FORGE CITY WORKS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,983,909
Contributions
55%
Program Services
43%
Other
1%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$6,198,451
Salaries & Benefits
59%
Other
22%
Offices, Occupancy & IT
11%
Fees to Service Providers
5%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,041,717
$3,311,607
-45%
Government Grants
$0
$0
-
Fundraising Events
$240,365
$6,409
-97%
Program Services
$1,275,250
$2,600,610
+104%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$65,283
-
Total Revenues
$7,557,332
$5,983,909
-21%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,421,759
$3,648,375
+51%
Fees to Service Providers
$860,201
$335,121
-61%
Advertising & Promotion
$62,485
$49,939
-20%
Offices, Occupancy & IT
$347,790
$657,084
+89%
Interest
$112,353
$56,554
-50%
Depreciation
$76,863
$118,558
+54%
Other
$286,816
$1,332,820
+365%
Total Expenses
$4,168,267
$6,198,451
+49%
Net income
2023
2024
Change
Net income
+$3,389,065
-$214,542
-106%
Functional Expenses
Summary
2023
2024
Change
Program
$3,439,827
$5,275,313
+53%
Admin
$569,348
$717,562
+26%
Fundraising
$159,092
$205,576
+29%
Total Expenses
$4,168,267
$6,198,451
+49%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)