Logo for "SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW"

SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW

SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW

Tukwila, WA, US
501(c)(3)
EIN
91-1764008
Logo for "SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW"

SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW

Tukwila, WA, US
501(c)(3)
EIN
91-1764008

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$9,139,901

Government Grants
47%
Program Services
28%
Contributions
20%
Other
4%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$8,874,279

Salaries & Benefits
67%
Fees to Service Providers
10%
Other
8%
Interest
8%
Offices, Occupancy & IT
5%
Advertising & Promotion
2%
Grants
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,500,638
$1,847,772
+23%
Government Grants
$3,486,978
$4,271,331
+22%
Fundraising Events
$0
$0
-
Program Services
$1,724,233
$2,588,307
+50%
Membership Dues
$0
$0
-
Investments
$64,796
$67,829
+5%
Other
$2,781
$364,662
+13013%
Total Revenues
$6,779,426
$9,139,901
+35%
Expenses
2023
2024
Change
Grants
$0
$71,367
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,516,287
$5,917,882
+7%
Fees to Service Providers
$412,427
$881,296
+114%
Advertising & Promotion
$195,442
$177,297
-9%
Offices, Occupancy & IT
$472,321
$440,956
-7%
Interest
$420,940
$675,222
+60%
Depreciation
$4,096
$3,295
-20%
Other
$1,773,524
$706,964
-60%
Total Expenses
$8,795,037
$8,874,279
+1%
Net income
2023
2024
Change
Net income
-$2,015,611
+$265,622
-113%
Functional Expenses
Summary
2023
2024
Change
Program
$6,278,609
$6,074,850
-3%
Admin
$1,669,152
$2,064,259
+24%
Fundraising
$847,276
$735,170
-13%
Total Expenses
$8,795,037
$8,874,279
+1%
Income Statement
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