GOLDEN CROSS SENIOR MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$466,766
Contributions
82%
Investments
10%
Other
8%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$530,269
Grants
77%
Salaries & Benefits
16%
Offices, Occupancy & IT
6%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Depreciation
0%
Other
0%
Revenues
2023
2024
Change
Contributions
$348,581
$382,396
+10%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$45,507
$48,856
+7%
Other
$31,701
$35,514
+12%
Total Revenues
$425,789
$466,766
+10%
Expenses
2023
2024
Change
Grants
$198,214
$409,041
+106%
Benefits to Members
$0
$0
-
Salaries & Benefits
$86,128
$86,994
+1%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$5,104
$4,332
-15%
Offices, Occupancy & IT
$37,095
$29,902
-19%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$0
$0
-
Total Expenses
$326,541
$530,269
+62%
Net income
2023
2024
Change
Net income
+$99,248
-$63,503
-164%
Functional Expenses
Summary
2023
2024
Change
Program
$228,628
$439,489
+92%
Admin
$72,075
$64,682
-10%
Fundraising
$25,838
$26,098
+1%
Total Expenses
$326,541
$530,269
+62%
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