Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$665,774
Government Grants
80%
Contributions
10%
Other
5%
Investments
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$679,697
Salaries & Benefits
56%
Fees to Service Providers
13%
Other
13%
Grants
12%
Offices, Occupancy & IT
4%
Advertising & Promotion
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$100,630
$68,226
-32%
Government Grants
$705,438
$535,292
-24%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$19,122
$30,256
+58%
Other
$20,725
$32,000
+54%
Total Revenues
$845,915
$665,774
-21%
Expenses
2023
2024
Change
Grants
$177,485
$81,179
-54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$317,724
$382,929
+21%
Fees to Service Providers
$82,593
$89,575
+8%
Advertising & Promotion
$17,088
$8,848
-48%
Offices, Occupancy & IT
$39,833
$28,042
-30%
Interest
$0
$0
-
Depreciation
$519
$1,037
+100%
Other
$163,665
$88,087
-46%
Total Expenses
$798,907
$679,697
-15%
Net income
2023
2024
Change
Net income
+$47,008
-$13,923
-130%
Functional Expenses
Summary
2023
2024
Change
Program
$701,639
$566,831
-19%
Admin
$97,268
$112,866
+16%
Fundraising
$0
$0
-
Total Expenses
$798,907
$679,697
-15%