FARESTART
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$14,654,450
Contributions
53%
Other
19%
Fundraising Events
14%
Government Grants
10%
Investments
3%
Program Services
2%
Membership Dues
0%
Expenses in 2024
$15,060,357
Salaries & Benefits
67%
Offices, Occupancy & IT
8%
Other
8%
Depreciation
6%
Grants
6%
Fees to Service Providers
3%
Interest
2%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$9,390,115
$7,790,280
-17%
Government Grants
$5,413,155
$1,448,784
-73%
Fundraising Events
$1,900,578
$1,988,906
+5%
Program Services
$233,949
$220,050
-6%
Membership Dues
$0
$0
-
Investments
$80,775
$391,455
+385%
Other
$2,044,884
$2,814,975
+38%
Total Revenues
$19,063,456
$14,654,450
-23%
Expenses
2023
2024
Change
Grants
$1,621,865
$838,047
-48%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,437,969
$10,118,572
-19%
Fees to Service Providers
$1,076,209
$448,564
-58%
Advertising & Promotion
$12,920
$0
-100%
Offices, Occupancy & IT
$1,242,547
$1,276,457
+3%
Interest
$28,175
$231,661
+722%
Depreciation
$463,578
$915,536
+97%
Other
$1,348,745
$1,231,520
-9%
Total Expenses
$18,232,008
$15,060,357
-17%
Net income
2023
2024
Change
Net income
+$831,448
-$405,907
-149%
Functional Expenses
Summary
2023
2024
Change
Program
$13,717,362
$11,527,080
-16%
Admin
$3,316,401
$2,402,016
-28%
Fundraising
$1,198,245
$1,131,261
-6%
Total Expenses
$18,232,008
$15,060,357
-17%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)