THE BORIS LAWRENCE HENSON FOUNDATION

THE BORIS LAWRENCE HENSON FOUNDATION

National Harbor, MD, US
501(c)3
EIN
82-3814846
Fund Raising & Fund Distribution

THE BORIS LAWRENCE HENSON FOUNDATION

National Harbor, MD, US
501(c)3
EIN
82-3814846
Fund Raising & Fund Distribution

Income Statement

Fiscal Year Start:
Dec 1
Revenues in 2024

$2,122,019

Contributions
77%
Program Services
10%
Government Grants
10%
Other
2%
Membership Dues
1%
Investments
<1%
Fundraising Events
0%
Expenses in 2024

$2,316,952

Salaries & Benefits
41%
Fees to Service Providers
33%
Other
14%
Offices, Occupancy & IT
10%
Depreciation
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$127,279
$1,643,001
+1191%
Government Grants
$0
$205,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$215,448
-
Membership Dues
$742
$22,588
+2944%
Investments
$0
$3,362
-
Other
$0
$32,620
-
Total Revenues
$128,021
$2,122,019
+1558%
Expenses
2023
2024
Change
Grants
$52,600
$16,000
-70%
Benefits to Members
$0
$0
-
Salaries & Benefits
$207,801
$944,651
+355%
Fees to Service Providers
$19,793
$755,930
+3719%
Advertising & Promotion
$0
$6,585
-
Offices, Occupancy & IT
$3,923
$229,778
+5757%
Interest
$0
$0
-
Depreciation
$0
$44,080
-
Other
$18,796
$319,928
+1602%
Total Expenses
$302,913
$2,316,952
+665%
Net income
2023
2024
Change
Net income
-$174,892
-$194,933
-11%
Functional Expenses
Summary
2023
2024
Change
Program
$86,470
$1,507,029
+1643%
Admin
$194,384
$681,034
+250%
Fundraising
$22,059
$128,889
+484%
Total Expenses
$302,913
$2,316,952
+665%
Income Statement
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