GREATER MIDLAND COMMUNITY CTRS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$15,284,643
Program Services
58%
Contributions
36%
Other
4%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$19,258,066
Salaries & Benefits
45%
Depreciation
23%
Fees to Service Providers
13%
Offices, Occupancy & IT
9%
Other
8%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,459,584
$5,448,510
+57%
Government Grants
$5,000,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$8,099,181
$8,826,597
+9%
Membership Dues
$0
$0
-
Investments
$668,415
$326,015
-51%
Other
$1,006,655
$683,521
-32%
Total Revenues
$18,233,835
$15,284,643
-16%
Expenses
2023
2024
Change
Grants
$119,866
$94,301
-21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,571,511
$8,747,440
+2%
Fees to Service Providers
$486,463
$2,583,898
+431%
Advertising & Promotion
$47,137
$35,564
-25%
Offices, Occupancy & IT
$2,160,024
$1,808,564
-16%
Interest
$0
$0
-
Depreciation
$2,092,096
$4,427,801
+112%
Other
$1,347,895
$1,560,498
+16%
Total Expenses
$14,824,992
$19,258,066
+30%
Net income
2023
2024
Change
Net income
+$3,408,843
-$3,973,423
-217%
Functional Expenses
Summary
2023
2024
Change
Program
$11,680,045
$13,709,897
+17%
Admin
$2,755,433
$5,191,847
+88%
Fundraising
$389,514
$356,322
-9%
Total Expenses
$14,824,992
$19,258,066
+30%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)