The Presidential Prayer Team
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$821,952
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$830,523
Salaries & Benefits
76%
Offices, Occupancy & IT
17%
Fees to Service Providers
4%
Depreciation
2%
Advertising & Promotion
1%
Other
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,141,390
$821,276
-28%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$864
$676
-22%
Other
$0
$0
-
Total Revenues
$1,142,254
$821,952
-28%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$966,285
$627,066
-35%
Fees to Service Providers
$63,380
$33,953
-46%
Advertising & Promotion
$4,873
$9,927
+104%
Offices, Occupancy & IT
$196,898
$138,688
-30%
Interest
$0
$0
-
Depreciation
$28,694
$20,606
-28%
Other
$3,034
$283
-91%
Total Expenses
$1,263,164
$830,523
-34%
Net income
2023
2024
Change
Net income
-$120,910
-$8,571
+93%
Functional Expenses
Summary
2023
2024
Change
Program
$499,273
$394,855
-21%
Admin
$348,335
$279,203
-20%
Fundraising
$415,556
$156,465
-62%
Total Expenses
$1,263,164
$830,523
-34%
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