FARMER FOODSHARE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,411,005
Program Services
61%
Contributions
22%
Government Grants
17%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,082,542
Other
53%
Salaries & Benefits
26%
Grants
10%
Offices, Occupancy & IT
5%
Fees to Service Providers
3%
Depreciation
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$502,127
$740,871
+48%
Government Grants
$540,067
$575,572
+7%
Fundraising Events
$0
$0
-
Program Services
$1,285,050
$2,090,449
+63%
Membership Dues
$0
$0
-
Investments
$604
$1,699
+181%
Other
$15,776
$2,414
-85%
Total Revenues
$2,343,624
$3,411,005
+46%
Expenses
2023
2024
Change
Grants
$157,631
$302,044
+92%
Benefits to Members
$0
$0
-
Salaries & Benefits
$439,315
$789,031
+80%
Fees to Service Providers
$110,682
$103,398
-7%
Advertising & Promotion
$461
$12,139
+2533%
Offices, Occupancy & IT
$56,848
$163,293
+187%
Interest
$0
$0
-
Depreciation
$2,410
$73,687
+2958%
Other
$1,133,883
$1,638,950
+45%
Total Expenses
$1,901,230
$3,082,542
+62%
Net income
2023
2024
Change
Net income
+$442,394
+$328,463
-26%
Functional Expenses
Summary
2023
2024
Change
Program
$1,652,104
$2,788,955
+69%
Admin
$199,508
$165,437
-17%
Fundraising
$49,618
$128,150
+158%
Total Expenses
$1,901,230
$3,082,542
+62%
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