MIRACLE FARM INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,341,975
Other
80%
Contributions
18%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,103,303
Salaries & Benefits
58%
Other
18%
Offices, Occupancy & IT
17%
Depreciation
3%
Advertising & Promotion
3%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$525,892
$599,159
+14%
Government Grants
$278,889
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$33,540
$56,804
+69%
Other
$1,507,591
$2,686,012
+78%
Total Revenues
$2,345,912
$3,341,975
+42%
Expenses
2023
2024
Change
Grants
$59,528
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,083,428
$1,217,842
+12%
Fees to Service Providers
$56,844
$23,353
-59%
Advertising & Promotion
$42,675
$53,037
+24%
Offices, Occupancy & IT
$340,206
$365,052
+7%
Interest
$0
$0
-
Depreciation
$63,078
$69,945
+11%
Other
$405,760
$374,074
-8%
Total Expenses
$2,051,519
$2,103,303
+3%
Net income
2023
2024
Change
Net income
+$294,393
+$1,238,672
+321%
Functional Expenses
Summary
2023
2024
Change
Program
$1,972,478
$2,003,041
+2%
Admin
$10,800
$11,618
+8%
Fundraising
$68,241
$88,644
+30%
Total Expenses
$2,051,519
$2,103,303
+3%
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