FMB STRONG INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,186,459
Contributions
99%
Fundraising Events
1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$1,171,984
Grants
80%
Offices, Occupancy & IT
7%
Salaries & Benefits
4%
Depreciation
4%
Fees to Service Providers
2%
Other
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$466,195
$1,173,741
+152%
Government Grants
$0
$0
-
Fundraising Events
$20,732
$12,718
-39%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$486,927
$1,186,459
+144%
Expenses
2023
2024
Change
Grants
$331,679
$942,353
+184%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$52,195
-
Fees to Service Providers
$15,964
$27,491
+72%
Advertising & Promotion
$2,535
$8,236
+225%
Offices, Occupancy & IT
$80,816
$79,842
-1%
Interest
$0
$0
-
Depreciation
$4,980
$42,953
+763%
Other
$15,323
$18,914
+23%
Total Expenses
$451,297
$1,171,984
+160%
Net income
2023
2024
Change
Net income
+$35,630
+$14,475
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$344,965
$949,270
+175%
Admin
$106,332
$222,714
+109%
Fundraising
$0
$0
-
Total Expenses
$451,297
$1,171,984
+160%
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