WOMEN'S ECONOMIC VENTURES

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$4,190,032
Government Grants
54%
Contributions
26%
Other
11%
Program Services
6%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,823,589
Salaries & Benefits
49%
Grants
25%
Other
11%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Interest
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,206,858
$1,085,859
-10%
Government Grants
$2,565,800
$2,276,958
-11%
Fundraising Events
$0
$0
-
Program Services
$284,588
$265,339
-7%
Membership Dues
$0
$0
-
Investments
$141,872
$104,121
-27%
Other
-$721
$457,755
-63589%
Total Revenues
$4,198,397
$4,190,032
0%
Expenses
2023
2024
Change
Grants
$826,250
$963,711
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,714,846
$1,891,113
-30%
Fees to Service Providers
$99,394
$157,917
+59%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$203,604
$240,688
+18%
Interest
$101,473
$123,526
+22%
Depreciation
$30,479
$30,480
+0%
Other
$484,427
$416,154
-14%
Total Expenses
$4,460,473
$3,823,589
-14%
Net income
2023
2024
Change
Net income
-$262,076
+$366,443
-240%
Functional Expenses
Summary
2023
2024
Change
Program
$3,704,140
$3,090,930
-17%
Admin
$465,875
$519,641
+12%
Fundraising
$290,458
$213,018
-27%
Total Expenses
$4,460,473
$3,823,589
-14%
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