FLORIDA SCHOOL OF PREACHING
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$671,219
Contributions
86%
Other
8%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$556,768
Salaries & Benefits
42%
Other
25%
Grants
20%
Offices, Occupancy & IT
7%
Depreciation
4%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$927,000
$576,344
-38%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$48,835
$40,950
-16%
Other
-$6,638
$53,925
-912%
Total Revenues
$969,197
$671,219
-31%
Expenses
2023
2024
Change
Grants
$70,123
$110,296
+57%
Benefits to Members
$0
$0
-
Salaries & Benefits
$235,995
$232,350
-2%
Fees to Service Providers
$11,857
$1,820
-85%
Advertising & Promotion
$5,838
$10,817
+85%
Offices, Occupancy & IT
$42,899
$39,622
-8%
Interest
$0
$0
-
Depreciation
$7,116
$21,511
+202%
Other
$108,487
$140,352
+29%
Total Expenses
$482,315
$556,768
+15%
Net income
2023
2024
Change
Net income
+$486,882
+$114,451
-76%
Functional Expenses
Summary
2023
2024
Change
Program
$355,328
$387,219
+9%
Admin
$83,170
$103,708
+25%
Fundraising
$43,817
$65,841
+50%
Total Expenses
$482,315
$556,768
+15%
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