funder logo

M & M AREA COMMUNITY FOUNDATION

M & M AREA COMMUNITY FOUNDATION

Menominee, MI, US
501(c)3
EIN
38-3264725
DAF Sponsor
Community Foundation
Regional Funder
funder logo

M & M AREA COMMUNITY FOUNDATION

Menominee, MI, US
501(c)3
EIN
38-3264725
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$931,207

Investments
43%
Contributions
35%
Program Services
22%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,320,486

Grants
61%
Other
20%
Fees to Service Providers
9%
Salaries & Benefits
8%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$620,369
$324,169
-48%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$175,545
$201,823
+15%
Membership Dues
$0
$0
-
Investments
$269,839
$404,412
+50%
Other
$27
$803
+2874%
Total Revenues
$1,065,780
$931,207
-13%
Expenses
2023
2024
Change
Grants
$498,660
$810,783
+63%
Benefits to Members
$0
$0
-
Salaries & Benefits
$162,367
$109,951
-32%
Fees to Service Providers
$104,323
$115,526
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$16,632
$15,750
-5%
Interest
$0
$0
-
Depreciation
$2,567
$2,567
+0%
Other
$328,841
$265,909
-19%
Total Expenses
$1,113,390
$1,320,486
+19%
Net income
2023
2024
Change
Net income
-$47,610
-$389,279
-718%
Functional Expenses
Summary
2023
2024
Change
Program
$959,073
$1,156,069
+21%
Admin
$142,740
$153,035
+7%
Fundraising
$11,577
$11,382
-2%
Total Expenses
$1,113,390
$1,320,486
+19%
Income Statement
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