I AM BOUNDLESS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$154,267,927
Program Services
>99%
Contributions
<1%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$151,811,114
Salaries & Benefits
75%
Fees to Service Providers
18%
Other
6%
Depreciation
<1%
Grants
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,799,151
$600,787
-67%
Government Grants
$11,600
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$97,673,045
$153,591,884
+57%
Membership Dues
$0
$0
-
Investments
$216
$72,292
+33369%
Other
$928,357
$2,964
-100%
Total Revenues
$100,412,369
$154,267,927
+54%
Expenses
2023
2024
Change
Grants
$417,699
$406,247
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$78,563,882
$113,650,851
+45%
Fees to Service Providers
$81,297
$27,645,291
+33905%
Advertising & Promotion
$39,055
$197,619
+406%
Offices, Occupancy & IT
$2,820,280
$257,877
-91%
Interest
$0
$0
-
Depreciation
$858,171
$799,702
-7%
Other
$19,142,899
$8,853,527
-54%
Total Expenses
$101,923,283
$151,811,114
+49%
Net income
2023
2024
Change
Net income
-$1,510,914
+$2,456,813
-263%
Functional Expenses
Summary
2023
2024
Change
Program
$89,978,272
$128,382,213
+43%
Admin
$11,945,011
$23,428,901
+96%
Fundraising
$0
$0
-
Total Expenses
$101,923,283
$151,811,114
+49%
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