Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,926,296
Contributions
68%
Government Grants
31%
Investments
2%
Membership Dues
<1%
Fundraising Events
0%
Program Services
0%
Other
0%
Expenses in 2024
$1,839,896
Other
55%
Grants
26%
Salaries & Benefits
15%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,080,378
$1,304,695
+21%
Government Grants
$1,242,515
$590,343
-52%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$3,700
$1,450
-61%
Investments
$16,790
$29,808
+78%
Other
$0
$0
-
Total Revenues
$2,343,383
$1,926,296
-18%
Expenses
2023
2024
Change
Grants
$863,506
$476,825
-45%
Benefits to Members
$0
$0
-
Salaries & Benefits
$250,894
$278,065
+11%
Fees to Service Providers
$16,250
$18,173
+12%
Advertising & Promotion
$16,080
$6,688
-58%
Offices, Occupancy & IT
$45,981
$49,210
+7%
Interest
$1,702
$0
-100%
Depreciation
$1,344
$2,667
+98%
Other
$973,524
$1,008,268
+4%
Total Expenses
$2,169,281
$1,839,896
-15%
Net income
2023
2024
Change
Net income
+$174,102
+$86,400
-50%
Functional Expenses
Summary
2023
2024
Change
Program
$1,762,809
$1,427,016
-19%
Admin
$406,472
$412,880
+2%
Fundraising
$0
$0
-
Total Expenses
$2,169,281
$1,839,896
-15%