MUSLIM COMMUNITY OF WESTERN SUBURBS OF DETROIT
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,681,012
Contributions
96%
Membership Dues
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Investments
0%
Other
0%
Expenses in 2024
$1,546,840
Other
52%
Salaries & Benefits
29%
Offices, Occupancy & IT
8%
Interest
5%
Depreciation
5%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,607,856
$1,618,201
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$66,259
$62,811
-5%
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$1,674,115
$1,681,012
+0%
Expenses
2023
2024
Change
Grants
$1,100
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$419,129
$445,855
+6%
Fees to Service Providers
$21,834
$19,516
-11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$141,964
$131,329
-7%
Interest
$64,475
$75,252
+17%
Depreciation
$72,290
$72,290
+0%
Other
$843,566
$802,598
-5%
Total Expenses
$1,564,358
$1,546,840
-1%
Net income
2023
2024
Change
Net income
+$109,757
+$134,172
+22%
Functional Expenses
Summary
2023
2024
Change
Program
$72,290
$72,290
+0%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$1,564,358
$1,546,840
-1%
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