MIDLAND BUSINESS ALLIANCE FNDN
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,521,104
Contributions
38%
Program Services
38%
Government Grants
12%
Other
8%
Investments
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,676,646
Salaries & Benefits
44%
Fees to Service Providers
39%
Other
8%
Depreciation
5%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,226,293
$1,344,318
-58%
Government Grants
$335,000
$418,333
+25%
Fundraising Events
$0
$0
-
Program Services
$820,953
$1,342,910
+64%
Membership Dues
$0
$0
-
Investments
$182,880
$146,464
-20%
Other
$421,402
$269,079
-36%
Total Revenues
$4,986,528
$3,521,104
-29%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,160,693
$1,172,744
+1%
Fees to Service Providers
$301,102
$1,036,514
+244%
Advertising & Promotion
$31,611
$29,936
-5%
Offices, Occupancy & IT
$66,792
$82,954
+24%
Interest
$0
$0
-
Depreciation
$111,642
$134,020
+20%
Other
$1,257,268
$220,478
-82%
Total Expenses
$2,929,108
$2,676,646
-9%
Net income
2023
2024
Change
Net income
+$2,057,420
+$844,458
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$2,674,386
$2,426,058
-9%
Admin
$254,722
$250,588
-2%
Fundraising
$0
$0
-
Total Expenses
$2,929,108
$2,676,646
-9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)