FAITHHEALTHINNOVATIONS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$66,440
Program Services
77%
Contributions
19%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$166,170
Fees to Service Providers
45%
Grants
31%
Other
10%
Advertising & Promotion
9%
Offices, Occupancy & IT
5%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$29,395
$12,760
-57%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$58,941
$50,973
-14%
Membership Dues
$0
$0
-
Investments
$4,007
$2,707
-32%
Other
$76,765
$0
-100%
Total Revenues
$169,108
$66,440
-61%
Expenses
2023
2024
Change
Grants
$82,538
$51,029
-38%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$105,352
$74,515
-29%
Advertising & Promotion
$28,830
$15,355
-47%
Offices, Occupancy & IT
$21,829
$8,696
-60%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$38,987
$16,575
-57%
Total Expenses
$277,536
$166,170
-40%
Net income
2023
2024
Change
Net income
-$108,428
-$99,730
+8%
Functional Expenses
Summary
2023
2024
Change
Program
$273,271
$165,395
-39%
Admin
$4,265
$775
-82%
Fundraising
$0
$0
-
Total Expenses
$277,536
$166,170
-40%
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