VOTO LATINO FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$7,753,654
Contributions
96%
Other
2%
Investments
<1%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$14,025,765
Fees to Service Providers
75%
Salaries & Benefits
13%
Other
10%
Offices, Occupancy & IT
1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,962,067
$7,465,954
-25%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$51,000
$50,000
-2%
Membership Dues
$0
$0
-
Investments
$17,587
$65,051
+270%
Other
$6,822
$172,649
+2431%
Total Revenues
$10,037,476
$7,753,654
-23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$589,537
$1,850,663
+214%
Fees to Service Providers
$1,418,345
$10,584,029
+646%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$120,780
$191,060
+58%
Interest
$0
$0
-
Depreciation
$24,897
$31,139
+25%
Other
$1,070,705
$1,368,874
+28%
Total Expenses
$3,224,264
$14,025,765
+335%
Net income
2023
2024
Change
Net income
+$6,813,212
-$6,272,111
-192%
Functional Expenses
Summary
2023
2024
Change
Program
$1,881,495
$11,601,455
+517%
Admin
$574,438
$921,385
+60%
Fundraising
$768,331
$1,502,925
+96%
Total Expenses
$3,224,264
$14,025,765
+335%
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