Matrix Community Outreach Center Inc

Matrix Community Outreach Center Inc

Defuniak Springs, FL, US
501(c)3
EIN
47-3295501

Matrix Community Outreach Center Inc

Defuniak Springs, FL, US
501(c)3
EIN
47-3295501

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,042,741

Program Services
80%
Contributions
12%
Government Grants
8%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024

$1,091,715

Other
82%
Salaries & Benefits
11%
Offices, Occupancy & IT
4%
Interest
2%
Depreciation
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$145,906
$124,953
-14%
Government Grants
$172,363
$82,416
-52%
Fundraising Events
$0
$0
-
Program Services
$564,699
$835,372
+48%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$882,968
$1,042,741
+18%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$118,663
$121,044
+2%
Fees to Service Providers
$4,410
$2,400
-46%
Advertising & Promotion
$3,078
$0
-100%
Offices, Occupancy & IT
$12,634
$38,731
+207%
Interest
$4,162
$20,765
+399%
Depreciation
$23,320
$18,416
-21%
Other
$815,880
$890,359
+9%
Total Expenses
$982,147
$1,091,715
+11%
Net income
2023
2024
Change
Net income
-$99,179
-$48,974
+51%
Functional Expenses
Summary
2023
2024
Change
Program
$745,431
$1,005,776
+35%
Admin
$236,716
$85,939
-64%
Fundraising
$0
$0
-
Total Expenses
$982,147
$1,091,715
+11%
Income Statement
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