NATIONAL EQUITY PROJECT
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$6,462,371
Contributions
53%
Program Services
45%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$9,418,034
Salaries & Benefits
61%
Grants
16%
Other
11%
Fees to Service Providers
9%
Offices, Occupancy & IT
4%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$3,560,154
$3,405,489
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$3,988,308
$2,883,860
-28%
Membership Dues
$0
$0
-
Investments
$126,892
$144,910
+14%
Other
$7,709
$28,112
+265%
Total Revenues
$7,683,063
$6,462,371
-16%
Expenses
2024
2025
Change
Grants
$166,639
$1,510,395
+806%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,493,296
$5,713,001
-12%
Fees to Service Providers
$1,385,770
$824,974
-40%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$384,726
$356,649
-7%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,355,837
$1,013,015
-25%
Total Expenses
$9,786,268
$9,418,034
-4%
Net income
2024
2025
Change
Net income
-$2,103,205
-$2,955,663
-41%
Functional Expenses
Summary
2024
2025
Change
Program
$7,684,194
$7,121,014
-7%
Admin
$1,969,618
$2,144,357
+9%
Fundraising
$132,456
$152,663
+15%
Total Expenses
$9,786,268
$9,418,034
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)