Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$6,892,073
Program Services
46%
Contributions
27%
Government Grants
25%
Investments
2%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$5,594,777
Salaries & Benefits
32%
Other
29%
Depreciation
12%
Offices, Occupancy & IT
11%
Interest
9%
Fees to Service Providers
7%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$638,006
$1,834,802
+188%
Government Grants
$6,305,387
$1,691,546
-73%
Fundraising Events
$29,400
$34,000
+16%
Program Services
$1,812,051
$3,184,865
+76%
Membership Dues
$0
$0
-
Investments
$76,552
$141,166
+84%
Other
-$1,863
$5,694
-406%
Total Revenues
$8,859,533
$6,892,073
-22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,670,405
$1,807,134
+8%
Fees to Service Providers
$324,886
$377,095
+16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$361,873
$609,416
+68%
Interest
$122,012
$503,563
+313%
Depreciation
$191,592
$658,138
+244%
Other
$1,270,062
$1,639,431
+29%
Total Expenses
$3,940,830
$5,594,777
+42%
Net income
2023
2024
Change
Net income
+$4,918,703
+$1,297,296
-74%
Functional Expenses
Summary
2023
2024
Change
Program
$3,626,167
$5,248,955
+45%
Admin
$314,663
$345,822
+10%
Fundraising
$0
$0
-
Total Expenses
$3,940,830
$5,594,777
+42%