Logo for "COMMUNITY FOUNDATION OF LORAIN COUNTY"

COMMUNITY FOUNDATION OF LORAIN COUNTY

COMMUNITY FOUNDATION OF LORAIN COUNTY

Elyria, OH, US
501(c)3
EIN
34-1322781
DAF Sponsor
Community Foundation
Regional Funder
Logo for "COMMUNITY FOUNDATION OF LORAIN COUNTY"

COMMUNITY FOUNDATION OF LORAIN COUNTY

Elyria, OH, US
501(c)3
EIN
34-1322781
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$7,606,198

Contributions
45%
Investments
38%
Other
18%
Fundraising Events
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$7,962,148

Grants
69%
Salaries & Benefits
15%
Fees to Service Providers
9%
Offices, Occupancy & IT
2%
Other
2%
Advertising & Promotion
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,523,327
$3,390,005
-39%
Government Grants
$0
$0
-
Fundraising Events
$0
$7,526
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,298,373
$2,853,699
+24%
Other
$124,158
$1,354,968
+991%
Total Revenues
$7,945,858
$7,606,198
-4%
Expenses
2023
2024
Change
Grants
$5,933,520
$5,480,724
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,241,080
$1,231,958
-1%
Fees to Service Providers
$578,781
$705,356
+22%
Advertising & Promotion
$166,302
$160,454
-4%
Offices, Occupancy & IT
$199,739
$186,636
-7%
Interest
$0
$0
-
Depreciation
$19,155
$19,316
+1%
Other
$182,040
$177,704
-2%
Total Expenses
$8,320,617
$7,962,148
-4%
Net income
2023
2024
Change
Net income
-$374,759
-$355,950
+5%
Functional Expenses
Summary
2023
2024
Change
Program
$6,609,393
$6,163,149
-7%
Admin
$1,152,904
$1,207,475
+5%
Fundraising
$558,320
$591,524
+6%
Total Expenses
$8,320,617
$7,962,148
-4%
Income Statement
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