Latino Economic Development Center
Latino Economic Development Center
Latino Economic Development Center
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$4,365,246
Government Grants
N/A
Contributions
N/A
Investments
N/A
Program Services
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$3,997,678
Salaries & Benefits
43%
Other
20%
Fees to Service Providers
19%
Offices, Occupancy & IT
12%
Interest
3%
Depreciation
2%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,089,195
$915,432
-70%
Government Grants
$3,284,109
$2,733,196
-17%
Fundraising Events
$55,688
$51,950
-7%
Program Services
$368,710
$310,853
-16%
Membership Dues
$0
$0
-
Investments
$231,569
$396,421
+71%
Other
-$38,169
-$42,606
+12%
Total Revenues
$6,991,102
$4,365,246
-38%
Expenses
2023
2024
Change
Grants
$269,500
$19,500
-93%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,258,017
$1,717,056
+36%
Fees to Service Providers
$716,538
$771,989
+8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$277,825
$461,980
+66%
Interest
$98,823
$139,163
+41%
Depreciation
$70,606
$72,807
+3%
Other
$825,007
$815,183
-1%
Total Expenses
$3,516,316
$3,997,678
+14%
Net income
2023
2024
Change
Net income
+$3,474,786
+$367,568
-89%
Functional Expenses
Summary
2023
2024
Change
Program
$2,203,528
$2,605,047
+18%
Admin
$1,195,983
$1,317,576
+10%
Fundraising
$116,805
$75,055
-36%
Total Expenses
$3,516,316
$3,997,678
+14%
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