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The Community Foundation of NC East Inc

The Community Foundation of NC East Inc

Greenville, NC, US
501(c)3
EIN
56-2152669
DAF Sponsor
Community Foundation
Regional Funder
funder logo

The Community Foundation of NC East Inc

Greenville, NC, US
501(c)3
EIN
56-2152669
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,290,230

Contributions
78%
Investments
12%
Program Services
7%
Other
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$5,226,832

Grants
90%
Salaries & Benefits
6%
Other
2%
Offices, Occupancy & IT
1%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$6,681,168
$3,330,899
-50%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$318,948
-
Membership Dues
$0
$0
-
Investments
$407,196
$500,299
+23%
Other
$194,716
$140,084
-28%
Total Revenues
$7,283,080
$4,290,230
-41%
Expenses
2023
2024
Change
Grants
$3,378,709
$4,702,684
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$237,899
$296,116
+24%
Fees to Service Providers
$178,192
$21,230
-88%
Advertising & Promotion
$50,203
$52,300
+4%
Offices, Occupancy & IT
$91,673
$69,185
-25%
Interest
$2,552
$0
-100%
Depreciation
$14,058
$0
-100%
Other
$2,284,346
$85,317
-96%
Total Expenses
$6,237,632
$5,226,832
-16%
Net income
2023
2024
Change
Net income
+$1,045,448
-$936,602
-190%
Functional Expenses
Summary
2023
2024
Change
Program
$5,999,484
$5,001,573
-17%
Admin
$238,148
$225,259
-5%
Fundraising
$0
$0
-
Total Expenses
$6,237,632
$5,226,832
-16%
Income Statement
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