LIFE CHOICES OF MEMPHIS INC
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$1,884,459
Contributions
N/A
Fundraising Events
N/A
Program Services
N/A
Investments
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$1,890,046
Salaries & Benefits
68%
Other
12%
Offices, Occupancy & IT
9%
Advertising & Promotion
5%
Fees to Service Providers
4%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,298,944
$1,198,484
-8%
Government Grants
$0
$0
-
Fundraising Events
$612,008
$541,717
-11%
Program Services
$98,047
$181,246
+85%
Membership Dues
$0
$0
-
Investments
$9,254
$28,376
+207%
Other
-$69,011
-$65,364
-5%
Total Revenues
$1,949,242
$1,884,459
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,213,382
$1,280,922
+6%
Fees to Service Providers
$35,505
$75,177
+112%
Advertising & Promotion
$65,716
$96,108
+46%
Offices, Occupancy & IT
$144,096
$164,554
+14%
Interest
$0
$0
-
Depreciation
$40,490
$41,707
+3%
Other
$281,936
$231,578
-18%
Total Expenses
$1,781,125
$1,890,046
+6%
Net income
2023
2024
Change
Net income
+$168,117
-$5,587
-103%
Functional Expenses
Summary
2023
2024
Change
Program
$1,321,695
$1,423,778
+8%
Admin
$182,526
$153,421
-16%
Fundraising
$276,904
$312,847
+13%
Total Expenses
$1,781,125
$1,890,046
+6%
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