funder logo

Southgate Foundation Inc

Southgate Foundation Inc

Houston, TX, US
501(c)3
EIN
76-0352686
Regional Funder
funder logo

Southgate Foundation Inc

Houston, TX, US
501(c)3
EIN
76-0352686
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$709,668

Contributions
89%
Program Services
8%
Other
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$540,767

Grants
64%
Other
21%
Salaries & Benefits
5%
Fees to Service Providers
5%
Offices, Occupancy & IT
4%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$591,231
$632,940
+7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$73,141
$59,493
-19%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$5,465
$17,235
+215%
Total Revenues
$669,837
$709,668
+6%
Expenses
2023
2024
Change
Grants
$477,228
$346,412
-27%
Benefits to Members
$0
$0
-
Salaries & Benefits
$21,326
$29,177
+37%
Fees to Service Providers
$23,346
$28,689
+23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$25,291
$23,495
-7%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$115,683
$112,994
-2%
Total Expenses
$662,874
$540,767
-18%
Net income
2023
2024
Change
Net income
+$6,963
+$168,901
+2326%
Functional Expenses
Summary
2023
2024
Change
Program
$653,830
$530,686
-19%
Admin
$9,044
$10,081
+11%
Fundraising
$0
$0
-
Total Expenses
$662,874
$540,767
-18%
Income Statement
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