funder logo

SOUTHERN BANK FOUNDATION

SOUTHERN BANK FOUNDATION

Mount Olive, NC, US
501(c)3
EIN
56-2002871
Open for Solicitation
Private Foundation
Regional Funder
funder logo

SOUTHERN BANK FOUNDATION

Mount Olive, NC, US
501(c)3
EIN
56-2002871
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,480,995

Investments
64%
Other
36%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,204,549

Grants
96%
Other
2%
Interest
1%
Fees to Service Providers
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$851,983
$949,644
+11%
Other
$977,818
$531,351
-46%
Total Revenues
$1,829,801
$1,480,995
-19%
Expenses
2023
2024
Change
Grants
$920,887
$1,161,294
+26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$3,300
$770
-77%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$28,817
$17,452
-39%
Depreciation
$0
$0
-
Other
$36,102
$25,033
-31%
Total Expenses
$989,106
$1,204,549
+22%
Net income
2023
2024
Change
Net income
+$840,695
+$276,446
-67%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)