GLOBAL SERVICE NETWORK INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$11,397,987
Contributions
99%
Program Services
<1%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$10,941,519
Fees to Service Providers
81%
Grants
7%
Other
7%
Salaries & Benefits
5%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$10,634,999
$11,234,831
+6%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$74,999
$83,204
+11%
Membership Dues
$0
$0
-
Investments
$52,519
$78,136
+49%
Other
$2,195
$1,816
-17%
Total Revenues
$10,764,712
$11,397,987
+6%
Expenses
2023
2024
Change
Grants
$915,275
$795,078
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$495,180
$499,060
+1%
Fees to Service Providers
$8,324,911
$8,837,850
+6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$62,482
$53,533
-14%
Interest
$0
$0
-
Depreciation
$2,206
$866
-61%
Other
$847,472
$755,132
-11%
Total Expenses
$10,647,526
$10,941,519
+3%
Net income
2023
2024
Change
Net income
+$117,186
+$456,468
+290%
Functional Expenses
Summary
2023
2024
Change
Program
$9,721,146
$9,949,174
+2%
Admin
$514,169
$563,090
+10%
Fundraising
$412,211
$429,255
+4%
Total Expenses
$10,647,526
$10,941,519
+3%
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