Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,434,445
Government Grants
50%
Contributions
50%
Investments
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$3,894,645
Salaries & Benefits
54%
Grants
38%
Other
5%
Offices, Occupancy & IT
2%
Fees to Service Providers
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$318,962
$3,687,444
+1056%
Government Grants
$3,130,705
$3,705,595
+18%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$7,992
$34,751
+335%
Other
$5,629
$6,655
+18%
Total Revenues
$3,463,288
$7,434,445
+115%
Expenses
2023
2024
Change
Grants
$1,240,345
$1,468,152
+18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,860,448
$2,086,600
+12%
Fees to Service Providers
$40,301
$49,675
+23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$82,458
$74,776
-9%
Interest
$0
$0
-
Depreciation
$10,451
$9,338
-11%
Other
$186,012
$206,104
+11%
Total Expenses
$3,420,015
$3,894,645
+14%
Net income
2023
2024
Change
Net income
+$43,273
+$3,539,800
+8080%
Functional Expenses
Summary
2023
2024
Change
Program
$2,993,662
$3,386,889
+13%
Admin
$403,671
$486,861
+21%
Fundraising
$22,682
$20,895
-8%
Total Expenses
$3,420,015
$3,894,645
+14%