FOOD IN NEED OF DISTRIBUTION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$51,971,271
Contributions
63%
Government Grants
36%
Investments
<1%
Program Services
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$47,750,830
Grants
88%
Salaries & Benefits
6%
Other
2%
Depreciation
1%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$32,024,551
$32,796,435
+2%
Government Grants
$14,200,639
$18,615,472
+31%
Fundraising Events
$0
$0
-
Program Services
$200,119
$179,851
-10%
Membership Dues
$0
$0
-
Investments
$175,344
$332,031
+89%
Other
$21,197
$47,482
+124%
Total Revenues
$46,621,850
$51,971,271
+11%
Expenses
2023
2024
Change
Grants
$40,557,063
$42,103,159
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,584,543
$2,804,857
+9%
Fees to Service Providers
$255,691
$351,775
+38%
Advertising & Promotion
$176,782
$197,196
+12%
Offices, Occupancy & IT
$708,534
$542,590
-23%
Interest
$43,667
$42,591
-2%
Depreciation
$513,014
$621,696
+21%
Other
$1,003,716
$1,086,966
+8%
Total Expenses
$45,843,010
$47,750,830
+4%
Net income
2023
2024
Change
Net income
+$778,840
+$4,220,441
+442%
Functional Expenses
Summary
2023
2024
Change
Program
$44,394,468
$45,934,272
+3%
Admin
$817,757
$1,223,532
+50%
Fundraising
$630,785
$593,026
-6%
Total Expenses
$45,843,010
$47,750,830
+4%
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