Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,118,050
Program Services
84%
Government Grants
11%
Investments
5%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$615,485
Salaries & Benefits
55%
Offices, Occupancy & IT
28%
Other
17%
Depreciation
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$1,322,125
$122,967
-91%
Fundraising Events
$0
$0
-
Program Services
$35,266
$943,722
+2576%
Membership Dues
$0
$0
-
Investments
$7,265
$51,361
+607%
Other
$0
$0
-
Total Revenues
$1,364,656
$1,118,050
-18%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$321,865
$339,032
+5%
Fees to Service Providers
$8,081
$801
-90%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$168,012
$170,853
+2%
Interest
$0
$0
-
Depreciation
$4,101
$2,732
-33%
Other
$203,914
$102,067
-50%
Total Expenses
$705,973
$615,485
-13%
Net income
2023
2024
Change
Net income
+$658,683
+$502,565
-24%
Functional Expenses
Summary
2023
2024
Change
Program
$652,475
$514,844
-21%
Admin
$53,498
$100,641
+88%
Fundraising
$0
$0
-
Total Expenses
$705,973
$615,485
-13%