Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,978,656
Government Grants
70%
Program Services
15%
Other
6%
Contributions
5%
Investments
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,958,040
Salaries & Benefits
81%
Fees to Service Providers
8%
Offices, Occupancy & IT
6%
Other
5%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$92,507
$100,000
+8%
Government Grants
$1,732,645
$1,380,438
-20%
Fundraising Events
$0
$0
-
Program Services
$325,192
$299,505
-8%
Membership Dues
$0
$0
-
Investments
$54,650
$72,354
+32%
Other
$5,360
$126,359
+2257%
Total Revenues
$2,210,354
$1,978,656
-10%
Expenses
2023
2024
Change
Grants
$2,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,564,699
$1,586,908
+1%
Fees to Service Providers
$79,320
$148,145
+87%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$82,883
$113,816
+37%
Interest
$0
$0
-
Depreciation
$4,293
$1,604
-63%
Other
$299,735
$107,567
-64%
Total Expenses
$2,032,930
$1,958,040
-4%
Net income
2023
2024
Change
Net income
+$177,424
+$20,616
-88%
Functional Expenses
Summary
2023
2024
Change
Program
$1,623,955
$1,608,287
-1%
Admin
$408,975
$349,753
-14%
Fundraising
$0
$0
-
Total Expenses
$2,032,930
$1,958,040
-4%