FOUNDATION OF HOPE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$212,430
Contributions
88%
Investments
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$180,997
Salaries & Benefits
72%
Other
17%
Fees to Service Providers
6%
Offices, Occupancy & IT
3%
Grants
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$215,012
$186,656
-13%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$20,796
$25,774
+24%
Other
$0
$0
-
Total Revenues
$235,808
$212,430
-10%
Expenses
2023
2024
Change
Grants
$0
$2,500
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$135,583
$130,706
-4%
Fees to Service Providers
$6,435
$11,458
+78%
Advertising & Promotion
$80
$0
-100%
Offices, Occupancy & IT
$3,504
$6,271
+79%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$59,354
$30,062
-49%
Total Expenses
$204,956
$180,997
-12%
Net income
2023
2024
Change
Net income
+$30,852
+$31,433
+2%
Functional Expenses
Summary
2023
2024
Change
Program
$171,421
$156,401
-9%
Admin
$7,560
$12,783
+69%
Fundraising
$25,975
$11,813
-55%
Total Expenses
$204,956
$180,997
-12%
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