Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$7,527,483
Government Grants
73%
Contributions
19%
Program Services
5%
Other
2%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,601,840
Salaries & Benefits
65%
Other
13%
Offices, Occupancy & IT
10%
Grants
5%
Fees to Service Providers
4%
Depreciation
1%
Interest
1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,384,013
$1,442,483
+4%
Government Grants
$2,451,309
$5,505,448
+125%
Fundraising Events
$0
$0
-
Program Services
$64,780
$388,444
+500%
Membership Dues
$0
$0
-
Investments
$17,036
$32,795
+93%
Other
$26,803
$158,313
+491%
Total Revenues
$3,943,941
$7,527,483
+91%
Expenses
2023
2024
Change
Grants
$226,374
$249,249
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,643,709
$3,005,373
+14%
Fees to Service Providers
$794,352
$183,225
-77%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$413,122
$441,650
+7%
Interest
$37,431
$48,670
+30%
Depreciation
$76,322
$54,167
-29%
Other
$383,754
$619,506
+61%
Total Expenses
$4,575,064
$4,601,840
+1%
Net income
2023
2024
Change
Net income
-$631,123
+$2,925,643
-564%
Functional Expenses
Summary
2023
2024
Change
Program
$3,774,334
$3,592,220
-5%
Admin
$800,730
$757,479
-5%
Fundraising
$0
$252,141
-
Total Expenses
$4,575,064
$4,601,840
+1%