AFRICANS REACHING AFRICA INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,035,202
Contributions
94%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$851,550
Other
91%
Salaries & Benefits
9%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$910,294
$974,707
+7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$45,012
$60,495
+34%
Other
$0
$0
-
Total Revenues
$955,306
$1,035,202
+8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$66,074
$75,355
+14%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$573,082
$776,195
+35%
Total Expenses
$639,156
$851,550
+33%
Net income
2023
2024
Change
Net income
+$316,150
+$183,652
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$594,578
$794,324
+34%
Admin
$36,601
$48,443
+32%
Fundraising
$7,977
$8,783
+10%
Total Expenses
$639,156
$851,550
+33%
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