Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,745,749
Government Grants
67%
Contributions
18%
Program Services
12%
Investments
2%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$2,575,044
Grants
51%
Salaries & Benefits
35%
Other
5%
Depreciation
4%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$365,108
$484,610
+33%
Government Grants
$1,763,799
$1,838,992
+4%
Fundraising Events
$13,270
$24,969
+88%
Program Services
$296,183
$326,162
+10%
Membership Dues
$0
$0
-
Investments
$36,634
$55,108
+50%
Other
$23,339
$15,908
-32%
Total Revenues
$2,498,333
$2,745,749
+10%
Expenses
2023
2024
Change
Grants
$1,067,650
$1,300,918
+22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,352,860
$890,024
-34%
Fees to Service Providers
$42,899
$38,853
-9%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$139,792
$89,957
-36%
Interest
$0
$0
-
Depreciation
$120,961
$115,177
-5%
Other
$147,477
$140,115
-5%
Total Expenses
$2,871,639
$2,575,044
-10%
Net income
2023
2024
Change
Net income
-$373,306
+$170,705
-146%
Functional Expenses
Summary
2023
2024
Change
Program
$2,314,815
$2,021,044
-13%
Admin
$371,983
$359,287
-3%
Fundraising
$184,841
$194,713
+5%
Total Expenses
$2,871,639
$2,575,044
-10%