ALGER MARQUETTE COMMUNITY ACTION BOARD

ALGER MARQUETTE COMMUNITY ACTION BOARD

Marquette, MI, US
501(c)(3)
EIN
38-1797320

ALGER MARQUETTE COMMUNITY ACTION BOARD

Marquette, MI, US
501(c)(3)
EIN
38-1797320

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$9,118,616

Government Grants
93%
Contributions
6%
Investments
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$8,955,674

Salaries & Benefits
60%
Other
17%
Grants
16%
Offices, Occupancy & IT
4%
Depreciation
3%
Fees to Service Providers
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$440,165
$559,274
+27%
Government Grants
$7,037,611
$8,515,628
+21%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$19,016
$23,801
+25%
Other
$10,964
$19,913
+82%
Total Revenues
$7,507,756
$9,118,616
+21%
Expenses
2023
2024
Change
Grants
$0
$1,389,573
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,682,220
$5,336,299
+14%
Fees to Service Providers
$65,342
$53,875
-18%
Advertising & Promotion
$1,555
$8,550
+450%
Offices, Occupancy & IT
$317,809
$343,282
+8%
Interest
$49,550
$43,935
-11%
Depreciation
$187,646
$224,126
+19%
Other
$2,273,372
$1,556,034
-32%
Total Expenses
$7,577,494
$8,955,674
+18%
Net income
2023
2024
Change
Net income
-$69,738
+$162,942
-334%
Functional Expenses
Summary
2023
2024
Change
Program
$7,548,795
$8,593,070
+14%
Admin
$26,706
$360,518
+1250%
Fundraising
$1,993
$2,086
+5%
Total Expenses
$7,577,494
$8,955,674
+18%
Income Statement
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