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State Alliance of Michigan YMCAs (0050)

State Alliance of Michigan YMCAs (0050)

Ann Arbor, MI, US
501(c)3
EIN
81-2010263
Regional Funder
funder logo

State Alliance of Michigan YMCAs (0050)

Ann Arbor, MI, US
501(c)3
EIN
81-2010263
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$23,908,827

Program Services
97%
Investments
1%
Contributions
1%
Membership Dues
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$23,314,982

Grants
89%
Salaries & Benefits
5%
Other
4%
Fees to Service Providers
1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$154,056
$260,115
+69%
Government Grants
$15,575,908
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$1,177,478
$23,242,556
+1874%
Membership Dues
$97,100
$95,900
-1%
Investments
$81,290
$310,106
+281%
Other
$963
$150
-84%
Total Revenues
$17,086,795
$23,908,827
+40%
Expenses
2023
2024
Change
Grants
$13,128,477
$20,796,039
+58%
Benefits to Members
$0
$0
-
Salaries & Benefits
$627,906
$1,105,494
+76%
Fees to Service Providers
$158,803
$338,674
+113%
Advertising & Promotion
$210,088
$0
-100%
Offices, Occupancy & IT
$54,454
$88,436
+62%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,483,321
$986,339
-34%
Total Expenses
$15,663,049
$23,314,982
+49%
Net income
2023
2024
Change
Net income
+$1,423,746
+$593,845
-58%
Functional Expenses
Summary
2023
2024
Change
Program
$15,346,315
$22,838,307
+49%
Admin
$316,734
$476,675
+50%
Fundraising
$0
$0
-
Total Expenses
$15,663,049
$23,314,982
+49%
Income Statement
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