NEW FLORIDA MAJORITY EDUCATION FUND INC

NEW FLORIDA MAJORITY EDUCATION FUND INC

Miami, FL, US
501(c)3
EIN
45-3956785

NEW FLORIDA MAJORITY EDUCATION FUND INC

Miami, FL, US
501(c)3
EIN
45-3956785

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$14,466,179

Contributions
99%
Investments
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$17,719,934

Salaries & Benefits
53%
Other
24%
Fees to Service Providers
12%
Offices, Occupancy & IT
6%
Advertising & Promotion
4%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,699,732
$14,257,538
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$19,096
$207,141
+985%
Other
$13,500
$1,500
-89%
Total Revenues
$15,732,328
$14,466,179
-8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,608,661
$9,427,013
+10%
Fees to Service Providers
$1,728,190
$2,211,594
+28%
Advertising & Promotion
$250,899
$741,077
+195%
Offices, Occupancy & IT
$1,214,961
$1,063,500
-12%
Interest
$0
$0
-
Depreciation
$13,154
$3,455
-74%
Other
$3,992,831
$4,273,295
+7%
Total Expenses
$15,808,696
$17,719,934
+12%
Net income
2023
2024
Change
Net income
-$76,368
-$3,253,755
-4161%
Functional Expenses
Summary
2023
2024
Change
Program
$13,402,744
$14,691,109
+10%
Admin
$1,652,068
$2,209,841
+34%
Fundraising
$753,884
$818,984
+9%
Total Expenses
$15,808,696
$17,719,934
+12%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)