Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,915,848
Program Services
56%
Government Grants
33%
Contributions
6%
Investments
5%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,240,305
Salaries & Benefits
35%
Fees to Service Providers
27%
Other
17%
Interest
17%
Grants
1%
Depreciation
1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$806,476
$422,786
-48%
Government Grants
$3,656,120
$2,277,807
-38%
Fundraising Events
$0
$0
-
Program Services
$2,038,537
$3,865,498
+90%
Membership Dues
$0
$0
-
Investments
$131,974
$323,300
+145%
Other
$13,286
$26,457
+99%
Total Revenues
$6,646,393
$6,915,848
+4%
Expenses
2023
2024
Change
Grants
$168,500
$59,000
-65%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,521,861
$1,494,565
-2%
Fees to Service Providers
$770,149
$1,130,568
+47%
Advertising & Promotion
$9,399
$0
-100%
Offices, Occupancy & IT
$133,140
$42,254
-68%
Interest
$760,403
$727,037
-4%
Depreciation
$50,289
$48,778
-3%
Other
$978,753
$738,103
-25%
Total Expenses
$4,392,494
$4,240,305
-3%
Net income
2023
2024
Change
Net income
+$2,253,899
+$2,675,543
+19%
Functional Expenses
Summary
2023
2024
Change
Program
$3,204,846
$2,907,053
-9%
Admin
$1,122,137
$1,267,215
+13%
Fundraising
$65,511
$66,037
+1%
Total Expenses
$4,392,494
$4,240,305
-3%