STARTEDUP FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,421,425
Program Services
72%
Contributions
18%
Government Grants
9%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,892,988
Salaries & Benefits
37%
Fees to Service Providers
34%
Other
12%
Grants
9%
Offices, Occupancy & IT
7%
Advertising & Promotion
1%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$259,439
$447,738
+73%
Government Grants
$0
$226,000
-
Fundraising Events
$0
$0
-
Program Services
$1,724,740
$1,743,584
+1%
Membership Dues
$0
$0
-
Investments
$0
$3,284
-
Other
$0
$819
-
Total Revenues
$1,984,179
$2,421,425
+22%
Expenses
2023
2024
Change
Grants
$2,500
$171,250
+6750%
Benefits to Members
$0
$0
-
Salaries & Benefits
$631,173
$691,596
+10%
Fees to Service Providers
$447,740
$638,881
+43%
Advertising & Promotion
$68,789
$24,006
-65%
Offices, Occupancy & IT
$162,348
$138,918
-14%
Interest
$0
$284
-
Depreciation
$1,247
$117
-91%
Other
$471,893
$227,936
-52%
Total Expenses
$1,785,690
$1,892,988
+6%
Net income
2023
2024
Change
Net income
+$198,489
+$528,437
+166%
Functional Expenses
Summary
2023
2024
Change
Program
$1,283,254
$1,258,425
-2%
Admin
$269,418
$341,849
+27%
Fundraising
$233,018
$292,714
+26%
Total Expenses
$1,785,690
$1,892,988
+6%
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