funder logo

LANSING ECONOMIC AREA PARTNERSHIP
Pub 78

LANSING ECONOMIC AREA PARTNERSHIP
Pub 78

Lansing, MI, US
501(c)(6)
EIN
20-8132313
Regional Funder
funder logo

LANSING ECONOMIC AREA PARTNERSHIP
Pub 78

Lansing, MI, US
501(c)(6)
EIN
20-8132313
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$27,497,893

Contributions
91%
Program Services
6%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$30,041,990

Grants
91%
Salaries & Benefits
6%
Fees to Service Providers
1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$43,933,896
$25,001,478
-43%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,649,222
$1,782,593
+8%
Membership Dues
$0
$0
-
Investments
$376,972
$501,576
+33%
Other
$206,314
$212,246
+3%
Total Revenues
$46,166,404
$27,497,893
-40%
Expenses
2023
2024
Change
Grants
$42,104,330
$27,357,995
-35%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,707,378
$1,898,733
+11%
Fees to Service Providers
$350,834
$322,794
-8%
Advertising & Promotion
$76,544
$162,439
+112%
Offices, Occupancy & IT
$173,126
$169,530
-2%
Interest
$0
$0
-
Depreciation
$6,538
$2,474
-62%
Other
$155,751
$128,025
-18%
Total Expenses
$44,574,501
$30,041,990
-33%
Net income
2023
2024
Change
Net income
+$1,591,903
-$2,544,097
-260%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$44,574,501
$30,041,990
-33%
Income Statement
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