TRUTH MATTERS TRUST
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$216,637
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$225,978
Other
48%
Salaries & Benefits
37%
Grants
5%
Fees to Service Providers
4%
Offices, Occupancy & IT
4%
Advertising & Promotion
2%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$202,156
$216,637
+7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$202,156
$216,637
+7%
Expenses
2023
2024
Change
Grants
$10,000
$11,500
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$84,000
$84,000
+0%
Fees to Service Providers
$2,354
$9,770
+315%
Advertising & Promotion
$0
$4,000
-
Offices, Occupancy & IT
$3,531
$9,363
+165%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$80,097
$107,345
+34%
Total Expenses
$179,982
$225,978
+26%
Net income
2023
2024
Change
Net income
+$22,174
-$9,341
-142%
Functional Expenses
Summary
2023
2024
Change
Program
$174,404
$196,812
+13%
Admin
$5,578
$25,166
+351%
Fundraising
$0
$4,000
-
Total Expenses
$179,982
$225,978
+26%
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