MISSION ECONOMIC DEVELOPMENT AGENCY
MISSION ECONOMIC DEVELOPMENT AGENCY
MISSION ECONOMIC DEVELOPMENT AGENCY
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$24,953,956
Government Grants
39%
Program Services
32%
Contributions
28%
Investments
<1%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$30,400,580
Salaries & Benefits
42%
Other
14%
Grants
12%
Fees to Service Providers
8%
Depreciation
8%
Offices, Occupancy & IT
8%
Interest
7%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,445,553
$6,903,972
+100%
Government Grants
$12,250,205
$9,677,490
-21%
Fundraising Events
$0
$69,015
-
Program Services
$8,040,828
$8,048,815
+0%
Membership Dues
$0
$0
-
Investments
$155,935
$232,346
+49%
Other
$2,581,591
$22,318
-99%
Total Revenues
$26,474,112
$24,953,956
-6%
Expenses
2023
2024
Change
Grants
$1,019,736
$3,787,498
+271%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,698,093
$12,912,629
+2%
Fees to Service Providers
$6,392,412
$2,580,283
-60%
Advertising & Promotion
$0
$5,192
-
Offices, Occupancy & IT
$3,244,314
$2,357,822
-27%
Interest
$2,687,324
$2,252,282
-16%
Depreciation
$1,977,957
$2,367,531
+20%
Other
$3,673,294
$4,137,343
+13%
Total Expenses
$31,693,130
$30,400,580
-4%
Net income
2023
2024
Change
Net income
-$5,219,018
-$5,446,624
-4%
Functional Expenses
Summary
2023
2024
Change
Program
$24,247,970
$25,675,326
+6%
Admin
$6,597,533
$3,947,369
-40%
Fundraising
$847,627
$777,885
-8%
Total Expenses
$31,693,130
$30,400,580
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)