FUTURE LEADERS OF AMERICA

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$6,017,208
Contributions
90%
Government Grants
8%
Investments
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$3,159,775
Salaries & Benefits
45%
Other
43%
Fees to Service Providers
6%
Offices, Occupancy & IT
6%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,148,204
$5,421,913
+152%
Government Grants
$0
$495,482
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,413
$86,240
+1493%
Other
$34,391
$13,573
-61%
Total Revenues
$2,188,008
$6,017,208
+175%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,209,407
$1,421,381
+18%
Fees to Service Providers
$81,042
$196,315
+142%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$114,751
$182,471
+59%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$982,757
$1,359,608
+38%
Total Expenses
$2,387,957
$3,159,775
+32%
Net income
2023
2024
Change
Net income
-$199,949
+$2,857,433
-1529%
Functional Expenses
Summary
2023
2024
Change
Program
$2,035,628
$2,549,490
+25%
Admin
$198,712
$373,314
+88%
Fundraising
$153,617
$236,971
+54%
Total Expenses
$2,387,957
$3,159,775
+32%
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