MAGNIFY MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$181,138
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$202,009
Other
93%
Advertising & Promotion
6%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$116,241
$181,138
+56%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$116,241
$181,138
+56%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,490
$1,475
-1%
Advertising & Promotion
$302
$12,836
+4150%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$83,510
$187,698
+125%
Total Expenses
$85,302
$202,009
+137%
Net income
2023
2024
Change
Net income
+$30,939
-$20,871
-167%
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