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FOUNDATION FOR SOUTHEAST TEXAS INC

FOUNDATION FOR SOUTHEAST TEXAS INC

Beaumont, TX, US
501(c)(3)
EIN
76-0530567
DAF Sponsor
Community Foundation
Regional Funder
funder logo

FOUNDATION FOR SOUTHEAST TEXAS INC

Beaumont, TX, US
501(c)(3)
EIN
76-0530567
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,810,637

Contributions
75%
Other
14%
Investments
9%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$5,316,658

Grants
82%
Other
6%
Fees to Service Providers
5%
Salaries & Benefits
3%
Offices, Occupancy & IT
2%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,057,719
$8,911,403
+47%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$190,102
$185,841
-2%
Membership Dues
$0
$0
-
Investments
$654,075
$1,086,928
+66%
Other
$851,751
$1,626,465
+91%
Total Revenues
$7,753,647
$11,810,637
+52%
Expenses
2023
2024
Change
Grants
$2,749,307
$4,379,495
+59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$151,423
$161,590
+7%
Fees to Service Providers
$140,118
$252,408
+80%
Advertising & Promotion
$0
$13,655
-
Offices, Occupancy & IT
$100,622
$97,165
-3%
Interest
$0
$0
-
Depreciation
$62,729
$68,057
+8%
Other
$225,330
$344,288
+53%
Total Expenses
$3,429,529
$5,316,658
+55%
Net income
2023
2024
Change
Net income
+$4,324,118
+$6,493,979
+50%
Functional Expenses
Summary
2023
2024
Change
Program
$3,180,721
$4,985,700
+57%
Admin
$161,887
$213,416
+32%
Fundraising
$86,921
$117,542
+35%
Total Expenses
$3,429,529
$5,316,658
+55%
Income Statement
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