Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$18,462,394
Government Grants
96%
Program Services
4%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$18,531,486
Salaries & Benefits
86%
Other
13%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$15,832,576
$17,789,008
+12%
Fundraising Events
$0
$0
-
Program Services
$346,080
$673,386
+95%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$16,178,656
$18,462,394
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,741,033
$15,849,600
+15%
Fees to Service Providers
$1,029,429
$124,391
-88%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$360,416
$201,279
-44%
Interest
$22,221
$0
-100%
Depreciation
$48,095
$30,434
-37%
Other
$1,787,294
$2,325,782
+30%
Total Expenses
$16,988,488
$18,531,486
+9%
Net income
2023
2024
Change
Net income
-$809,832
-$69,092
+91%
Functional Expenses
Summary
2023
2024
Change
Program
$15,289,638
$16,678,337
+9%
Admin
$1,698,850
$1,853,149
+9%
Fundraising
$0
$0
-
Total Expenses
$16,988,488
$18,531,486
+9%