funder logo

THE PORTLAND FOUNDATION INC

THE PORTLAND FOUNDATION INC

Portland, IN, US
501(c)3
EIN
35-2019497
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE PORTLAND FOUNDATION INC

Portland, IN, US
501(c)3
EIN
35-2019497
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,542,258

Government Grants
75%
Investments
15%
Other
10%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,643,114

Grants
94%
Salaries & Benefits
3%
Fees to Service Providers
3%
Offices, Occupancy & IT
<1%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$2,690,863
$4,175,257
+55%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$603,623
$804,091
+33%
Other
$432,348
$562,910
+30%
Total Revenues
$3,726,834
$5,542,258
+49%
Expenses
2023
2024
Change
Grants
$840,383
$4,341,952
+417%
Benefits to Members
$0
$0
-
Salaries & Benefits
$118,881
$125,406
+5%
Fees to Service Providers
$99,111
$117,115
+18%
Advertising & Promotion
$1,234
$1,962
+59%
Offices, Occupancy & IT
$35,836
$35,932
+0%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$10,364
$20,747
+100%
Total Expenses
$1,105,809
$4,643,114
+320%
Net income
2023
2024
Change
Net income
+$2,621,025
+$899,144
-66%
Functional Expenses
Summary
2023
2024
Change
Program
$1,010,870
$4,535,567
+349%
Admin
$85,209
$96,345
+13%
Fundraising
$9,730
$11,202
+15%
Total Expenses
$1,105,809
$4,643,114
+320%
Income Statement
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