MY STUFF BAGS FOUNDATION

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,221,019
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$3,125,173
Other
80%
Salaries & Benefits
12%
Offices, Occupancy & IT
6%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,632,953
$3,221,019
+22%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$2,632,953
$3,221,019
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$274,084
$361,484
+32%
Fees to Service Providers
$47,200
$25,886
-45%
Advertising & Promotion
$11,509
$24,210
+110%
Offices, Occupancy & IT
$174,827
$201,687
+15%
Interest
$9,530
$3,912
-59%
Depreciation
$0
$0
-
Other
$1,879,923
$2,507,994
+33%
Total Expenses
$2,397,073
$3,125,173
+30%
Net income
2023
2024
Change
Net income
+$235,880
+$95,846
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$2,256,747
$2,952,978
+31%
Admin
$70,168
$78,891
+12%
Fundraising
$70,158
$93,304
+33%
Total Expenses
$2,397,073
$3,125,173
+30%
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