KINNECT INC FORMERLY KNOWN AS WAITING CHILD FUND

KINNECT INC FORMERLY KNOWN AS WAITING CHILD FUND

Cleveland, OH, US
•
501(c)3
•
EIN
20-2727509
•
WWW.KINNECTOHIO.ORG/

KINNECT INC FORMERLY KNOWN AS WAITING CHILD FUND

Cleveland, OH, US
•
501(c)3
•
EIN
20-2727509
•
WWW.KINNECTOHIO.ORG/
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$15,185,249

Program Services
95%
Government Grants
4%
Contributions
<1%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Investments
0%
Expenses in 2024

$15,136,208

Salaries & Benefits
37%
Fees to Service Providers
36%
Other
16%
Advertising & Promotion
6%
Offices, Occupancy & IT
5%
Interest
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$68,947
$146,833
+113%
Government Grants
$220,383
$536,297
+143%
Fundraising Events
$39,448
$33,417
-15%
Program Services
$13,611,249
$14,434,878
+6%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$25,126
$33,824
+35%
Total Revenues
$13,965,153
$15,185,249
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,172,923
$5,648,159
+9%
Fees to Service Providers
$5,122,579
$5,439,914
+6%
Advertising & Promotion
$963,833
$835,990
-13%
Offices, Occupancy & IT
$833,247
$719,668
-14%
Interest
$42,945
$56,399
+31%
Depreciation
$15,511
$14,377
-7%
Other
$1,878,742
$2,421,701
+29%
Total Expenses
$14,029,780
$15,136,208
+8%
Net income
2023
2024
Change
Net income
-$64,627
+$49,041
-176%
Functional Expenses
Summary
2023
2024
Change
Program
$13,859,636
$15,015,303
+8%
Admin
$133,005
$85,914
-35%
Fundraising
$37,139
$34,991
-6%
Total Expenses
$14,029,780
$15,136,208
+8%
Income Statement
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