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DICKINSON AREA COMMUNITY FOUNDATION

DICKINSON AREA COMMUNITY FOUNDATION

Iron Mountian, MI, US
501(c)3
EIN
38-3218990
Community Foundation
Regional Funder
funder logo

DICKINSON AREA COMMUNITY FOUNDATION

Iron Mountian, MI, US
501(c)3
EIN
38-3218990
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,523,928

Other
53%
Contributions
30%
Investments
16%
Fundraising Events
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$965,388

Grants
63%
Salaries & Benefits
16%
Fees to Service Providers
10%
Other
5%
Offices, Occupancy & IT
4%
Advertising & Promotion
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$511,217
$751,582
+47%
Government Grants
$0
$0
-
Fundraising Events
$27,512
$19,992
-27%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$323,406
$407,314
+26%
Other
$310,625
$1,345,040
+333%
Total Revenues
$1,172,760
$2,523,928
+115%
Expenses
2023
2024
Change
Grants
$509,403
$606,641
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$134,922
$150,986
+12%
Fees to Service Providers
$123,228
$95,246
-23%
Advertising & Promotion
$9,799
$19,757
+102%
Offices, Occupancy & IT
$26,151
$42,357
+62%
Interest
$0
$0
-
Depreciation
$2,382
$3,675
+54%
Other
$40,255
$46,726
+16%
Total Expenses
$846,140
$965,388
+14%
Net income
2023
2024
Change
Net income
+$326,620
+$1,558,540
+377%
Functional Expenses
Summary
2023
2024
Change
Program
$645,168
$725,063
+12%
Admin
$155,381
$183,381
+18%
Fundraising
$45,591
$56,944
+25%
Total Expenses
$846,140
$965,388
+14%
Income Statement
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