GEORGE SNOW SCHOLARSHIP FUND INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$9,959,088
Contributions
77%
Fundraising Events
11%
Program Services
6%
Other
4%
Investments
3%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$7,187,340
Grants
77%
Salaries & Benefits
13%
Other
5%
Offices, Occupancy & IT
4%
Advertising & Promotion
<1%
Depreciation
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,309,979
$7,638,889
+21%
Government Grants
$0
$0
-
Fundraising Events
$915,960
$1,058,252
+16%
Program Services
$185,657
$586,758
+216%
Membership Dues
$0
$0
-
Investments
$208,492
$250,595
+20%
Other
-$315,258
$424,594
-235%
Total Revenues
$7,304,830
$9,959,088
+36%
Expenses
2023
2024
Change
Grants
$5,243,567
$5,567,234
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$762,299
$951,943
+25%
Fees to Service Providers
$33,481
$14,637
-56%
Advertising & Promotion
$6,239
$24,539
+293%
Offices, Occupancy & IT
$162,456
$283,060
+74%
Interest
$0
$0
-
Depreciation
$15,850
$15,694
-1%
Other
$467,713
$330,233
-29%
Total Expenses
$6,691,605
$7,187,340
+7%
Net income
2023
2024
Change
Net income
+$613,225
+$2,771,748
+352%
Functional Expenses
Summary
2023
2024
Change
Program
$6,217,478
$6,581,583
+6%
Admin
$373,656
$531,213
+42%
Fundraising
$100,471
$74,544
-26%
Total Expenses
$6,691,605
$7,187,340
+7%
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