EMPOWER MALI

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,101,400
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,255,353
Grants
93%
Fees to Service Providers
6%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Other
0%
Revenues
2023
2024
Change
Contributions
$1,214,421
$1,100,690
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,302
$710
-45%
Other
$0
$0
-
Total Revenues
$1,215,723
$1,101,400
-9%
Expenses
2023
2024
Change
Grants
$1,078,000
$1,171,500
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$64,153
$70,121
+9%
Advertising & Promotion
$3,328
$6,314
+90%
Offices, Occupancy & IT
$1,237
$7,418
+500%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$6,212
$0
-100%
Total Expenses
$1,152,930
$1,255,353
+9%
Net income
2023
2024
Change
Net income
+$62,793
-$153,953
-345%
Functional Expenses
Summary
2023
2024
Change
Program
$1,078,000
$1,171,500
+9%
Admin
$10,777
$13,732
+27%
Fundraising
$64,153
$70,121
+9%
Total Expenses
$1,152,930
$1,255,353
+9%
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