Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,111,804
Program Services
72%
Investments
27%
Government Grants
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$3,976,554
Salaries & Benefits
27%
Other
21%
Interest
16%
Offices, Occupancy & IT
15%
Depreciation
14%
Fees to Service Providers
7%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$141,012
$0
-100%
Government Grants
$0
$50,214
-
Fundraising Events
$0
$0
-
Program Services
$3,134,366
$2,949,628
-6%
Membership Dues
$0
$0
-
Investments
$1,009,855
$1,111,962
+10%
Other
$248,263
$0
-100%
Total Revenues
$4,533,496
$4,111,804
-9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$979,768
$1,077,897
+10%
Fees to Service Providers
$239,760
$281,188
+17%
Advertising & Promotion
$11,640
$17,938
+54%
Offices, Occupancy & IT
$539,857
$580,787
+8%
Interest
$464,582
$629,856
+36%
Depreciation
$475,524
$570,961
+20%
Other
$832,291
$817,927
-2%
Total Expenses
$3,543,422
$3,976,554
+12%
Net income
2023
2024
Change
Net income
+$990,074
+$135,250
-86%
Functional Expenses
Summary
2023
2024
Change
Program
$3,438,816
$3,960,232
+15%
Admin
$104,606
$16,322
-84%
Fundraising
$0
$0
-
Total Expenses
$3,543,422
$3,976,554
+12%