Greater Educational Opportunities Foundation

Greater Educational Opportunities Foundation

Indianapolis, IN, US
501(c)(3)
EIN
95-4406881
School
Regional Funder

Greater Educational Opportunities Foundation

Indianapolis, IN, US
501(c)(3)
EIN
95-4406881
School
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$12,578,463

Program Services
49%
Government Grants
24%
Contributions
18%
Other
8%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$11,332,967

Salaries & Benefits
51%
Fees to Service Providers
33%
Offices, Occupancy & IT
5%
Other
4%
Depreciation
3%
Grants
2%
Interest
2%
Advertising & Promotion
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,235,000
$2,300,000
+86%
Government Grants
$3,854,981
$3,046,734
-21%
Fundraising Events
$0
$0
-
Program Services
$7,573,013
$6,136,603
-19%
Membership Dues
$0
$0
-
Investments
$171,751
$81,344
-53%
Other
$1,290,605
$1,013,782
-21%
Total Revenues
$14,125,350
$12,578,463
-11%
Expenses
2023
2024
Change
Grants
$1,829,942
$248,959
-86%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,477,538
$5,735,884
+5%
Fees to Service Providers
$4,112,709
$3,715,346
-10%
Advertising & Promotion
$54,124
$147,920
+173%
Offices, Occupancy & IT
$764,341
$566,530
-26%
Interest
$407,022
$175,489
-57%
Depreciation
$334,963
$326,847
-2%
Other
$479,081
$415,992
-13%
Total Expenses
$13,459,720
$11,332,967
-16%
Net income
2023
2024
Change
Net income
+$665,630
+$1,245,496
+87%
Functional Expenses
Summary
2023
2024
Change
Program
$10,319,952
$9,422,143
-9%
Admin
$2,985,189
$1,844,681
-38%
Fundraising
$154,579
$66,143
-57%
Total Expenses
$13,459,720
$11,332,967
-16%
Income Statement
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