Good Faith Media Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$1,363,097
Contributions
86%
Program Services
10%
Other
3%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,458,968
Salaries & Benefits
58%
Other
35%
Fees to Service Providers
5%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,895,071
$1,173,076
-38%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$120,582
$131,548
+9%
Membership Dues
$0
$0
-
Investments
$1,311
$22,002
+1578%
Other
$42,023
$36,471
-13%
Total Revenues
$2,058,987
$1,363,097
-34%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$909,021
$848,092
-7%
Fees to Service Providers
$74,268
$74,030
0%
Advertising & Promotion
$9,481
$0
-100%
Offices, Occupancy & IT
$22,286
$6,857
-69%
Interest
$0
$0
-
Depreciation
$13,116
$13,419
+2%
Other
$425,570
$516,570
+21%
Total Expenses
$1,453,742
$1,458,968
+0%
Net income
2023
2024
Change
Net income
+$605,245
-$95,871
-116%
Functional Expenses
Summary
2023
2024
Change
Program
$1,019,131
$1,057,852
+4%
Admin
$235,474
$238,331
+1%
Fundraising
$199,137
$162,785
-18%
Total Expenses
$1,453,742
$1,458,968
+0%
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