LIFT FOR LIFE ACADEMY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$18,780,575
Government Grants
88%
Contributions
6%
Other
3%
Program Services
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$17,673,466
Salaries & Benefits
69%
Other
25%
Depreciation
3%
Interest
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Revenues
2023
2024
Change
Contributions
$2,587,382
$1,198,456
-54%
Government Grants
$17,017,414
$16,607,514
-2%
Fundraising Events
$0
$0
-
Program Services
$248,618
$278,998
+12%
Membership Dues
$0
$0
-
Investments
$52,894
$100,999
+91%
Other
$375,702
$594,608
+58%
Total Revenues
$20,282,010
$18,780,575
-7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,850,119
$12,242,724
+13%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$35,988
$52,439
+46%
Offices, Occupancy & IT
$62,145
$58,751
-5%
Interest
$201,239
$282,240
+40%
Depreciation
$558,959
$608,063
+9%
Other
$4,041,747
$4,429,249
+10%
Total Expenses
$15,750,197
$17,673,466
+12%
Net income
2023
2024
Change
Net income
+$4,531,813
+$1,107,109
-76%
Functional Expenses
Summary
2023
2024
Change
Program
$13,670,370
$15,232,929
+11%
Admin
$1,723,526
$1,993,694
+16%
Fundraising
$356,301
$446,843
+25%
Total Expenses
$15,750,197
$17,673,466
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)