funder logo

Michigan Physical Fitness Health and Sports Foundation

Michigan Physical Fitness Health and Sports Foundation

Lansing, MI, US
501(c)(3)
EIN
38-3172025
Regional Funder
funder logo

Michigan Physical Fitness Health and Sports Foundation

Lansing, MI, US
501(c)(3)
EIN
38-3172025
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$21,360,762

Government Grants
96%
Program Services
3%
Other
<1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$21,259,754

Grants
40%
Fees to Service Providers
35%
Salaries & Benefits
17%
Other
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$368,088
$40,878
-89%
Government Grants
$15,769,233
$20,553,292
+30%
Fundraising Events
$0
$0
-
Program Services
$234,794
$655,504
+179%
Membership Dues
$0
$0
-
Investments
$7
$6
-14%
Other
$119,591
$111,082
-7%
Total Revenues
$16,491,713
$21,360,762
+30%
Expenses
2023
2024
Change
Grants
$7,443,777
$8,572,193
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,555,051
$3,644,566
+3%
Fees to Service Providers
$3,629,415
$7,445,845
+105%
Advertising & Promotion
$578
$93,132
+16013%
Offices, Occupancy & IT
$378,382
$444,068
+17%
Interest
$1,047
$859
-18%
Depreciation
$20,558
$9,192
-55%
Other
$1,317,070
$1,049,899
-20%
Total Expenses
$16,345,878
$21,259,754
+30%
Net income
2023
2024
Change
Net income
+$145,835
+$101,008
-31%
Functional Expenses
Summary
2023
2024
Change
Program
$15,175,895
$19,758,994
+30%
Admin
$1,169,983
$1,500,760
+28%
Fundraising
$0
$0
-
Total Expenses
$16,345,878
$21,259,754
+30%
Income Statement
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