SOULFORCE INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,017,676
Contributions
99%
Program Services
1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,167,527
Other
70%
Salaries & Benefits
28%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$906,736
$1,006,895
+11%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,521
$10,753
+607%
Membership Dues
$0
$0
-
Investments
$4
$28
+600%
Other
$0
$0
-
Total Revenues
$908,261
$1,017,676
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$304,764
$324,692
+7%
Fees to Service Providers
$3,204
$4,321
+35%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$9,786
$17,709
+81%
Interest
$0
$0
-
Depreciation
$6,675
$1,968
-71%
Other
$890,352
$818,837
-8%
Total Expenses
$1,214,781
$1,167,527
-4%
Net income
2023
2024
Change
Net income
-$306,520
-$149,851
+51%
Functional Expenses
Summary
2023
2024
Change
Program
$1,058,781
$968,531
-9%
Admin
$60,443
$76,392
+26%
Fundraising
$95,557
$122,604
+28%
Total Expenses
$1,214,781
$1,167,527
-4%
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