Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,565,877
Program Services
81%
Government Grants
7%
Investments
6%
Other
4%
Contributions
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,392,410
Salaries & Benefits
50%
Other
25%
Fees to Service Providers
15%
Offices, Occupancy & IT
6%
Depreciation
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$94,015
$99,048
+5%
Government Grants
$436,700
$385,942
-12%
Fundraising Events
$0
$0
-
Program Services
$3,635,008
$4,501,469
+24%
Membership Dues
$0
$0
-
Investments
$312,983
$342,154
+9%
Other
-$19,891
$237,264
-1293%
Total Revenues
$4,458,815
$5,565,877
+25%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,993,041
$2,187,012
+10%
Fees to Service Providers
$548,437
$671,264
+22%
Advertising & Promotion
$18,950
$11,327
-40%
Offices, Occupancy & IT
$288,845
$266,923
-8%
Interest
$0
$0
-
Depreciation
$158,714
$159,342
+0%
Other
$986,086
$1,096,542
+11%
Total Expenses
$3,994,073
$4,392,410
+10%
Net income
2023
2024
Change
Net income
+$464,742
+$1,173,467
+152%
Functional Expenses
Summary
2023
2024
Change
Program
$2,645,760
$3,072,287
+16%
Admin
$1,344,882
$1,316,879
-2%
Fundraising
$3,431
$3,244
-5%
Total Expenses
$3,994,073
$4,392,410
+10%