SAN MIGUEL ACADEMY OF NEWBURGH

SAN MIGUEL ACADEMY OF NEWBURGH

NEWBURGH, NY, US
501(c)(3)
EIN
20-4717497
School

SAN MIGUEL ACADEMY OF NEWBURGH

NEWBURGH, NY, US
501(c)(3)
EIN
20-4717497
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,387,869

Contributions
74%
Fundraising Events
17%
Investments
6%
Program Services
2%
Other
<1%
Government Grants
<1%
Membership Dues
0%
Expenses in 2024

$1,201,732

Salaries & Benefits
53%
Other
31%
Depreciation
7%
Fees to Service Providers
4%
Advertising & Promotion
2%
Offices, Occupancy & IT
2%
Interest
1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$807,573
$1,023,948
+27%
Government Grants
$68,863
$1,531
-98%
Fundraising Events
$235,402
$239,469
+2%
Program Services
$43,572
$30,985
-29%
Membership Dues
$0
$0
-
Investments
$56,719
$89,094
+57%
Other
$23,649
$2,842
-88%
Total Revenues
$1,235,778
$1,387,869
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$742,382
$640,636
-14%
Fees to Service Providers
$72,945
$47,247
-35%
Advertising & Promotion
$18,414
$22,829
+24%
Offices, Occupancy & IT
$28,729
$22,365
-22%
Interest
$18,044
$17,379
-4%
Depreciation
$81,323
$81,600
+0%
Other
$347,127
$369,676
+6%
Total Expenses
$1,308,964
$1,201,732
-8%
Net income
2023
2024
Change
Net income
-$73,186
+$186,137
-354%
Functional Expenses
Summary
2023
2024
Change
Program
$910,438
$809,360
-11%
Admin
$258,421
$240,172
-7%
Fundraising
$140,105
$152,200
+9%
Total Expenses
$1,308,964
$1,201,732
-8%
Income Statement
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