GLOBAL HOPE NETWORK INTL INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,724,374
Contributions
95%
Government Grants
5%
Other
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,828,965
Salaries & Benefits
37%
Grants
30%
Other
26%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,714,109
$2,584,378
-5%
Government Grants
$0
$138,400
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$99
$574
+480%
Other
-$553
$1,022
-285%
Total Revenues
$2,713,655
$2,724,374
+0%
Expenses
2023
2024
Change
Grants
$0
$845,592
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,355,398
$1,037,471
-23%
Fees to Service Providers
$14,303
$80,115
+460%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$72,278
$114,035
+58%
Interest
$1,354
$1,863
+38%
Depreciation
$1,616
$1,454
-10%
Other
$1,965,028
$748,435
-62%
Total Expenses
$3,409,977
$2,828,965
-17%
Net income
2023
2024
Change
Net income
-$696,322
-$104,591
+85%
Functional Expenses
Summary
2023
2024
Change
Program
$2,648,870
$2,024,721
-24%
Admin
$395,281
$310,095
-22%
Fundraising
$365,826
$494,149
+35%
Total Expenses
$3,409,977
$2,828,965
-17%
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