Income Statement

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Revenues in 2023
$161,349
Government Grants
69%
Other
19%
Contributions
6%
Fundraising Events
5%
Membership Dues
<1%
Program Services
0%
Investments
0%
Expenses in 2023
$125,000
Salaries & Benefits
49%
Other
19%
Offices, Occupancy & IT
17%
Fees to Service Providers
10%
Depreciation
4%
Advertising & Promotion
3%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$2,764
$10,411
+277%
Government Grants
$44,130
$112,027
+154%
Fundraising Events
$2,354
$7,665
+226%
Program Services
$2,775
$0
-100%
Membership Dues
$40
$125
+213%
Investments
$0
$0
-
Other
$31,856
$31,121
-2%
Total Revenues
$83,919
$161,349
+92%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$59,875
$61,107
+2%
Fees to Service Providers
$3,482
$11,925
+242%
Advertising & Promotion
$310
$3,500
+1029%
Offices, Occupancy & IT
$16,707
$20,800
+24%
Interest
$0
$0
-
Depreciation
$4,745
$4,500
-5%
Other
$24,546
$23,168
-6%
Total Expenses
$109,665
$125,000
+14%
Net income
2022
2023
Change
Net income
-$25,746
+$36,349
-241%
Functional Expenses
Summary
2022
2023
Change
Program
$90,798
$125,000
+38%
Admin
$18,867
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$109,665
$125,000
+14%