LIFE HUB INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$287,844
Contributions
55%
Government Grants
45%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$288,916
Salaries & Benefits
49%
Other
31%
Offices, Occupancy & IT
9%
Grants
5%
Depreciation
3%
Fees to Service Providers
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$535,414
$158,597
-70%
Government Grants
$0
$128,900
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$347
-
Other
$0
$0
-
Total Revenues
$535,414
$287,844
-46%
Expenses
2023
2024
Change
Grants
$0
$14,986
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$68,593
$142,684
+108%
Fees to Service Providers
$12,538
$4,761
-62%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$12,290
$26,754
+118%
Interest
$0
$0
-
Depreciation
$0
$8,993
-
Other
$61,918
$90,738
+47%
Total Expenses
$155,339
$288,916
+86%
Net income
2023
2024
Change
Net income
+$380,075
-$1,072
-100%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$287,131
-
Admin
$155,339
$1,785
-99%
Fundraising
$0
$0
-
Total Expenses
$155,339
$288,916
+86%
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