STARK ECONOMIC DEVELOPMENT BOARD INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$1,728,680
Contributions
62%
Government Grants
28%
Investments
4%
Program Services
4%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$2,205,236
Salaries & Benefits
53%
Other
34%
Fees to Service Providers
5%
Offices, Occupancy & IT
3%
Grants
3%
Advertising & Promotion
1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$2,902,974
$1,067,584
-63%
Government Grants
$272,500
$477,600
+75%
Fundraising Events
$0
$0
-
Program Services
$69,600
$69,600
+0%
Membership Dues
$0
$0
-
Investments
$92,622
$73,409
-21%
Other
$12,354
$40,487
+228%
Total Revenues
$3,350,050
$1,728,680
-48%
Expenses
2024
2025
Change
Grants
$60,000
$62,100
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,044,423
$1,171,928
+12%
Fees to Service Providers
$128,069
$108,752
-15%
Advertising & Promotion
$79,410
$29,806
-62%
Offices, Occupancy & IT
$62,797
$64,384
+3%
Interest
$652
$493
-24%
Depreciation
$19,101
$19,458
+2%
Other
$866,376
$748,315
-14%
Total Expenses
$2,260,828
$2,205,236
-2%
Net income
2024
2025
Change
Net income
+$1,089,222
-$476,556
-144%
Functional Expenses
Summary
2024
2025
Change
Program
$1,958,077
$1,891,336
-3%
Admin
$250,530
$255,304
+2%
Fundraising
$52,221
$58,596
+12%
Total Expenses
$2,260,828
$2,205,236
-2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)