Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,050,103
Government Grants
90%
Contributions
6%
Other
3%
Investments
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$5,990,773
Salaries & Benefits
71%
Fees to Service Providers
9%
Offices, Occupancy & IT
7%
Other
6%
Advertising & Promotion
6%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$427,768
$371,610
-13%
Government Grants
$5,229,429
$5,442,292
+4%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$23,845
$61,731
+159%
Other
$145,681
$174,470
+20%
Total Revenues
$5,826,723
$6,050,103
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,858,101
$4,273,268
+11%
Fees to Service Providers
$480,927
$517,604
+8%
Advertising & Promotion
$279,175
$338,072
+21%
Offices, Occupancy & IT
$655,908
$396,248
-40%
Interest
$0
$0
-
Depreciation
$93,412
$110,165
+18%
Other
$334,164
$355,416
+6%
Total Expenses
$5,701,687
$5,990,773
+5%
Net income
2023
2024
Change
Net income
+$125,036
+$59,330
-53%
Functional Expenses
Summary
2023
2024
Change
Program
$5,351,801
$5,585,681
+4%
Admin
$226,256
$272,421
+20%
Fundraising
$123,630
$132,671
+7%
Total Expenses
$5,701,687
$5,990,773
+5%