Logo for "HAMPTON ROADS COMMUNITY FOUNDATION"

HAMPTON ROADS COMMUNITY FOUNDATION

HAMPTON ROADS COMMUNITY FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-2035996
DAF Sponsor
Community Foundation
Regional Funder
Logo for "HAMPTON ROADS COMMUNITY FOUNDATION"

HAMPTON ROADS COMMUNITY FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-2035996
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$19,965,203

Contributions
91%
Investments
8%
Other
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$38,610,612

Grants
89%
Salaries & Benefits
7%
Offices, Occupancy & IT
2%
Other
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$19,936,907
$18,084,746
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,172,783
$1,662,559
-23%
Other
$25,430
$217,898
+757%
Total Revenues
$22,135,120
$19,965,203
-10%
Expenses
2023
2024
Change
Grants
$27,296,601
$34,219,164
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,285,717
$2,874,131
+26%
Fees to Service Providers
$271,311
$355,885
+31%
Advertising & Promotion
$69,363
$120,280
+73%
Offices, Occupancy & IT
$542,302
$638,512
+18%
Interest
$0
$0
-
Depreciation
$32,166
$29,695
-8%
Other
$345,687
$372,945
+8%
Total Expenses
$30,843,147
$38,610,612
+25%
Net income
2023
2024
Change
Net income
-$8,708,027
-$18,645,409
-114%
Functional Expenses
Summary
2023
2024
Change
Program
$28,456,668
$35,701,333
+25%
Admin
$1,317,965
$1,727,964
+31%
Fundraising
$1,068,514
$1,181,315
+11%
Total Expenses
$30,843,147
$38,610,612
+25%
Income Statement
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