Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,280,739
Government Grants
87%
Contributions
8%
Membership Dues
2%
Program Services
1%
Other
<1%
Investments
<1%
Fundraising Events
0%
Expenses in 2024
$4,921,093
Salaries & Benefits
52%
Fees to Service Providers
37%
Other
6%
Offices, Occupancy & IT
4%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$489,171
$443,764
-9%
Government Grants
$3,355,257
$4,591,390
+37%
Fundraising Events
$0
$0
-
Program Services
$42,634
$78,752
+85%
Membership Dues
$120,500
$120,490
0%
Investments
$16,672
$22,897
+37%
Other
$26,636
$23,446
-12%
Total Revenues
$4,050,870
$5,280,739
+30%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,250,239
$2,573,104
+14%
Fees to Service Providers
$1,096,503
$1,814,823
+66%
Advertising & Promotion
$425
$1,273
+200%
Offices, Occupancy & IT
$164,411
$218,848
+33%
Interest
$1,032
$1,119
+8%
Depreciation
$5,548
$1,596
-71%
Other
$283,322
$310,330
+10%
Total Expenses
$3,801,480
$4,921,093
+29%
Net income
2023
2024
Change
Net income
+$249,390
+$359,646
+44%
Functional Expenses
Summary
2023
2024
Change
Program
$3,532,477
$4,598,024
+30%
Admin
$269,003
$323,069
+20%
Fundraising
$0
$0
-
Total Expenses
$3,801,480
$4,921,093
+29%