LEE INITIATIVE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,337,862
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$3,009,151
Grants
78%
Salaries & Benefits
10%
Other
5%
Fees to Service Providers
3%
Advertising & Promotion
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,416,753
$2,337,862
+65%
Government Grants
$0
$0
-
Fundraising Events
$5,590
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
-$7,415
$0
-100%
Total Revenues
$1,414,928
$2,337,862
+65%
Expenses
2023
2024
Change
Grants
$1,026,000
$2,349,184
+129%
Benefits to Members
$0
$0
-
Salaries & Benefits
$412,811
$313,177
-24%
Fees to Service Providers
$129,793
$87,999
-32%
Advertising & Promotion
$72,354
$70,152
-3%
Offices, Occupancy & IT
$31,433
$18,838
-40%
Interest
$0
$0
-
Depreciation
$18,832
$18,832
+0%
Other
$308,026
$150,969
-51%
Total Expenses
$1,999,249
$3,009,151
+51%
Net income
2023
2024
Change
Net income
-$584,321
-$671,289
-15%
Functional Expenses
Summary
2023
2024
Change
Program
$1,571,887
$2,638,952
+68%
Admin
$199,704
$180,318
-10%
Fundraising
$227,658
$189,881
-17%
Total Expenses
$1,999,249
$3,009,151
+51%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)