funder logo

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

Raleigh, NC, US
501(c)3
EIN
56-6088142
Regional Funder
funder logo

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

Raleigh, NC, US
501(c)3
EIN
56-6088142
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,611,253

Contributions
33%
Other
32%
Investments
31%
Program Services
3%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,208,365

Grants
40%
Salaries & Benefits
33%
Fees to Service Providers
12%
Other
10%
Offices, Occupancy & IT
6%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,391,964
$869,214
-64%
Government Grants
$1,800
$1,800
+0%
Fundraising Events
$0
$0
-
Program Services
$199,272
$81,759
-59%
Membership Dues
$0
$0
-
Investments
$608,188
$813,119
+34%
Other
$117,050
$845,361
+622%
Total Revenues
$3,318,274
$2,611,253
-21%
Expenses
2023
2024
Change
Grants
$337,063
$876,222
+160%
Benefits to Members
$0
$0
-
Salaries & Benefits
$731,159
$732,245
+0%
Fees to Service Providers
$107,973
$257,595
+139%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$136,828
$123,539
-10%
Interest
$0
$0
-
Depreciation
$1,907
$2,643
+39%
Other
$158,589
$216,121
+36%
Total Expenses
$1,473,519
$2,208,365
+50%
Net income
2023
2024
Change
Net income
+$1,844,755
+$402,888
-78%
Functional Expenses
Summary
2023
2024
Change
Program
$1,280,406
$1,874,015
+46%
Admin
$85,754
$124,666
+45%
Fundraising
$107,359
$209,684
+95%
Total Expenses
$1,473,519
$2,208,365
+50%
Income Statement
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