FOOD GROUP MINNESOTA INC THE
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$20,916,395
Contributions
65%
Program Services
22%
Government Grants
13%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$19,708,129
Grants
37%
Other
31%
Salaries & Benefits
21%
Fees to Service Providers
6%
Offices, Occupancy & IT
4%
Depreciation
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$10,639,898
$13,506,903
+27%
Government Grants
$3,071,265
$2,638,507
-14%
Fundraising Events
$15,648
$0
-100%
Program Services
$4,826,851
$4,536,107
-6%
Membership Dues
$0
$0
-
Investments
$132
$130,083
+98448%
Other
$136,913
$104,795
-23%
Total Revenues
$18,690,707
$20,916,395
+12%
Expenses
2023
2024
Change
Grants
$5,333,029
$7,218,556
+35%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,427,154
$4,202,899
+23%
Fees to Service Providers
$685,600
$1,154,725
+68%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$739,060
$808,508
+9%
Interest
$0
$0
-
Depreciation
$208,841
$293,980
+41%
Other
$7,566,363
$6,029,461
-20%
Total Expenses
$17,960,047
$19,708,129
+10%
Net income
2023
2024
Change
Net income
+$730,660
+$1,208,266
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$16,324,623
$17,856,759
+9%
Admin
$821,176
$1,007,616
+23%
Fundraising
$814,248
$843,754
+4%
Total Expenses
$17,960,047
$19,708,129
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)