Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,934,265
Government Grants
89%
Contributions
9%
Investments
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,829,210
Salaries & Benefits
80%
Other
10%
Fees to Service Providers
7%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$271,270
$255,518
-6%
Government Grants
$2,262,563
$2,621,196
+16%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$59,105
$31,270
-47%
Other
$18,283
$26,281
+44%
Total Revenues
$2,611,221
$2,934,265
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,033,878
$2,257,232
+11%
Fees to Service Providers
$155,341
$209,283
+35%
Advertising & Promotion
$11,463
$11,529
+1%
Offices, Occupancy & IT
$77,326
$62,867
-19%
Interest
$357
$0
-100%
Depreciation
$1,642
$1,728
+5%
Other
$239,611
$286,571
+20%
Total Expenses
$2,519,618
$2,829,210
+12%
Net income
2023
2024
Change
Net income
+$91,603
+$105,055
+15%
Functional Expenses
Summary
2023
2024
Change
Program
$1,804,187
$2,146,937
+19%
Admin
$635,846
$589,212
-7%
Fundraising
$79,585
$93,061
+17%
Total Expenses
$2,519,618
$2,829,210
+12%