DETROIT HORSE POWER

Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$2,506,638
Contributions
N/A
Investments
N/A
Fundraising Events
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$814,502
Salaries & Benefits
57%
Other
33%
Fees to Service Providers
6%
Offices, Occupancy & IT
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,499,060
$2,185,212
-38%
Government Grants
$0
$0
-
Fundraising Events
$115,771
$171,995
+49%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$60,947
$173,862
+185%
Other
-$14,592
-$24,431
+67%
Total Revenues
$3,661,186
$2,506,638
-32%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$393,812
$466,309
+18%
Fees to Service Providers
$26,454
$47,426
+79%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$22,912
$26,189
+14%
Interest
$0
$0
-
Depreciation
$2,375
$1,919
-19%
Other
$277,144
$272,659
-2%
Total Expenses
$722,697
$814,502
+13%
Net income
2023
2024
Change
Net income
+$2,938,489
+$1,692,136
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$650,618
$702,801
+8%
Admin
$55,438
$78,157
+41%
Fundraising
$16,641
$33,544
+102%
Total Expenses
$722,697
$814,502
+13%
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