TAMING MUSTANGS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2023
$539,369
Contributions
76%
Program Services
24%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2023
$549,704
Fees to Service Providers
55%
Other
20%
Salaries & Benefits
18%
Advertising & Promotion
7%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2022
2023
Change
Contributions
$797,636
$408,573
-49%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$130,796
-
Membership Dues
$0
$0
-
Investments
$1
$0
-100%
Other
-$170
$0
-100%
Total Revenues
$797,467
$539,369
-32%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$153,415
$100,375
-35%
Fees to Service Providers
$164,793
$301,274
+83%
Advertising & Promotion
$31,149
$35,980
+16%
Offices, Occupancy & IT
$2,364
$4,332
+83%
Interest
$14,580
$0
-100%
Depreciation
$0
$0
-
Other
$78,229
$107,743
+38%
Total Expenses
$444,530
$549,704
+24%
Net income
2022
2023
Change
Net income
+$352,937
-$10,335
-103%
Functional Expenses
Summary
2022
2023
Change
Program
$306,158
$390,082
+27%
Admin
$136,989
$159,622
+17%
Fundraising
$1,383
$0
-100%
Total Expenses
$444,530
$549,704
+24%
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