LACES OF LOVE CHARITABLE FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$824,879
Contributions
99%
Investments
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$525,065
Other
85%
Offices, Occupancy & IT
9%
Advertising & Promotion
4%
Fees to Service Providers
3%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$581,865
$813,673
+40%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,666
$10,660
+191%
Other
$937
$546
-42%
Total Revenues
$586,468
$824,879
+41%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,062
$13,131
+1136%
Advertising & Promotion
$10,224
$19,631
+92%
Offices, Occupancy & IT
$33,443
$48,574
+45%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$333,637
$443,729
+33%
Total Expenses
$378,366
$525,065
+39%
Net income
2023
2024
Change
Net income
+$208,102
+$299,814
+44%
Functional Expenses
Summary
2023
2024
Change
Program
$371,193
$503,756
+36%
Admin
$0
$0
-
Fundraising
$7,173
$21,309
+197%
Total Expenses
$378,366
$525,065
+39%
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