Logo for "COMMUNITY FOUNDATION OF BURKE COUNTY"

COMMUNITY FOUNDATION OF BURKE COUNTY

COMMUNITY FOUNDATION OF BURKE COUNTY

Morganton, NC, US
501(c)(3)
EIN
56-2170220
DAF Sponsor
Community Foundation
Regional Funder
Logo for "COMMUNITY FOUNDATION OF BURKE COUNTY"

COMMUNITY FOUNDATION OF BURKE COUNTY

Morganton, NC, US
501(c)(3)
EIN
56-2170220
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,231,906

Contributions
83%
Investments
10%
Other
7%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$2,905,594

Grants
80%
Salaries & Benefits
9%
Fees to Service Providers
6%
Other
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,607,976
$9,282,415
+477%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,060,353
$1,137,715
+7%
Other
$3,553,607
$811,776
-77%
Total Revenues
$6,221,936
$11,231,906
+81%
Expenses
2023
2024
Change
Grants
$2,214,511
$2,338,582
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$318,591
$270,812
-15%
Fees to Service Providers
$149,517
$175,176
+17%
Advertising & Promotion
$7,427
$6,312
-15%
Offices, Occupancy & IT
$48,071
$54,797
+14%
Interest
$0
$0
-
Depreciation
$1,146
$1,590
+39%
Other
$57,266
$58,325
+2%
Total Expenses
$2,796,529
$2,905,594
+4%
Net income
2023
2024
Change
Net income
+$3,425,407
+$8,326,312
+143%
Functional Expenses
Summary
2023
2024
Change
Program
$2,608,644
$2,729,346
+5%
Admin
$110,887
$99,899
-10%
Fundraising
$76,998
$76,349
-1%
Total Expenses
$2,796,529
$2,905,594
+4%
Income Statement
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