Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$13,529,589
Program Services
49%
Government Grants
42%
Other
7%
Investments
2%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,999,448
Salaries & Benefits
52%
Offices, Occupancy & IT
28%
Other
18%
Fees to Service Providers
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$4,850,628
$5,654,572
+17%
Fundraising Events
$0
$0
-
Program Services
$5,845,334
$6,680,688
+14%
Membership Dues
$0
$0
-
Investments
$100,317
$274,736
+174%
Other
$617,542
$919,593
+49%
Total Revenues
$11,413,821
$13,529,589
+19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,458,471
$6,723,023
+23%
Fees to Service Providers
$279,412
$335,566
+20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,699,316
$3,587,207
-3%
Interest
-$137
$0
-100%
Depreciation
$19,396
$21,523
+11%
Other
$1,823,641
$2,332,129
+28%
Total Expenses
$11,280,099
$12,999,448
+15%
Net income
2023
2024
Change
Net income
+$133,722
+$530,141
+296%
Functional Expenses
Summary
2023
2024
Change
Program
$9,508,671
$11,188,851
+18%
Admin
$1,771,428
$1,843,162
+4%
Fundraising
$0
-$32,565
-
Total Expenses
$11,280,099
$12,999,448
+15%