Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,514,578
Government Grants
>99%
Contributions
<1%
Investments
<1%
Program Services
<1%
Membership Dues
<1%
Fundraising Events
0%
Other
0%
Expenses in 2024
$1,377,983
Other
43%
Salaries & Benefits
28%
Depreciation
13%
Interest
11%
Offices, Occupancy & IT
2%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$33,270
$7,900
-76%
Government Grants
$1,000,000
$1,500,000
+50%
Fundraising Events
$0
$0
-
Program Services
$2,940
$2,945
+0%
Membership Dues
$211
$330
+56%
Investments
$1,875
$3,403
+81%
Other
$106,459
$0
-100%
Total Revenues
$1,144,755
$1,514,578
+32%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$406,145
$389,959
-4%
Fees to Service Providers
$4,500
$18,160
+304%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$32,520
$32,520
+0%
Interest
$144,592
$157,156
+9%
Depreciation
$180,625
$185,600
+3%
Other
$427,883
$594,588
+39%
Total Expenses
$1,196,265
$1,377,983
+15%
Net income
2023
2024
Change
Net income
-$51,510
+$136,595
-365%
Functional Expenses
Summary
2023
2024
Change
Program
$1,115,250
$1,252,152
+12%
Admin
$81,015
$125,831
+55%
Fundraising
$0
$0
-
Total Expenses
$1,196,265
$1,377,983
+15%