ECONOMIC OPPORTUNITY INSTITUTE

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,665,730
Investments
71%
Contributions
29%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,415,100
Salaries & Benefits
79%
Fees to Service Providers
9%
Other
6%
Offices, Occupancy & IT
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$996,069
$478,165
-52%
Government Grants
$0
$0
-
Fundraising Events
$151,175
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,270,042
$1,186,562
-7%
Other
-$35,973
$1,003
-103%
Total Revenues
$2,381,313
$1,665,730
-30%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,281,340
$1,123,295
-12%
Fees to Service Providers
$176,900
$128,776
-27%
Advertising & Promotion
$0
$13,151
-
Offices, Occupancy & IT
$75,491
$60,904
-19%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$77,542
$88,974
+15%
Total Expenses
$1,611,273
$1,415,100
-12%
Net income
2023
2024
Change
Net income
+$770,040
+$250,630
-67%
Functional Expenses
Summary
2023
2024
Change
Program
$1,008,464
$870,987
-14%
Admin
$249,534
$239,819
-4%
Fundraising
$353,275
$304,294
-14%
Total Expenses
$1,611,273
$1,415,100
-12%
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