Favor International Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$8,360,676
Contributions
>99%
Other
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$7,477,081
Grants
76%
Salaries & Benefits
14%
Other
5%
Advertising & Promotion
3%
Fees to Service Providers
2%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$7,582,659
$8,357,599
+10%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$7
-
Other
$4,150
$3,070
-26%
Total Revenues
$7,586,809
$8,360,676
+10%
Expenses
2023
2024
Change
Grants
$5,942,676
$5,652,683
-5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$815,248
$1,038,015
+27%
Fees to Service Providers
$107,727
$112,971
+5%
Advertising & Promotion
$109,152
$218,639
+100%
Offices, Occupancy & IT
$114,416
$93,553
-18%
Interest
$0
$0
-
Depreciation
$15,838
$15,780
0%
Other
$278,513
$345,440
+24%
Total Expenses
$7,383,570
$7,477,081
+1%
Net income
2023
2024
Change
Net income
+$203,239
+$883,595
+335%
Functional Expenses
Summary
2023
2024
Change
Program
$6,644,411
$6,671,668
+0%
Admin
$542,052
$464,178
-14%
Fundraising
$197,107
$341,235
+73%
Total Expenses
$7,383,570
$7,477,081
+1%
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