FREEDOM PROJECT NETWORK
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$231,398
Contributions
97%
Investments
3%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$535,840
Other
50%
Salaries & Benefits
43%
Depreciation
3%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,128,036
$224,917
-80%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,498
$6,481
+85%
Other
$0
$0
-
Total Revenues
$1,131,534
$231,398
-80%
Expenses
2023
2024
Change
Grants
$60,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$165,492
$231,907
+40%
Fees to Service Providers
$7,616
$13,506
+77%
Advertising & Promotion
$4,942
$3,844
-22%
Offices, Occupancy & IT
$4,027
$676
-83%
Interest
$0
$0
-
Depreciation
$8,336
$15,544
+86%
Other
$125,332
$270,363
+116%
Total Expenses
$375,745
$535,840
+43%
Net income
2023
2024
Change
Net income
+$755,789
-$304,442
-140%
Functional Expenses
Summary
2023
2024
Change
Program
$322,349
$387,052
+20%
Admin
$39,400
$104,274
+165%
Fundraising
$13,996
$44,514
+218%
Total Expenses
$375,745
$535,840
+43%
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