GLOBAL FISHING WATCH INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$19,594,410
Contributions
86%
Investments
6%
Government Grants
5%
Program Services
1%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$19,860,765
Salaries & Benefits
47%
Fees to Service Providers
28%
Grants
11%
Other
8%
Offices, Occupancy & IT
6%
Advertising & Promotion
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$67,673,059
$16,847,503
-75%
Government Grants
$996,354
$1,041,124
+4%
Fundraising Events
$0
$0
-
Program Services
$255,422
$227,642
-11%
Membership Dues
$0
$0
-
Investments
$522,282
$1,260,166
+141%
Other
$31,660
$217,975
+588%
Total Revenues
$69,478,777
$19,594,410
-72%
Expenses
2023
2024
Change
Grants
$1,135,507
$2,114,784
+86%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,015,877
$9,253,666
+54%
Fees to Service Providers
$3,898,118
$5,484,098
+41%
Advertising & Promotion
$276,837
$258,529
-7%
Offices, Occupancy & IT
$289,408
$1,245,339
+330%
Interest
$0
$0
-
Depreciation
$11,653
$6,838
-41%
Other
$1,540,462
$1,497,511
-3%
Total Expenses
$13,167,862
$19,860,765
+51%
Net income
2023
2024
Change
Net income
+$56,310,915
-$266,355
-100%
Functional Expenses
Summary
2023
2024
Change
Program
$11,026,464
$16,651,215
+51%
Admin
$1,971,756
$2,773,330
+41%
Fundraising
$169,642
$436,220
+157%
Total Expenses
$13,167,862
$19,860,765
+51%
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