SHENG-YEN LU FOUNDATION

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,796,335
Other
51%
Contributions
34%
Investments
15%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,601,527
Grants
87%
Salaries & Benefits
5%
Fees to Service Providers
4%
Offices, Occupancy & IT
2%
Other
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,382,915
$603,881
-56%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$225,750
$276,457
+22%
Other
$434,542
$915,997
+111%
Total Revenues
$2,043,207
$1,796,335
-12%
Expenses
2023
2024
Change
Grants
$2,008,990
$2,260,541
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$112,194
$130,223
+16%
Fees to Service Providers
$87,290
$108,371
+24%
Advertising & Promotion
$1,817
$2,750
+51%
Offices, Occupancy & IT
$81,845
$64,048
-22%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$30,710
$35,594
+16%
Total Expenses
$2,322,846
$2,601,527
+12%
Net income
2023
2024
Change
Net income
-$279,639
-$805,192
-188%
Functional Expenses
Summary
2023
2024
Change
Program
$2,174,639
$2,430,159
+12%
Admin
$137,088
$160,435
+17%
Fundraising
$11,119
$10,933
-2%
Total Expenses
$2,322,846
$2,601,527
+12%
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