Logo for "MANUFACTURING ADVOCACY & GROWTH NETWORK INC"

MANUFACTURING ADVOCACY & GROWTH NETWORK INC

MANUFACTURING ADVOCACY & GROWTH NETWORK INC

Cleveland, OH, US
501(c)3
EIN
34-1455043
Logo for "MANUFACTURING ADVOCACY & GROWTH NETWORK INC"

MANUFACTURING ADVOCACY & GROWTH NETWORK INC

Cleveland, OH, US
501(c)3
EIN
34-1455043

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$20,633,931

Government Grants
42%
Program Services
36%
Contributions
20%
Investments
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$18,413,228

Salaries & Benefits
44%
Other
23%
Fees to Service Providers
22%
Offices, Occupancy & IT
4%
Depreciation
2%
Advertising & Promotion
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,156,102
$4,229,718
+266%
Government Grants
$8,222,253
$8,664,713
+5%
Fundraising Events
$0
$0
-
Program Services
$6,921,696
$7,520,740
+9%
Membership Dues
$0
$0
-
Investments
$93,179
$213,260
+129%
Other
$1,745,812
$5,500
-100%
Total Revenues
$18,139,042
$20,633,931
+14%
Expenses
2023
2024
Change
Grants
$1,442,211
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,388,886
$8,192,190
+11%
Fees to Service Providers
$3,232,816
$4,107,959
+27%
Advertising & Promotion
$336,407
$380,167
+13%
Offices, Occupancy & IT
$668,250
$800,738
+20%
Interest
$366,136
$165,620
-55%
Depreciation
$452,016
$459,471
+2%
Other
$5,125,822
$4,307,083
-16%
Total Expenses
$19,012,544
$18,413,228
-3%
Net income
2023
2024
Change
Net income
-$873,502
+$2,220,703
-354%
Functional Expenses
Summary
2023
2024
Change
Program
$14,457,362
$13,339,496
-8%
Admin
$4,342,191
$4,857,087
+12%
Fundraising
$212,991
$216,645
+2%
Total Expenses
$19,012,544
$18,413,228
-3%
Income Statement
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