
iFoster Inc
iFoster Inc

iFoster Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$9,955,391
Government Grants
72%
Contributions
22%
Program Services
6%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$10,736,548
Salaries & Benefits
64%
Grants
14%
Offices, Occupancy & IT
14%
Fees to Service Providers
7%
Other
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,032,871
$2,182,765
+7%
Government Grants
$1,602,971
$7,143,052
+346%
Fundraising Events
$0
$0
-
Program Services
$372,140
$629,559
+69%
Membership Dues
$0
$0
-
Investments
$732
$15
-98%
Other
$0
$0
-
Total Revenues
$4,008,714
$9,955,391
+148%
Expenses
2023
2024
Change
Grants
$0
$1,554,944
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,448,021
$6,840,224
+98%
Fees to Service Providers
$428,528
$803,591
+88%
Advertising & Promotion
$38,282
$4,536
-88%
Offices, Occupancy & IT
$1,061,790
$1,468,059
+38%
Interest
$0
$0
-
Depreciation
$469
$78
-83%
Other
$591,891
$65,116
-89%
Total Expenses
$5,568,981
$10,736,548
+93%
Net income
2023
2024
Change
Net income
-$1,560,267
-$781,157
+50%
Functional Expenses
Summary
2023
2024
Change
Program
$4,856,295
$9,527,779
+96%
Admin
$701,799
$1,196,009
+70%
Fundraising
$10,887
$12,760
+17%
Total Expenses
$5,568,981
$10,736,548
+93%
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