funder logo

OWATONNA FOUNDATION INC

OWATONNA FOUNDATION INC

Owatonna, MN, US
501(c)3
EIN
41-6038547
Community Foundation
Regional Funder
funder logo

OWATONNA FOUNDATION INC

Owatonna, MN, US
501(c)3
EIN
41-6038547
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$916,828

Contributions
43%
Other
31%
Investments
26%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$559,000

Grants
70%
Salaries & Benefits
13%
Other
7%
Advertising & Promotion
6%
Offices, Occupancy & IT
3%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$533,446
$395,756
-26%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$237,417
$237,953
+0%
Other
-$9,484
$283,119
-3085%
Total Revenues
$761,379
$916,828
+20%
Expenses
2023
2024
Change
Grants
$296,313
$393,058
+33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$83,192
$73,847
-11%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$35,278
$33,804
-4%
Offices, Occupancy & IT
$29,772
$18,819
-37%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$34,087
$39,472
+16%
Total Expenses
$478,642
$559,000
+17%
Net income
2023
2024
Change
Net income
+$282,737
+$357,828
+27%
Functional Expenses
Summary
2023
2024
Change
Program
$296,313
$439,538
+48%
Admin
$147,051
$87,332
-41%
Fundraising
$35,278
$32,130
-9%
Total Expenses
$478,642
$559,000
+17%
Income Statement
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