MISSISSIPPI FOOD NETWORK INC
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$51,275,195
Contributions
N/A
Government Grants
N/A
Investments
N/A
Program Services
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$51,656,882
Grants
86%
Salaries & Benefits
6%
Other
5%
Fees to Service Providers
1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$38,378,706
$44,948,069
+17%
Government Grants
$3,852,699
$5,846,946
+52%
Fundraising Events
$10,680
$6,096
-43%
Program Services
$183,358
$144,356
-21%
Membership Dues
$0
$0
-
Investments
$307,681
$337,601
+10%
Other
-$190,627
-$7,873
-96%
Total Revenues
$42,542,497
$51,275,195
+21%
Expenses
2023
2024
Change
Grants
$36,074,941
$44,515,735
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,371,611
$2,922,015
+23%
Fees to Service Providers
$720,900
$714,394
-1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$404,376
$441,475
+9%
Interest
$0
$0
-
Depreciation
$444,500
$482,838
+9%
Other
$2,336,825
$2,580,425
+10%
Total Expenses
$42,353,153
$51,656,882
+22%
Net income
2023
2024
Change
Net income
+$189,344
-$381,687
-302%
Functional Expenses
Summary
2023
2024
Change
Program
$39,813,517
$49,349,151
+24%
Admin
$1,260,810
$1,123,068
-11%
Fundraising
$1,278,826
$1,184,663
-7%
Total Expenses
$42,353,153
$51,656,882
+22%
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