Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$2,995,550
Government Grants
75%
Contributions
24%
Investments
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,475,281
Salaries & Benefits
62%
Other
22%
Offices, Occupancy & IT
9%
Fees to Service Providers
5%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$606,707
$706,054
+16%
Government Grants
$1,611,380
$2,254,979
+40%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$22,512
$24,574
+9%
Other
$9,350
$9,943
+6%
Total Revenues
$2,249,949
$2,995,550
+33%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,188,897
$1,533,209
+29%
Fees to Service Providers
$90,604
$134,796
+49%
Advertising & Promotion
$3,083
$424
-86%
Offices, Occupancy & IT
$174,178
$221,062
+27%
Interest
$0
$0
-
Depreciation
$35,199
$47,066
+34%
Other
$439,282
$538,724
+23%
Total Expenses
$1,931,243
$2,475,281
+28%
Net income
2023
2024
Change
Net income
+$318,706
+$520,269
+63%
Functional Expenses
Summary
2023
2024
Change
Program
$1,814,538
$2,312,466
+27%
Admin
$106,531
$162,815
+53%
Fundraising
$10,174
$0
-100%
Total Expenses
$1,931,243
$2,475,281
+28%