REVELATIONS OF FREEDOM MINISTRIES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,804,301
Other
56%
Contributions
37%
Program Services
7%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$1,564,722
Salaries & Benefits
61%
Offices, Occupancy & IT
11%
Other
11%
Depreciation
8%
Interest
4%
Fees to Service Providers
3%
Advertising & Promotion
2%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$561,890
$666,011
+19%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$149,963
$119,251
-20%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$980,352
$1,019,039
+4%
Total Revenues
$1,692,205
$1,804,301
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$938,376
$957,786
+2%
Fees to Service Providers
$111,790
$53,083
-53%
Advertising & Promotion
$36,585
$33,165
-9%
Offices, Occupancy & IT
$163,060
$173,046
+6%
Interest
$67,369
$61,254
-9%
Depreciation
$144,692
$120,073
-17%
Other
$174,372
$166,315
-5%
Total Expenses
$1,636,244
$1,564,722
-4%
Net income
2023
2024
Change
Net income
+$55,961
+$239,579
+328%
Functional Expenses
Summary
2023
2024
Change
Program
$1,465,412
$1,470,011
+0%
Admin
$73,294
$45,673
-38%
Fundraising
$97,538
$49,038
-50%
Total Expenses
$1,636,244
$1,564,722
-4%
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