SYNC SPACE ENTREPRENEUR CENTER
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$456,808
Membership Dues
91%
Government Grants
7%
Contributions
2%
Fundraising Events
0%
Program Services
0%
Investments
0%
Other
0%
Expenses in 2025
$495,853
Other
51%
Salaries & Benefits
47%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$0
$9,711
-
Government Grants
$69,218
$31,907
-54%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$572,220
$415,190
-27%
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$641,438
$456,808
-29%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$255,785
$231,493
-9%
Fees to Service Providers
$4,783
$5,375
+12%
Advertising & Promotion
$3,918
$2,142
-45%
Offices, Occupancy & IT
$13,977
$100
-99%
Interest
$1,578
$3,695
+134%
Depreciation
$0
$0
-
Other
$285,388
$253,048
-11%
Total Expenses
$565,429
$495,853
-12%
Net income
2024
2025
Change
Net income
+$76,009
-$39,045
-151%
Functional Expenses
Summary
2024
2025
Change
Program
$497,151
$445,681
-10%
Admin
$68,278
$50,172
-27%
Fundraising
$0
$0
-
Total Expenses
$565,429
$495,853
-12%
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