CEDE SPORTS F/K/A THE SPORTS OUTREACH GROUP

CEDE SPORTS F/K/A THE SPORTS OUTREACH GROUP

Huntersville, NC, US
501(c)3
EIN
56-1998983

CEDE SPORTS F/K/A THE SPORTS OUTREACH GROUP

Huntersville, NC, US
501(c)3
EIN
56-1998983

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,609,854

Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,543,857

Salaries & Benefits
54%
Other
23%
Grants
15%
Fees to Service Providers
4%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,355,851
$1,608,659
+19%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,219
$1,195
-46%
Other
$0
$0
-
Total Revenues
$1,358,070
$1,609,854
+19%
Expenses
2023
2024
Change
Grants
$201,652
$238,393
+18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$824,306
$839,762
+2%
Fees to Service Providers
$67,321
$65,911
-2%
Advertising & Promotion
$2,758
$1,643
-40%
Offices, Occupancy & IT
$46,109
$38,181
-17%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$318,116
$359,967
+13%
Total Expenses
$1,460,262
$1,543,857
+6%
Net income
2023
2024
Change
Net income
-$102,192
+$65,997
-165%
Functional Expenses
Summary
2023
2024
Change
Program
$1,248,178
$1,340,616
+7%
Admin
$167,321
$157,881
-6%
Fundraising
$44,763
$45,360
+1%
Total Expenses
$1,460,262
$1,543,857
+6%
Income Statement
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