Logo for "LOCAL FIRST ARIZONA FOUNDATION"

LOCAL FIRST ARIZONA FOUNDATION

LOCAL FIRST ARIZONA FOUNDATION

Phoenix, AZ, US
501(c)3
EIN
26-1657951
Regional Funder
Logo for "LOCAL FIRST ARIZONA FOUNDATION"

LOCAL FIRST ARIZONA FOUNDATION

Phoenix, AZ, US
501(c)3
EIN
26-1657951
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,547,800

Government Grants
54%
Contributions
37%
Fundraising Events
5%
Program Services
3%
Investments
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024

$10,235,173

Salaries & Benefits
54%
Fees to Service Providers
35%
Offices, Occupancy & IT
3%
Other
3%
Grants
3%
Advertising & Promotion
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,941,902
$3,946,766
+34%
Government Grants
$8,700,203
$5,747,619
-34%
Fundraising Events
$303,647
$482,923
+59%
Program Services
$1,098,370
$328,162
-70%
Membership Dues
$0
$0
-
Investments
$32,998
$31,096
-6%
Other
-$137,492
$11,234
-108%
Total Revenues
$12,939,628
$10,547,800
-18%
Expenses
2023
2024
Change
Grants
$5,636,008
$256,116
-95%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,551,311
$5,560,281
+22%
Fees to Service Providers
$1,995,204
$3,628,691
+82%
Advertising & Promotion
$229,255
$185,873
-19%
Offices, Occupancy & IT
$310,196
$285,369
-8%
Interest
$0
$0
-
Depreciation
$29,051
$42,204
+45%
Other
$279,314
$276,639
-1%
Total Expenses
$13,030,339
$10,235,173
-21%
Net income
2023
2024
Change
Net income
-$90,711
+$312,627
-445%
Functional Expenses
Summary
2023
2024
Change
Program
$12,334,231
$9,285,635
-25%
Admin
$486,097
$744,387
+53%
Fundraising
$210,011
$205,151
-2%
Total Expenses
$13,030,339
$10,235,173
-21%
Income Statement
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