Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,996,100
Contributions
72%
Government Grants
12%
Program Services
11%
Membership Dues
4%
Other
<1%
Investments
<1%
Fundraising Events
0%
Expenses in 2024
$471,554
Offices, Occupancy & IT
42%
Fees to Service Providers
17%
Depreciation
17%
Other
11%
Interest
7%
Advertising & Promotion
3%
Salaries & Benefits
2%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,362,282
$1,435,657
+5%
Government Grants
$700,000
$241,875
-65%
Fundraising Events
$0
$0
-
Program Services
$219,578
$209,705
-4%
Membership Dues
$86,166
$88,407
+3%
Investments
$1,918
$2,027
+6%
Other
$27,816
$18,429
-34%
Total Revenues
$2,397,760
$1,996,100
-17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,968
$8,525
-5%
Fees to Service Providers
$83,059
$81,741
-2%
Advertising & Promotion
$16,494
$15,558
-6%
Offices, Occupancy & IT
$152,014
$197,720
+30%
Interest
$14,029
$33,358
+138%
Depreciation
$73,431
$81,075
+10%
Other
$33,530
$53,577
+60%
Total Expenses
$381,525
$471,554
+24%
Net income
2023
2024
Change
Net income
+$2,016,235
+$1,524,546
-24%
Functional Expenses
Summary
2023
2024
Change
Program
$328,586
$419,496
+28%
Admin
$52,939
$52,058
-2%
Fundraising
$0
$0
-
Total Expenses
$381,525
$471,554
+24%