MICHIGAN FUTURE INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$813,412
Contributions
96%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2025
$661,092
Salaries & Benefits
90%
Fees to Service Providers
8%
Other
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$455,915
$778,172
+71%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$32,150
$35,240
+10%
Other
$0
$0
-
Total Revenues
$488,065
$813,412
+67%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$547,716
$593,330
+8%
Fees to Service Providers
$44,144
$52,727
+19%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$574
$651
+13%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$128,816
$14,384
-89%
Total Expenses
$721,250
$661,092
-8%
Net income
2024
2025
Change
Net income
-$233,185
+$152,320
-165%
Functional Expenses
Summary
2024
2025
Change
Program
$686,879
$618,224
-10%
Admin
$34,371
$42,868
+25%
Fundraising
$0
$0
-
Total Expenses
$721,250
$661,092
-8%
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