Friends of McMaster Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,622,725
Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$4,622,702
Grants
>99%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,114,568
$4,621,725
+315%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$1,000
-
Total Revenues
$1,114,568
$4,622,725
+315%
Expenses
2023
2024
Change
Grants
$1,112,968
$4,621,725
+315%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,208
$977
-19%
Total Expenses
$1,114,176
$4,622,702
+315%
Net income
2023
2024
Change
Net income
+$392
+$23
-94%
Functional Expenses
Summary
2023
2024
Change
Program
$1,112,968
$4,621,725
+315%
Admin
$1,208
$977
-19%
Fundraising
$0
$0
-
Total Expenses
$1,114,176
$4,622,702
+315%
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