UFP BUSINESS ADMINISTRATION PROGRAM

UFP BUSINESS ADMINISTRATION PROGRAM

Grand Rapids, MI, US
501(c)(3)
EIN
92-0864841
School

UFP BUSINESS ADMINISTRATION PROGRAM

Grand Rapids, MI, US
501(c)(3)
EIN
92-0864841
School

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$195,990

Contributions
87%
Investments
13%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$498,439

Fees to Service Providers
66%
Offices, Occupancy & IT
28%
Advertising & Promotion
5%
Other
2%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,127,500
$170,000
-85%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,738
$25,990
+353%
Other
$0
$0
-
Total Revenues
$1,133,238
$195,990
-83%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$304,019
$326,764
+7%
Advertising & Promotion
$24,695
$24,167
-2%
Offices, Occupancy & IT
$97,773
$139,114
+42%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$9,914
$8,394
-15%
Total Expenses
$436,401
$498,439
+14%
Net income
2023
2024
Change
Net income
+$696,837
-$302,449
-143%
Functional Expenses
Summary
2023
2024
Change
Program
$418,881
$434,276
+4%
Admin
$17,520
$64,163
+266%
Fundraising
$0
$0
-
Total Expenses
$436,401
$498,439
+14%
Income Statement
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