PARK PLACE CHRISTIAN ACADEMY INC
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$5,606,807
Program Services
76%
Contributions
21%
Other
2%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,428,952
Salaries & Benefits
62%
Depreciation
13%
Other
12%
Offices, Occupancy & IT
11%
Interest
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$168,533
$1,205,258
+615%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,198,492
$4,254,040
+1%
Membership Dues
$0
$0
-
Investments
$14,013
$50,076
+257%
Other
$109,169
$97,433
-11%
Total Revenues
$4,490,207
$5,606,807
+25%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,826,509
$2,765,930
-2%
Fees to Service Providers
$9,835
$19,450
+98%
Advertising & Promotion
$6,378
$5,468
-14%
Offices, Occupancy & IT
$473,146
$484,355
+2%
Interest
$29,465
$33,044
+12%
Depreciation
$294,847
$568,118
+93%
Other
$657,008
$552,587
-16%
Total Expenses
$4,297,188
$4,428,952
+3%
Net income
2023
2024
Change
Net income
+$193,019
+$1,177,855
+510%
Functional Expenses
Summary
2023
2024
Change
Program
$3,046,389
$3,186,228
+5%
Admin
$1,161,505
$1,148,669
-1%
Fundraising
$89,294
$94,055
+5%
Total Expenses
$4,297,188
$4,428,952
+3%
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