Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,496,503
Investments
57%
Program Services
32%
Contributions
11%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$2,924,251
Salaries & Benefits
40%
Fees to Service Providers
24%
Other
11%
Advertising & Promotion
10%
Offices, Occupancy & IT
8%
Depreciation
7%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$387,500
$282,000
-27%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$927,417
$786,696
-15%
Membership Dues
$0
$0
-
Investments
$1,151,231
$1,427,807
+24%
Other
$0
$0
-
Total Revenues
$2,466,148
$2,496,503
+1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,940,294
$1,175,996
-39%
Fees to Service Providers
$485,384
$708,691
+46%
Advertising & Promotion
$230,115
$282,496
+23%
Offices, Occupancy & IT
$361,294
$242,659
-33%
Interest
$0
$0
-
Depreciation
$202,996
$205,273
+1%
Other
$807,648
$309,136
-62%
Total Expenses
$4,027,731
$2,924,251
-27%
Net income
2023
2024
Change
Net income
-$1,561,583
-$427,748
+73%
Functional Expenses
Summary
2023
2024
Change
Program
$1,998,849
$1,062,406
-47%
Admin
$2,028,882
$1,861,845
-8%
Fundraising
$0
$0
-
Total Expenses
$4,027,731
$2,924,251
-27%