Income Statement

Fiscal Year: 2024
Revenues in 2024
$7,961,118
Contributions
44%
Government Grants
35%
Other
17%
Program Services
4%
Investments
<1%
Membership Dues
<1%
Fundraising Events
0%
Expenses in 2024
$5,824,477
Salaries & Benefits
60%
Depreciation
16%
Other
11%
Offices, Occupancy & IT
7%
Fees to Service Providers
6%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,516,404
$3,476,886
+38%
Government Grants
$2,185,363
$2,751,733
+26%
Fundraising Events
$0
$0
-
Program Services
$309,230
$316,141
+2%
Membership Dues
$0
$30,995
-
Investments
$60,585
$71,237
+18%
Other
$1,399,934
$1,314,126
-6%
Total Revenues
$6,471,516
$7,961,118
+23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,282,230
$3,493,484
+6%
Fees to Service Providers
$391,127
$358,501
-8%
Advertising & Promotion
$1,220
$4,199
+244%
Offices, Occupancy & IT
$327,593
$414,887
+27%
Interest
$0
$0
-
Depreciation
$617,952
$931,110
+51%
Other
$685,576
$622,296
-9%
Total Expenses
$5,305,698
$5,824,477
+10%
Net income
2023
2024
Change
Net income
+$1,165,818
+$2,136,641
+83%
Functional Expenses
Summary
2023
2024
Change
Program
$3,711,482
$4,005,911
+8%
Admin
$1,151,587
$1,327,650
+15%
Fundraising
$442,629
$490,916
+11%
Total Expenses
$5,305,698
$5,824,477
+10%