Logo for "FOSTERING HOPE FOUNDATION"

FOSTERING HOPE FOUNDATION

FOSTERING HOPE FOUNDATION

Colorado Springs, CO, US
501(c)3
EIN
26-1991807
Subordinate Organization
Logo for "FOSTERING HOPE FOUNDATION"

FOSTERING HOPE FOUNDATION

Colorado Springs, CO, US
501(c)3
EIN
26-1991807
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,433,930

Contributions
72%
Other
16%
Investments
10%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,087,145

Salaries & Benefits
75%
Other
13%
Grants
8%
Fees to Service Providers
3%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$955,848
$1,030,466
+8%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$32,381
$28,049
-13%
Membership Dues
$0
$0
-
Investments
$78,511
$141,847
+81%
Other
$186,096
$233,568
+26%
Total Revenues
$1,252,836
$1,433,930
+14%
Expenses
2023
2024
Change
Grants
$0
$81,696
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$676,728
$811,206
+20%
Fees to Service Providers
$20,091
$30,405
+51%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$13,883
$21,987
+58%
Interest
$0
$0
-
Depreciation
$0
$4,894
-
Other
$217,330
$136,957
-37%
Total Expenses
$928,032
$1,087,145
+17%
Net income
2023
2024
Change
Net income
+$324,804
+$346,785
+7%
Functional Expenses
Summary
2023
2024
Change
Program
$720,805
$885,116
+23%
Admin
$53,320
$72,002
+35%
Fundraising
$153,907
$130,027
-16%
Total Expenses
$928,032
$1,087,145
+17%
Income Statement
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