JEWISH EDUCATIONAL LOAN FUND INC
JEWISH EDUCATIONAL LOAN FUND INC
JEWISH EDUCATIONAL LOAN FUND INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,930,878
Contributions
72%
Program Services
21%
Investments
4%
Other
2%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$2,120,027
Salaries & Benefits
42%
Interest
40%
Other
7%
Offices, Occupancy & IT
5%
Fees to Service Providers
3%
Advertising & Promotion
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,758,681
$2,845,245
+62%
Government Grants
$0
$0
-
Fundraising Events
$0
$1,000
-
Program Services
$730,000
$840,000
+15%
Membership Dues
$0
$0
-
Investments
$138,994
$149,917
+8%
Other
$135,000
$94,716
-30%
Total Revenues
$2,762,675
$3,930,878
+42%
Expenses
2023
2024
Change
Grants
$3,982
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$828,338
$886,410
+7%
Fees to Service Providers
$94,536
$63,479
-33%
Advertising & Promotion
$43,601
$47,655
+9%
Offices, Occupancy & IT
$88,558
$104,402
+18%
Interest
$730,000
$840,000
+15%
Depreciation
$20,470
$19,515
-5%
Other
$138,682
$158,566
+14%
Total Expenses
$1,948,167
$2,120,027
+9%
Net income
2023
2024
Change
Net income
+$814,508
+$1,810,851
+122%
Functional Expenses
Summary
2023
2024
Change
Program
$1,446,181
$1,583,946
+10%
Admin
$154,891
$137,608
-11%
Fundraising
$347,095
$398,473
+15%
Total Expenses
$1,948,167
$2,120,027
+9%
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