BELIEVE FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$532,986
Contributions
95%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$385,320
Grants
90%
Advertising & Promotion
5%
Other
2%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$605,640
$507,390
-16%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$13,066
$25,596
+96%
Other
$0
$0
-
Total Revenues
$618,706
$532,986
-14%
Expenses
2023
2024
Change
Grants
$340,385
$344,885
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,775
$6,550
+269%
Advertising & Promotion
$26,285
$18,836
-28%
Offices, Occupancy & IT
$7,043
$5,897
-16%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$6,565
$9,152
+39%
Total Expenses
$382,053
$385,320
+1%
Net income
2023
2024
Change
Net income
+$236,653
+$147,666
-38%
Functional Expenses
Summary
2023
2024
Change
Program
$340,385
$344,885
+1%
Admin
$41,668
$40,435
-3%
Fundraising
$0
$0
-
Total Expenses
$382,053
$385,320
+1%
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