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Black Ambition Opportunity Inc

Black Ambition Opportunity Inc

Miami, FL, US
501(c)3
EIN
85-1559517
funder logo

Black Ambition Opportunity Inc

Miami, FL, US
501(c)3
EIN
85-1559517

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$6,100,508

Contributions
>99%
Program Services
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$7,286,351

Other
40%
Grants
24%
Fees to Service Providers
15%
Salaries & Benefits
13%
Offices, Occupancy & IT
5%
Advertising & Promotion
3%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$5,092,493
$6,086,828
+20%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$74,000
$12,826
-83%
Membership Dues
$0
$0
-
Investments
$225
$854
+280%
Other
$0
$0
-
Total Revenues
$5,166,718
$6,100,508
+18%
Expenses
2023
2024
Change
Grants
$2,185,712
$1,751,500
-20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$961,353
$968,846
+1%
Fees to Service Providers
$856,586
$1,105,161
+29%
Advertising & Promotion
$543,894
$209,404
-61%
Offices, Occupancy & IT
$595,231
$357,440
-40%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$2,169,846
$2,894,000
+33%
Total Expenses
$7,312,622
$7,286,351
0%
Net income
2023
2024
Change
Net income
-$2,145,904
-$1,185,843
+45%
Functional Expenses
Summary
2023
2024
Change
Program
$5,894,627
$6,229,303
+6%
Admin
$1,203,110
$900,358
-25%
Fundraising
$214,885
$156,690
-27%
Total Expenses
$7,312,622
$7,286,351
0%
Income Statement
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