HEARTBEAT OF TOLEDO INC

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$864,841
Government Grants
40%
Contributions
36%
Other
20%
Investments
4%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$628,479
Salaries & Benefits
56%
Offices, Occupancy & IT
19%
Other
15%
Advertising & Promotion
5%
Depreciation
3%
Fees to Service Providers
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$364,688
$311,219
-15%
Government Grants
$215,388
$346,219
+61%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$32,986
$37,310
+13%
Other
$141,897
$170,093
+20%
Total Revenues
$754,959
$864,841
+15%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$369,286
$353,062
-4%
Fees to Service Providers
$12,741
$13,582
+7%
Advertising & Promotion
$22,722
$31,748
+40%
Offices, Occupancy & IT
$91,539
$119,377
+30%
Interest
$0
$0
-
Depreciation
$10,828
$17,325
+60%
Other
$94,666
$93,385
-1%
Total Expenses
$601,782
$628,479
+4%
Net income
2024
2025
Change
Net income
+$153,177
+$236,362
+54%
Functional Expenses
Summary
2024
2025
Change
Program
$488,995
$517,101
+6%
Admin
$105,870
$105,368
0%
Fundraising
$6,917
$6,010
-13%
Total Expenses
$601,782
$628,479
+4%
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