Victory Academy Inc
Income Statement
Fiscal Year Start:
Sep 1
Data visualization unavailable
Revenues in 2024
$5,609,704
Program Services
N/A
Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$4,248,603
Salaries & Benefits
82%
Offices, Occupancy & IT
7%
Depreciation
5%
Other
4%
Interest
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$495,531
$2,131,178
+330%
Government Grants
$0
$0
-
Fundraising Events
$941,519
$1,037,269
+10%
Program Services
$2,321,637
$2,466,407
+6%
Membership Dues
$0
$0
-
Investments
$18,339
$58,016
+216%
Other
-$69,805
-$83,166
+19%
Total Revenues
$3,707,221
$5,609,704
+51%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,088,233
$3,478,829
+13%
Fees to Service Providers
$20,509
$7,681
-63%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$240,783
$287,655
+19%
Interest
$95,582
$88,980
-7%
Depreciation
$212,208
$225,513
+6%
Other
$169,294
$159,945
-6%
Total Expenses
$3,826,609
$4,248,603
+11%
Net income
2023
2024
Change
Net income
-$119,388
+$1,361,101
-1240%
Functional Expenses
Summary
2023
2024
Change
Program
$3,295,333
$3,616,041
+10%
Admin
$455,629
$480,375
+5%
Fundraising
$75,647
$152,187
+101%
Total Expenses
$3,826,609
$4,248,603
+11%
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