funder logo

THE BLACK BELT COMMUNITY FOUNDATION

THE BLACK BELT COMMUNITY FOUNDATION

Selma, AL, US
501(c)3
EIN
63-1270745
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE BLACK BELT COMMUNITY FOUNDATION

Selma, AL, US
501(c)3
EIN
63-1270745
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,452,438

Government Grants
48%
Contributions
46%
Investments
3%
Other
2%
Fundraising Events
1%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$14,023,321

Salaries & Benefits
42%
Fees to Service Providers
20%
Grants
16%
Other
14%
Offices, Occupancy & IT
5%
Depreciation
1%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$23,838,396
$5,234,931
-78%
Government Grants
$7,247,597
$5,447,963
-25%
Fundraising Events
$0
$165,432
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$91,657
$375,514
+310%
Other
$525,050
$228,598
-56%
Total Revenues
$31,702,700
$11,452,438
-64%
Expenses
2023
2024
Change
Grants
$3,168,075
$2,294,033
-28%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,490,117
$5,853,218
-10%
Fees to Service Providers
$2,203,398
$2,822,742
+28%
Advertising & Promotion
$234,918
$179,256
-24%
Offices, Occupancy & IT
$913,348
$702,893
-23%
Interest
$0
$0
-
Depreciation
$153,032
$182,653
+19%
Other
$1,815,107
$1,988,526
+10%
Total Expenses
$14,977,995
$14,023,321
-6%
Net income
2023
2024
Change
Net income
+$16,724,705
-$2,570,883
-115%
Functional Expenses
Summary
2023
2024
Change
Program
$12,838,736
$10,808,949
-16%
Admin
$1,998,659
$3,128,870
+57%
Fundraising
$140,600
$85,502
-39%
Total Expenses
$14,977,995
$14,023,321
-6%
Income Statement
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