Logo for "ANN ARBOR AREA COMMUNITY FOUNDATION"

ANN ARBOR AREA COMMUNITY FOUNDATION

ANN ARBOR AREA COMMUNITY FOUNDATION

Ann Arbor, MI, US
501(c)3
EIN
38-6087967
DAF Sponsor
Community Foundation
Regional Funder
Logo for "ANN ARBOR AREA COMMUNITY FOUNDATION"

ANN ARBOR AREA COMMUNITY FOUNDATION

Ann Arbor, MI, US
501(c)3
EIN
38-6087967
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$22,654,824

Other
55%
Contributions
28%
Investments
16%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$14,740,954

Grants
61%
Fees to Service Providers
20%
Salaries & Benefits
14%
Offices, Occupancy & IT
2%
Other
2%
Interest
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,345,431
$6,439,473
+20%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$71,845
$70,765
-2%
Membership Dues
$0
$0
-
Investments
$3,835,204
$3,717,927
-3%
Other
$994,060
$12,426,659
+1150%
Total Revenues
$10,246,540
$22,654,824
+121%
Expenses
2023
2024
Change
Grants
$8,521,643
$8,940,782
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,701,384
$2,008,219
+18%
Fees to Service Providers
$2,347,432
$2,877,228
+23%
Advertising & Promotion
$61,747
$73,175
+19%
Offices, Occupancy & IT
$326,247
$327,777
+0%
Interest
$0
$98,576
-
Depreciation
$52,213
$88,383
+69%
Other
$307,979
$326,814
+6%
Total Expenses
$13,318,645
$14,740,954
+11%
Net income
2023
2024
Change
Net income
-$3,072,105
+$7,913,870
-358%
Functional Expenses
Summary
2023
2024
Change
Program
$11,344,217
$12,140,716
+7%
Admin
$1,345,871
$1,631,682
+21%
Fundraising
$628,557
$968,556
+54%
Total Expenses
$13,318,645
$14,740,954
+11%
Income Statement
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