TRUENORTH COMMUNITY SERVICES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$23,780,946
Government Grants
65%
Contributions
28%
Program Services
6%
Fundraising Events
<1%
Other
<1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$23,632,723
Grants
66%
Salaries & Benefits
28%
Other
3%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,728,230
$6,704,284
-13%
Government Grants
$14,463,629
$15,517,137
+7%
Fundraising Events
$0
$119,930
-
Program Services
$1,218,251
$1,309,000
+7%
Membership Dues
$0
$0
-
Investments
$91,755
$50,998
-44%
Other
$99,307
$79,597
-20%
Total Revenues
$23,601,172
$23,780,946
+1%
Expenses
2023
2024
Change
Grants
$92,180
$15,669,907
+16899%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,374,552
$6,630,993
+4%
Fees to Service Providers
$25,870
$31,000
+20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$518,704
$576,209
+11%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$16,851,165
$724,614
-96%
Total Expenses
$23,862,471
$23,632,723
-1%
Net income
2023
2024
Change
Net income
-$261,299
+$148,223
-157%
Functional Expenses
Summary
2023
2024
Change
Program
$22,316,700
$21,967,994
-2%
Admin
$1,302,197
$1,407,900
+8%
Fundraising
$243,574
$256,829
+5%
Total Expenses
$23,862,471
$23,632,723
-1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)