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Lakeland Regional Medical Center Foundation Inc

Lakeland Regional Medical Center Foundation Inc

Lakeland, FL, US
501(c)(3)
EIN
23-7134974
Fund Raising & Fund Distribution
Hospital
Regional Funder
funder logo

Lakeland Regional Medical Center Foundation Inc

Lakeland, FL, US
501(c)(3)
EIN
23-7134974
Fund Raising & Fund Distribution
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$2,741,180

Contributions
78%
Other
13%
Investments
7%
Fundraising Events
3%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$2,898,684

Grants
69%
Salaries & Benefits
20%
Other
10%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$4,093,340
$2,134,726
-48%
Government Grants
$0
$0
-
Fundraising Events
$120,970
$70,312
-42%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$69,418
$190,634
+175%
Other
-$275,876
$345,508
-225%
Total Revenues
$4,007,852
$2,741,180
-32%
Expenses
2023
2024
Change
Grants
$4,507,084
$2,001,336
-56%
Benefits to Members
$0
$0
-
Salaries & Benefits
$554,406
$588,566
+6%
Fees to Service Providers
-$5,353
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,881
$11,145
+128%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$282,958
$297,637
+5%
Total Expenses
$5,343,976
$2,898,684
-46%
Net income
2023
2024
Change
Net income
-$1,336,124
-$157,504
+88%
Functional Expenses
Summary
2023
2024
Change
Program
$4,507,084
$2,001,336
-56%
Admin
$361,774
$388,991
+8%
Fundraising
$475,118
$508,357
+7%
Total Expenses
$5,343,976
$2,898,684
-46%
Income Statement
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