ACTS HOMEOWNERSHIP ACQUISITIONS INC
Income Statement
Fiscal Year Start:
Not available
Revenues in 2024
$4,163,113
Government Grants
52%
Other
44%
Program Services
3%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,415,849
Salaries & Benefits
48%
Offices, Occupancy & IT
23%
Fees to Service Providers
20%
Other
5%
Interest
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,422,493
$0
-100%
Government Grants
$724,356
$2,165,814
+199%
Fundraising Events
$0
$0
-
Program Services
$58,835
$117,518
+100%
Membership Dues
$0
$0
-
Investments
$9,098
$29,229
+221%
Other
$121,341
$1,850,552
+1425%
Total Revenues
$4,336,123
$4,163,113
-4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$544,073
$673,804
+24%
Fees to Service Providers
$56,620
$288,478
+409%
Advertising & Promotion
$5,278
$753
-86%
Offices, Occupancy & IT
$158,394
$326,236
+106%
Interest
$0
$60,439
-
Depreciation
$0
$0
-
Other
$30,736
$66,139
+115%
Total Expenses
$795,101
$1,415,849
+78%
Net income
2023
2024
Change
Net income
+$3,541,022
+$2,747,264
-22%
Functional Expenses
Summary
2023
2024
Change
Program
$587,151
$1,106,929
+89%
Admin
$120,712
$229,797
+90%
Fundraising
$87,238
$79,123
-9%
Total Expenses
$795,101
$1,415,849
+78%
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