funder logo

Carolina Foothills Foundation

Carolina Foothills Foundation

Forest City, NC, US
501(c)(3)
EIN
56-1337169
Regional Funder
funder logo

Carolina Foothills Foundation

Forest City, NC, US
501(c)(3)
EIN
56-1337169
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,632,626

Other
63%
Investments
26%
Contributions
9%
Government Grants
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$5,360,049

Grants
36%
Salaries & Benefits
36%
Depreciation
10%
Fees to Service Providers
8%
Other
7%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$354,088
$511,119
+44%
Government Grants
$3,634
$45,299
+1147%
Fundraising Events
$0
$0
-
Program Services
$41,960
$21,499
-49%
Membership Dues
$0
$0
-
Investments
$1,441,371
$1,488,429
+3%
Other
$579,589
$3,566,280
+515%
Total Revenues
$2,420,642
$5,632,626
+133%
Expenses
2023
2024
Change
Grants
$2,492,204
$1,938,295
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,448,457
$1,935,478
+34%
Fees to Service Providers
$91,226
$424,653
+365%
Advertising & Promotion
$32,528
$10,001
-69%
Offices, Occupancy & IT
$270,949
$145,240
-46%
Interest
$0
$0
-
Depreciation
$552,718
$528,343
-4%
Other
$399,066
$378,039
-5%
Total Expenses
$5,287,148
$5,360,049
+1%
Net income
2023
2024
Change
Net income
-$2,866,506
+$272,577
-110%
Functional Expenses
Summary
2023
2024
Change
Program
$3,330,023
$3,866,900
+16%
Admin
$1,957,125
$1,493,149
-24%
Fundraising
$0
$0
-
Total Expenses
$5,287,148
$5,360,049
+1%
Income Statement
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