MEN'S SECOND CHANCE LIVING
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,981,291
Contributions
78%
Fundraising Events
13%
Program Services
4%
Investments
3%
Other
1%
Government Grants
1%
Membership Dues
0%
Expenses in 2024
$523,294
Other
45%
Salaries & Benefits
28%
Depreciation
9%
Offices, Occupancy & IT
8%
Fees to Service Providers
7%
Advertising & Promotion
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$855,560
$1,555,282
+82%
Government Grants
$159,051
$22,300
-86%
Fundraising Events
$8,803
$250,510
+2746%
Program Services
$70,831
$72,015
+2%
Membership Dues
$0
$0
-
Investments
$27,573
$57,570
+109%
Other
$27,089
$23,614
-13%
Total Revenues
$1,148,907
$1,981,291
+72%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$107,409
$143,930
+34%
Fees to Service Providers
$10,501
$38,992
+271%
Advertising & Promotion
$8,043
$12,626
+57%
Offices, Occupancy & IT
$30,931
$40,815
+32%
Interest
$0
$0
-
Depreciation
$38,472
$49,021
+27%
Other
$135,481
$237,910
+76%
Total Expenses
$330,837
$523,294
+58%
Net income
2023
2024
Change
Net income
+$818,070
+$1,457,997
+78%
Functional Expenses
Summary
2023
2024
Change
Program
$203,987
$202,478
-1%
Admin
$44,148
$123,057
+179%
Fundraising
$82,702
$197,759
+139%
Total Expenses
$330,837
$523,294
+58%
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