funder logo

The Foundation for Community Betterment

The Foundation for Community Betterment

Springfield, VA, US
501(c)3
EIN
31-1724638
funder logo

The Foundation for Community Betterment

Springfield, VA, US
501(c)3
EIN
31-1724638

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$194,081

Contributions
52%
Other
48%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$148,113

Grants
50%
Salaries & Benefits
37%
Other
6%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$63,841
$100,088
+57%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$239,083
$93,993
-61%
Total Revenues
$302,924
$194,081
-36%
Expenses
2023
2024
Change
Grants
$225,127
$73,923
-67%
Benefits to Members
$0
$0
-
Salaries & Benefits
$48,436
$54,490
+12%
Fees to Service Providers
$9,376
$5,374
-43%
Advertising & Promotion
$1,194
$942
-21%
Offices, Occupancy & IT
$10,155
$4,689
-54%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$6,782
$8,695
+28%
Total Expenses
$301,070
$148,113
-51%
Net income
2023
2024
Change
Net income
+$1,854
+$45,968
+2379%
Functional Expenses
Summary
2023
2024
Change
Program
$273,563
$128,413
-53%
Admin
$27,507
$19,700
-28%
Fundraising
$0
$0
-
Total Expenses
$301,070
$148,113
-51%
Income Statement
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