VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

Mercedes, TX, US
501(c)(3)
EIN
74-2768931

VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

Mercedes, TX, US
501(c)(3)
EIN
74-2768931

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$3,847,174

Government Grants
92%
Contributions
7%
Other
1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$3,570,660

Other
53%
Salaries & Benefits
32%
Advertising & Promotion
5%
Offices, Occupancy & IT
5%
Fees to Service Providers
4%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$644,634
$259,595
-60%
Government Grants
$2,501,190
$3,522,766
+41%
Fundraising Events
$0
$0
-
Program Services
$118,800
$0
-100%
Membership Dues
$0
$0
-
Investments
$3,878
$9,477
+144%
Other
$76,934
$55,336
-28%
Total Revenues
$3,345,436
$3,847,174
+15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$802,503
$1,155,657
+44%
Fees to Service Providers
$90,648
$136,712
+51%
Advertising & Promotion
$61,531
$175,031
+184%
Offices, Occupancy & IT
$114,400
$167,936
+47%
Interest
$16,810
$5,826
-65%
Depreciation
$13,425
$30,769
+129%
Other
$1,945,652
$1,898,729
-2%
Total Expenses
$3,044,969
$3,570,660
+17%
Net income
2023
2024
Change
Net income
+$300,467
+$276,514
-8%
Functional Expenses
Summary
2023
2024
Change
Program
$2,601,168
$3,019,221
+16%
Admin
$443,801
$551,439
+24%
Fundraising
$0
$0
-
Total Expenses
$3,044,969
$3,570,660
+17%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)