LOCAL JOURNALISM INITIATIVE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,481,910
Contributions
89%
Program Services
7%
Investments
4%
Fundraising Events
<1%
Other
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$1,096,611
Salaries & Benefits
69%
Fees to Service Providers
17%
Offices, Occupancy & IT
6%
Other
5%
Advertising & Promotion
4%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$440,827
$1,321,538
+200%
Government Grants
$0
$0
-
Fundraising Events
$0
$7,195
-
Program Services
$0
$99,706
-
Membership Dues
$0
$0
-
Investments
$14,147
$53,462
+278%
Other
$0
$9
-
Total Revenues
$454,974
$1,481,910
+226%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$66,250
$753,457
+1037%
Fees to Service Providers
$78,771
$188,256
+139%
Advertising & Promotion
$6,124
$40,838
+567%
Offices, Occupancy & IT
$8,030
$63,000
+685%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$10,488
$51,060
+387%
Total Expenses
$169,663
$1,096,611
+546%
Net income
2023
2024
Change
Net income
+$285,311
+$385,299
+35%
Functional Expenses
Summary
2023
2024
Change
Program
$81,829
$750,565
+817%
Admin
$44,604
$199,811
+348%
Fundraising
$43,230
$146,235
+238%
Total Expenses
$169,663
$1,096,611
+546%
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