AFRICA CODE ACADEMY INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2023
$65,463
Contributions
94%
Program Services
6%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2023
$103,869
Fees to Service Providers
72%
Salaries & Benefits
21%
Other
6%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2022
2023
Change
Contributions
$44,098
$61,450
+39%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$146,000
$4,000
-97%
Membership Dues
$0
$0
-
Investments
$22
$13
-41%
Other
$0
$0
-
Total Revenues
$190,120
$65,463
-66%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$79,116
$22,030
-72%
Fees to Service Providers
$148,256
$74,902
-49%
Advertising & Promotion
$1,194
$38
-97%
Offices, Occupancy & IT
$4,631
$413
-91%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$13,788
$6,486
-53%
Total Expenses
$246,985
$103,869
-58%
Net income
2022
2023
Change
Net income
-$56,865
-$38,406
+32%
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