Food Bank of Northern Nevada Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$58,631,896
Contributions
69%
Government Grants
29%
Program Services
<1%
Fundraising Events
<1%
Investments
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$55,095,015
Other
88%
Salaries & Benefits
9%
Depreciation
1%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$40,687,350
$40,451,306
-1%
Government Grants
$11,222,685
$17,294,016
+54%
Fundraising Events
$56,123
$270,000
+381%
Program Services
$545,526
$472,113
-13%
Membership Dues
$0
$0
-
Investments
$56,647
$138,872
+145%
Other
$0
$5,589
-
Total Revenues
$52,568,331
$58,631,896
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,615,190
$5,003,530
+8%
Fees to Service Providers
$504,098
$430,690
-15%
Advertising & Promotion
$7,413
$12,451
+68%
Offices, Occupancy & IT
$411,520
$586,961
+43%
Interest
$0
$0
-
Depreciation
$756,682
$797,566
+5%
Other
$43,850,852
$48,263,817
+10%
Total Expenses
$50,145,755
$55,095,015
+10%
Net income
2023
2024
Change
Net income
+$2,422,576
+$3,536,881
+46%
Functional Expenses
Summary
2023
2024
Change
Program
$47,962,134
$52,708,434
+10%
Admin
$1,151,662
$869,936
-24%
Fundraising
$1,031,959
$1,516,645
+47%
Total Expenses
$50,145,755
$55,095,015
+10%
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