Accelerator for America
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,585,278
Contributions
>99%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,493,517
Salaries & Benefits
50%
Other
29%
Fees to Service Providers
14%
Offices, Occupancy & IT
7%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$955,722
$3,565,104
+273%
Government Grants
$75,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$12,602
$18,769
+49%
Other
$699
$1,405
+101%
Total Revenues
$1,044,023
$3,585,278
+243%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,023,313
$1,253,692
+23%
Fees to Service Providers
$186,216
$348,742
+87%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$24,836
$165,898
+568%
Interest
$0
$0
-
Depreciation
$3,165
$3,102
-2%
Other
$790,969
$722,083
-9%
Total Expenses
$2,028,499
$2,493,517
+23%
Net income
2023
2024
Change
Net income
-$984,476
+$1,091,761
-211%
Functional Expenses
Summary
2023
2024
Change
Program
$1,617,997
$1,999,764
+24%
Admin
$309,533
$331,276
+7%
Fundraising
$100,969
$162,477
+61%
Total Expenses
$2,028,499
$2,493,517
+23%
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