funder logo

ESSENTIA HEALTH FOUNDATION

ESSENTIA HEALTH FOUNDATION

Duluth, MN, US
501(c)3
EIN
27-1984704
Single Organization Support
Regional Funder
funder logo

ESSENTIA HEALTH FOUNDATION

Duluth, MN, US
501(c)3
EIN
27-1984704
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$6,625,087

Contributions
52%
Other
35%
Investments
12%
Fundraising Events
<1%
Government Grants
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$21,450,522

Grants
84%
Salaries & Benefits
10%
Fees to Service Providers
4%
Other
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,572,678
$3,420,844
+33%
Government Grants
$0
$3,451
-
Fundraising Events
$35,474
$41,868
+18%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$633,634
$823,613
+30%
Other
$2,266,883
$2,335,311
+3%
Total Revenues
$5,508,669
$6,625,087
+20%
Expenses
2023
2024
Change
Grants
$1,967,103
$18,095,883
+820%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,454,770
$2,050,380
+41%
Fees to Service Providers
$764,865
$774,945
+1%
Advertising & Promotion
$14,961
$3,626
-76%
Offices, Occupancy & IT
$100,312
$81,544
-19%
Interest
$0
$0
-
Depreciation
$6,048
$1,123
-81%
Other
$443,000
$443,021
+0%
Total Expenses
$4,751,059
$21,450,522
+351%
Net income
2023
2024
Change
Net income
+$757,610
-$14,825,435
-2057%
Functional Expenses
Summary
2023
2024
Change
Program
$2,599,725
$18,583,629
+615%
Admin
$1,423,336
$1,916,310
+35%
Fundraising
$727,998
$950,583
+31%
Total Expenses
$4,751,059
$21,450,522
+351%
Income Statement
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