Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,177,883
Government Grants
97%
Other
2%
Investments
<1%
Membership Dues
<1%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$2,201,332
Salaries & Benefits
86%
Other
10%
Offices, Occupancy & IT
1%
Depreciation
1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$12,694
$200
-98%
Government Grants
$1,870,998
$2,104,391
+12%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$18,923
$9,274
-51%
Investments
$10,020
$13,167
+31%
Other
$32,467
$50,851
+57%
Total Revenues
$1,945,102
$2,177,883
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,622,152
$1,904,099
+17%
Fees to Service Providers
$18,887
$21,622
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$33,722
$28,411
-16%
Interest
$0
$0
-
Depreciation
$25,064
$28,087
+12%
Other
$186,716
$219,113
+17%
Total Expenses
$1,886,541
$2,201,332
+17%
Net income
2023
2024
Change
Net income
+$58,561
-$23,449
-140%
Functional Expenses
Summary
2023
2024
Change
Program
$1,757,858
$2,062,256
+17%
Admin
$128,683
$139,076
+8%
Fundraising
$0
$0
-
Total Expenses
$1,886,541
$2,201,332
+17%