Time For Change Foundation
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$6,278,335
Contributions
87%
Government Grants
8%
Fundraising Events
2%
Investments
2%
Program Services
<1%
Other
<1%
Membership Dues
0%
Expenses in 2025
$4,406,651
Salaries & Benefits
37%
Other
33%
Offices, Occupancy & IT
11%
Depreciation
9%
Fees to Service Providers
7%
Advertising & Promotion
3%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$4,368,766
$5,447,318
+25%
Government Grants
$729,694
$481,487
-34%
Fundraising Events
$160,311
$145,619
-9%
Program Services
$40,219
$50,400
+25%
Membership Dues
$0
$0
-
Investments
$82,216
$109,761
+34%
Other
-$58,423
$43,750
-175%
Total Revenues
$5,322,783
$6,278,335
+18%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,597,564
$1,651,285
+3%
Fees to Service Providers
$406,312
$307,462
-24%
Advertising & Promotion
$292,238
$118,788
-59%
Offices, Occupancy & IT
$441,704
$489,366
+11%
Interest
$767
$752
-2%
Depreciation
$390,886
$383,183
-2%
Other
$1,524,382
$1,455,815
-4%
Total Expenses
$4,653,853
$4,406,651
-5%
Net income
2024
2025
Change
Net income
+$668,930
+$1,871,684
+180%
Functional Expenses
Summary
2024
2025
Change
Program
$3,703,313
$3,403,912
-8%
Admin
$875,747
$965,212
+10%
Fundraising
$74,793
$37,527
-50%
Total Expenses
$4,653,853
$4,406,651
-5%
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