funder logo

Ludacris Foundation Inc

Ludacris Foundation Inc

East Point, GA, US
501(c)(3)
EIN
36-4487042
Regional Funder
funder logo

Ludacris Foundation Inc

East Point, GA, US
501(c)(3)
EIN
36-4487042
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$237,020

Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024

$311,362

Grants
54%
Offices, Occupancy & IT
23%
Other
13%
Fees to Service Providers
6%
Depreciation
3%
Advertising & Promotion
1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$717,035
$237,020
-67%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$717,035
$237,020
-67%
Expenses
2023
2024
Change
Grants
$761,501
$167,240
-78%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$39,836
$18,716
-53%
Advertising & Promotion
$17,798
$4,305
-76%
Offices, Occupancy & IT
$43,020
$71,349
+66%
Interest
$0
$0
-
Depreciation
$9,023
$9,023
+0%
Other
$118,593
$40,729
-66%
Total Expenses
$989,771
$311,362
-69%
Net income
2023
2024
Change
Net income
-$272,736
-$74,342
+73%
Functional Expenses
Summary
2023
2024
Change
Program
$920,193
$212,681
-77%
Admin
$69,289
$98,681
+42%
Fundraising
$289
$0
-100%
Total Expenses
$989,771
$311,362
-69%
Income Statement
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