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Fremont Area Community Foundation
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Fremont Area Community Foundation
Fremont, MI, US
•
501(c)3
•
EIN
38-1443367
•
WWW.FACOMMUNITYFOUNDATION.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Fremont Area Community Foundation
Sign up to claim this org
Fremont, MI, US
•
501(c)3
•
EIN
38-1443367
•
WWW.FACOMMUNITYFOUNDATION.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$15,175,959
Investments
57%
Other
26%
Contributions
15%
Program Services
2%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in
2024
$12,858,682
Grants
67%
Salaries & Benefits
19%
Other
7%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,218,944
$2,258,870
-30%
Government Grants
$1,250,000
$0
-100%
Fundraising Events
$0
$5,913
-
Program Services
$339,016
$365,611
+8%
Membership Dues
$0
$0
-
Investments
$7,616,960
$8,652,961
+14%
Other
$2,438,714
$3,892,604
+60%
Total Revenues
$14,863,634
$15,175,959
+2%
Expenses
2023
2024
Change
Grants
$7,329,890
$8,564,044
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,182,778
$2,449,193
+12%
Fees to Service Providers
$274,360
$402,004
+47%
Advertising & Promotion
$11,719
$15,479
+32%
Offices, Occupancy & IT
$371,318
$455,917
+23%
Interest
$0
$0
-
Depreciation
$84,821
$100,293
+18%
Other
$420,400
$871,752
+107%
Total Expenses
$10,675,286
$12,858,682
+20%
Net income
2023
2024
Change
Net income
+$4,188,348
+$2,317,277
-45%
Functional Expenses
Summary
2023
2024
Change
Program
$8,143,506
$9,974,658
+22%
Admin
$2,125,115
$2,299,588
+8%
Fundraising
$406,665
$584,436
+44%
Total Expenses
$10,675,286
$12,858,682
+20%
Income Statement
