Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,201,865
Program Services
52%
Government Grants
45%
Contributions
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,560,138
Salaries & Benefits
41%
Other
38%
Depreciation
11%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$81,959
$73,098
-11%
Government Grants
$1,869,273
$1,887,551
+1%
Fundraising Events
$0
$0
-
Program Services
$1,880,124
$2,198,874
+17%
Membership Dues
$0
$0
-
Investments
$7,090
$40,893
+477%
Other
$26,663
$1,449
-95%
Total Revenues
$3,865,109
$4,201,865
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,237,200
$1,468,196
+19%
Fees to Service Providers
$115,895
$128,196
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$100,671
$209,348
+108%
Interest
$33,259
$20,565
-38%
Depreciation
$341,691
$393,692
+15%
Other
$1,233,637
$1,340,141
+9%
Total Expenses
$3,062,353
$3,560,138
+16%
Net income
2023
2024
Change
Net income
+$802,756
+$641,727
-20%
Functional Expenses
Summary
2023
2024
Change
Program
$2,569,299
$2,953,195
+15%
Admin
$476,592
$573,143
+20%
Fundraising
$16,462
$33,800
+105%
Total Expenses
$3,062,353
$3,560,138
+16%