IOWA FFA FOUNDATION INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$2,040,394
Contributions
69%
Other
21%
Fundraising Events
5%
Investments
5%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,102,910
Other
30%
Salaries & Benefits
22%
Grants
19%
Depreciation
16%
Fees to Service Providers
8%
Interest
3%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,726,637
$1,402,659
-49%
Government Grants
$0
$0
-
Fundraising Events
$78,923
$106,805
+35%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$66,351
$103,006
+55%
Other
$395,525
$427,924
+8%
Total Revenues
$3,267,436
$2,040,394
-38%
Expenses
2023
2024
Change
Grants
$402,966
$212,509
-47%
Benefits to Members
$0
$0
-
Salaries & Benefits
$295,761
$240,565
-19%
Fees to Service Providers
$72,467
$89,343
+23%
Advertising & Promotion
$450
$450
+0%
Offices, Occupancy & IT
$8,135
$13,013
+60%
Interest
$66,203
$37,056
-44%
Depreciation
$198,127
$175,646
-11%
Other
$126,194
$334,328
+165%
Total Expenses
$1,170,303
$1,102,910
-6%
Net income
2023
2024
Change
Net income
+$2,097,133
+$937,484
-55%
Functional Expenses
Summary
2023
2024
Change
Program
$778,585
$769,356
-1%
Admin
$244,901
$187,759
-23%
Fundraising
$146,817
$145,795
-1%
Total Expenses
$1,170,303
$1,102,910
-6%
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