Logo for "MIDLAND INSTITUTE FOR ENTREPRENEURSHIP NFP"

MIDLAND INSTITUTE FOR ENTREPRENEURSHIP NFP

MIDLAND INSTITUTE FOR ENTREPRENEURSHIP NFP

Effingham, IL, US
501(c)3
EIN
47-4275347
Logo for "MIDLAND INSTITUTE FOR ENTREPRENEURSHIP NFP"

MIDLAND INSTITUTE FOR ENTREPRENEURSHIP NFP

Effingham, IL, US
501(c)3
EIN
47-4275347

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$806,631

Program Services
61%
Contributions
34%
Investments
4%
Other
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,000,924

Salaries & Benefits
54%
Other
27%
Advertising & Promotion
11%
Fees to Service Providers
4%
Offices, Occupancy & IT
2%
Depreciation
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$102,442
$272,210
+166%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$520,500
$490,750
-6%
Membership Dues
$0
$0
-
Investments
$3,710
$29,304
+690%
Other
$190
$14,367
+7462%
Total Revenues
$626,842
$806,631
+29%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$468,966
$543,580
+16%
Fees to Service Providers
$28,820
$40,930
+42%
Advertising & Promotion
$75,794
$106,170
+40%
Offices, Occupancy & IT
$38,768
$21,126
-46%
Interest
$1,893
$572
-70%
Depreciation
$11,625
$14,177
+22%
Other
$206,162
$274,369
+33%
Total Expenses
$832,028
$1,000,924
+20%
Net income
2023
2024
Change
Net income
-$205,186
-$194,293
+5%
Functional Expenses
Summary
2023
2024
Change
Program
$691,944
$846,212
+22%
Admin
$86,285
$82,721
-4%
Fundraising
$53,799
$71,991
+34%
Total Expenses
$832,028
$1,000,924
+20%
Income Statement
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