GROW BROOKLYN INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$1,500,978
Government Grants
>99%
Contributions
<1%
Other
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,464,570
Salaries & Benefits
82%
Other
8%
Offices, Occupancy & IT
7%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$193,912
$5,693
-97%
Government Grants
$1,316,394
$1,492,882
+13%
Fundraising Events
$0
$0
-
Program Services
$5,600
$0
-100%
Membership Dues
$0
$0
-
Investments
$0
$3
-
Other
$421
$2,400
+470%
Total Revenues
$1,516,327
$1,500,978
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,105,395
$1,202,804
+9%
Fees to Service Providers
$22,125
$28,948
+31%
Advertising & Promotion
$11,058
$14,475
+31%
Offices, Occupancy & IT
$92,362
$103,554
+12%
Interest
$0
$0
-
Depreciation
$0
$3,060
-
Other
$103,764
$111,729
+8%
Total Expenses
$1,334,704
$1,464,570
+10%
Net income
2023
2024
Change
Net income
+$181,623
+$36,408
-80%
Functional Expenses
Summary
2023
2024
Change
Program
$1,306,394
$1,374,565
+5%
Admin
$28,310
$90,005
+218%
Fundraising
$0
$0
-
Total Expenses
$1,334,704
$1,464,570
+10%
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