GHENT AREA MINISTRY
Income Statement
Fiscal Year: 2024
Revenues in 2024
$99,831
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$114,687
Other
57%
Salaries & Benefits
22%
Offices, Occupancy & IT
17%
Advertising & Promotion
3%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$75,076
$99,831
+33%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$75,076
$99,831
+33%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,573
$25,068
+11%
Fees to Service Providers
$0
$1,538
-
Advertising & Promotion
$3,054
$3,495
+14%
Offices, Occupancy & IT
$16,576
$19,535
+18%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$26,622
$65,051
+144%
Total Expenses
$68,825
$114,687
+67%
Net income
2023
2024
Change
Net income
+$6,251
-$14,856
-338%
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