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COMMUNITY FOUNDATION OF THE UPPER PENINSULA

COMMUNITY FOUNDATION OF THE UPPER PENINSULA

Escanaba, MI, US
501(c)3
EIN
38-3227080
DAF Sponsor
Community Foundation
Regional Funder
funder logo

COMMUNITY FOUNDATION OF THE UPPER PENINSULA

Escanaba, MI, US
501(c)3
EIN
38-3227080
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,232,221

Contributions
42%
Investments
33%
Program Services
13%
Other
9%
Government Grants
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$3,323,728

Grants
53%
Fees to Service Providers
19%
Salaries & Benefits
15%
Other
9%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,386,434
$1,771,671
-26%
Government Grants
$333,838
$112,580
-66%
Fundraising Events
$0
$0
-
Program Services
$706,072
$550,651
-22%
Membership Dues
$0
$0
-
Investments
$913,141
$1,410,545
+54%
Other
$318,140
$386,774
+22%
Total Revenues
$4,657,625
$4,232,221
-9%
Expenses
2023
2024
Change
Grants
$1,661,129
$1,755,089
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$766,951
$513,797
-33%
Fees to Service Providers
$234,289
$648,039
+177%
Advertising & Promotion
$23,677
$21,304
-10%
Offices, Occupancy & IT
$131,412
$92,074
-30%
Interest
$0
$0
-
Depreciation
$8,102
$7,868
-3%
Other
$829,125
$285,557
-66%
Total Expenses
$3,654,685
$3,323,728
-9%
Net income
2023
2024
Change
Net income
+$1,002,940
+$908,493
-9%
Functional Expenses
Summary
2023
2024
Change
Program
$3,054,993
$2,739,204
-10%
Admin
$311,245
$308,491
-1%
Fundraising
$288,447
$276,033
-4%
Total Expenses
$3,654,685
$3,323,728
-9%
Income Statement
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