Income Statement

Fiscal Year: 2024
Revenues in 2024
$2,309,365
Contributions
55%
Program Services
23%
Government Grants
22%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$2,538,841
Salaries & Benefits
42%
Fees to Service Providers
24%
Grants
15%
Other
12%
Offices, Occupancy & IT
7%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,091,204
$1,262,507
+16%
Government Grants
$75,000
$518,098
+591%
Fundraising Events
$0
$0
-
Program Services
$34,325
$528,760
+1440%
Membership Dues
$0
$0
-
Investments
$3,445
$0
-100%
Other
$0
$0
-
Total Revenues
$1,203,974
$2,309,365
+92%
Expenses
2023
2024
Change
Grants
$625,000
$375,000
-40%
Benefits to Members
$0
$0
-
Salaries & Benefits
$824,249
$1,065,651
+29%
Fees to Service Providers
$239,702
$597,918
+149%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$133,856
$172,366
+29%
Interest
$0
$11,222
-
Depreciation
$5,325
$5,315
0%
Other
$251,475
$311,369
+24%
Total Expenses
$2,079,607
$2,538,841
+22%
Net income
2023
2024
Change
Net income
-$875,633
-$229,476
+74%
Functional Expenses
Summary
2023
2024
Change
Program
$1,499,057
$1,750,086
+17%
Admin
$500,312
$666,693
+33%
Fundraising
$80,238
$122,062
+52%
Total Expenses
$2,079,607
$2,538,841
+22%