Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,213,615
Program Services
59%
Government Grants
37%
Contributions
2%
Other
2%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,194,841
Salaries & Benefits
36%
Other
36%
Depreciation
17%
Offices, Occupancy & IT
6%
Fees to Service Providers
3%
Interest
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$93,924
$80,287
-15%
Government Grants
$1,170,500
$1,176,000
+0%
Fundraising Events
$0
$0
-
Program Services
$1,482,317
$1,904,590
+28%
Membership Dues
$0
$0
-
Investments
$1,933
$1,887
-2%
Other
$87,875
$50,851
-42%
Total Revenues
$2,836,549
$3,213,615
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$860,371
$1,152,451
+34%
Fees to Service Providers
$84,521
$91,359
+8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$176,668
$205,577
+16%
Interest
$23,150
$42,722
+85%
Depreciation
$446,442
$557,869
+25%
Other
$1,007,660
$1,144,863
+14%
Total Expenses
$2,598,812
$3,194,841
+23%
Net income
2023
2024
Change
Net income
+$237,737
+$18,774
-92%
Functional Expenses
Summary
2023
2024
Change
Program
$2,173,126
$2,546,483
+17%
Admin
$411,507
$630,933
+53%
Fundraising
$14,179
$17,425
+23%
Total Expenses
$2,598,812
$3,194,841
+23%