funder logo

HOMELESS ACTION NETWORK OF DETROIT

HOMELESS ACTION NETWORK OF DETROIT

Detroit, MI, US
501(c)3
EIN
38-3315978
Regional Funder
funder logo

HOMELESS ACTION NETWORK OF DETROIT

Detroit, MI, US
501(c)3
EIN
38-3315978
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$6,410,710

Government Grants
98%
Contributions
2%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024

$8,045,410

Grants
64%
Fees to Service Providers
30%
Offices, Occupancy & IT
3%
Other
2%
Salaries & Benefits
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$282,201
$119,764
-58%
Government Grants
$109,291,443
$6,282,946
-94%
Fundraising Events
$0
$0
-
Program Services
$24,000
$8,000
-67%
Membership Dues
$0
$0
-
Investments
$144
$0
-100%
Other
$0
$0
-
Total Revenues
$109,597,788
$6,410,710
-94%
Expenses
2023
2024
Change
Grants
$107,418,670
$5,155,796
-95%
Benefits to Members
$0
$0
-
Salaries & Benefits
$93,145
$95,589
+3%
Fees to Service Providers
$1,988,813
$2,444,267
+23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$159,704
$213,062
+33%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$268,333
$136,696
-49%
Total Expenses
$109,928,665
$8,045,410
-93%
Net income
2023
2024
Change
Net income
-$330,877
-$1,634,700
-394%
Functional Expenses
Summary
2023
2024
Change
Program
$109,547,743
$7,861,608
-93%
Admin
$380,922
$183,802
-52%
Fundraising
$0
$0
-
Total Expenses
$109,928,665
$8,045,410
-93%
Income Statement
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