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LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC
LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1694745
•
WWW.LRAPMN.ORG
LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1694745
•
WWW.LRAPMN.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$220,201
Contributions
70%
Government Grants
19%
Other
6%
Investments
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$165,883
Salaries & Benefits
50%
Grants
42%
Fees to Service Providers
4%
Other
4%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$135,084
$154,390
+14%
Government Grants
$50,000
$41,980
-16%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$15,132
$10,871
-28%
Other
-$7,320
$12,960
-277%
Total Revenues
$192,896
$220,201
+14%
Expenses
2023
2024
Change
Grants
$71,101
$69,328
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$73,952
$83,048
+12%
Fees to Service Providers
$6,500
$7,300
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,456
$269
-94%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$3,192
$5,938
+86%
Total Expenses
$159,201
$165,883
+4%
Net income
2023
2024
Change
Net income
+$33,695
+$54,318
+61%
Functional Expenses
Summary
2023
2024
Change
Program
$115,705
$118,567
+2%
Admin
$16,346
$17,961
+10%
Fundraising
$27,150
$29,355
+8%
Total Expenses
$159,201
$165,883
+4%
Income Statement