Morning Star Fresh Food Ministry Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$348,232
Other
70%
Contributions
30%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$446,438
Other
45%
Salaries & Benefits
32%
Offices, Occupancy & IT
12%
Advertising & Promotion
5%
Depreciation
3%
Fees to Service Providers
3%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$180,103
$103,188
-43%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$366
$101
-72%
Other
$127,322
$244,943
+92%
Total Revenues
$307,791
$348,232
+13%
Expenses
2023
2024
Change
Grants
$10,915
$3,120
-71%
Benefits to Members
$0
$0
-
Salaries & Benefits
$95,679
$141,597
+48%
Fees to Service Providers
$6,727
$12,619
+88%
Advertising & Promotion
$23,506
$23,087
-2%
Offices, Occupancy & IT
$34,217
$52,183
+53%
Interest
$0
$16
-
Depreciation
$7,095
$13,213
+86%
Other
$227,753
$200,603
-12%
Total Expenses
$405,892
$446,438
+10%
Net income
2023
2024
Change
Net income
-$98,101
-$98,206
0%
Functional Expenses
Summary
2023
2024
Change
Program
$354,259
$372,374
+5%
Admin
$41,211
$59,837
+45%
Fundraising
$10,422
$14,227
+37%
Total Expenses
$405,892
$446,438
+10%
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