MAG INSTITUTE FOR EXCELLENCE IN MEDICINE INC

MAG INSTITUTE FOR EXCELLENCE IN MEDICINE INC

Atlanta, GA, US
501(c)3
EIN
30-0211350

MAG INSTITUTE FOR EXCELLENCE IN MEDICINE INC

Atlanta, GA, US
501(c)3
EIN
30-0211350

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$176,780

Government Grants
96%
Investments
3%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$122,554

Other
47%
Fees to Service Providers
42%
Offices, Occupancy & IT
11%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$1,012
-
Government Grants
$170,000
$170,000
+0%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,618
$5,768
+59%
Other
$0
$0
-
Total Revenues
$173,618
$176,780
+2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$46,000
$52,002
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$14,529
$13,194
-9%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$49,622
$57,358
+16%
Total Expenses
$110,151
$122,554
+11%
Net income
2023
2024
Change
Net income
+$63,467
+$54,226
-15%
Functional Expenses
Summary
2023
2024
Change
Program
$93,151
$105,554
+13%
Admin
$17,000
$17,000
+0%
Fundraising
$0
$0
-
Total Expenses
$110,151
$122,554
+11%
Income Statement
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