Black Male Initiative Georgia Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,405,158
Program Services
91%
Government Grants
9%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$938,636
Other
50%
Salaries & Benefits
24%
Fees to Service Providers
23%
Offices, Occupancy & IT
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$100,000
$400,000
+300%
Fundraising Events
$0
$0
-
Program Services
$527,281
$4,005,158
+660%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$627,281
$4,405,158
+602%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$239,973
$225,161
-6%
Fees to Service Providers
$83,971
$215,964
+157%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$22,991
$31,801
+38%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$219,833
$465,710
+112%
Total Expenses
$566,768
$938,636
+66%
Net income
2023
2024
Change
Net income
+$60,513
+$3,466,522
+5629%
Functional Expenses
Summary
2023
2024
Change
Program
$502,244
$740,378
+47%
Admin
$0
$0
-
Fundraising
$64,524
$198,258
+207%
Total Expenses
$566,768
$938,636
+66%
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