GLOBAL EQUIP INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$368,527
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$402,330
Grants
64%
Salaries & Benefits
30%
Other
3%
Advertising & Promotion
1%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$254,910
$368,255
+44%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$238
$272
+14%
Other
$3
$0
-100%
Total Revenues
$255,151
$368,527
+44%
Expenses
2023
2024
Change
Grants
$108,418
$257,061
+137%
Benefits to Members
$0
$0
-
Salaries & Benefits
$114,000
$120,000
+5%
Fees to Service Providers
$2,400
$2,900
+21%
Advertising & Promotion
$0
$5,081
-
Offices, Occupancy & IT
$1,899
$4,715
+148%
Interest
$0
$0
-
Depreciation
$532
$437
-18%
Other
$30,864
$12,136
-61%
Total Expenses
$258,113
$402,330
+56%
Net income
2023
2024
Change
Net income
-$2,962
-$33,803
-1041%
Functional Expenses
Summary
2023
2024
Change
Program
$242,333
$384,499
+59%
Admin
$15,780
$17,831
+13%
Fundraising
$0
$0
-
Total Expenses
$258,113
$402,330
+56%
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