Annual Financial Reports

2020 Profit and Loss Statement

Revenue
Monthly Recurring Donations$4,728
Year-End Fundraising Event$10,498
Grant Income$8,313
Misc. Income$1,200
Total Revenue$24,739
Expenses
Managing Editor/Lead Journalist$10,800
Additional Journalists & Interns$2,790
Grant Writing & Consulting Expenses$3,468
Operational Expenses$5,074
Total Expenses$22,132
2020 Operating Surplus (Deficit)$2,607
Total Cash Reserve as of December 31, 2020$8,877

2019 Profit and Loss Statement

Ordinary Income/Expense
Income
Individual Contributions$10,796.96
Business Contributions$1,375.00
Total Income$12,171.96
Gross Profit$12,171.96
Expense
Office Expense$356.75
Advertising$40.00
Bank & CC Fees$419.57
Business Expenses$10.00
Contract Services$4,471.28
Internet / Web Services$280.00
Meeting Expenses$94.38
Memberships and Dues$517.00
Operations$116.49
Programming Costs/Expense$187.87
Program Supplies$472.62
Sponsorship Charge$914.17
Total Expense$7,880.13
Net Ordinary Income$4,291.83
Net Income$4,291.83
Beginning cash$1,978.00
Jan thru Dec 2019$4,291.83
Ending cash$6,269.83

2018 Profit and Loss Statement

Ordinary Income/Expense

INCOME

Individual Contributions 6,614.19
Sponsorship Income 2.47
Total Income 6,616.66
Gross Profit 6,616.66

EXPENSE

Office Expense 25.85
Bank & CC Fees 150.10
Contract Services 365.50
Fundraising Other Expenses 273.10
Payroll 159.33
Programming Costs/Expense 335.36
Program Supplies 2,800.70
Sponsorship Charge 528.90
Total Expense 4,638.84

Net Ordinary Income 1,977.82
Net Income 1,977.82

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