LUTHERAN BIBLE TRANSLATORS INC
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$6,570,136
Contributions
N/A
Investments
N/A
Government Grants
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$6,726,231
Salaries & Benefits
47%
Grants
22%
Other
19%
Fees to Service Providers
7%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,847,423
$6,176,426
-10%
Government Grants
$235,333
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$311,999
$408,366
+31%
Other
-$136,038
-$14,656
-89%
Total Revenues
$7,258,717
$6,570,136
-9%
Expenses
2023
2024
Change
Grants
$1,526,163
$1,476,939
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,740,808
$3,182,196
+16%
Fees to Service Providers
$411,274
$465,974
+13%
Advertising & Promotion
$95,825
$93,041
-3%
Offices, Occupancy & IT
$276,130
$211,822
-23%
Interest
$0
$0
-
Depreciation
$34,916
$44,369
+27%
Other
$2,143,451
$1,251,890
-42%
Total Expenses
$7,228,567
$6,726,231
-7%
Net income
2023
2024
Change
Net income
+$30,150
-$156,095
-618%
Functional Expenses
Summary
2023
2024
Change
Program
$5,866,681
$4,762,968
-19%
Admin
$840,490
$1,198,596
+43%
Fundraising
$521,396
$764,667
+47%
Total Expenses
$7,228,567
$6,726,231
-7%
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