Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,906,407
Government Grants
89%
Investments
5%
Contributions
4%
Other
<1%
Fundraising Events
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$5,112,226
Salaries & Benefits
37%
Depreciation
26%
Other
22%
Offices, Occupancy & IT
12%
Fees to Service Providers
2%
Interest
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$242,233
-
Government Grants
$5,027,672
$5,273,500
+5%
Fundraising Events
$41,060
$52,716
+28%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$10,971
$283,987
+2489%
Other
$14,287
$53,971
+278%
Total Revenues
$5,093,990
$5,906,407
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,786,381
$1,872,677
+5%
Fees to Service Providers
$90,810
$81,765
-10%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$720,299
$609,365
-15%
Interest
$27,317
$60,714
+122%
Depreciation
$1,376,768
$1,343,495
-2%
Other
$1,199,391
$1,144,210
-5%
Total Expenses
$5,200,966
$5,112,226
-2%
Net income
2023
2024
Change
Net income
-$106,976
+$794,181
-842%
Functional Expenses
Summary
2023
2024
Change
Program
$4,444,190
$4,342,341
-2%
Admin
$736,518
$750,867
+2%
Fundraising
$20,258
$19,018
-6%
Total Expenses
$5,200,966
$5,112,226
-2%