Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$946,887
Government Grants
79%
Program Services
12%
Investments
4%
Contributions
3%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$797,582
Salaries & Benefits
51%
Other
34%
Depreciation
10%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$28,125
$24,635
-12%
Government Grants
$661,620
$751,970
+14%
Fundraising Events
$0
$0
-
Program Services
$122,529
$116,913
-5%
Membership Dues
$0
$0
-
Investments
$17,917
$42,128
+135%
Other
$11,888
$11,241
-5%
Total Revenues
$842,079
$946,887
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$408,829
$404,816
-1%
Fees to Service Providers
$9,090
$12,769
+40%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$35,125
$25,275
-28%
Interest
$0
$0
-
Depreciation
$116,856
$82,282
-30%
Other
$175,935
$272,440
+55%
Total Expenses
$745,835
$797,582
+7%
Net income
2023
2024
Change
Net income
+$96,244
+$149,305
+55%
Functional Expenses
Summary
2023
2024
Change
Program
$736,220
$783,406
+6%
Admin
$9,615
$14,176
+47%
Fundraising
$0
$0
-
Total Expenses
$745,835
$797,582
+7%