Income Statement

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Revenues in 2023
$2,054,512
Government Grants
65%
Contributions
30%
Other
3%
Investments
1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$1,917,527
Salaries & Benefits
68%
Other
24%
Offices, Occupancy & IT
5%
Depreciation
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$554,100
$613,858
+11%
Government Grants
$1,249,561
$1,343,736
+8%
Fundraising Events
$0
$0
-
Program Services
$18,000
$6,328
-65%
Membership Dues
$0
$0
-
Investments
$10,487
$25,923
+147%
Other
$28,963
$64,667
+123%
Total Revenues
$1,861,111
$2,054,512
+10%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,131,963
$1,297,059
+15%
Fees to Service Providers
$12,395
$13,025
+5%
Advertising & Promotion
$38
$361
+850%
Offices, Occupancy & IT
$113,534
$98,846
-13%
Interest
$0
$0
-
Depreciation
$56,526
$52,127
-8%
Other
$409,297
$456,109
+11%
Total Expenses
$1,723,753
$1,917,527
+11%
Net income
2022
2023
Change
Net income
+$137,358
+$136,985
0%
Functional Expenses
Summary
2022
2023
Change
Program
$1,576,329
$1,726,322
+10%
Admin
$141,095
$185,360
+31%
Fundraising
$6,329
$5,845
-8%
Total Expenses
$1,723,753
$1,917,527
+11%