Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,375,728
Contributions
49%
Program Services
48%
Government Grants
3%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$2,748,489
Grants
71%
Salaries & Benefits
15%
Other
12%
Fees to Service Providers
2%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$551,913
$677,414
+23%
Government Grants
$0
$35,496
-
Fundraising Events
$0
$0
-
Program Services
$508,957
$662,522
+30%
Membership Dues
$0
$0
-
Investments
$1,222
$0
-100%
Other
$100
$296
+196%
Total Revenues
$1,062,192
$1,375,728
+30%
Expenses
2023
2024
Change
Grants
$0
$1,950,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$297,716
$403,787
+36%
Fees to Service Providers
$17,192
$64,104
+273%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$30,915
$854
-97%
Interest
$0
$0
-
Depreciation
$14,232
$12,302
-14%
Other
$58,274
$317,442
+445%
Total Expenses
$418,329
$2,748,489
+557%
Net income
2023
2024
Change
Net income
+$643,863
-$1,372,761
-313%
Functional Expenses
Summary
2023
2024
Change
Program
$318,702
$2,400,460
+653%
Admin
$99,627
$348,029
+249%
Fundraising
$0
$0
-
Total Expenses
$418,329
$2,748,489
+557%