Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$8,765,131
Program Services
45%
Government Grants
41%
Contributions
12%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,902,906
Salaries & Benefits
44%
Other
37%
Fees to Service Providers
11%
Offices, Occupancy & IT
4%
Depreciation
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$623,739
$1,085,036
+74%
Government Grants
$3,888,514
$3,631,459
-7%
Fundraising Events
$0
$0
-
Program Services
$2,375,979
$3,985,890
+68%
Membership Dues
$0
$0
-
Investments
$22,251
$56,874
+156%
Other
$273
$5,872
+2051%
Total Revenues
$6,910,756
$8,765,131
+27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,573,850
$3,488,211
+36%
Fees to Service Providers
$244,105
$846,380
+247%
Advertising & Promotion
$24,568
$72,489
+195%
Offices, Occupancy & IT
$298,232
$327,409
+10%
Interest
$0
$0
-
Depreciation
$206,302
$236,754
+15%
Other
$1,965,650
$2,931,663
+49%
Total Expenses
$5,312,707
$7,902,906
+49%
Net income
2023
2024
Change
Net income
+$1,598,049
+$862,225
-46%
Functional Expenses
Summary
2023
2024
Change
Program
$4,616,532
$7,120,849
+54%
Admin
$624,115
$741,068
+19%
Fundraising
$72,060
$40,989
-43%
Total Expenses
$5,312,707
$7,902,906
+49%