FRIENDS OF EAST AFRICA FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$916,803
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$805,412
Grants
97%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$492,768
$915,577
+86%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$1,226
-
Other
$0
$0
-
Total Revenues
$492,768
$916,803
+86%
Expenses
2023
2024
Change
Grants
$628,837
$781,322
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$10,630
$2,120
-80%
Advertising & Promotion
$8,677
$18,414
+112%
Offices, Occupancy & IT
$6,445
$2,064
-68%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,627
$1,492
-8%
Total Expenses
$656,216
$805,412
+23%
Net income
2023
2024
Change
Net income
-$163,448
+$111,391
-168%
Functional Expenses
Summary
2023
2024
Change
Program
$628,837
$781,322
+24%
Admin
$18,702
$5,676
-70%
Fundraising
$8,677
$18,414
+112%
Total Expenses
$656,216
$805,412
+23%
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