Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$18,516,507
Government Grants
78%
Contributions
17%
Program Services
3%
Other
2%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,003,852
Salaries & Benefits
46%
Grants
34%
Other
14%
Offices, Occupancy & IT
3%
Depreciation
2%
Interest
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,735,379
$3,177,681
-15%
Government Grants
$16,787,565
$14,421,951
-14%
Fundraising Events
$0
$0
-
Program Services
$408,399
$617,960
+51%
Membership Dues
$0
$0
-
Investments
$1,089
$2,364
+117%
Other
$170,774
$296,551
+74%
Total Revenues
$21,103,206
$18,516,507
-12%
Expenses
2023
2024
Change
Grants
$10,847,622
$5,390,811
-50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,095,417
$7,439,530
+5%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$449,151
$535,059
+19%
Interest
$92,119
$98,720
+7%
Depreciation
$250,784
$293,619
+17%
Other
$1,879,700
$2,246,113
+19%
Total Expenses
$20,614,793
$16,003,852
-22%
Net income
2023
2024
Change
Net income
+$488,413
+$2,512,655
+414%
Functional Expenses
Summary
2023
2024
Change
Program
$18,950,847
$14,431,823
-24%
Admin
$1,522,812
$1,365,096
-10%
Fundraising
$141,134
$206,933
+47%
Total Expenses
$20,614,793
$16,003,852
-22%