FAITH COMMUNICATIONS CORP
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$2,451,559
Fundraising Events
98%
Investments
2%
Other
<1%
Contributions
0%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,433,027
Salaries & Benefits
58%
Other
33%
Offices, Occupancy & IT
7%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$2,479,689
$2,402,405
-3%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$28,210
$44,416
+57%
Other
$6,735
$4,738
-30%
Total Revenues
$2,514,634
$2,451,559
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,504,105
$1,407,632
-6%
Fees to Service Providers
$37,897
$30,541
-19%
Advertising & Promotion
$33,412
$15,779
-53%
Offices, Occupancy & IT
$197,723
$175,635
-11%
Interest
$1,886
$0
-100%
Depreciation
$0
$0
-
Other
$739,539
$803,440
+9%
Total Expenses
$2,514,562
$2,433,027
-3%
Net income
2023
2024
Change
Net income
+$72
+$18,532
+25639%
Functional Expenses
Summary
2023
2024
Change
Program
$1,818,946
$2,097,004
+15%
Admin
$657,719
$297,318
-55%
Fundraising
$37,897
$38,705
+2%
Total Expenses
$2,514,562
$2,433,027
-3%
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