LIVE FREE MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$691,928
Contributions
57%
Program Services
40%
Other
2%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$712,107
Salaries & Benefits
47%
Other
23%
Offices, Occupancy & IT
19%
Depreciation
7%
Fees to Service Providers
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$344,380
$397,812
+16%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$398,227
$280,060
-30%
Membership Dues
$0
$0
-
Investments
$91
$50
-45%
Other
$9,568
$14,006
+46%
Total Revenues
$752,266
$691,928
-8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$453,530
$337,047
-26%
Fees to Service Providers
$16,069
$21,166
+32%
Advertising & Promotion
$2,757
$2,886
+5%
Offices, Occupancy & IT
$122,616
$134,921
+10%
Interest
$125
$2,888
+2210%
Depreciation
$46,858
$48,575
+4%
Other
$158,352
$164,624
+4%
Total Expenses
$800,307
$712,107
-11%
Net income
2023
2024
Change
Net income
-$48,041
-$20,179
+58%
Functional Expenses
Summary
2023
2024
Change
Program
$782,870
$682,086
-13%
Admin
$17,437
$30,021
+72%
Fundraising
$0
$0
-
Total Expenses
$800,307
$712,107
-11%
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