Inspire Brands Foundation Inc
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$14,984,452
Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$16,926,907
Grants
81%
Salaries & Benefits
10%
Other
7%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,476,785
$12,201,419
+29%
Government Grants
$0
$0
-
Fundraising Events
$5,247,683
$2,772,567
-47%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$210,199
$206,969
-2%
Other
$2,554,523
-$196,503
-108%
Total Revenues
$17,489,190
$14,984,452
-14%
Expenses
2023
2024
Change
Grants
$14,100,058
$13,791,344
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,562,820
$1,636,650
+5%
Fees to Service Providers
$235,596
$272,870
+16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$96,019
$92,874
-3%
Interest
$0
$0
-
Depreciation
$11,573
$3,078
-73%
Other
$1,080,099
$1,130,091
+5%
Total Expenses
$17,086,165
$16,926,907
-1%
Net income
2023
2024
Change
Net income
+$403,025
-$1,942,455
-582%
Functional Expenses
Summary
2023
2024
Change
Program
$15,566,193
$14,955,006
-4%
Admin
$814,436
$801,845
-2%
Fundraising
$705,536
$1,170,056
+66%
Total Expenses
$17,086,165
$16,926,907
-1%
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