FARAJA FUND FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,241,354
Contributions
92%
Investments
6%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$759,063
Grants
71%
Salaries & Benefits
17%
Other
10%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$923,631
$1,137,259
+23%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$37,935
$79,428
+109%
Other
$13,709
$24,667
+80%
Total Revenues
$975,275
$1,241,354
+27%
Expenses
2023
2024
Change
Grants
$452,792
$536,584
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$140,172
$129,600
-8%
Fees to Service Providers
$16,303
$17,747
+9%
Advertising & Promotion
$2,284
$0
-100%
Offices, Occupancy & IT
$0
$242
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$51,663
$74,890
+45%
Total Expenses
$663,214
$759,063
+14%
Net income
2023
2024
Change
Net income
+$312,061
+$482,291
+55%
Functional Expenses
Summary
2023
2024
Change
Program
-
$578,225
-
Admin
-
$103,078
-
Fundraising
-
$77,760
-
Total Expenses
$663,214
$759,063
+14%
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