ARMENIAN AMERICAN MEDICAL SOCIETY INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$516,377
Other
45%
Program Services
28%
Membership Dues
23%
Investments
3%
Contributions
1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$534,449
Other
68%
Grants
25%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$170,391
$6,324
-96%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$195,641
$145,242
-26%
Membership Dues
$81,345
$118,875
+46%
Investments
$0
$15,732
-
Other
$109,594
$230,204
+110%
Total Revenues
$556,971
$516,377
-7%
Expenses
2023
2024
Change
Grants
$14,050
$135,500
+864%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$10,077
$11,877
+18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$17,250
$22,084
+28%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$370,897
$364,988
-2%
Total Expenses
$412,274
$534,449
+30%
Net income
2023
2024
Change
Net income
+$144,697
-$18,072
-112%
Functional Expenses
Summary
2023
2024
Change
Program
$404,140
$511,687
+27%
Admin
$8,134
$22,762
+180%
Fundraising
$0
$0
-
Total Expenses
$412,274
$534,449
+30%
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