funder logo

THE COMMUNITY FOUNDATION OF THE HOLLAND/ZEELAND AREA INC

THE COMMUNITY FOUNDATION OF THE HOLLAND/ZEELAND AREA INC

Holland, MI, US
501(c)3
EIN
38-6095283
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE COMMUNITY FOUNDATION OF THE HOLLAND/ZEELAND AREA INC

Holland, MI, US
501(c)3
EIN
38-6095283
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$20,877,616

Contributions
57%
Other
31%
Investments
12%
Fundraising Events
1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$16,014,331

Grants
89%
Salaries & Benefits
6%
Other
3%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$17,877,105
$11,800,708
-34%
Government Grants
$0
$0
-
Fundraising Events
$212,235
$238,304
+12%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,400,379
$2,408,604
-29%
Other
$2,545,533
$6,430,000
+153%
Total Revenues
$24,035,252
$20,877,616
-13%
Expenses
2023
2024
Change
Grants
$13,037,510
$14,238,938
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$978,469
$1,034,581
+6%
Fees to Service Providers
$57,797
$60,758
+5%
Advertising & Promotion
$14,464
$8,281
-43%
Offices, Occupancy & IT
$105,370
$170,349
+62%
Interest
$0
$0
-
Depreciation
$22,418
$22,945
+2%
Other
$664,406
$478,479
-28%
Total Expenses
$14,880,434
$16,014,331
+8%
Net income
2023
2024
Change
Net income
+$9,154,818
+$4,863,285
-47%
Functional Expenses
Summary
2023
2024
Change
Program
$13,908,379
$15,035,642
+8%
Admin
$591,241
$612,085
+4%
Fundraising
$380,814
$366,604
-4%
Total Expenses
$14,880,434
$16,014,331
+8%
Income Statement
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