Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$3,228,308
Government Grants
50%
Program Services
21%
Other
15%
Investments
11%
Contributions
2%
Membership Dues
<1%
Fundraising Events
0%
Expenses in 2024
$1,803,481
Salaries & Benefits
52%
Fees to Service Providers
17%
Offices, Occupancy & IT
13%
Grants
10%
Other
6%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$74,275
$76,156
+3%
Government Grants
$2,393,815
$1,627,606
-32%
Fundraising Events
$0
$0
-
Program Services
$36,065
$664,653
+1743%
Membership Dues
$23,000
$20,750
-10%
Investments
$248,599
$367,554
+48%
Other
$1,064,515
$471,589
-56%
Total Revenues
$3,840,269
$3,228,308
-16%
Expenses
2023
2024
Change
Grants
$271,482
$176,118
-35%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,123,632
$946,417
-16%
Fees to Service Providers
$272,859
$313,139
+15%
Advertising & Promotion
$1,500
$4,859
+224%
Offices, Occupancy & IT
$216,940
$233,352
+8%
Interest
$11,881
$0
-100%
Depreciation
$16,558
$15,695
-5%
Other
$122,358
$113,901
-7%
Total Expenses
$2,037,210
$1,803,481
-11%
Net income
2023
2024
Change
Net income
+$1,803,059
+$1,424,827
-21%
Functional Expenses
Summary
2023
2024
Change
Program
$1,183,302
$999,127
-16%
Admin
$853,908
$804,354
-6%
Fundraising
$0
$0
-
Total Expenses
$2,037,210
$1,803,481
-11%