Bridging Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$11,645,440
Contributions
79%
Program Services
13%
Fundraising Events
5%
Other
2%
Investments
1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$11,318,104
Grants
60%
Salaries & Benefits
26%
Other
6%
Depreciation
3%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,749,071
$9,201,509
-6%
Government Grants
$0
$0
-
Fundraising Events
$641,427
$600,973
-6%
Program Services
$1,378,735
$1,529,791
+11%
Membership Dues
$0
$0
-
Investments
$51,859
$133,899
+158%
Other
$139,808
$179,268
+28%
Total Revenues
$11,960,900
$11,645,440
-3%
Expenses
2023
2024
Change
Grants
$6,664,625
$6,846,636
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,775,093
$2,975,164
+7%
Fees to Service Providers
$110,640
$100,434
-9%
Advertising & Promotion
$59,162
$66,797
+13%
Offices, Occupancy & IT
$372,946
$254,867
-32%
Interest
$14,502
$44,218
+205%
Depreciation
$251,470
$340,105
+35%
Other
$674,857
$689,883
+2%
Total Expenses
$10,923,295
$11,318,104
+4%
Net income
2023
2024
Change
Net income
+$1,037,605
+$327,336
-68%
Functional Expenses
Summary
2023
2024
Change
Program
$10,129,506
$10,497,893
+4%
Admin
$353,145
$419,188
+19%
Fundraising
$440,644
$401,023
-9%
Total Expenses
$10,923,295
$11,318,104
+4%
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