Page 32 - TMCF Annual Report, 2022

Thurgood Marshall College Fund and Affiliates
Consolidated Statement of Functional Expenses For the Year Ended December 31, 2022
Program Services
7,657,355
6,263,107 39,639,285 4,987,169 855,877 219,140 853,245 645,250 708,664 357,595 142,662 43,593 - 4,005,818
66,378,760
Supporting Services
Management and General
Development
Total Expenses
$ 13,153,580 8,094,780 39,650,180 6,364,861 1,311,530 562,442 1,283,881 708,719 852,707 646,833 173,244 113,430 1,713,095 4,005,818
$ 78,635,100
Salaries and fringe benefits Travel and conferences Scholarships and awards Consultants and professionals Promotion and advertising Rent (office and equipment) Technology
Subscriptions and dues Office expense and supplies Miscellaneous
Printing and publications Insurance
Bad debt
In-kind expense
Total Expenses
$
$
4,258,331 702,128 735 444,580 447,670 343,302 410,160 57,763 126,939 287,940 17,917 69,837 1,713,095 -
8,880,397
$
1,237,894 1,129,545 10,160 933,112 7,983 - 20,476 5,706 17,104 1,298 12,665 - - -
3,375,943
$
$
$
See accompanying notes. 7
32 2022 ANNUAL REPORT