THE BIOLOGOS FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,880,509
Contributions
93%
Program Services
5%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,891,315
Salaries & Benefits
60%
Fees to Service Providers
14%
Other
12%
Offices, Occupancy & IT
11%
Advertising & Promotion
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,177,583
$2,686,289
+23%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$26,704
$136,767
+412%
Membership Dues
$0
$0
-
Investments
$35,345
$56,805
+61%
Other
$16,116
$648
-96%
Total Revenues
$2,255,748
$2,880,509
+28%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,475,612
$1,720,703
+17%
Fees to Service Providers
$385,722
$411,246
+7%
Advertising & Promotion
$49,163
$76,276
+55%
Offices, Occupancy & IT
$282,788
$304,862
+8%
Interest
$0
$0
-
Depreciation
$27,576
$17,334
-37%
Other
$207,854
$360,894
+74%
Total Expenses
$2,428,715
$2,891,315
+19%
Net income
2023
2024
Change
Net income
-$172,967
-$10,806
+94%
Functional Expenses
Summary
2023
2024
Change
Program
$1,726,258
$2,041,631
+18%
Admin
$261,115
$374,971
+44%
Fundraising
$441,342
$474,713
+8%
Total Expenses
$2,428,715
$2,891,315
+19%
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