$1,086,089
+15%
Net income
2023
2024
Change
Net income
+$292,602
+$156,520
-47%
Functional Expenses
Summary
2023
2024
Change
Program
$840,399
$971,477
+16%
Admin
$108,002
$114,612
+6%
Fundraising
$0
$0
-
Total Expenses
$948,401
$1,086,089
+15%
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