Financials

THESSALONIANS FIVE ELEVEN FOUNDATION

STATEMENT OF REVENUE AND EXPENSES

FOR YEAR ENDING DECEMBER 31, 2023  

DONATIONS 6,976.77

MERCHANT FEES -49.00

Total Donations 6,927.47

Direct Costs

PROGRAMS 4,888.19

Total Direct Costs 4,888.19

Overhead Expenses

Advertising and Promotion 760.79

Bank Service Charges 60.00

Office Supplies 40.63

REGISTRATION FEES 850.00

VOLUNTEER COSTS 51.25

Total Overhead Expense 1,762.67

Net Funds 276.61

THESSALONIANS FIVE ELEVEN FOUNDATION

STATEMENT OF REVENUE AND EXPENSES

FOR YEAR ENDING DECEMBER 31, 2024 

DONATIONS 1,000.00

MERCHANT FEES -49.00

Total Donations 6,927.47

Direct Costs

PROGRAMS 500.00

Total Direct Costs 500.00

Overhead Expenses

Advertising and Promotion 337.00

Bank Service Charges 110.00

Background check 10.00

Total Overhead Expense 457.00

Net Funds $43.00

For more than a decade that I have pursued the mission that is now Thessalonians 511 Foundation, the first six months of year are always quiet (fortunately for tax season). Last year was a year with many distractions throughout the whole year, so the assistance decreased over the prior year. However, as I post this on 7/16/25 (the following year), the foundation already has half the contributions of the first year. I will wait for the end of year to write about the Programs assisted. Looking forward to seeing how well the year proceeds. Cross your fingers. 🙂