ALPHA LIGHT FUND INCORPORATED
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,808,655
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$493,083
Interest
50%
Fees to Service Providers
23%
Other
11%
Grants
10%
Offices, Occupancy & IT
7%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$97,090
$4,807,216
+4851%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$54,987
$1,439
-97%
Other
$22,709
$0
-100%
Total Revenues
$174,786
$4,808,655
+2651%
Expenses
2023
2024
Change
Grants
$2,812
$50,000
+1678%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$171,803
$111,490
-35%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$54,695
$34,147
-38%
Interest
$131,823
$245,276
+86%
Depreciation
$0
$0
-
Other
$57,010
$52,170
-8%
Total Expenses
$418,143
$493,083
+18%
Net income
2023
2024
Change
Net income
-$243,357
+$4,315,572
-1873%
Functional Expenses
Summary
2023
2024
Change
Program
$254,577
$390,495
+53%
Admin
$21,608
$27,588
+28%
Fundraising
$141,958
$75,000
-47%
Total Expenses
$418,143
$493,083
+18%
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