Logo for "ACTS COMMUNITY DEVELOPMENT CORPORATION"

ACTS COMMUNITY DEVELOPMENT CORPORATION

ACTS COMMUNITY DEVELOPMENT CORPORATION

Milwaukee, WI, US
501(c)3
EIN
39-1837474
Regional Funder
Logo for "ACTS COMMUNITY DEVELOPMENT CORPORATION"

ACTS COMMUNITY DEVELOPMENT CORPORATION

Milwaukee, WI, US
501(c)3
EIN
39-1837474
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,811,748

Contributions
84%
Government Grants
5%
Other
4%
Program Services
3%
Fundraising Events
2%
Investments
2%
Membership Dues
0%
Expenses in 2024

$19,458,014

Grants
74%
Salaries & Benefits
16%
Other
3%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Advertising & Promotion
1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,941,185
$11,619,723
+30%
Government Grants
$1,632,264
$628,692
-61%
Fundraising Events
$345,386
$330,230
-4%
Program Services
$390,286
$471,004
+21%
Membership Dues
$0
$0
-
Investments
$195,839
$255,062
+30%
Other
$211,999
$507,037
+139%
Total Revenues
$11,716,959
$13,811,748
+18%
Expenses
2023
2024
Change
Grants
$3,258,667
$14,459,816
+344%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,483,210
$3,050,429
+23%
Fees to Service Providers
$535,339
$413,470
-23%
Advertising & Promotion
$204,065
$255,489
+25%
Offices, Occupancy & IT
$603,320
$536,027
-11%
Interest
$1,300
$13,508
+939%
Depreciation
$58,398
$57,137
-2%
Other
$476,824
$672,138
+41%
Total Expenses
$7,621,123
$19,458,014
+155%
Net income
2023
2024
Change
Net income
+$4,095,836
-$5,646,266
-238%
Functional Expenses
Summary
2023
2024
Change
Program
$6,232,448
$17,549,711
+182%
Admin
$623,798
$1,092,316
+75%
Fundraising
$764,877
$815,987
+7%
Total Expenses
$7,621,123
$19,458,014
+155%
Income Statement
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