MICHIGAN NONPROFIT ASSOCIATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$3,461,370
Contributions
48%
Program Services
41%
Government Grants
10%
Investments
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$3,716,718
Salaries & Benefits
43%
Other
28%
Fees to Service Providers
14%
Offices, Occupancy & IT
10%
Grants
6%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$1,076,992
$1,658,342
+54%
Government Grants
$608,930
$349,186
-43%
Fundraising Events
$0
$0
-
Program Services
$1,155,271
$1,404,107
+22%
Membership Dues
$0
$0
-
Investments
$17,750
$45,935
+159%
Other
$842
$3,800
+351%
Total Revenues
$2,859,785
$3,461,370
+21%
Expenses
2024
2025
Change
Grants
$2,287,564
$208,001
-91%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,516,467
$1,605,923
+6%
Fees to Service Providers
$279,902
$508,119
+82%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$364,629
$359,055
-2%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$182,680
$1,035,620
+467%
Total Expenses
$4,631,242
$3,716,718
-20%
Net income
2024
2025
Change
Net income
-$1,771,457
-$255,348
+86%
Functional Expenses
Summary
2024
2025
Change
Program
$4,143,362
$3,283,932
-21%
Admin
$439,136
$430,787
-2%
Fundraising
$48,744
$1,999
-96%
Total Expenses
$4,631,242
$3,716,718
-20%
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