Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,532,451
Program Services
85%
Investments
12%
Government Grants
2%
Other
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,094,603
Salaries & Benefits
48%
Other
27%
Depreciation
20%
Offices, Occupancy & IT
5%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$51,259
$52,668
+3%
Fundraising Events
$0
$0
-
Program Services
$2,022,618
$2,148,970
+6%
Membership Dues
$0
$0
-
Investments
$229,443
$293,574
+28%
Other
$138,437
$37,239
-73%
Total Revenues
$2,441,757
$2,532,451
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$804,467
$999,001
+24%
Fees to Service Providers
$12,400
$15,550
+25%
Advertising & Promotion
$2,546
$1,616
-37%
Offices, Occupancy & IT
$118,437
$103,998
-12%
Interest
$0
$0
-
Depreciation
$456,899
$410,831
-10%
Other
$601,139
$563,607
-6%
Total Expenses
$1,995,888
$2,094,603
+5%
Net income
2023
2024
Change
Net income
+$445,869
+$437,848
-2%
Functional Expenses
Summary
2023
2024
Change
Program
$1,868,976
$1,975,815
+6%
Admin
$126,912
$118,788
-6%
Fundraising
$0
$0
-
Total Expenses
$1,995,888
$2,094,603
+5%