MACEDONIAN MINISTRY FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,918,604
Contributions
84%
Investments
14%
Program Services
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,432,520
Other
42%
Salaries & Benefits
36%
Fees to Service Providers
19%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,017,005
$2,466,150
-65%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$139,900
$40,380
-71%
Membership Dues
$0
$0
-
Investments
$146,471
$405,737
+177%
Other
$0
$6,337
-
Total Revenues
$7,303,376
$2,918,604
-60%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,197,986
$1,242,454
+4%
Fees to Service Providers
$707,679
$659,863
-7%
Advertising & Promotion
$1,215
$13,498
+1011%
Offices, Occupancy & IT
$73,618
$80,461
+9%
Interest
$0
$0
-
Depreciation
$6,544
$0
-100%
Other
$1,025,565
$1,436,244
+40%
Total Expenses
$3,012,607
$3,432,520
+14%
Net income
2023
2024
Change
Net income
+$4,290,769
-$513,916
-112%
Functional Expenses
Summary
2023
2024
Change
Program
$2,488,510
$2,911,020
+17%
Admin
$520,191
$518,743
0%
Fundraising
$3,906
$2,757
-29%
Total Expenses
$3,012,607
$3,432,520
+14%
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