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WASHINGTON STATE MICROENTERPRISE ASSOCIATION

WASHINGTON STATE MICROENTERPRISE ASSOCIATION

Olympia, WA, US
501(c)3
EIN
30-0434103
Regional Funder
funder logo

WASHINGTON STATE MICROENTERPRISE ASSOCIATION

Olympia, WA, US
501(c)3
EIN
30-0434103
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,015,470

Government Grants
>99%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$2,724,382

Grants
76%
Salaries & Benefits
15%
Fees to Service Providers
3%
Other
3%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,881
$0
-100%
Government Grants
$3,826,970
$4,999,282
+31%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$9,153
$16,188
+77%
Other
$0
$0
-
Total Revenues
$3,838,004
$5,015,470
+31%
Expenses
2023
2024
Change
Grants
$2,445,732
$2,071,707
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$241,122
$409,302
+70%
Fees to Service Providers
$52,537
$82,323
+57%
Advertising & Promotion
$2,363
$3,786
+60%
Offices, Occupancy & IT
$42,579
$66,901
+57%
Interest
$0
$0
-
Depreciation
$1,338
$10,493
+684%
Other
$47,867
$79,870
+67%
Total Expenses
$2,833,538
$2,724,382
-4%
Net income
2023
2024
Change
Net income
+$1,004,466
+$2,291,088
+128%
Functional Expenses
Summary
2023
2024
Change
Program
$2,686,943
$2,518,956
-6%
Admin
$146,595
$205,426
+40%
Fundraising
$0
$0
-
Total Expenses
$2,833,538
$2,724,382
-4%
Income Statement
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