According to Fort Wayne Rescue Mission Ministries’s Consolidated Audited Financial Statements for the year ended June 30, 2016:
Use of Funds as a % of Total ExpensesProgramsFund RaisingAdministrative9.5%19.6%70.9%
Expenses |
Dollars |
Programs |
$3,886,112.00 |
Fund Raising |
$1,075,876.00 |
Administrative |
$518,061.00 |
|
|
|
|
Income |
|
Contributions & Grants |
$6,399,639 |
|
In-Kind Contributions |
$327,923 |
|
United Way |
$89,110 |
|
Thrift store |
$280,610 |
|
Investment loss |
$-59,954 |
|
Change in value of charitable trusts |
$6,500 |
|
Other |
$-562 |
|
Total Income: |
$7,043,266 |
|
Expenses |
|
|
% of total
Expenses |
% of total
Income |
|
Programs: |
$3,886,112 |
|
70.91% |
55.17% |
|
Fund Raising: |
$1,075,876 |
|
19.63% |
15.28% |
|
Administrative: |
$518,061 |
|
9.45% |
7.36% |
|
Total Expenses: |
$5,480,049 |
|
Excess of Income over Expenses |
$1,563,217 |
Beginning Net Assets |
$10,075,215 |
Ending Net Assets: |
$11,638,432 |
Total Assets |
$12,928,756 |
Total Liabilities |
$1,290,324 |
|