IBN SINA FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$14,231,400
Program Services
79%
Contributions
13%
Investments
7%
Other
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,416,271
Salaries & Benefits
72%
Other
22%
Fees to Service Providers
3%
Depreciation
2%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,162,150
$1,786,734
+54%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$11,019,263
$11,172,060
+1%
Membership Dues
$0
$0
-
Investments
$910,998
$987,845
+8%
Other
-$357
$284,761
-79865%
Total Revenues
$13,092,054
$14,231,400
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,836,122
$8,877,691
+13%
Fees to Service Providers
$436,611
$410,822
-6%
Advertising & Promotion
$99,035
$81,992
-17%
Offices, Occupancy & IT
$160,228
$60,548
-62%
Interest
$0
$0
-
Depreciation
$380,607
$299,704
-21%
Other
$2,268,268
$2,685,514
+18%
Total Expenses
$11,180,871
$12,416,271
+11%
Net income
2023
2024
Change
Net income
+$1,911,183
+$1,815,129
-5%
Functional Expenses
Summary
2023
2024
Change
Program
$9,899,229
$10,632,826
+7%
Admin
$1,281,642
$1,783,445
+39%
Fundraising
$0
$0
-
Total Expenses
$11,180,871
$12,416,271
+11%
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