CROSSROADS OF MICHIGAN
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$848,201
Contributions
87%
Other
11%
Government Grants
1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,370,369
Salaries & Benefits
60%
Other
25%
Offices, Occupancy & IT
6%
Fees to Service Providers
5%
Depreciation
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,415,283
$738,604
-48%
Government Grants
$17,096
$12,295
-28%
Fundraising Events
$17,149
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$19,393
$1,938
-90%
Other
$29,076
$95,364
+228%
Total Revenues
$1,497,997
$848,201
-43%
Expenses
2023
2024
Change
Grants
$686,411
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$776,498
$824,743
+6%
Fees to Service Providers
$85,090
$65,954
-22%
Advertising & Promotion
$0
$7,696
-
Offices, Occupancy & IT
$134,096
$78,929
-41%
Interest
$0
$0
-
Depreciation
$52,751
$54,173
+3%
Other
$59,231
$338,874
+472%
Total Expenses
$1,794,077
$1,370,369
-24%
Net income
2023
2024
Change
Net income
-$296,080
-$522,168
-76%
Functional Expenses
Summary
2023
2024
Change
Program
$1,541,111
$1,108,245
-28%
Admin
$231,679
$262,124
+13%
Fundraising
$21,287
$0
-100%
Total Expenses
$1,794,077
$1,370,369
-24%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)