NEW MEXICO BAPTIST FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$1,674,849
Program Services
N/A
Investments
N/A
Contributions
N/A
Government Grants
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$1,675,464
Salaries & Benefits
81%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Other
3%
Grants
3%
Depreciation
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,413,946
$19,233
-99%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,084,264
$1,568,362
+45%
Membership Dues
$0
$0
-
Investments
$212,988
$222,101
+4%
Other
-$244,769
-$134,847
-45%
Total Revenues
$2,466,429
$1,674,849
-32%
Expenses
2023
2024
Change
Grants
$0
$48,408
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,144,722
$1,358,779
+19%
Fees to Service Providers
$91,204
$71,794
-21%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$118,725
$104,834
-12%
Interest
$81
$138
+70%
Depreciation
$27,062
$33,246
+23%
Other
$1,238,748
$58,265
-95%
Total Expenses
$2,620,542
$1,675,464
-36%
Net income
2023
2024
Change
Net income
-$154,113
-$615
+100%
Functional Expenses
Summary
2023
2024
Change
Program
$2,035,799
$1,005,313
-51%
Admin
$403,148
$461,999
+15%
Fundraising
$181,595
$208,152
+15%
Total Expenses
$2,620,542
$1,675,464
-36%
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