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THE PORTSMOUTH SCHOOLS FOUNDATION INC

THE PORTSMOUTH SCHOOLS FOUNDATION INC

PORTSMOUTH, VA, US
501(c)(3)
EIN
54-1564539
funder logo

THE PORTSMOUTH SCHOOLS FOUNDATION INC

PORTSMOUTH, VA, US
501(c)(3)
EIN
54-1564539

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$99,232

Contributions
72%
Program Services
19%
Investments
7%
Other
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$130,286

Other
45%
Salaries & Benefits
35%
Grants
9%
Offices, Occupancy & IT
4%
Advertising & Promotion
4%
Fees to Service Providers
4%
Interest
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$75,062
$71,693
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$16,083
$18,457
+15%
Membership Dues
$0
$0
-
Investments
$3,573
$6,733
+88%
Other
-$4,767
$2,349
-149%
Total Revenues
$89,951
$99,232
+10%
Expenses
2023
2024
Change
Grants
$7,500
$12,000
+60%
Benefits to Members
$0
$0
-
Salaries & Benefits
$43,333
$45,000
+4%
Fees to Service Providers
$2,500
$4,637
+85%
Advertising & Promotion
$100
$4,828
+4728%
Offices, Occupancy & IT
$1,685
$5,698
+238%
Interest
$17
$58
+241%
Depreciation
$0
$0
-
Other
$65,280
$58,065
-11%
Total Expenses
$120,415
$130,286
+8%
Net income
2023
2024
Change
Net income
-$30,464
-$31,054
-2%
Functional Expenses
Summary
2023
2024
Change
Program
$115,555
$114,416
-1%
Admin
$4,651
$10,635
+129%
Fundraising
$209
$5,235
+2405%
Total Expenses
$120,415
$130,286
+8%
Income Statement
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