GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2025
$660,352
Contributions
N/A
Fundraising Events
N/A
Program Services
N/A
Investments
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2025
$1,356,627
Grants
66%
Salaries & Benefits
21%
Fees to Service Providers
4%
Advertising & Promotion
3%
Offices, Occupancy & IT
3%
Other
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$340,662
$398,909
+17%
Government Grants
$0
$0
-
Fundraising Events
$306,437
$254,238
-17%
Program Services
$6,623
$146,625
+2114%
Membership Dues
$0
$0
-
Investments
$57,250
$138,400
+142%
Other
-$19,240
-$277,820
+1344%
Total Revenues
$691,732
$660,352
-5%
Expenses
2024
2025
Change
Grants
$971,040
$900,761
-7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$325,094
$285,951
-12%
Fees to Service Providers
$38,043
$55,574
+46%
Advertising & Promotion
$34,680
$40,131
+16%
Offices, Occupancy & IT
$47,920
$38,360
-20%
Interest
$0
$0
-
Depreciation
$2,226
$2,226
+0%
Other
$39,299
$33,624
-14%
Total Expenses
$1,458,302
$1,356,627
-7%
Net income
2024
2025
Change
Net income
-$766,570
-$696,275
+9%
Functional Expenses
Summary
2024
2025
Change
Program
$1,119,762
$1,015,335
-9%
Admin
$169,226
$166,180
-2%
Fundraising
$169,314
$175,112
+3%
Total Expenses
$1,458,302
$1,356,627
-7%
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