Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$16,176,969
Program Services
89%
Government Grants
8%
Contributions
3%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$15,735,720
Salaries & Benefits
56%
Other
22%
Depreciation
10%
Offices, Occupancy & IT
6%
Interest
4%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$520,537
$500,009
-4%
Government Grants
$0
$1,360,000
-
Fundraising Events
$0
$0
-
Program Services
$13,376,333
$14,316,960
+7%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$13,896,870
$16,176,969
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,881,392
$8,758,225
+11%
Fees to Service Providers
$328,957
$167,292
-49%
Advertising & Promotion
$107,459
$111,895
+4%
Offices, Occupancy & IT
$520,823
$1,019,636
+96%
Interest
$692,122
$673,386
-3%
Depreciation
$1,540,730
$1,575,642
+2%
Other
$3,225,988
$3,429,644
+6%
Total Expenses
$14,297,471
$15,735,720
+10%
Net income
2023
2024
Change
Net income
-$400,601
+$441,249
-210%
Functional Expenses
Summary
2023
2024
Change
Program
$11,391,196
$12,221,247
+7%
Admin
$2,905,814
$3,512,666
+21%
Fundraising
$461
$1,807
+292%
Total Expenses
$14,297,471
$15,735,720
+10%