Reignite Hope

Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$1,550,448
Government Grants
46%
Other
33%
Contributions
19%
Investments
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,262,827
Salaries & Benefits
49%
Other
32%
Fees to Service Providers
8%
Offices, Occupancy & IT
7%
Depreciation
4%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$240,648
$293,154
+22%
Government Grants
$384,459
$713,488
+86%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,202
$27,350
+426%
Other
$513,871
$516,456
+1%
Total Revenues
$1,144,180
$1,550,448
+36%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$384,966
$614,026
+60%
Fees to Service Providers
$62,100
$106,533
+72%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$89,749
$86,011
-4%
Interest
$0
$0
-
Depreciation
$35,026
$48,810
+39%
Other
$282,525
$407,447
+44%
Total Expenses
$854,366
$1,262,827
+48%
Net income
2023
2024
Change
Net income
+$289,814
+$287,621
-1%
Functional Expenses
Summary
2023
2024
Change
Program
$823,246
$1,181,006
+43%
Admin
$13,113
$52,421
+300%
Fundraising
$18,007
$29,400
+63%
Total Expenses
$854,366
$1,262,827
+48%
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