2019 Independent Auditor's Report

Page 8

KEY BISCAYNE COMMUNITY FOUNDATION, INC. STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2019

Grants Salaries, taxes & benefits

Professional fees Advertising & promotion Office Technology Occupancy Insurance Fiscal sponsorship Program events Licenses and memberships Dues & subsriptions Utilities Postage & shipping Special events Other expenses TOTALS

Program Services $ 721,582 108,208 9,449 1,680 125,799 1,768,023 69,167 42,817 $ 2,846,725

General & Administrative $ 43,283 35,745 8,071 12,692 3,680 9,480 5,040 5,551 3,144 2,299 1,272 $ 130,257

The accompanying notes are an integral part of these financial statements.

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Fundraising $ 64,925 2,165 $ 67,090

$

$

Total 721,582 216,416 35,745 19,685 12,692 3,680 9,480 6,720 125,799 1,768,023 5,551 3,144 2,299 1,272 69,167 42,817 3,044,072


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