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Laredo Area Community Foundation

Laredo Area Community Foundation

Laredo, TX, US
501(c)3
EIN
31-1742706
DAF Sponsor
Community Foundation
Regional Funder
funder logo

Laredo Area Community Foundation

Laredo, TX, US
501(c)3
EIN
31-1742706
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,686,911

Investments
56%
Contributions
44%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,119,859

Grants
66%
Fees to Service Providers
26%
Salaries & Benefits
5%
Other
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,303,814
$748,533
-43%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$439,740
$938,378
+113%
Other
$0
$0
-
Total Revenues
$1,743,554
$1,686,911
-3%
Expenses
2023
2024
Change
Grants
$651,893
$734,733
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$63,906
$59,900
-6%
Fees to Service Providers
$276,795
$295,841
+7%
Advertising & Promotion
$1,332
$500
-62%
Offices, Occupancy & IT
$2,827
$3,410
+21%
Interest
$0
$0
-
Depreciation
$1,445
$1,445
+0%
Other
$18,098
$24,030
+33%
Total Expenses
$1,016,296
$1,119,859
+10%
Net income
2023
2024
Change
Net income
+$727,258
+$567,052
-22%
Functional Expenses
Summary
2023
2024
Change
Program
$907,714
$1,017,237
+12%
Admin
$108,582
$102,622
-5%
Fundraising
$0
$0
-
Total Expenses
$1,016,296
$1,119,859
+10%
Income Statement
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