THE SHOP RAT FOUNDATION INC

THE SHOP RAT FOUNDATION INC

Jackson, MI, US
501(c)3
EIN
38-3700259
Professional Societies & Associations

THE SHOP RAT FOUNDATION INC

Jackson, MI, US
501(c)3
EIN
38-3700259
Professional Societies & Associations

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,438,171

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

$394,586

Salaries & Benefits
59%
Other
21%
Offices, Occupancy & IT
11%
Fees to Service Providers
5%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$252,773
$1,408,303
+457%
Government Grants
$0
$0
-
Fundraising Events
$2,450
$0
-100%
Program Services
$39,305
$29,748
-24%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$4,173
$120
-97%
Total Revenues
$298,701
$1,438,171
+381%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$233,106
$232,744
0%
Fees to Service Providers
$1,756
$18,273
+941%
Advertising & Promotion
$3,764
$679
-82%
Offices, Occupancy & IT
$25,734
$45,086
+75%
Interest
$2,339
$2,522
+8%
Depreciation
$11,701
$12,569
+7%
Other
$41,674
$82,713
+98%
Total Expenses
$320,074
$394,586
+23%
Net income
2023
2024
Change
Net income
-$21,373
+$1,043,585
-4983%
Functional Expenses
Summary
2023
2024
Change
Program
$251,205
$265,945
+6%
Admin
$39,219
$72,707
+85%
Fundraising
$29,650
$55,934
+89%
Total Expenses
$320,074
$394,586
+23%
Income Statement
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