Income Statement

Fiscal Year: 2017
Oct 1, 2016 – Jun 2, 2017
Closed

This organization closed in 2017. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Revenues in 2017
$2,055,678
Government Grants
75%
Program Services
17%
Contributions
7%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2017
$3,361,937
Depreciation
44%
Interest
40%
Other
15%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2016
2017
Change
Contributions
$142,996
$144,035
+1%
Government Grants
$2,018,303
$1,534,560
-24%
Fundraising Events
$0
$0
-
Program Services
$822,633
$356,456
-57%
Membership Dues
$0
$0
-
Investments
$1,088
$364
-67%
Other
$286
$20,263
+6985%
Total Revenues
$2,985,306
$2,055,678
-31%
Expenses
2016
2017
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$41,499
$33,389
-20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$2,027,015
$1,348,431
-33%
Depreciation
$2,247,369
$1,462,932
-35%
Other
$823,942
$517,185
-37%
Total Expenses
$5,139,825
$3,361,937
-35%
Net income
2016
2017
Change
Net income
-$2,154,519
-$1,306,259
+39%
Functional Expenses
Summary
2016
2017
Change
Program
$4,634,092
$3,018,871
-35%
Admin
$505,733
$343,066
-32%
Fundraising
$0
$0
-
Total Expenses
$5,139,825
$3,361,937
-35%