Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$14,468,602
Government Grants
59%
Contributions
35%
Program Services
5%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,816,716
Salaries & Benefits
67%
Grants
16%
Other
6%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$987,475
$5,072,201
+414%
Government Grants
$9,142,440
$8,590,598
-6%
Fundraising Events
$0
$0
-
Program Services
$631,336
$727,973
+15%
Membership Dues
$0
$0
-
Investments
$5,642
$27,287
+384%
Other
$32,367
$50,543
+56%
Total Revenues
$10,799,260
$14,468,602
+34%
Expenses
2023
2024
Change
Grants
$1,822,712
$2,059,234
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,552,603
$8,575,821
+31%
Fees to Service Providers
$714,704
$541,133
-24%
Advertising & Promotion
$4,579
$7,964
+74%
Offices, Occupancy & IT
$640,015
$759,991
+19%
Interest
$0
$0
-
Depreciation
$65,823
$67,715
+3%
Other
$592,432
$804,858
+36%
Total Expenses
$10,392,868
$12,816,716
+23%
Net income
2023
2024
Change
Net income
+$406,392
+$1,651,886
+306%
Functional Expenses
Summary
2023
2024
Change
Program
$8,122,530
$10,299,535
+27%
Admin
$1,662,508
$1,905,472
+15%
Fundraising
$607,830
$611,709
+1%
Total Expenses
$10,392,868
$12,816,716
+23%