STAR-K CERTIFICATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$19,147,657
Program Services
93%
Other
5%
Investments
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$17,030,306
Other
49%
Salaries & Benefits
46%
Grants
3%
Depreciation
1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Revenues
2023
2024
Change
Contributions
$658
$0
-100%
Government Grants
$75,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$16,427,586
$17,815,326
+8%
Membership Dues
$0
$0
-
Investments
$222,001
$331,762
+49%
Other
-$230,177
$1,000,569
-535%
Total Revenues
$16,495,068
$19,147,657
+16%
Expenses
2023
2024
Change
Grants
$491,118
$510,993
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,381,575
$7,816,175
+6%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$48,583
$46,351
-5%
Offices, Occupancy & IT
$62,314
$98,915
+59%
Interest
$1,350
$857
-37%
Depreciation
$187,270
$220,864
+18%
Other
$7,387,670
$8,336,151
+13%
Total Expenses
$15,559,880
$17,030,306
+9%
Net income
2023
2024
Change
Net income
+$935,188
+$2,117,351
+126%
Functional Expenses
Summary
2023
2024
Change
Program
$14,767,147
$16,209,649
+10%
Admin
$774,733
$800,328
+3%
Fundraising
$18,000
$20,329
+13%
Total Expenses
$15,559,880
$17,030,306
+9%
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