INSPIRA HEALTH NETWORK INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$13,968,240
Other
77%
Government Grants
18%
Program Services
5%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,849,129
Grants
65%
Interest
17%
Offices, Occupancy & IT
16%
Fees to Service Providers
2%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$5,340,948
$2,500,000
-53%
Fundraising Events
$0
$0
-
Program Services
$673,976
$641,165
-5%
Membership Dues
$0
$0
-
Investments
$2,359,519
$135,503
-94%
Other
$81,070
$10,691,572
+13088%
Total Revenues
$8,455,513
$13,968,240
+65%
Expenses
2023
2024
Change
Grants
$5,250,000
$2,500,000
-52%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$167,539
$83,737
-50%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$642,510
$612,365
-5%
Interest
$811,114
$636,196
-22%
Depreciation
$4,859
$5,918
+22%
Other
$195,651
$10,913
-94%
Total Expenses
$7,071,673
$3,849,129
-46%
Net income
2023
2024
Change
Net income
+$1,383,840
+$10,119,111
+631%
Functional Expenses
Summary
2023
2024
Change
Program
$6,889,506
$3,714,217
-46%
Admin
$182,167
$134,912
-26%
Fundraising
$0
$0
-
Total Expenses
$7,071,673
$3,849,129
-46%
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