FOUNDATION FOR EXCELLENCE INC
Income Statement
Fiscal Year Start:
Apr 1
Revenues in 2025
$3,739,608
Government Grants
98%
Investments
2%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2025
$3,386,814
Grants
93%
Advertising & Promotion
4%
Other
3%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$2,440,857
$0
-100%
Government Grants
$0
$3,651,802
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$113,296
$87,806
-22%
Other
$0
$0
-
Total Revenues
$2,554,153
$3,739,608
+46%
Expenses
2024
2025
Change
Grants
$2,444,957
$3,138,327
+28%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$36,200
$10,425
-71%
Advertising & Promotion
$63,910
$137,812
+116%
Offices, Occupancy & IT
$3,000
$3,000
+0%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$18,013
$97,250
+440%
Total Expenses
$2,566,080
$3,386,814
+32%
Net income
2024
2025
Change
Net income
-$11,927
+$352,794
-3058%
Functional Expenses
Summary
2024
2025
Change
Program
$2,557,817
$3,302,881
+29%
Admin
$8,263
$83,933
+916%
Fundraising
$0
$0
-
Total Expenses
$2,566,080
$3,386,814
+32%
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