Friendship Community Center Inc

Friendship Community Center Inc

Suttons Bay, MI, US
501(c)(3)
EIN
38-2787513

Friendship Community Center Inc

Suttons Bay, MI, US
501(c)(3)
EIN
38-2787513

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$515,542

Contributions
61%
Government Grants
37%
Other
1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$443,413

Salaries & Benefits
69%
Other
21%
Offices, Occupancy & IT
5%
Depreciation
3%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$349,382
$315,127
-10%
Government Grants
$0
$191,800
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,983
$1,365
-66%
Other
$0
$7,250
-
Total Revenues
$353,365
$515,542
+46%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$273,194
$306,392
+12%
Fees to Service Providers
$3,941
$6,319
+60%
Advertising & Promotion
$880
$1,805
+105%
Offices, Occupancy & IT
$14,873
$22,218
+49%
Interest
$889
$376
-58%
Depreciation
$4,411
$11,913
+170%
Other
$60,181
$94,390
+57%
Total Expenses
$358,369
$443,413
+24%
Net income
2023
2024
Change
Net income
-$5,004
+$72,129
-1541%
Functional Expenses
Summary
2023
2024
Change
Program
$258,955
$336,078
+30%
Admin
$85,071
$98,423
+16%
Fundraising
$14,343
$8,912
-38%
Total Expenses
$358,369
$443,413
+24%
Income Statement
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