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MICHIGAN EDUCATOR WORKFORCE INITIATIVE

MICHIGAN EDUCATOR WORKFORCE INITIATIVE

Ypsilanti, MI, US
501(c)(3)
EIN
88-2716490
Regional Funder
funder logo

MICHIGAN EDUCATOR WORKFORCE INITIATIVE

Ypsilanti, MI, US
501(c)(3)
EIN
88-2716490
Regional Funder

Income Statement

Fiscal Year Start:
Not available
Revenues in 2024

$10,159,747

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

$4,552,668

Grants
61%
Salaries & Benefits
24%
Other
7%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Advertising & Promotion
2%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$204,997
$10,137,488
+4845%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$326,821
$0
-100%
Membership Dues
$0
$0
-
Investments
$0
$22,218
-
Other
$0
$41
-
Total Revenues
$531,818
$10,159,747
+1810%
Expenses
2023
2024
Change
Grants
$0
$2,757,099
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$144,000
$1,112,506
+673%
Fees to Service Providers
$200,471
$86,266
-57%
Advertising & Promotion
$0
$85,130
-
Offices, Occupancy & IT
$6,297
$186,801
+2867%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$37,475
$324,866
+767%
Total Expenses
$388,243
$4,552,668
+1073%
Net income
2023
2024
Change
Net income
+$143,575
+$5,607,079
+3805%
Functional Expenses
Summary
2023
2024
Change
Program
$285,924
$3,660,598
+1180%
Admin
$87,919
$852,487
+870%
Fundraising
$14,400
$39,583
+175%
Total Expenses
$388,243
$4,552,668
+1073%
Income Statement
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