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SAGINAW COMMUNITY FOUNDATION

SAGINAW COMMUNITY FOUNDATION

Saginaw, MI, US
501(c)3
EIN
38-2474297
DAF Sponsor
Community Foundation
Regional Funder
funder logo

SAGINAW COMMUNITY FOUNDATION

Saginaw, MI, US
501(c)3
EIN
38-2474297
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$12,328,285

Contributions
44%
Other
29%
Investments
14%
Government Grants
12%
Fundraising Events
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$7,415,140

Grants
40%
Fees to Service Providers
25%
Offices, Occupancy & IT
12%
Other
12%
Salaries & Benefits
11%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,620,820
$5,474,966
+18%
Government Grants
$1,025,232
$1,469,913
+43%
Fundraising Events
$8,045
$30,690
+281%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,252,973
$1,765,649
-22%
Other
$738,958
$3,587,067
+385%
Total Revenues
$8,646,028
$12,328,285
+43%
Expenses
2023
2024
Change
Grants
$3,354,956
$2,990,608
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$730,030
$788,972
+8%
Fees to Service Providers
$988,735
$1,835,236
+86%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$155,447
$923,982
+494%
Interest
$0
$0
-
Depreciation
$5,737
$9,823
+71%
Other
$1,325,540
$866,519
-35%
Total Expenses
$6,560,445
$7,415,140
+13%
Net income
2023
2024
Change
Net income
+$2,085,583
+$4,913,145
+136%
Functional Expenses
Summary
2023
2024
Change
Program
$5,875,334
$6,655,336
+13%
Admin
$591,555
$701,129
+19%
Fundraising
$93,556
$58,675
-37%
Total Expenses
$6,560,445
$7,415,140
+13%
Income Statement
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