Logo for "MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC"

MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC

MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC

Baltimore, MD, US
501(c)3
EIN
52-1815710
Logo for "MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC"

MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC

Baltimore, MD, US
501(c)3
EIN
52-1815710

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$4,416,766

Government Grants
73%
Program Services
22%
Contributions
5%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024

$4,083,022

Salaries & Benefits
57%
Offices, Occupancy & IT
29%
Other
11%
Grants
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$987,702
$232,280
-76%
Government Grants
$2,962,855
$3,229,719
+9%
Fundraising Events
$36,513
$0
-100%
Program Services
$982,436
$954,767
-3%
Membership Dues
$0
$0
-
Investments
$662
$0
-100%
Other
$24,364
$0
-100%
Total Revenues
$4,994,532
$4,416,766
-12%
Expenses
2023
2024
Change
Grants
$67,798
$81,235
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,323,697
$2,314,371
0%
Fees to Service Providers
$36,154
$32,644
-10%
Advertising & Promotion
$3,250
$0
-100%
Offices, Occupancy & IT
$1,177,143
$1,192,272
+1%
Interest
$9,431
$0
-100%
Depreciation
$116,641
$0
-100%
Other
$127,167
$462,500
+264%
Total Expenses
$3,861,281
$4,083,022
+6%
Net income
2023
2024
Change
Net income
+$1,133,251
+$333,744
-71%
Functional Expenses
Summary
2023
2024
Change
Program
$2,847,964
$4,083,022
+43%
Admin
$927,908
$0
-100%
Fundraising
$85,409
$0
-100%
Total Expenses
$3,861,281
$4,083,022
+6%
Income Statement
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