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SPOKANE AREA WORKFORCE DEVELOPMENT COUNCIL

SPOKANE AREA WORKFORCE DEVELOPMENT COUNCIL

Spokane, WA, US
501(c)3
EIN
46-0684743
Regional Funder
funder logo

SPOKANE AREA WORKFORCE DEVELOPMENT COUNCIL

Spokane, WA, US
501(c)3
EIN
46-0684743
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,771,972

Contributions
97%
Other
3%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$8,699,857

Grants
72%
Salaries & Benefits
15%
Offices, Occupancy & IT
5%
Other
3%
Depreciation
3%
Fees to Service Providers
1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,075,171
$8,500,561
+691%
Government Grants
$7,447,863
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$7,590
$4,949
-35%
Other
$289,927
$266,462
-8%
Total Revenues
$8,820,551
$8,771,972
-1%
Expenses
2023
2024
Change
Grants
$6,151,257
$6,266,517
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,336,572
$1,343,127
+0%
Fees to Service Providers
$69,471
$104,889
+51%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$269,390
$428,679
+59%
Interest
$56,371
$42,329
-25%
Depreciation
$322,810
$247,489
-23%
Other
$295,885
$266,827
-10%
Total Expenses
$8,501,756
$8,699,857
+2%
Net income
2023
2024
Change
Net income
+$318,795
+$72,115
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$8,140,938
$8,148,457
+0%
Admin
$360,818
$551,400
+53%
Fundraising
$0
$0
-
Total Expenses
$8,501,756
$8,699,857
+2%
Income Statement
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