WISEMAN MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,300,814
Program Services
59%
Contributions
36%
Other
5%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$2,523,431
Other
60%
Salaries & Benefits
23%
Offices, Occupancy & IT
8%
Depreciation
7%
Interest
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$426,773
$823,081
+93%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,674,674
$1,351,392
-19%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$425,172
$126,341
-70%
Total Revenues
$2,526,619
$2,300,814
-9%
Expenses
2023
2024
Change
Grants
$4,296
$2,000
-53%
Benefits to Members
$0
$0
-
Salaries & Benefits
$556,812
$577,157
+4%
Fees to Service Providers
$35,761
$10,006
-72%
Advertising & Promotion
$18,084
$5,659
-69%
Offices, Occupancy & IT
$215,444
$200,915
-7%
Interest
$11,912
$31,482
+164%
Depreciation
$166,165
$171,715
+3%
Other
$1,506,299
$1,524,497
+1%
Total Expenses
$2,514,773
$2,523,431
+0%
Net income
2023
2024
Change
Net income
+$11,846
-$222,617
-1979%
Functional Expenses
Summary
2023
2024
Change
Program
$1,704,065
$1,776,143
+4%
Admin
$810,708
$747,288
-8%
Fundraising
$0
$0
-
Total Expenses
$2,514,773
$2,523,431
+0%
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