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WNC BRIDGE FOUNDATION

WNC BRIDGE FOUNDATION

Asheville, NC, US
501(c)3
EIN
56-2110357
Fund Raising & Fund Distribution
Regional Funder
funder logo

WNC BRIDGE FOUNDATION

Asheville, NC, US
501(c)3
EIN
56-2110357
Fund Raising & Fund Distribution
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,836,735

Other
72%
Investments
16%
Contributions
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$9,097,750

Grants
47%
Salaries & Benefits
23%
Offices, Occupancy & IT
11%
Depreciation
7%
Fees to Service Providers
5%
Interest
4%
Other
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,135,970
$1,399,149
+23%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,610,857
$1,911,798
+19%
Other
$1,716,338
$8,525,788
+397%
Total Revenues
$4,463,165
$11,836,735
+165%
Expenses
2023
2024
Change
Grants
$3,295,285
$4,299,378
+30%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,158,288
$2,103,387
-3%
Fees to Service Providers
$493,055
$460,273
-7%
Advertising & Promotion
$38,001
$42,248
+11%
Offices, Occupancy & IT
$613,757
$974,999
+59%
Interest
$630,635
$402,290
-36%
Depreciation
$656,794
$649,987
-1%
Other
$167,682
$165,188
-1%
Total Expenses
$8,053,497
$9,097,750
+13%
Net income
2023
2024
Change
Net income
-$3,590,332
+$2,738,985
-176%
Functional Expenses
Summary
2023
2024
Change
Program
$3,906,948
$4,881,702
+25%
Admin
$3,395,125
$3,322,631
-2%
Fundraising
$751,424
$893,417
+19%
Total Expenses
$8,053,497
$9,097,750
+13%
Income Statement
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