Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$14,275,033
Program Services
88%
Government Grants
5%
Contributions
3%
Investments
2%
Other
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$13,134,534
Salaries & Benefits
61%
Other
12%
Offices, Occupancy & IT
10%
Fees to Service Providers
10%
Depreciation
4%
Grants
3%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$394,041
$445,311
+13%
Government Grants
$1,941,819
$714,098
-63%
Fundraising Events
$81,665
$93,538
+15%
Program Services
$10,810,593
$12,619,983
+17%
Membership Dues
$0
$0
-
Investments
$157,101
$251,609
+60%
Other
$150,336
$150,494
+0%
Total Revenues
$13,535,555
$14,275,033
+5%
Expenses
2023
2024
Change
Grants
$381,711
$381,675
0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,457,960
$7,984,953
+7%
Fees to Service Providers
$1,182,784
$1,261,053
+7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,251,533
$1,328,717
+6%
Interest
$0
$28,140
-
Depreciation
$519,762
$570,958
+10%
Other
$1,329,795
$1,579,038
+19%
Total Expenses
$12,123,545
$13,134,534
+8%
Net income
2023
2024
Change
Net income
+$1,412,010
+$1,140,499
-19%
Functional Expenses
Summary
2023
2024
Change
Program
$10,202,161
$11,062,665
+8%
Admin
$1,739,481
$1,856,253
+7%
Fundraising
$181,903
$215,616
+19%
Total Expenses
$12,123,545
$13,134,534
+8%