FINANCIAL SCHOLARS INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$1,102,628
Contributions
99%
Other
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$617,745
Salaries & Benefits
76%
Other
12%
Fees to Service Providers
6%
Offices, Occupancy & IT
6%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$568,883
$1,089,710
+92%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$10,940
$12,918
+18%
Total Revenues
$579,823
$1,102,628
+90%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$380,936
$466,999
+23%
Fees to Service Providers
$23,536
$38,057
+62%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$27,035
$35,738
+32%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$41,193
$76,951
+87%
Total Expenses
$472,700
$617,745
+31%
Net income
2023
2024
Change
Net income
+$107,123
+$484,883
+353%
Functional Expenses
Summary
2023
2024
Change
Program
$376,677
$482,149
+28%
Admin
$62,401
$79,219
+27%
Fundraising
$33,622
$56,377
+68%
Total Expenses
$472,700
$617,745
+31%
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