funder logo

THE SCHENECTADY FOUNDATION INC

THE SCHENECTADY FOUNDATION INC

Schenectady, NY, US
501(c)3
EIN
61-1600398
Regional Funder
funder logo

THE SCHENECTADY FOUNDATION INC

Schenectady, NY, US
501(c)3
EIN
61-1600398
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$959,037

Other
69%
Contributions
17%
Government Grants
14%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$885,553

Salaries & Benefits
51%
Fees to Service Providers
20%
Grants
18%
Offices, Occupancy & IT
7%
Other
3%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$200,067
$162,313
-19%
Government Grants
$24,458
$130,736
+435%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,439
$1,979
-19%
Other
$510,000
$664,009
+30%
Total Revenues
$736,964
$959,037
+30%
Expenses
2023
2024
Change
Grants
$253,885
$159,723
-37%
Benefits to Members
$0
$0
-
Salaries & Benefits
$454,535
$454,240
0%
Fees to Service Providers
$96,874
$177,806
+84%
Advertising & Promotion
$5,285
$781
-85%
Offices, Occupancy & IT
$53,198
$60,516
+14%
Interest
$0
$0
-
Depreciation
$1,478
$3,845
+160%
Other
$52,114
$28,642
-45%
Total Expenses
$917,369
$885,553
-3%
Net income
2023
2024
Change
Net income
-$180,405
+$73,484
-141%
Functional Expenses
Summary
2023
2024
Change
Program
$630,062
$694,555
+10%
Admin
$196,392
$168,615
-14%
Fundraising
$90,915
$22,383
-75%
Total Expenses
$917,369
$885,553
-3%
Income Statement
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