funder logo

GRAND HAVEN AREA COMMUNITY FOUNDATION INC

GRAND HAVEN AREA COMMUNITY FOUNDATION INC

Grand Haven, MI, US
501(c)3
EIN
23-7108776
DAF Sponsor
Community Foundation
Regional Funder
funder logo

GRAND HAVEN AREA COMMUNITY FOUNDATION INC

Grand Haven, MI, US
501(c)3
EIN
23-7108776
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$21,451,520

Other
47%
Contributions
33%
Investments
19%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$14,250,690

Grants
83%
Salaries & Benefits
11%
Other
2%
Fees to Service Providers
2%
Depreciation
1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,726,941
$7,179,499
+7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,943,880
$4,148,873
+5%
Other
$6,673,505
$10,123,148
+52%
Total Revenues
$17,344,326
$21,451,520
+24%
Expenses
2023
2024
Change
Grants
$9,424,307
$11,826,939
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,523,920
$1,629,083
+7%
Fees to Service Providers
$281,724
$230,444
-18%
Advertising & Promotion
$56,401
$46,951
-17%
Offices, Occupancy & IT
$148,216
$128,089
-14%
Interest
$0
$0
-
Depreciation
$79,606
$147,650
+85%
Other
$248,041
$241,534
-3%
Total Expenses
$11,762,215
$14,250,690
+21%
Net income
2023
2024
Change
Net income
+$5,582,111
+$7,200,830
+29%
Functional Expenses
Summary
2023
2024
Change
Program
$10,010,583
$12,422,750
+24%
Admin
$1,078,330
$1,210,202
+12%
Fundraising
$673,302
$617,738
-8%
Total Expenses
$11,762,215
$14,250,690
+21%
Income Statement
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