Salama Urban Ministries
Fiscal Year
Fiscal Year Start
07/01/2024
Fiscal Year End
06/30/2025
Projected Revenue
$893,957.00
Projected Expenses
$890,275.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Salama Urban Ministries IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $481,213.00 | $465,076.00 | |
| Total Expenses | $855,278.00 | $809,708.00 | |
| Revenue Less Expenses | ($-0.00) | ($374,065.00) | ($344,632.00) |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $62,219.00 | $114,843.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $24,282.00 | $0.00 | |
| Government - Local | $12,500.00 | $0.00 | |
| Government - Unspecified | $8,564.00 | $33,643.00 | |
| Contributions, Gifts, and Grants | $309,321.00 | $119,683.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $39,689.00 | $39,003.00 | |
| Investment Income, Net of Losses | $7,079.00 | $-7,481.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $7,771.00 | $93,963.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $9,788.00 | $71,422.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $483,590.00 | $463,685.00 | |
| Administration Expense | $369,890.00 | $332,108.00 | |
| Fundraising Expense | $1,798.00 | $13,915.00 | |
| Total Revenue/Total Expenses | 56% | 57% | |
| Program Expense/Total Expenses | 57% | 57% | |
| Fundraising Expense/Contributed Revenue | 0% | 2% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $309,321.00 | Contributions, Gifts, and Grants $119,683.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Foundations and Corporations $62,219.00 | Foundations and Corporations $114,843.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $39,689.00 | Fundraising Events $93,963.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $608,625.00 | $938,762.00 | |
| Current Assets | $76,230.00 | $455,675.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $30,575.00 | $24,396.00 | |
| Total Net Assets | $578,050.00 | $914,366.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the Form 990. Schedule B removed to protect donor privacy. Form 990 was prepared by H.A. Beasley and Company, PLLC. Comments provided by Nicole Rose 06/26/2024. |
