Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$967,286
Government Grants
81%
Program Services
10%
Other
8%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,079,191
Salaries & Benefits
62%
Offices, Occupancy & IT
13%
Other
12%
Depreciation
6%
Fees to Service Providers
6%
Interest
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$946
$4,700
+397%
Government Grants
$1,050,860
$784,640
-25%
Fundraising Events
$0
$0
-
Program Services
$113,291
$96,398
-15%
Membership Dues
$0
$0
-
Investments
$6
$8
+33%
Other
$71,280
$81,540
+14%
Total Revenues
$1,236,383
$967,286
-22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$764,163
$668,817
-12%
Fees to Service Providers
$9,155
$62,280
+580%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$162,292
$140,265
-14%
Interest
$12,154
$14,139
+16%
Depreciation
$58,504
$68,590
+17%
Other
$136,239
$125,100
-8%
Total Expenses
$1,142,507
$1,079,191
-6%
Net income
2023
2024
Change
Net income
+$93,876
-$111,905
-219%
Functional Expenses
Summary
2023
2024
Change
Program
$997,916
$888,206
-11%
Admin
$144,591
$190,985
+32%
Fundraising
$0
$0
-
Total Expenses
$1,142,507
$1,079,191
-6%