GOOD NEWS IN ACTION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,345,666
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$4,380,197
Grants
96%
Salaries & Benefits
2%
Other
2%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$769,993
$4,345,650
+464%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$16
-
Other
$0
$0
-
Total Revenues
$769,993
$4,345,666
+464%
Expenses
2023
2024
Change
Grants
$892,674
$4,184,177
+369%
Benefits to Members
$0
$0
-
Salaries & Benefits
$116,043
$107,706
-7%
Fees to Service Providers
$4,768
$5,017
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$8,664
$663
-92%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$61,204
$82,634
+35%
Total Expenses
$1,083,353
$4,380,197
+304%
Net income
2023
2024
Change
Net income
-$313,360
-$34,531
+89%
Functional Expenses
Summary
2023
2024
Change
Program
$937,884
$4,257,660
+354%
Admin
$145,469
$122,537
-16%
Fundraising
$0
$0
-
Total Expenses
$1,083,353
$4,380,197
+304%
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