THE ARMENIAN EYECARE PROJECT
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2023
$1,905,387
Contributions
87%
Other
7%
Fundraising Events
4%
Investments
1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2023
$2,282,436
Other
76%
Depreciation
15%
Salaries & Benefits
6%
Offices, Occupancy & IT
2%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$1,754,716
$1,660,438
-5%
Government Grants
$0
$0
-
Fundraising Events
$183,363
$80,991
-56%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$40,991
$24,104
-41%
Other
-$252,706
$139,854
-155%
Total Revenues
$1,726,364
$1,905,387
+10%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$155,660
$134,297
-14%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$9,010
$28,733
+219%
Offices, Occupancy & IT
$52,887
$51,409
-3%
Interest
$0
$0
-
Depreciation
$372,823
$339,096
-9%
Other
$2,103,009
$1,728,901
-18%
Total Expenses
$2,693,389
$2,282,436
-15%
Net income
2022
2023
Change
Net income
-$967,025
-$377,049
+61%
Functional Expenses
Summary
2022
2023
Change
Program
$2,377,927
$1,934,832
-19%
Admin
$197,359
$229,805
+16%
Fundraising
$118,103
$117,799
0%
Total Expenses
$2,693,389
$2,282,436
-15%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)