SOUTH BALDWIN LITERACY COUNCIL

SOUTH BALDWIN LITERACY COUNCIL

Foley, AL, US
501(c)3
EIN
63-1151156

SOUTH BALDWIN LITERACY COUNCIL

Foley, AL, US
501(c)3
EIN
63-1151156

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$483,627

Contributions
81%
Other
13%
Government Grants
4%
Investments
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$447,763

Salaries & Benefits
69%
Other
18%
Offices, Occupancy & IT
6%
Depreciation
4%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$445,982
$392,170
-12%
Government Grants
$10,925
$20,000
+83%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,889
$6,733
+133%
Other
$68,754
$64,724
-6%
Total Revenues
$528,550
$483,627
-8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$287,235
$310,024
+8%
Fees to Service Providers
$7,670
$3,525
-54%
Advertising & Promotion
$9,762
$8,023
-18%
Offices, Occupancy & IT
$22,941
$26,652
+16%
Interest
$0
$0
-
Depreciation
$12,330
$17,629
+43%
Other
$92,983
$81,910
-12%
Total Expenses
$432,921
$447,763
+3%
Net income
2023
2024
Change
Net income
+$95,629
+$35,864
-62%
Functional Expenses
Summary
2023
2024
Change
Program
$335,786
$343,286
+2%
Admin
$94,796
$102,365
+8%
Fundraising
$2,339
$2,112
-10%
Total Expenses
$432,921
$447,763
+3%
Income Statement
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