THE HONOR FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$8,482,024
Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Program Services
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$7,540,876
Salaries & Benefits
54%
Other
37%
Offices, Occupancy & IT
6%
Advertising & Promotion
2%
Fees to Service Providers
1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,088,184
$6,166,761
+21%
Government Grants
$500,000
$0
-100%
Fundraising Events
$2,121,556
$2,364,085
+11%
Program Services
$0
$44,291
-
Membership Dues
$0
$0
-
Investments
$40,582
$61,445
+51%
Other
-$100,057
-$154,558
+54%
Total Revenues
$7,650,265
$8,482,024
+11%
Expenses
2023
2024
Change
Grants
$5,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,146,214
$4,065,123
+29%
Fees to Service Providers
$287,190
$105,474
-63%
Advertising & Promotion
$137,245
$115,192
-16%
Offices, Occupancy & IT
$299,690
$435,946
+45%
Interest
$0
$0
-
Depreciation
$6,849
$5,300
-23%
Other
$2,155,648
$2,813,841
+31%
Total Expenses
$6,037,836
$7,540,876
+25%
Net income
2023
2024
Change
Net income
+$1,612,429
+$941,148
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$5,502,993
$7,017,286
+28%
Admin
$95,848
$96,714
+1%
Fundraising
$438,995
$426,876
-3%
Total Expenses
$6,037,836
$7,540,876
+25%
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