LAKE FAMILY RESOURCE CENTER
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$4,180,186
Government Grants
91%
Program Services
5%
Contributions
3%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,216,994
Salaries & Benefits
74%
Other
21%
Offices, Occupancy & IT
4%
Fees to Service Providers
<1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$144,740
$136,513
-6%
Government Grants
$3,684,150
$3,818,192
+4%
Fundraising Events
$0
$0
-
Program Services
$123,560
$214,993
+74%
Membership Dues
$0
$0
-
Investments
$9
$3
-67%
Other
$91,811
$10,485
-89%
Total Revenues
$4,044,270
$4,180,186
+3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,005,531
$3,119,310
+4%
Fees to Service Providers
$43,159
$24,589
-43%
Advertising & Promotion
$56
$1,497
+2573%
Offices, Occupancy & IT
$109,628
$158,224
+44%
Interest
$12,661
$13,120
+4%
Depreciation
$68,537
$0
-100%
Other
$863,453
$900,254
+4%
Total Expenses
$4,103,025
$4,216,994
+3%
Net income
2023
2024
Change
Net income
-$58,755
-$36,808
+37%
Functional Expenses
Summary
2023
2024
Change
Program
$3,318,570
$3,598,935
+8%
Admin
$784,455
$618,059
-21%
Fundraising
$0
$0
-
Total Expenses
$4,103,025
$4,216,994
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)