JOIN FREEWORLD INC
JOIN FREEWORLD INC
JOIN FREEWORLD INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$10,714,559
Contributions
96%
Investments
2%
Program Services
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$13,575,486
Grants
72%
Salaries & Benefits
23%
Other
3%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,774,463
$10,302,879
+33%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$140,323
$151,659
+8%
Membership Dues
$0
$0
-
Investments
$145,283
$260,021
+79%
Other
$0
$0
-
Total Revenues
$8,060,069
$10,714,559
+33%
Expenses
2023
2024
Change
Grants
$6,016,542
$9,738,920
+62%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,122,547
$3,173,026
+49%
Fees to Service Providers
$128,881
$122,863
-5%
Advertising & Promotion
$0
$42,173
-
Offices, Occupancy & IT
$27,658
$86,183
+212%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$275,542
$412,321
+50%
Total Expenses
$8,571,170
$13,575,486
+58%
Net income
2023
2024
Change
Net income
-$511,101
-$2,860,927
-460%
Functional Expenses
Summary
2023
2024
Change
Program
$7,697,505
$12,280,230
+60%
Admin
$528,751
$872,121
+65%
Fundraising
$344,914
$423,135
+23%
Total Expenses
$8,571,170
$13,575,486
+58%
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