Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,523,742
Government Grants
57%
Program Services
31%
Other
9%
Investments
2%
Contributions
1%
Membership Dues
<1%
Fundraising Events
0%
Expenses in 2024
$3,102,902
Salaries & Benefits
60%
Other
28%
Depreciation
9%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Benefits to Members
<1%
Grants
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,902
$44,162
+540%
Government Grants
$1,595,113
$1,997,455
+25%
Fundraising Events
$0
$0
-
Program Services
$760,208
$1,103,692
+45%
Membership Dues
$49
$95
+94%
Investments
$36,750
$77,687
+111%
Other
$174,551
$300,651
+72%
Total Revenues
$2,573,573
$3,523,742
+37%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$6,104
$4,130
-32%
Salaries & Benefits
$1,406,167
$1,869,081
+33%
Fees to Service Providers
$41,577
$54,340
+31%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$26,368
$28,808
+9%
Interest
$870
$0
-100%
Depreciation
$271,030
$272,870
+1%
Other
$680,161
$873,673
+28%
Total Expenses
$2,432,277
$3,102,902
+28%
Net income
2023
2024
Change
Net income
+$141,296
+$420,840
+198%
Functional Expenses
Summary
2023
2024
Change
Program
$2,284,825
$2,899,830
+27%
Admin
$147,452
$203,072
+38%
Fundraising
$0
$0
-
Total Expenses
$2,432,277
$3,102,902
+28%