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Presbyterian Villages of Michigan Foundation

Presbyterian Villages of Michigan Foundation

Southfield, MI, US
501(c)3
EIN
20-2559884
Regional Funder
funder logo

Presbyterian Villages of Michigan Foundation

Southfield, MI, US
501(c)3
EIN
20-2559884
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,492,783

Contributions
55%
Other
30%
Investments
15%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$6,847,722

Grants
83%
Salaries & Benefits
8%
Fees to Service Providers
4%
Other
3%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,604,894
$2,456,212
-6%
Government Grants
$0
$0
-
Fundraising Events
$219,921
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$704,843
$677,286
-4%
Other
-$233,981
$1,359,285
-681%
Total Revenues
$3,295,677
$4,492,783
+36%
Expenses
2023
2024
Change
Grants
$4,472,026
$5,653,006
+26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$575,782
$559,376
-3%
Fees to Service Providers
$304,390
$296,091
-3%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$151,908
$114,196
-25%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$255,051
$225,053
-12%
Total Expenses
$5,759,157
$6,847,722
+19%
Net income
2023
2024
Change
Net income
-$2,463,480
-$2,354,939
+4%
Functional Expenses
Summary
2023
2024
Change
Program
$4,472,026
$5,669,793
+27%
Admin
$418,920
$371,859
-11%
Fundraising
$868,211
$806,070
-7%
Total Expenses
$5,759,157
$6,847,722
+19%
Income Statement
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