PRINCETON FIRST AID AND RESCUE SQUAD
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,865,453
Program Services
65%
Contributions
24%
Government Grants
7%
Investments
4%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,686,173
Salaries & Benefits
55%
Other
21%
Depreciation
18%
Fees to Service Providers
3%
Offices, Occupancy & IT
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,174,912
$447,441
-62%
Government Grants
$0
$125,000
-
Fundraising Events
$0
$0
-
Program Services
$1,038,112
$1,206,281
+16%
Membership Dues
$0
$0
-
Investments
$96,678
$81,336
-16%
Other
$8,715
$5,395
-38%
Total Revenues
$2,318,417
$1,865,453
-20%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,163,903
$1,479,549
+27%
Fees to Service Providers
$66,420
$69,248
+4%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$45,213
$53,535
+18%
Interest
$25,649
$22,873
-11%
Depreciation
$500,492
$495,102
-1%
Other
$565,545
$565,866
+0%
Total Expenses
$2,367,222
$2,686,173
+13%
Net income
2023
2024
Change
Net income
-$48,805
-$820,720
-1582%
Functional Expenses
Summary
2023
2024
Change
Program
$1,817,311
$2,181,381
+20%
Admin
$400,701
$345,335
-14%
Fundraising
$149,210
$159,457
+7%
Total Expenses
$2,367,222
$2,686,173
+13%
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