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BE READY COMMUNITY DEVELOPMENT CORPORATION

BE READY COMMUNITY DEVELOPMENT CORPORATION

Wilmington, DE, US
501(c)3
EIN
51-0381849
Regional Funder
funder logo

BE READY COMMUNITY DEVELOPMENT CORPORATION

Wilmington, DE, US
501(c)3
EIN
51-0381849
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2023

$1,028,542

Other
41%
Contributions
35%
Government Grants
23%
Program Services
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023

$796,715

Grants
50%
Offices, Occupancy & IT
19%
Fees to Service Providers
15%
Depreciation
9%
Other
3%
Salaries & Benefits
3%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$1,418,765
$356,424
-75%
Government Grants
$0
$235,395
-
Fundraising Events
$0
$0
-
Program Services
$7,540
$14,752
+96%
Membership Dues
$0
$0
-
Investments
$4,641
$535
-88%
Other
$0
$421,436
-
Total Revenues
$1,430,946
$1,028,542
-28%
Expenses
2022
2023
Change
Grants
$63,030
$401,600
+537%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$25,327
-
Fees to Service Providers
$115,328
$117,546
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$73,116
$150,137
+105%
Interest
$3,638
$4,291
+18%
Depreciation
$5,784
$71,040
+1128%
Other
$11,643
$26,774
+130%
Total Expenses
$272,539
$796,715
+192%
Net income
2022
2023
Change
Net income
+$1,158,407
+$231,827
-80%
Functional Expenses
Summary
2022
2023
Change
Program
$248,275
$770,651
+210%
Admin
$16,764
$13,510
-19%
Fundraising
$7,500
$12,554
+67%
Total Expenses
$272,539
$796,715
+192%
Income Statement
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