Oakwood Health Promotions Inc

Oakwood Health Promotions Inc

Southfield, MI, US
501(c)3
EIN
38-2601965
Subordinate Organization

Oakwood Health Promotions Inc

Southfield, MI, US
501(c)3
EIN
38-2601965
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2022

$17,548,575

Program Services
94%
Investments
5%
Government Grants
<1%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2022

$21,123,809

Fees to Service Providers
77%
Depreciation
8%
Offices, Occupancy & IT
7%
Interest
4%
Other
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2021
2022
Change
Contributions
$0
$0
-
Government Grants
$81,564
$107,045
+31%
Fundraising Events
$0
$0
-
Program Services
$18,117,274
$16,536,695
-9%
Membership Dues
$0
$0
-
Investments
$5,483,771
$904,476
-84%
Other
$632
$359
-43%
Total Revenues
$23,683,241
$17,548,575
-26%
Expenses
2021
2022
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$3,557,116
$16,207,410
+356%
Advertising & Promotion
$54,213
$81,581
+50%
Offices, Occupancy & IT
$1,627,346
$1,402,043
-14%
Interest
$933,173
$893,018
-4%
Depreciation
$1,735,998
$1,686,198
-3%
Other
$14,992,131
$853,559
-94%
Total Expenses
$22,899,977
$21,123,809
-8%
Net income
2021
2022
Change
Net income
+$783,264
-$3,575,234
-556%
Functional Expenses
Summary
2021
2022
Change
Program
$19,907,004
$18,720,652
-6%
Admin
$2,992,973
$2,403,157
-20%
Fundraising
$0
$0
-
Total Expenses
$22,899,977
$21,123,809
-8%
Income Statement
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