SOLVE ME CFS INITIATIVE INC
SOLVE ME CFS INITIATIVE INC
SOLVE ME CFS INITIATIVE INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$1,947,106
Contributions
98%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$2,847,006
Salaries & Benefits
49%
Fees to Service Providers
23%
Other
16%
Grants
6%
Offices, Occupancy & IT
5%
Advertising & Promotion
1%
Interest
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,989,833
$1,911,527
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$48,048
$35,579
-26%
Other
$0
$0
-
Total Revenues
$2,037,881
$1,947,106
-4%
Expenses
2023
2024
Change
Grants
$328,632
$158,718
-52%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,302,793
$1,390,444
+7%
Fees to Service Providers
$889,333
$658,114
-26%
Advertising & Promotion
$322,778
$35,608
-89%
Offices, Occupancy & IT
$204,872
$148,526
-28%
Interest
$0
$1,476
-
Depreciation
$0
$0
-
Other
$764,190
$454,120
-41%
Total Expenses
$3,812,598
$2,847,006
-25%
Net income
2023
2024
Change
Net income
-$1,774,717
-$899,900
+49%
Functional Expenses
Summary
2023
2024
Change
Program
$2,757,494
$1,686,065
-39%
Admin
$394,947
$567,182
+44%
Fundraising
$660,157
$593,759
-10%
Total Expenses
$3,812,598
$2,847,006
-25%
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