Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,057,243
Government Grants
83%
Contributions
14%
Other
2%
Investments
1%
Fundraising Events
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$748,418
Other
50%
Salaries & Benefits
42%
Offices, Occupancy & IT
4%
Depreciation
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$283,685
$289,635
+2%
Government Grants
$279,518
$1,700,065
+508%
Fundraising Events
$0
$175
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$10,492
$22,223
+112%
Other
$42,822
$45,145
+5%
Total Revenues
$616,517
$2,057,243
+234%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$278,937
$316,347
+13%
Fees to Service Providers
$35,543
$7,226
-80%
Advertising & Promotion
$210
$182
-13%
Offices, Occupancy & IT
$36,408
$30,050
-17%
Interest
$0
$0
-
Depreciation
$19,164
$19,804
+3%
Other
$228,729
$374,809
+64%
Total Expenses
$598,991
$748,418
+25%
Net income
2023
2024
Change
Net income
+$17,526
+$1,308,825
+7368%
Functional Expenses
Summary
2023
2024
Change
Program
$461,536
$587,663
+27%
Admin
$83,853
$104,177
+24%
Fundraising
$53,602
$56,578
+6%
Total Expenses
$598,991
$748,418
+25%