Pennys Flight Foundation Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,062,467
Contributions
95%
Other
4%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,046,844
Other
70%
Salaries & Benefits
19%
Grants
11%
Depreciation
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,651,262
$1,950,586
+18%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$11,481
$38,586
+236%
Other
$21,158
$73,295
+246%
Total Revenues
$1,683,901
$2,062,467
+22%
Expenses
2023
2024
Change
Grants
$644,845
$110,199
-83%
Benefits to Members
$0
$0
-
Salaries & Benefits
$82,891
$201,302
+143%
Fees to Service Providers
$34,111
$0
-100%
Advertising & Promotion
$33,870
$0
-100%
Offices, Occupancy & IT
$99,078
$0
-100%
Interest
$0
$0
-
Depreciation
$932
$1,491
+60%
Other
$420,592
$733,852
+74%
Total Expenses
$1,316,319
$1,046,844
-20%
Net income
2023
2024
Change
Net income
+$367,582
+$1,015,623
+176%
Functional Expenses
Summary
2023
2024
Change
Program
$679,840
$355,188
-48%
Admin
$298,796
$105,356
-65%
Fundraising
$337,683
$586,300
+74%
Total Expenses
$1,316,319
$1,046,844
-20%
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