Income Statement

Fiscal Year: 2024
Revenues in 2024
$7,681,706
Program Services
52%
Government Grants
43%
Other
2%
Contributions
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,094,415
Grants
44%
Salaries & Benefits
36%
Fees to Service Providers
15%
Offices, Occupancy & IT
3%
Other
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$115,218
$119,774
+4%
Government Grants
$2,969,169
$3,282,747
+11%
Fundraising Events
$0
$0
-
Program Services
$1,965,569
$3,994,832
+103%
Membership Dues
$0
$0
-
Investments
$106,610
$109,402
+3%
Other
$185,100
$174,951
-5%
Total Revenues
$5,341,666
$7,681,706
+44%
Expenses
2023
2024
Change
Grants
$2,298,400
$2,667,448
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,013,343
$2,174,741
+8%
Fees to Service Providers
$454,202
$909,557
+100%
Advertising & Promotion
$7,367
$12,551
+70%
Offices, Occupancy & IT
$188,859
$175,642
-7%
Interest
$0
$0
-
Depreciation
$2,247
$2,247
+0%
Other
$237,311
$152,229
-36%
Total Expenses
$5,201,729
$6,094,415
+17%
Net income
2023
2024
Change
Net income
+$139,937
+$1,587,291
+1034%
Functional Expenses
Summary
2023
2024
Change
Program
$4,402,314
$5,299,694
+20%
Admin
$799,415
$794,721
-1%
Fundraising
$0
$0
-
Total Expenses
$5,201,729
$6,094,415
+17%