Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$7,615,379
Program Services
88%
Other
10%
Contributions
2%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,887,369
Offices, Occupancy & IT
32%
Interest
27%
Salaries & Benefits
14%
Depreciation
10%
Other
10%
Fees to Service Providers
5%
Grants
2%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$105,772
$177,945
+68%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$7,505,667
$6,690,181
-11%
Membership Dues
$0
$0
-
Investments
$4,895
$4,978
+2%
Other
$0
$742,275
-
Total Revenues
$7,616,334
$7,615,379
0%
Expenses
2023
2024
Change
Grants
$105,772
$177,945
+68%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,111,623
$1,222,085
+10%
Fees to Service Providers
$430,462
$455,142
+6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,010,865
$2,845,281
+41%
Interest
$2,343,755
$2,386,451
+2%
Depreciation
$1,809,060
$922,750
-49%
Other
$1,558,930
$877,715
-44%
Total Expenses
$9,370,467
$8,887,369
-5%
Net income
2023
2024
Change
Net income
-$1,754,133
-$1,271,990
+27%
Functional Expenses
Summary
2023
2024
Change
Program
$8,236,312
$7,680,860
-7%
Admin
$1,134,155
$1,206,509
+6%
Fundraising
$0
$0
-
Total Expenses
$9,370,467
$8,887,369
-5%