Durango Food Bank
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$563,592
Contributions
95%
Government Grants
4%
Other
1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$362,205
Other
57%
Salaries & Benefits
32%
Depreciation
6%
Offices, Occupancy & IT
4%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,523,522
$533,107
-65%
Government Grants
$272,182
$22,600
-92%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,500
$1,263
-16%
Other
$1,463
$6,622
+353%
Total Revenues
$1,798,667
$563,592
-69%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$161,545
$116,510
-28%
Fees to Service Providers
$3,602
$4,069
+13%
Advertising & Promotion
$655
$570
-13%
Offices, Occupancy & IT
$33,294
$13,799
-59%
Interest
$0
$0
-
Depreciation
$21,710
$22,351
+3%
Other
$1,045,225
$204,906
-80%
Total Expenses
$1,266,031
$362,205
-71%
Net income
2023
2024
Change
Net income
+$532,636
+$201,387
-62%
Functional Expenses
Summary
2023
2024
Change
Program
$1,241,135
$328,958
-73%
Admin
$19,372
$24,551
+27%
Fundraising
$5,524
$8,696
+57%
Total Expenses
$1,266,031
$362,205
-71%
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