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Michigan Veterans Foundations Inc
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Michigan Veterans Foundations Inc
Detroit, MI, US
•
501(c)(3)
•
EIN
38-2857628
•
www.michiganveteransfoundation.org
Michigan Veterans Foundations Inc
Sign up to claim this org
Detroit, MI, US
•
501(c)(3)
•
EIN
38-2857628
•
www.michiganveteransfoundation.org
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Oct 1
Revenues in
2024
$1,527,944
Government Grants
86%
Contributions
12%
Program Services
2%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in
2024
$1,930,306
Salaries & Benefits
41%
Depreciation
21%
Other
14%
Fees to Service Providers
12%
Offices, Occupancy & IT
12%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$172,807
$181,012
+5%
Government Grants
$1,497,053
$1,321,471
-12%
Fundraising Events
$0
$0
-
Program Services
$26,731
$25,461
-5%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$1,696,591
$1,527,944
-10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,032,567
$790,147
-23%
Fees to Service Providers
$155,730
$238,294
+53%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$265,705
$230,410
-13%
Interest
$0
$0
-
Depreciation
$403,950
$403,950
+0%
Other
$320,675
$267,505
-17%
Total Expenses
$2,178,627
$1,930,306
-11%
Net income
2023
2024
Change
Net income
-$482,036
-$402,362
+17%
Functional Expenses
Summary
2023
2024
Change
Program
$1,915,505
$1,572,704
-18%
Admin
$263,122
$357,602
+36%
Fundraising
$0
$0
-
Total Expenses
$2,178,627
$1,930,306
-11%
Income Statement