Ribbon of Hope Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$275,691
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$340,387
Salaries & Benefits
61%
Offices, Occupancy & IT
15%
Advertising & Promotion
9%
Other
9%
Depreciation
5%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$303,372
$275,455
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$49
$236
+382%
Other
$0
$0
-
Total Revenues
$303,421
$275,691
-9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$98,558
$207,703
+111%
Fees to Service Providers
$16,605
$4,895
-71%
Advertising & Promotion
$12,593
$30,733
+144%
Offices, Occupancy & IT
$50,330
$49,521
-2%
Interest
$0
$0
-
Depreciation
$17,758
$17,782
+0%
Other
$157,894
$29,753
-81%
Total Expenses
$353,738
$340,387
-4%
Net income
2023
2024
Change
Net income
-$50,317
-$64,696
-29%
Functional Expenses
Summary
2023
2024
Change
Program
$113,651
$97,342
-14%
Admin
$201,067
$185,134
-8%
Fundraising
$39,020
$57,911
+48%
Total Expenses
$353,738
$340,387
-4%
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