American Principles Project Foundation
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,321,682
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$3,297,258
Fees to Service Providers
50%
Salaries & Benefits
20%
Other
19%
Advertising & Promotion
5%
Offices, Occupancy & IT
3%
Interest
2%
Grants
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,200,653
$4,321,682
+260%
Government Grants
$0
$0
-
Fundraising Events
$579,000
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$45
$0
-100%
Other
-$196,925
$0
-100%
Total Revenues
$1,582,773
$4,321,682
+173%
Expenses
2023
2024
Change
Grants
$150,000
$30,000
-80%
Benefits to Members
$0
$0
-
Salaries & Benefits
$692,266
$661,718
-4%
Fees to Service Providers
$303,370
$1,649,186
+444%
Advertising & Promotion
$86,928
$167,887
+93%
Offices, Occupancy & IT
$120,173
$98,112
-18%
Interest
$73,207
$61,486
-16%
Depreciation
$0
$0
-
Other
$237,396
$628,869
+165%
Total Expenses
$1,663,340
$3,297,258
+98%
Net income
2023
2024
Change
Net income
-$80,567
+$1,024,424
-1372%
Functional Expenses
Summary
2023
2024
Change
Program
$561,363
$1,793,678
+220%
Admin
$212,118
$906,386
+327%
Fundraising
$889,859
$597,194
-33%
Total Expenses
$1,663,340
$3,297,258
+98%
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